Tanger Factory Outlet Centers CEO Steven Tanger's 2019 pay slips 6% to $6.6M
Tanger Factory Outlet Centers reports 2019 executive compensation
By ExecPay News
Published: April 3, 2020
Tanger Factory Outlet Centers reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, five executives at Tanger Factory Outlet Centers received on average a compensation package of $3M, a 6% increase compared to previous year.
Average pay of disclosed executives at Tanger Factory Outlet Centers
Steven B. Tanger, Chief Executive Officer, received $6.6M in total, which decreased by 6% compared to 2018. 56% of Tanger's compensation, or $3.7M, was in stock awards. Tanger also received $1.5M in non-equity incentive plan, $850K in salary, as well as $558K in other compensation.
For fiscal year 2019, the median employee pay was $12,954 at Tanger Factory Outlet Centers. Therefore, the ratio of Steven B. Tanger's pay to the median employee pay was 507 to one.
Thomas E. McDonough, Chief Operating Officer, received a compensation package of $3.8M, which increased by 19% compared to previous year. 58% of the compensation package, or $2.2M, was in stock awards.
Chad D. Perry, General Counsel, earned $2.1M in 2019, a 12% increase compared to previous year.
James F. Williams, Chief Financial Officer, received $1.7M in 2019, which increases by 30% compared to 2018.
Lisa J. Morrison, Executive Vice President, Leasing, earned $990K in 2019, a 1% increase compared to previous year.
Related executives
Steven Tanger
Tanger Factory Outlet Centers
Executive Chair
James Williams
Tanger Factory Outlet Centers
Chief Financial Officer
Thomas McDonough
Tanger Factory Outlet Centers
Chief Operating Officer
Chad Perry
Tanger Factory Outlet Centers
General Counsel
Lisa Morrison
Tanger Factory Outlet Centers
Executive Vice President, Leasing
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Source: SEC filing on April 3, 2020.