Corporate Office Properties Trust CEO Stephen Budorick's 2019 pay jumps 22% to $4.3M
Corporate Office Properties Trust reports 2019 executive compensation
By ExecPay News
Published: April 1, 2020
Corporate Office Properties Trust reported fiscal year 2019 executive compensation information on April 1, 2020.
In 2019, three executives at Corporate Office Properties Trust received on average a compensation package of $2.7M, a 20% increase compared to previous year.
Average pay of disclosed executives at Corporate Office Properties Trust
Stephen E. Budorick, Chief Executive Officer, received $4.3M in total, which increased by 22% compared to 2018. 54% of Budorick's compensation, or $2.3M, was in stock awards. Budorick also received $1.3M in non-equity incentive plan, $698K in salary, as well as $11K in other compensation.
For fiscal year 2019, the median employee pay was $104,974 at Corporate Office Properties Trust. Therefore, the ratio of Stephen E. Budorick's pay to the median employee pay was 41 to one.
Anthony Mifsud, Chief Financial Officer, received a compensation package of $1.8M, which increased by 23% compared to previous year. 40% of the compensation package, or $744K, was in stock awards.
Paul R. Adkins, Chief Operating Officer, earned $1.8M in 2019, a 11% increase compared to previous year.
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Source: SEC filing on April 1, 2020.