W. P. Carey CEO Jason Fox's 2020 pay rises 7% to $7.4M
W. P. Carey reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
W. P. Carey reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, five executives at W. P. Carey received on average a compensation package of $3.6M, a 3% increase compared to previous year.
Average pay of disclosed executives at W. P. Carey
Jason E. Fox, Chief Executive Officer, received $7.4M in total, which increased by 7% compared to 2019. 70% of Fox's compensation, or $5.2M, was in stock awards. Fox also received $1.4M in non-equity incentive plan, $800K in salary, as well as $29K in other compensation.
For fiscal year 2020, the median employee pay was $153,445 at W. P. Carey. Therefore, the ratio of Jason E. Fox's pay to the median employee pay was 48 to one.
John J. Park, President, received a compensation package of $3.2M, which decreased by 10% compared to previous year. 53% of the compensation package, or $1.7M, was in stock awards.
ToniAnn Sanzone, Chief Financial Officer, earned $2.7M in 2020, a 17% increase compared to previous year.
Gino M. Sabatini, Head of Investments, received $2.6M in 2020, which decreases by 11% compared to 2019.
Brooks G. Gordon, Head of Asset Management, earned $2M in 2020, a 18% increase compared to previous year.
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Source: SEC filing on March 31, 2021.