Apple Hospitality REIT CEO Justin Knight's 2020 pay slips 15% to $3.9M
Apple Hospitality REIT reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
Apple Hospitality REIT reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, seven executives at Apple Hospitality REIT received on average a compensation package of $1.8M, a 26% decrease compared to previous year.
Justin G. Knight, Chief Executive Officer, received $3.9M in total, which decreased by 15% compared to 2019. 85% of Knight's compensation, or $3.3M, was in stock awards. Knight also received $494K in salary and $90K in other compensation.
For fiscal year 2020, the median employee pay was $156,862 at Apple Hospitality REIT. Therefore, the ratio of Justin G. Knight's pay to the median employee pay was 25 to one.
Bryan F. Peery, Chief Financial Officer, received a compensation package of $1.8M, which decreased by 26% compared to previous year. 72% of the compensation package, or $1.3M, was in other compensation.
Nelson G. Knight, President, Real Estate and Investments, earned $1.6M in 2020, a 5% decrease compared to previous year.
Kristian M. Gathright, Chief Operating Officer, received $1.5M in 2020, which decreases by 38% compared to 2019.
Elizabeth S. Perkins, Chief Financial Officer, earned $1.4M in 2020.
Karen C. Gallagher, Chief Operating Officer, received $1.4M in 2020.
Matthew P. Rash, Chief Legal Officer, earned $1.4M in 2020.
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