Acadia Realty Trust CEO Kenneth Bernstein's 2012 pay falls 35% to $3.2M
Acadia Realty Trust reports 2012 executive compensation
By ExecPay News
Published: April 5, 2013
Acadia Realty Trust reported fiscal year 2012 executive compensation information on April 5, 2013.
In 2012, six executives at Acadia Realty Trust received on average a compensation package of $1.2M, a 25% decrease compared to previous year.
Average pay of disclosed executives at Acadia Realty Trust
Kenneth F. Bernstein, Chief Executive Officer, received $3.2M in total, which decreased by 35% compared to 2011. 42% of Bernstein's compensation, or $1.3M, was in bonus. Bernstein also received $500K in salary, $1.3M in stock awards, as well as $20K in other compensation.
Michael Nelsen, Senior Vice President, Accounting and Financial Principal, received a compensation package of $1.1M, which increased by 66% compared to previous year. 55% of the compensation package, or $581K, was in stock awards.
Joel Braun, Chief Investment Officer, earned $1M in 2012, a 27% decrease compared to previous year.
Robert Masters, Secretary, received $704K in 2012, which increases by 9% compared to 2011.
Jonathan W. Grisham, Chief Financial Officer, earned $684K in 2012, a 25% increase compared to previous year.
Christopher Conlon, Chief Operating Officer, received $619K in 2012, which decreases by 60% compared to 2011.
Related executives
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
You may also like
Source: SEC filing on April 5, 2013.