Apartment Investment & Management CEO Terry Considine's 2019 pay rises 8% to $7.3M

Apartment Investment & Management reports 2019 executive compensation

By ExecPay News

Published: March 11, 2020

Apartment Investment & Management reported fiscal year 2019 executive compensation information on March 11, 2020.

In 2019, seven executives at Apartment Investment & Management received on average a compensation package of $2.5M, a 4% decrease compared to previous year.

Average pay of disclosed executives at Apartment Investment & Management

Terry Considine, Chief Executive Officer, received $7.3M in total, which increased by 8% compared to 2018. 59% of Considine's compensation, or $4.3M, was in stock awards. Considine also received $2.3M in non-equity incentive plan, $700K in salary, as well as $4K in other compensation.

For fiscal year 2019, the median employee pay was $77,292 at Apartment Investment & Management. Therefore, the ratio of Terry Considine's pay to the median employee pay was 95 to one.

Lisa R. Cohn, General Counsel, received a compensation package of $2.4M, which increased by 9% compared to previous year. 52% of the compensation package, or $1.2M, was in stock awards.

Keith Kimmel, Executive Vice President of Property Operations, earned $1.9M in 2019, a 14% increase compared to previous year.

Keith M. Kimmel, Former Executive Vice President of Property Operations, received $1.9M in 2019, which increases by 14% compared to 2018.

John Bezzant, Chief Investment Officer, earned $1.7M in 2019, a 27% decrease compared to previous year.

Paul Beldin, Chief Financial Officer, received $1.2M in 2019, which decreases by 34% compared to 2018.

Paul L. Beldin, Chief Financial Officer, earned $1.2M in 2019, a 34% decrease compared to previous year.