Agree Realty CEO Joel Agree's 2019 pay rises 11% to $5.4M
Agree Realty reports 2019 executive compensation
By ExecPay News
Published: March 23, 2020
Agree Realty reported fiscal year 2019 executive compensation information on March 23, 2020.
In 2019, five executives at Agree Realty received on average a compensation package of $1.6M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Agree Realty
Joel Agree, Chief Executive Officer, received $5.4M in total, which increased by 11% compared to 2018. 65% of Agree's compensation, or $3.5M, was in stock awards. Agree also received $1.2M in non-equity incentive plan, $665K in salary, as well as $46K in other compensation.
Laith Hermiz, Chief Operating Officer, received a compensation package of $810K, which decreased by 6% compared to previous year. 39% of the compensation package, or $312K, was in salary.
Clayton Thelen, Chief Financial Officer, earned $795K in 2019, a 23% increase compared to previous year.
Danielle Spehar, General Counsel, received $586K in 2019.
Richard Agree, Chairman, earned $471K in 2019, which is about the same as previous year.
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Source: SEC filing on March 23, 2020.