Boston Properties CEO Mortimer Zuckerman's 2010 pay stays at $8.1M
Boston Properties reports 2010 executive compensation
By ExecPay News
Published: March 31, 2011
Boston Properties reported fiscal year 2010 executive compensation information on March 31, 2011.
In 2010, six executives at Boston Properties received on average a compensation package of $3.4M, a 25% decrease compared to previous year.
Mortimer B. Zuckerman, Chief Executive Officer, received $8.1M in total, which is about the same as previous year. 54% of Zuckerman's compensation, or $4.4M, was in stock awards. Zuckerman also received $2.6M in bonus, $950K in salary, as well as $222K in other compensation.
Raymond A. Ritchey, Executive Vice President, Head of the Washington, D.C. Office and National Director of Acquisitionsand Development, received a compensation package of $4M, which increased by 1% compared to previous year. 52% of the compensation package, or $2.1M, was in stock awards.
Douglas T. Linde, President, earned $3.8M in 2010, a 1% increase compared to previous year.
E. Mitchell Norville, Chief Operating Officer, received $3.1M in 2010.
Michael E. LaBelle, Chief Financial Officer, earned $1.3M in 2010, a 27% increase compared to previous year.
Edward H. Linde, Chief Executive Officer, received $44K in 2010, which decreases by 99% compared to 2009.
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