Boston Properties CEO Owen Thomas' 2019 pay rises 2% to $12M
Boston Properties reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
Boston Properties reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, five executives at Boston Properties received on average a compensation package of $6.7M, a 2% decrease 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 2% compared to 2018. 71% of Thomas' compensation, or $8.5M, was in stock awards. Thomas also received $2.6M in bonus, $898K in salary, as well as $17K in other compensation.
For fiscal year 2019, the median employee pay was $115,266 at Boston Properties. Therefore, the ratio of Owen D. Thomas' pay to the median employee pay was 103 to one.
Douglas T. Linde, President, received a compensation package of $8.1M, which is about the same as previous year. 64% of the compensation package, or $5.2M, was in stock awards.
Raymond A. Ritchey, Senior Executive Vice President, earned $6.6M in 2019, a 7% decrease compared to previous year.
Michael E. LaBelle, Chief Financial Officer, received $3.7M in 2019, which decreases by 5% compared to 2018.
Bryan J. Koop, Executive Vice President, Boston Region, earned $3M in 2019, a 6% decrease compared to previous year.
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Source: SEC filing on April 2, 2020.