Corporate Office Properties Trust CEO Randall Griffin's 2008 pay jumps 24% to $3.9M

Corporate Office Properties Trust reports 2008 executive compensation

By ExecPay News

Published: March 31, 2009

Corporate Office Properties Trust reported fiscal year 2008 executive compensation information on March 31, 2009.

In 2008, five executives at Corporate Office Properties Trust received on average a compensation package of $2.3M, a 49% increase compared to previous year.

Average pay of disclosed executives at Corporate Office Properties Trust

Randall M. Griffin, Chief Executive Officer, received $3.9M in total, which increased by 24% compared to 2007. 50% of Griffin's compensation, or $1.9M, was in stock awards. Griffin also received $1.3M in non-equity incentive plan, $600K in salary, as well as $19K in other compensation.

Stephen E. Riffee, Chief Financial Officer, received a compensation package of $2.4M, which increased by 162% compared to previous year. 63% of the compensation package, or $1.5M, was in stock awards.

Dwight S. Taylor, President of Construction and Development Division, earned $2.1M in 2008, a 109% increase compared to previous year.

Roger A. Waesche, Jr, Chief Operating Officer, received $2M in 2008, which increases by 20% compared to 2007.

Karen M. Singer, General Counsel, earned $1M in 2008, a 9% increase compared to previous year.