Preferred Apartment Communities COO Leonard Silverstein's 2019 pay jumps 33% to $2.3M

Preferred Apartment Communities reports 2019 executive compensation

By ExecPay News

Published: March 17, 2020

Preferred Apartment Communities reported fiscal year 2019 executive compensation information on March 17, 2020.

In 2019, five executives at Preferred Apartment Communities received on average a compensation package of $1.6M, a 38% increase compared to previous year.

Average pay of disclosed executives at Preferred Apartment Communities

Leonard A. Silverstein, Chief Operating Officer, received $2.3M in total, which increased by 33% compared to 2018. 54% of Silverstein's compensation, or $1.3M, was in bonus. Silverstein also received $1.1M in salary.

Daniel M. DuPree, Chief Executive Officer, received a compensation package of $2.1M, which increased by 18% compared to previous year. 61% of the compensation package, or $1.3M, was in salary.

Joel T. Murphy, Chief Executive Officer, earned $2M in 2019, a 40% increase compared to previous year.

John A. Isakson, Chief Financial Officer, received $775K in 2019, which increases by 19% compared to 2018.

Michael J. Cronin, Chief Accounting Officer, earned $725K in 2019, a 5% increase compared to previous year.