TRI Pointe Group CEO Douglas Bauer's 2019 pay rises 3% to $5.4M
TRI Pointe Group reports 2019 executive compensation
By ExecPay News
Published: March 13, 2020
TRI Pointe Group reported fiscal year 2019 executive compensation information on March 13, 2020.
In 2019, five executives at TRI Pointe Group received on average a compensation package of $3.3M, a 12% increase compared to previous year.
Douglas F. Bauer, Chief Executive Officer, received $5.4M in total, which increased by 3% compared to 2018. 51% of Bauer's compensation, or $2.7M, was in stock awards. Bauer also received $1.8M in non-equity incentive plan, $800K in salary, as well as $34K in other compensation.
For fiscal year 2019, the median employee pay was $123,320 at TRI Pointe Group. Therefore, the ratio of Douglas F. Bauer's pay to the median employee pay was 44 to one.
Thomas J. Mitchell, Chief Operating Officer, received a compensation package of $5.2M, which increased by 3% compared to previous year. 51% of the compensation package, or $2.6M, was in stock awards.
Michael D. Grubbs, Chief Financial Officer, earned $4M in 2019, a 40% increase compared to previous year.
Glenn J. Keeler, Chief Financial Officer, received $956K in 2019, which increases by 18% compared to 2018.
David C. Lee, General Counsel, earned $873K in 2019, a 19% increase compared to previous year.