Summit Hotel Properties CEO Daniel Hansen's 2018 pay jumps 21% to $4.4M

Summit Hotel Properties reports 2018 executive compensation

By ExecPay News

Published: April 1, 2019

Summit Hotel Properties reported fiscal year 2018 executive compensation information on April 1, 2019.
In 2018, six executives at Summit Hotel Properties received on average a compensation package of $1.7M, a 9% increase compared to previous year.
Average pay of disclosed executives at Summit Hotel Properties
Daniel P. Hansen, Chief Executive Officer, received $4.4M in total, which increased by 21% compared to 2017. 62% of Hansen's compensation, or $2.7M, was in stock awards. Hansen also received $974K in non-equity incentive plan, $700K in salary, as well as $11K in other compensation.
For fiscal year 2018, the median employee pay was $118,882 at Summit Hotel Properties. Therefore, the ratio of Daniel P. Hansen's pay to the median employee pay was 37 to one.
Craig J. Aniszewski, Chief Operating Officer, received a compensation package of $2M, which increased by 20% compared to previous year. 56% of the compensation package, or $1.1M, was in stock awards.
Jonathan P. Stanner, Chief Financial Officer, earned $1.8M in 2018, a 31% increase compared to previous year.
Christopher R. Eng, EVP, CRO, GC, received $1.2M in 2018, which increases by 31% compared to 2017.
Paul Ruiz, SVP, CAO, earned $807K in 2018, a 41% increase compared to previous year.
Greg A. Dowell, Chief Financial Officer, received $94K in 2018, which decreases by 93% compared to 2017.

Related executives

Daniel Hansen

Summit Hotel Properties

Chairman

Craig Aniszewski

Summit Hotel Properties

Chief Operating Officer

Jonathan Stanner

Summit Hotel Properties

Chief Executive Officer

Greg Dowell

Summit Hotel Properties

Chief Financial Officer

Christopher Eng

Summit Hotel Properties

EVP, CRO, GC

Paul Ruiz

Summit Hotel Properties

SVP, CAO

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Source: SEC filing on April 1, 2019.