STAG Industrial CEO Benjamin Butcher's 2019 pay slips 1% to $4.3M

STAG Industrial reports 2019 executive compensation

By ExecPay News

Published: March 20, 2020

STAG Industrial reported fiscal year 2019 executive compensation information on March 20, 2020.
In 2019, five executives at STAG Industrial received on average a compensation package of $2.3M, a 2% decrease compared to previous year.
Average pay of disclosed executives at STAG Industrial
Benjamin S. Butcher, Chief Executive Officer, received $4.3M in total, which decreased by 1% compared to 2018. 60% of Butcher's compensation, or $2.6M, was in stock awards. Butcher also received $1M in non-equity incentive plan, $650K in salary, as well as $25K in other compensation.
For fiscal year 2019, the median employee pay was $180,315 at STAG Industrial. Therefore, the ratio of Benjamin S. Butcher's pay to the median employee pay was 24 to one.
Stephen C. Mecke, Chief Operating Officer, received a compensation package of $2.3M, which decreased by 8% compared to previous year. 53% of the compensation package, or $1.2M, was in stock awards.
William R. Crooker, Chief Financial Officer, earned $2.1M in 2019, a 1% increase compared to previous year.
David G. King, Executive Vice President and Director of Real Estate Operations, received $1.5M in 2019, which increases by 2% compared to 2018.
Jeffrey M. Sullivan, General Counsel, earned $1.5M in 2019, a 1% decrease compared to previous year.

Related executives

Benjamin Butcher

STAG Industrial

Chief Executive Officer

William Crooker

STAG Industrial

Chief Financial Officer

Stephen Mecke

STAG Industrial

Chief Operating Officer

Jeffrey Sullivan

STAG Industrial

General Counsel

David King

STAG Industrial

Former Executive Vice President and Director of Real Estate Operations

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Source: SEC filing on March 20, 2020.