Piedmont Office Realty Trust CEO Donald Miller's 2018 pay rises 4% to $5.1M

Piedmont Office Realty Trust reports 2018 executive compensation

By ExecPay News

Published: March 19, 2019

Piedmont Office Realty Trust reported fiscal year 2018 executive compensation information on March 19, 2019.
In 2018, five executives at Piedmont Office Realty Trust received on average a compensation package of $2.2M, a 4% decrease compared to previous year.
Average pay of disclosed executives at Piedmont Office Realty Trust
Donald A. Miller, Chief Executive Officer, received $5.1M in total, which increased by 4% compared to 2017. 62% of Miller's compensation, or $3.2M, was in stock awards. Miller also received $1.1M in non-equity incentive plan, $740K in salary, as well as $28K in other compensation.
For fiscal year 2018, the median employee pay was $111,817 at Piedmont Office Realty Trust. Therefore, the ratio of Donald A. Miller's pay to the median employee pay was 45 to one.
Robert E. Bowers, Chief Financial Officer, received a compensation package of $2.2M, which increased by 6% compared to previous year. 53% of the compensation package, or $1.1M, was in stock awards.
C. Brent Smith, Chief Investment Officer, earned $1.5M in 2018, a 29% increase compared to previous year.
Christopher A. Kollme, Executive Vice President Finance & Strategy, received $1.2M in 2018, which increases by 19% compared to 2017.
Robert K. Wiberg, Executive Vice President Northeast Region and Head of Development, earned $1M in 2018, a 5% 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

Christopher Kollme

Piedmont Office Realty Trust

Executive Vice President —  Investments and Strategy

C Smith

Piedmont Office Realty Trust

Chief Executive Officer

Robert Wiberg

Piedmont Office Realty Trust

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

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Source: SEC filing on March 19, 2019.