Corporate Office Properties Trust CEO Stephen Budorick's 2020 pay rises 5% to $4.5M
Corporate Office Properties Trust reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Corporate Office Properties Trust reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, four executives at Corporate Office Properties Trust received on average a compensation package of $2.2M, a 18% decrease compared to previous year.
Average pay of disclosed executives at Corporate Office Properties Trust
Stephen E. Budorick, Chief Executive Officer, received $4.5M in total, which increased by 5% compared to 2019. 60% of Budorick's compensation, or $2.7M, was in stock awards. Budorick also received $1M in non-equity incentive plan, $752K in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $108,053 at Corporate Office Properties Trust. Therefore, the ratio of Stephen E. Budorick's pay to the median employee pay was 42 to one.
Anthony Mifsud, Chief Financial Officer, received a compensation package of $2M, which increased by 7% compared to previous year. 47% of the compensation package, or $925K, was in stock awards.
Paul R. Adkins, Chief Operating Officer, earned $1.6M in 2020, a 13% decrease compared to previous year.
Todd Hartman, Chief Operating Officer, received $651K in 2020.
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Source: SEC filing on April 1, 2021.