Boston Properties CEO Owen Thomas' 2018 pay rises 16% to $12M
Boston Properties reports 2018 executive compensation
By ExecPay News
Published: April 4, 2019
Boston Properties reported fiscal year 2018 executive compensation information on April 4, 2019.
In 2018, five executives at Boston Properties received on average a compensation package of $6.8M, a 9% increase compared to previous year.
Average pay of disclosed executives at Boston Properties
Owen D. Thomas, Chief Executive Officer, received $12M in total, which increased by 16% compared to 2017. 68% of Thomas' compensation, or $7.9M, was in stock awards. Thomas also received $2.9M in bonus, $875K in salary, as well as $17K in other compensation.
For fiscal year 2018, the median employee pay was $109,173 at Boston Properties. Therefore, the ratio of Owen D. Thomas' pay to the median employee pay was 107 to one.
Douglas T. Linde, President, received a compensation package of $8.1M, which increased by 8% compared to previous year. 64% of the compensation package, or $5.2M, was in stock awards.
Raymond A. Ritchey, Senior Executive Vice President, earned $7.1M in 2018, a 3% increase compared to previous year.
Michael E. LaBelle, Chief Financial Officer, received $3.9M in 2018, which is about the same as previous year.
Bryan J. Koop, Executive Vice President, Boston Region, earned $3.2M in 2018, a 7% increase compared to previous year.
Related executives
You may also like
Source: SEC filing on April 4, 2019.