Michael E. LaBelle
2021
In 2021, Michael E. LaBelle earned a total compensation of $4.3M as Executive Vice President, Chief Financial Officer and Treasurer at Boston Properties, a 29% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,618,750 |
|---|---|
| Salary | $510,000 |
| Stock Awards | $2,139,966 |
| Other | $26,310 |
| Total | $4,295,026 |
LaBelle received $2.1M in stock awards, accounting for 50% of the total pay in 2021.
LaBelle also received $1.6M in non-equity incentive plan, $510K in salary and $26.3K in other compensation.
Rankings
In 2021, Michael E. LaBelle's compensation ranked 3,095th out of 12,415 executives tracked by ExecPay. In other words, LaBelle earned more than 75.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,095 out of 12,415 | 75th |
Division Finance, Insurance, And Real Estate | 471 out of 2,276 | 79th |
Major group Holding And Other Investment Offices | 128 out of 542 | 76th |
Industry group Miscellaneous Investing | 128 out of 542 | 76th |
Industry Real Estate Investment Trusts | 127 out of 519 | 76th |
Pay ratio
| Michael E. LaBelle's Pay | $4,295,026 |
|---|---|
| Median Employee's Pay | $123,647 |
| Pay Ratio | 35to 1 |
In 2021, the annual total compensation of Michael E. LaBelle was $4,295,026.
The annual total compensation of the median employee at Boston Properties was $123,647.
The ratio of Michael E. LaBelle's pay to the pay of median employee was therefore 35 to one.
Source: SEC filing on April 5, 2022.
LaBelle's colleagues
We found four more compensation records of executives who worked with Michael E. LaBelle at Boston Properties in 2021.