Weingarten Realty Investors CEO Andrew Alexander's 2018 pay slips 9% to $4.8M

Weingarten Realty Investors reports 2018 executive compensation

Published: March 13, 2019

Weingarten Realty Investors reported fiscal year 2018 executive compensation information on March 13, 2019.

In 2018, four executives at Weingarten Realty Investors received on average a compensation package of $2.4M, a 7% decrease compared to previous year.

Average pay of disclosed executives at Weingarten Realty Investors

Andrew M Alexander, Chief Executive Officer, received $4.8M in total, which decreased by 9% compared to 2017. 45.00% of Alexander's compensation, or $2.1M, was in stock awards. Alexander also received $1M of change in pension value and nonqualified deferred compensation earnings, $875K in non-equity incentive plan, $700K in salary, as well as $26.5K in other compensation.

For fiscal year 2018, the median employee pay was $88,305 at Weingarten Realty Investors. Therefore, the ratio of Andrew M Alexander's pay to the median employee pay was 54 to one.

Stephen C Richter, Chief Financial Officer, received a compensation package of $2.4M, which decreased by 6% compared to previous year. 43.77% of the compensation package, or $1M, was in stock awards.

Emeritus Johnny L Hendrix, Chief Operating Officer, earned $2.3M in 2018, a 6% decrease compared to previous year.

Stanford Alexander, Chairman, received $290.4K in 2018, which decreases by 29% compared to 2017.