UDR CEO Thomas Toomey's 2019 pay stays at $6.3M
UDR reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
UDR reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, five UDR executives received on average a compensation package of $3.9M, a 17% increase compared to previous year.
Average pay of disclosed executives at UDR
Thomas W. Toomey, Chief Executive Officer, received $6.3M in total, which is about the same as previous year. 87% of Toomey's compensation, or $5.5M, was in stock awards. Toomey also received $800K in salary and $35K in other compensation.
For fiscal year 2019, the median employee pay was $66,909 at UDR. Therefore, the ratio of Thomas W. Toomey's pay to the median employee pay was 94 to one.
Jerry A. Davis, Chief Operating Officer, received a compensation package of $3.7M, which increased by 32% compared to previous year. 70% of the compensation package, or $2.6M, was in stock awards.
Warren L. Troupe, Senior Executive Vice President, earned $3.7M in 2019, a 29% increase compared to previous year.
Harry G. Alcock, Chief Investment Officer, received $3.3M in 2019, which increases by 19% compared to 2018.
Joseph D. Fisher, Chief Financial Officer, earned $2.5M in 2019, a 32% increase compared to previous year.
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Source: SEC filing on April 2, 2020.