Apartment Investment & Management CEO Terry Considine's 2020 pay slips 7% to $6.8M

Apartment Investment & Management reports 2020 executive compensation

By ExecPay News

Published: October 28, 2021

Apartment Investment & Management reported fiscal year 2020 executive compensation information on October 28, 2021.

In 2020, seven executives at Apartment Investment & Management received on average a compensation package of $2.5M, which is about the same as previous year.

Average pay of disclosed executives at Apartment Investment & Management

Terry Considine, Chief Executive Officer, received $6.8M in total, which decreased by 7% compared to 2019. 63% of Considine's compensation, or $4.3M, was in stock awards. Considine also received $1.8M in non-equity incentive plan, $700K in salary, as well as $2.9K in other compensation.

For fiscal year 2020, the median employee pay was $147,359 at Apartment Investment & Management. Therefore, the ratio of Terry Considine's pay to the median employee pay was 46 to one.

Lisa R. Cohn, General Counsel, received a compensation package of $2.8M, which increased by 18% compared to previous year. 34% of the compensation package, or $955K, was in stock awards.

Keith M. Kimmel, Former Executive Vice President of Property Operations, earned $1.8M in 2020, a 1% decrease compared to previous year.

H. Lynn Stanfield, Chief Financial Officer, received $1.8M in 2020.

Wes Powell, Chief Executive Officer, earned $1.8M in 2020.

Paul L. Beldin, Chief Financial Officer, received $1.3M in 2020, which increases by 13% compared to 2019.

Jennifer Johnson, Chief Administrative Officer, earned $1.1M in 2020.