Piedmont Office Realty Trust CEO Donald Miller's 2013 pay rises 4% to $3.2M

Piedmont Office Realty Trust reports 2013 executive compensation

By ExecPay News

Published: April 1, 2014

Piedmont Office Realty Trust reported fiscal year 2013 executive compensation information on April 1, 2014.
In 2013, five executives at Piedmont Office Realty Trust received on average a compensation package of $1.4M, a 9% increase compared to previous year.
Average pay of disclosed executives at Piedmont Office Realty Trust
Donald A. Miller, Chief Executive Officer, received $3.2M in total, which increased by 4% compared to 2012. 53% of Miller's compensation, or $1.7M, was in stock awards. Miller also received $787K in non-equity incentive plan, $685K in salary, as well as $25K in other compensation.
Robert E. Bowers, Chief Financial Officer, received a compensation package of $1.5M, which increased by 4% compared to previous year. 45% of the compensation package, or $669K, was in stock awards.
Robert K. Wiberg, Executive Vice President— Mid-Atlantic Region and Head of Development, earned $856K in 2013, a 66% increase compared to previous year.
Carroll A. Reddic, IV, Executive Vice President, Real Estate Operations, received $699K in 2013, which increases by 7% compared to 2012.
Raymond L. Owens, Chief Investment Officer, earned $697K in 2013, a 6% increase compared to previous year.

Related executives

Donald Miller

Piedmont Office Realty Trust

Chief Executive Officer

Robert Bowers

Piedmont Office Realty Trust

Executive Vice President and Chief Financial and Administrative Officer

Raymond Owens

Piedmont Office Realty Trust

Chief Investment Officer

Carroll Reddic

Piedmont Office Realty Trust

Executive Vice President Real Estate Operations

Robert Wiberg

Piedmont Office Realty Trust

Executive Vice President — Northeast Region and Co, Head of Development

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Source: SEC filing on April 1, 2014.