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.
Average pay of disclosed executives at Acadia Realty Trust
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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Michael Nelsen

Acadia Realty Trust

Senior Vice President, Accounting and Financial Principal

Kenneth Bernstein

Acadia Realty Trust

Chief Executive Officer

Jonathan Grisham

Acadia Realty Trust

Chief Financial Officer

Joel Braun

Acadia Realty Trust

Chief Investment Officer

Christopher Conlon

Acadia Realty Trust

Chief Operating Officer

Robert Masters

Acadia Realty Trust

Secretary

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Source: SEC filing on April 5, 2012.