CoreSite Realty CEO Paul Szurek's 2019 pay slips 6% to $5.4M
CoreSite Realty reports 2019 executive compensation
By ExecPay News
Published: March 26, 2020
CoreSite Realty reported fiscal year 2019 executive compensation information on March 26, 2020.
In 2019, five executives at CoreSite Realty received on average a compensation package of $2.3M, a 2% decrease compared to previous year.
Average pay of disclosed executives at CoreSite Realty
Paul E. Szurek, Chief Executive Officer, received $5.4M in total, which decreased by 6% compared to 2018. 79% of Szurek's compensation, or $4.3M, was in stock awards. Szurek also received $460K in non-equity incentive plan, $650K in salary, as well as $18K in other compensation.
For fiscal year 2019, the median employee pay was $84,096 at CoreSite Realty. Therefore, the ratio of Paul E. Szurek's pay to the median employee pay was 64 to one.
Steven J. Smith, Chief Revenue Officer, received a compensation package of $1.9M, which increased by 8% compared to previous year. 64% of the compensation package, or $1.2M, was in stock awards.
Jeffrey S. Finnin, Chief Financial Officer, earned $1.7M in 2019, a 3% decrease compared to previous year.
Derek S. McCandless, General Counsel, received $1.2M in 2019, which decreases by 5% compared to 2018.
Brian P. Warren, Senior Vice President, Development and Product Engineering, earned $1.1M in 2019, a 9% increase compared to previous year.
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Source: SEC filing on March 26, 2020.