Apple Hospitality REIT CEO Justin Knight's 2021 pay jumps 56% to $6.1M
Apple Hospitality REIT reports 2021 executive compensation
By ExecPay News
Published: March 31, 2022
Apple Hospitality REIT reported fiscal year 2021 executive compensation information on March 31, 2022.
In 2021, five executives at Apple Hospitality REIT received on average a compensation package of $3M, a 61% increase compared to previous year.
Average pay of disclosed executives at Apple Hospitality REIT
Justin G. Knight, Chief Executive Officer, received $6.1M in total, which increased by 56% compared to 2020. 60% of Knight's compensation, or $3.6M, was in stock awards. Knight also received $1.9M in non-equity incentive plan, $558K in salary, as well as $44K in other compensation.
For fiscal year 2021, the median employee pay was $154,780 at Apple Hospitality REIT. Therefore, the ratio of Justin G. Knight's pay to the median employee pay was 39 to one.
Nelson G. Knight, President, Real Estate and Investments, received a compensation package of $2.6M, which increased by 64% compared to previous year. 54% of the compensation package, or $1.4M, was in stock awards.
Elizabeth S. Perkins, Chief Financial Officer, earned $2.3M in 2021, a 57% increase compared to previous year.
Karen C. Gallagher, Chief Operating Officer, received $2.3M in 2021, which increases by 57% compared to 2020.
Rachel S. Labrecque, Chief Accounting Officer, earned $1.7M in 2021.
Related executives
Justin Knight
Apple Hospitality REIT
Chief Executive Officer
Elizabeth Perkins
Apple Hospitality REIT
Chief Financial Officer
Karen Gallagher
Apple Hospitality REIT
Chief Operating Officer
Nelson Knight
Apple Hospitality REIT
President, Real Estate and Investments
Rachel Labrecque
Apple Hospitality REIT
Chief Accounting Officer
You may also like
Source: SEC filing on March 31, 2022.