Weingarten Realty Investors Chairman Martin Debrovner's 2006 pay jumps 55% to $2.4M

Weingarten Realty Investors reports 2006 executive compensation

By ExecPay News

Published: March 23, 2007

Weingarten Realty Investors reported fiscal year 2006 executive compensation information on March 23, 2007.
In 2006, five executives at Weingarten Realty Investors received on average a compensation package of $1.7M, a 39% increase compared to previous year.
Average pay of disclosed executives at Weingarten Realty Investors
Martin Debrovner, Chairman, received $2.4M in total, which increased by 55% compared to 2005. 35% of Debrovner's compensation, or $838K, was of change in pension value and nonqualified deferred compensation earnings. Debrovner also received $263K in non-equity incentive plan, $408K in option awards, $500K in salary, $381K in stock awards, as well as $21K in other compensation.
Andrew M Alexander, Chief Executive Officer, received a compensation package of $2.4M, which increased by 17% compared to previous year. 29% of the compensation package, or $675K, was in salary.
Stanford Alexander, Chairman, earned $2.3M in 2006, a 76% increase compared to previous year.
Stephen C Richter, Chief Financial Officer, received $857K in 2006, which increases by 16% compared to 2005.
Johnny L Hendrix, Executive Vice President/Asset Management, earned $746K in 2006, a 16% increase compared to previous year.

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Andrew Alexander

Weingarten Realty Investors

Chief Executive Officer

Stanford Alexander

Weingarten Realty Investors

Chairman

Martin Debrovner

Weingarten Realty Investors

Chairman

Johnny Hendrix

Weingarten Realty Investors

Chief Operating Officer

Stephen Richter

Weingarten Realty Investors

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Source: SEC filing on March 23, 2007.