Sunstone Hotel Investors Chairman Robert Alter's 2007 pay jumps 27% to $3.4M
Sunstone Hotel Investors reports 2007 executive compensation
By ExecPay News
Published: April 7, 2008
Sunstone Hotel Investors reported fiscal year 2007 executive compensation information on April 7, 2008.
In 2007, five executives at Sunstone Hotel Investors received on average a compensation package of $2.7M, a 65% increase compared to previous year.
Average pay of disclosed executives at Sunstone Hotel Investors
Robert A. Alter, Chairman, received $3.4M in total, which increased by 27% compared to 2006. 39% of Alter's compensation, or $1.3M, was in stock awards. Alter also received $258K of change in pension value and nonqualified deferred compensation earnings, $998K in non-equity incentive plan, $551K in salary, as well as $270K in other compensation.
Jon D. Kline, President, received a compensation package of $3.4M, which increased by 120% compared to previous year. 70% of the compensation package, or $2.4M, was in other compensation.
Steven R. Goldman, Chief Executive Officer, earned $3M in 2007.
Gary A. Stougaard, Chief Investment Officer, received $2.5M in 2007, which increases by 86% compared to 2006.
Kenneth E. Cruse, Chief Financial Officer, earned $1M in 2007.
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Source: SEC filing on April 7, 2008.