Alexandria Real Estate Equities Founder Joel Marcus' 2021 pay rises 8% to $13M

Alexandria Real Estate Equities reports 2021 executive compensation

By ExecPay News

Published: April 18, 2022

Alexandria Real Estate Equities reported fiscal year 2021 executive compensation information on April 18, 2022.

In 2021, seven executives at Alexandria Real Estate Equities received on average a compensation package of $8.4M, a 17% increase compared to previous year.

Average pay of disclosed executives at Alexandria Real Estate Equities

Joel S. Marcus, Founder, received $13M in total, which increased by 8% compared to 2020. 40% of Marcus' compensation, or $5.1M, was in stock awards. Marcus also received $2M in bonus, $1.6M of change in pension value and nonqualified deferred compensation earnings, $2.5M in non-equity incentive plan, $1.1M in salary, as well as $436K in other compensation.

Daniel J. Ryan, Chief Investment Officer, received a compensation package of $9.9M, which increased by 27% compared to previous year. 49% of the compensation package, or $4.9M, was in stock awards.

Stephen A. Richardson, Chief Executive Officer, earned $8.3M in 2021, a 3% increase compared to previous year.

Peter M. Moglia, Chief Executive Officer, received $8.3M in 2021, which increases by 3% compared to 2020.

Hunter L. Kass, Executive Vice President Regional Market Director, earned $7.7M in 2021.

Dean A. Shigenaga, Chief Financial Officer, received $7.6M in 2021, which increases by 7% compared to 2020.

John H. Cunningham, Executive Vice President Regional Market Director, earned $4M in 2021, a 8% increase compared to previous year.