Steven P. Grimes
2019
In 2019, Steven P. Grimes earned a total compensation of $5.8M as Chief Executive Officer at Retail Properties of America, a 8% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,823,000 |
|---|---|
| Salary | $850,000 |
| Stock Awards | $3,075,007 |
| Other | $15,965 |
| Total | $5,763,972 |
Grimes received $3.1M in stock awards, accounting for 53% of the total pay in 2019.
Grimes also received $1.8M in non-equity incentive plan, $850K in salary and $16K in other compensation.
Rankings
In 2019, Steven P. Grimes' compensation ranked 1,817th out of 13,971 executives tracked by ExecPay. In other words, Grimes earned more than 87.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,817 out of 13,971 | 87th |
Division Finance, Insurance, And Real Estate | 351 out of 2,894 | 88th |
Major group Holding And Other Investment Offices | 95 out of 741 | 87th |
Industry group Miscellaneous Investing | 95 out of 741 | 87th |
Industry Real Estate Investment Trusts | 93 out of 718 | 87th |
Pay ratio
| Steven P. Grimes' Pay | $5,763,972 |
|---|---|
| Median Employee's Pay | $101,995 |
| Pay Ratio | 57to 1 |
In 2019, the annual total compensation of Steven P. Grimes was $5,763,972.
The annual total compensation of the median employee at Retail Properties of America was $101,995.
The ratio of Steven P. Grimes' pay to the pay of median employee was therefore 57 to one.
Source: SEC filing on April 3, 2020.
Grimes' colleagues
We found two more compensation records of executives who worked with Steven P. Grimes at Retail Properties of America in 2019.