Apple Hospitality REIT CEO Justin Knight's 2018 pay slips 15% to $3.1M
Apple Hospitality REIT reports 2018 executive compensation
By ExecPay News
Published: April 3, 2019
Apple Hospitality REIT reported fiscal year 2018 executive compensation information on April 3, 2019.
In 2018, six executives at Apple Hospitality REIT received on average a compensation package of $1.7M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Apple Hospitality REIT
Justin G. Knight, Chief Executive Officer, received $3.1M in total, which decreased by 15% compared to 2017. 62% of Knight's compensation, or $1.9M, was in stock awards. Knight also received $538K in non-equity incentive plan, $525K in salary, as well as $97K in other compensation.
For fiscal year 2018, the median employee pay was $145,741 at Apple Hospitality REIT. Therefore, the ratio of Justin G. Knight's pay to the median employee pay was 21 to one.
Bryan F. Peery, Chief Financial Officer, received a compensation package of $1.7M, which decreased by 12% compared to previous year. 53% of the compensation package, or $908K, was in stock awards.
Kristian M. Gathright, Chief Operating Officer, earned $1.7M in 2018, a 12% decrease compared to previous year.
David P. Buckley, Chief Legal Officer, received $1.6M in 2018, which decreases by 12% compared to 2017.
Nelson G. Knight, Chief Investment Officer, earned $1.2M in 2018, a 12% decrease compared to previous year.
Glade M. Knight, Chairman, received $891K in 2018, which decreases by 9% compared to 2017.
Related executives
Glade Knight
Apple Hospitality REIT
Chairman
Justin Knight
Apple Hospitality REIT
Chief Executive Officer
Bryan Peery
Apple Hospitality REIT
Chief Financial Officer
Kristian Gathright
Apple Hospitality REIT
Chief Operating Officer
David Buckley
Apple Hospitality REIT
Chief Legal Officer
Nelson Knight
Apple Hospitality REIT
President, Real Estate and Investments
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Source: SEC filing on April 3, 2019.