Seritage Growth Properties CEO Benjamin Schall's 2018 pay jumps 147% to $8.9M

Seritage Growth Properties reports 2018 executive compensation

By ExecPay News

Published: March 15, 2019

Seritage Growth Properties reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, six executives at Seritage Growth Properties received on average a compensation package of $2.6M, a 78% increase compared to previous year.
Average pay of disclosed executives at Seritage Growth Properties
Benjamin Schall, Chief Executive Officer, received $8.9M in total, which increased by 147% compared to 2017. 75% of Schall's compensation, or $6.7M, was in stock awards. Schall also received $1.3M in non-equity incentive plan, $875K in salary, as well as $85K in other compensation.
For fiscal year 2018, the median employee pay was $155,314 at Seritage Growth Properties. Therefore, the ratio of Benjamin Schall's pay to the median employee pay was 57 to one.
Brian Dickman, Chief Financial Officer, received a compensation package of $1.8M, which increased by 43% compared to previous year. 54% of the compensation package, or $972K, was in stock awards.
Matthew Fernand, General Counsel, earned $1.6M in 2018, a 52% increase compared to previous year.
Ken Lombard, Chief Operating Officer, received $1.2M in 2018.
Mary Rottler, Executive Vice President of Leasing and Operations, earned $1.2M in 2018, a 59% increase compared to previous year.
James Bry, Executive Vice President of Development and Construction, received $1.2M in 2018, which increases by 55% compared to 2017.

Related executives

Benjamin Schall

Seritage Growth Properties

Chief Executive Officer

Brian Dickman

Seritage Growth Properties

Chief Financial Officer

Ken Lombard

Seritage Growth Properties

Chief Operating Officer

Matthew Fernand

Seritage Growth Properties

General Counsel

James Bry

Seritage Growth Properties

Executive Vice President of Development and

Mary Rottler

Seritage Growth Properties

Executive Vice President of Leasing and Operations

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Source: SEC filing on March 15, 2019.