TRI Pointe Group CEO Douglas Bauer's 2021 pay rises 9% to $7.5M
TRI Pointe Group reports 2021 executive compensation
By ExecPay News
Published: March 11, 2022
TRI Pointe Group reported fiscal year 2021 executive compensation information on March 11, 2022.
In 2021, four executives at TRI Pointe Group received on average a compensation package of $4.8M, a 15% increase compared to previous year.
Douglas F. Bauer, Chief Executive Officer, received $7.5M in total, which increased by 9% compared to 2020. 44% of Bauer's compensation, or $3.3M, was in stock awards. Bauer also received $3.2M in non-equity incentive plan, $920K in salary, as well as $32K in other compensation.
For fiscal year 2021, the median employee pay was $123,121 at TRI Pointe Group. Therefore, the ratio of Douglas F. Bauer's pay to the median employee pay was 61 to one.
Thomas J. Mitchell, Chief Operating Officer, received a compensation package of $7.3M, which increased by 12% compared to previous year. 45% of the compensation package, or $3.3M, was in stock awards.
Glenn J. Keeler, Chief Financial Officer, earned $2.6M in 2021, a 37% increase compared to previous year.
David C. Lee, General Counsel, received $1.6M in 2021, which increases by 33% compared to 2020.