Boston Properties CEO Owen Thomas' 2020 pay slips 10% to $11M
Boston Properties reports 2020 executive compensation
By ExecPay News
Published: April 2, 2021
Boston Properties reported fiscal year 2020 executive compensation information on April 2, 2021.
In 2020, five executives at Boston Properties received on average a compensation package of $5.9M, a 12% decrease compared to previous year.
Average pay of disclosed executives at Boston Properties
Owen D. Thomas, Chief Executive Officer, received $11M in total, which decreased by 10% compared to 2019. 81% of Thomas' compensation, or $8.6M, was in stock awards. Thomas also received $1.2M in non-equity incentive plan, $900K in salary, as well as $18K in other compensation.
For fiscal year 2020, the median employee pay was $108,126 at Boston Properties. Therefore, the ratio of Owen D. Thomas' pay to the median employee pay was 99 to one.
Douglas T. Linde, President, received a compensation package of $7.1M, which decreased by 12% compared to previous year. 76% of the compensation package, or $5.4M, was in stock awards.
Raymond A. Ritchey, Senior Executive Vice President, earned $5.9M in 2020, a 10% decrease compared to previous year.
Michael E. LaBelle, Chief Financial Officer, received $3.3M in 2020, which decreases by 11% compared to 2019.
Bryan J. Koop, Executive Vice President, Boston Region, earned $2.4M in 2020, a 22% decrease compared to previous year.
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Source: SEC filing on April 2, 2021.