Welltower CEO Thomas DeRosa's 2020 pay rises 11% to $15M
Welltower reports 2020 executive compensation
By ExecPay News
Published: April 16, 2021
Welltower reported fiscal year 2020 executive compensation information on April 16, 2021.
In 2020, five Welltower executives received on average a compensation package of $6.4M, a 29% increase compared to previous year.
Average pay of disclosed executives at Welltower
Thomas J. DeRosa, Chief Executive Officer, received $15M in total, which increased by 11% compared to 2019. 72% of DeRosa's compensation, or $11M, was in stock awards. DeRosa also received $1.9M in non-equity incentive plan, $952K in salary, as well as $1.2M in other compensation.
For fiscal year 2020, the median employee pay was $92,504 at Welltower. Therefore, the ratio of Thomas J. DeRosa's pay to the median employee pay was 158 to one.
Shankh Mitra, Chief Executive Officer, received a compensation package of $9.6M, which increased by 67% compared to previous year. 68% of the compensation package, or $6.5M, was in stock awards.
Timothy G. McHugh, Chief Financial Officer, earned $4.3M in 2020, a 24% increase compared to previous year.
Matthew G. McQueen, General Counsel, received $1.9M in 2020, which decreases by 3% compared to 2019.
Ayesha Menon, Senior Vice President, Strategic Investments, earned $1.6M in 2020.
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Source: SEC filing on April 16, 2021.