STAG Industrial CEO Benjamin Butcher's 2021 pay rises 6% to $4.4M

STAG Industrial reports 2021 executive compensation

By ExecPay News

Published: March 23, 2022

STAG Industrial reported fiscal year 2021 executive compensation information on March 23, 2022.
In 2021, five executives at STAG Industrial received on average a compensation package of $2.6M, a 17% increase compared to previous year.
Average pay of disclosed executives at STAG Industrial
Benjamin S. Butcher, Chief Executive Officer, received $4.4M in total, which increased by 6% compared to 2020. 58% of Butcher's compensation, or $2.6M, was in stock awards. Butcher also received $1.2M in non-equity incentive plan, $650K in salary, as well as $28K in other compensation.
For fiscal year 2021, the median employee pay was $251,646 at STAG Industrial. Therefore, the ratio of Benjamin S. Butcher's pay to the median employee pay was 18 to one.
David G. King, Former Executive Vice President and Director of Real Estate Operations, received a compensation package of $2.5M, which increased by 78% compared to previous year. 53% of the compensation package, or $1.3M, was in other compensation.
Stephen C. Mecke, Chief Operating Officer, earned $2.3M in 2021, a 6% increase compared to previous year.
William R. Crooker, Chief Financial Officer, received $2.3M in 2021, which increases by 15% compared to 2020.
Jeffrey M. Sullivan, General Counsel, earned $1.5M in 2021, a 7% increase 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 23, 2022.