CoreSite Realty CEO Paul Szurek's 2020 pay rises 9% to $5.9M
CoreSite Realty reports 2020 executive compensation
By ExecPay News
Published: March 26, 2021
CoreSite Realty reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, five executives at CoreSite Realty received on average a compensation package of $2.5M, a 12% increase compared to previous year.
Average pay of disclosed executives at CoreSite Realty
Paul E. Szurek, Chief Executive Officer, received $5.9M in total, which increased by 9% compared to 2019. 74% of Szurek's compensation, or $4.3M, was in stock awards. Szurek also received $830K in non-equity incentive plan, $675K in salary, as well as $21K in other compensation.
For fiscal year 2020, the median employee pay was $108,543 at CoreSite Realty. Therefore, the ratio of Paul E. Szurek's pay to the median employee pay was 54 to one.
Steven J. Smith, Chief Revenue Officer, received a compensation package of $2.2M, which increased by 14% compared to previous year. 58% of the compensation package, or $1.3M, was in stock awards.
Jeffrey S. Finnin, Chief Financial Officer, earned $1.9M in 2020, a 12% increase compared to previous year.
Derek S. McCandless, General Counsel, received $1.4M in 2020, which increases by 19% compared to 2019.
Brian P. Warren, Senior Vice President, Development and Product Engineering, earned $1.3M in 2020, a 14% increase compared to previous year.
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Source: SEC filing on March 26, 2021.