RMR GROUP reports 2018 executive compensation
CTO Jennifer B. Clark receives $4.6M
RMR GROUP reported fiscal year 2018 executive compensation information on January 23, 2019.
In 2018, four RMR GROUP executives received on average a compensation package of $3,646,319, a 1% decrease compared to previous year.Average pay of disclosed executives at RMR GROUP
Jennifer B. Clark, Chief Technology Officer, received $4,582,838 in total, which increased by 14% compared to 2017. 57.82% of Clark's compensation, or $2,650,000, was in bonus. Clark also received $300,000 in salary, $1,504,945 in stock awards, as well as $127,893 in other compensation.
Adam D. Portnoy, Chief Executive Officer, received a compensation package of $3,984,250, which increased by 12% compared to previous year. 66.51% of the compensation package, or $2,650,000, was in bonus.
Mark L. Kleifges, Executive Vice President, earned $3,272,451 in 2018.
Barry M. Portnoy, Chief Technology Officer, received $2,745,738 in 2018, which decreases by 20% compared to 2017.
RMR GROUP's fiscal year ends on September 30.