RMR Group Executive Vice President Jonathan Pertchik's 2022 pay jumps 91% to $6.4M
RMR Group reports 2022 executive compensation
By ExecPay News
Published: January 18, 2023
RMR Group reported fiscal year 2022 executive compensation information on January 18, 2023.
In 2022, six RMR Group executives received on average a compensation package of $4.1M, a 8% increase compared to previous year.
Average pay of disclosed executives at RMR Group
Jonathan M. Pertchik, Executive Vice President, received $6.4M in total, which increased by 91% compared to 2021. 90% of Pertchik's compensation, or $5.7M, was in stock awards. Pertchik also received $525K in bonus, $75K in salary, as well as $55K in other compensation.
For fiscal year 2022, the median employee pay was $121,987 at RMR Group. Therefore, the ratio of Jonathan M. Pertchik's pay to the median employee pay was 52 to one.
Jennifer B. Clark, General Counsel, received a compensation package of $4.7M, which decreased by 2% compared to previous year. 62% of the compensation package, or $2.9M, was in bonus.
Adam D. Portnoy, Chief Executive Officer, earned $4.1M in 2022, a 3% decrease compared to previous year.
Matthew P. Jordan, Chief Financial Officer, received $4M in 2022, which increases by 16% compared to 2021.
Jennifer F. Francis, Executive Vice President, earned $2.8M in 2022, a 6% increase compared to previous year.
John G. Murray, Executive Vice President, received $2.5M in 2022, which decreases by 41% compared to 2021.
RMR Group's fiscal year ends on September 30.
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Source: SEC filing on January 18, 2023.