Acadia Realty Trust CEO Kenneth Bernstein's 2011 pay jumps 92% to $4.9M
Acadia Realty Trust reports 2011 executive compensation
By ExecPay News
Published: April 5, 2012
Acadia Realty Trust reported fiscal year 2011 executive compensation information on April 5, 2012.
In 2011, six executives at Acadia Realty Trust received on average a compensation package of $1.6M, a 63% increase compared to previous year.
Kenneth F. Bernstein, Chief Executive Officer, received $4.9M in total, which increased by 92% compared to 2010. 65% of Bernstein's compensation, or $3.2M, was in stock awards. Bernstein also received $1.2M in bonus, $476K in salary, as well as $47K in other compensation.
Christopher Conlon, Chief Operating Officer, received a compensation package of $1.6M, which increased by 171% compared to previous year. 73% of the compensation package, or $1.1M, was in stock awards.
Joel Braun, Chief Investment Officer, earned $1.4M in 2011, a 53% increase compared to previous year.
Robert Masters, General Counsel, received $644K in 2011, which decreases by 36% compared to 2010.
Michael Nelsen, Senior Vice President, Accounting and Financial Principal, earned $639K in 2011, a 35% increase compared to previous year.
Jonathan W. Grisham, Chief Financial Officer, received $549K in 2011, which increases by 23% compared to 2010.
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