Boston Properties CEO Mortimer Zuckerman's 2009 pay falls 31% to $8.1M
Boston Properties reports 2009 executive compensation
By ExecPay News
Published: March 31, 2010
Boston Properties reported fiscal year 2009 executive compensation information on March 31, 2010.
In 2009, five executives at Boston Properties received on average a compensation package of $4.5M, a 34% decrease compared to previous year.
Average pay of disclosed executives at Boston Properties
Mortimer B. Zuckerman, Chief Executive Officer, received $8.1M in total, which decreased by 31% compared to 2008. 61% of Zuckerman's compensation, or $4.9M, was in stock awards. Zuckerman also received $2M in bonus, $987K in salary, as well as $187K in other compensation.
Edward H. Linde, Chief Executive Officer, received a compensation package of $5.8M, which decreased by 34% compared to previous year. 52% of the compensation package, or $3M, was in stock awards.
Raymond A. Ritchey, Executive Vice President, Head of the Washington, D.C. Office and National Director of Acquisitionsand Development, earned $3.9M in 2009, a 39% decrease compared to previous year.
Douglas T. Linde, President, received $3.8M in 2009, which decreases by 41% compared to 2008.
Michael E. LaBelle, Chief Financial Officer, earned $1M in 2009, a 13% decrease compared to previous year.
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Source: SEC filing on March 31, 2010.