Retail Opportunity Investments CEO Stuart Tanz's 2021 pay rises 8% to $6.3M
Retail Opportunity Investments reports 2021 executive compensation
By ExecPay News
Published: March 25, 2022
Retail Opportunity Investments reported fiscal year 2021 executive compensation information on March 25, 2022.
In 2021, four executives at Retail Opportunity Investments received on average a compensation package of $2.9M, a 8% increase compared to previous year.
Stuart A. Tanz, Chief Executive Officer, received $6.3M in total, which increased by 8% compared to 2020. 62% of Tanz's compensation, or $3.9M, was in stock awards. Tanz also received $1.5M in non-equity incentive plan, $875K in salary, as well as $53K in other compensation.
For fiscal year 2021, the median employee pay was $172,475 at Retail Opportunity Investments. Therefore, the ratio of Stuart A. Tanz's pay to the median employee pay was 37 to one.
Richard K. Schoebel, Chief Operating Officer, received a compensation package of $2.4M, which increased by 9% compared to previous year. 54% of the compensation package, or $1.3M, was in stock awards.
Michael B. Haines, Chief Financial Officer, earned $2.1M in 2021, a 9% increase compared to previous year.
Richard A. Baker, Chairman, received $890K in 2021, which increases by 3% compared to 2020.