Corporate Office Properties Trust CEO Stephen Budorick's 2018 pay jumps 23% to $3.5M
Corporate Office Properties Trust reports 2018 executive compensation
By ExecPay News
Published: March 27, 2019
Corporate Office Properties Trust reported fiscal year 2018 executive compensation information on March 27, 2019.
In 2018, three executives at Corporate Office Properties Trust received on average a compensation package of $2.2M, a 20% increase compared to previous year.
Average pay of disclosed executives at Corporate Office Properties Trust
Stephen E. Budorick, Chief Executive Officer, received $3.5M in total, which increased by 23% compared to 2017. 53% of Budorick's compensation, or $1.9M, was in stock awards. Budorick also received $1M in non-equity incentive plan, $641K in salary, as well as $11K in other compensation.
For fiscal year 2018, the median employee pay was $104,044 at Corporate Office Properties Trust. Therefore, the ratio of Stephen E. Budorick's pay to the median employee pay was 34 to one.
Paul R. Adkins, Chief Operating Officer, received a compensation package of $1.6M, which increased by 18% compared to previous year. 38% of the compensation package, or $632K, was in stock awards.
Anthony Mifsud, Chief Financial Officer, earned $1.5M in 2018, a 15% increase compared to previous year.
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Source: SEC filing on March 27, 2019.