David. R. Folsom

2023

In 2023, David. R. Folsom earned a total compensation of $815.1K as President and CEO at Sotherly Hotels, a 11% increase compared to previous year.

Compensation breakdown

Bonus$130,464
Salary$537,595
Stock Awards$70,023
Other$76,987
Total$815,069

Folsom received $537.6K in salary, accounting for 66% of the total pay in 2023.

Folsom also received $130.5K in bonus, $70K in stock awards and $77K in other compensation.

Rankings

In 2023, David. R. Folsom's compensation ranked 1,440th out of 3,006 executives tracked by ExecPay. In other words, Folsom earned more than 52.1% of executives.

ClassificationRankingPercentile
All
1,440
out of 3,006
52nd
Division
Finance, Insurance, And Real Estate
138
out of 429
68th
Major group
Holding And Other Investment Offices
27
out of 58
53rd
Industry group
Miscellaneous Investing
27
out of 58
53rd
Industry
Real Estate Investment Trusts
21
out of 49
57th

Pay ratio

David. R. Folsom's Pay$815,069
Median Employee's Pay$355,547
Pay Ratio

2

to 1

In 2023, the annual total compensation of David. R. Folsom was $815,069.

The annual total compensation of the median employee at Sotherly Hotels was $355,547.

The ratio of David. R. Folsom's pay to the pay of median employee was therefore 2 to one.

Source: SEC filing on March 27, 2024.

Folsom's colleagues

We found two more compensation records of executives who worked with David. R. Folsom at Sotherly Hotels in 2023.

2023

Andrew Sims

Sotherly Hotels

Chairman

2023

Anthony Domalski

Sotherly Hotels

Chief Financial Officer

News

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