Paul Smithers
2019
In 2019, Paul Smithers earned a total compensation of $1.4M as President and Chief Executive Officer at INNOVATIVE INDUSTRIAL PROPERTIES, a 31% increase compared to previous year.
Compensation breakdown
| Bonus | $400,000 |
|---|---|
| Salary | $400,000 |
| Stock Awards | $600,157 |
| Other | $8,400 |
| Total | $1,408,557 |
Smithers received $600.2K in stock awards, accounting for 43% of the total pay in 2019.
Smithers also received $400K in bonus, $400K in salary and $8.4K in other compensation.
Rankings
In 2019, Paul Smithers' compensation ranked 7,631st out of 13,971 executives tracked by ExecPay. In other words, Smithers earned more than 45.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 7,631 out of 13,971 | 45th |
Division Finance, Insurance, And Real Estate | 1,425 out of 2,894 | 51st |
Major group Real Estate | 66 out of 160 | 59th |
Pay ratio
| Paul Smithers' Pay | $1,408,557 |
|---|---|
| Median Employee's Pay | $305,018 |
| Pay Ratio | 5to 1 |
In 2019, the annual total compensation of Paul Smithers was $1,408,557.
The annual total compensation of the median employee at INNOVATIVE INDUSTRIAL PROPERTIES was $305,018.
The ratio of Paul Smithers' pay to the pay of median employee was therefore 5 to one.
Source: SEC filing on April 17, 2020.
Smithers' colleagues
We found three more compensation records of executives who worked with Paul Smithers at INNOVATIVE INDUSTRIAL PROPERTIES in 2019.