Corporate Office Properties Trust CEO Stephen Budorick's 2021 pay jumps 21% to $5.5M
Corporate Office Properties Trust reports 2021 executive compensation
By ExecPay News
Published: March 31, 2022
Corporate Office Properties Trust reported fiscal year 2021 executive compensation information on March 31, 2022.
In 2021, three executives at Corporate Office Properties Trust received on average a compensation package of $3.3M, a 52% increase compared to previous year.
Average pay of disclosed executives at Corporate Office Properties Trust
Stephen E. Budorick, Chief Executive Officer, received $5.5M in total, which increased by 21% compared to 2020. 60% of Budorick's compensation, or $3.3M, was in stock awards. Budorick also received $1.5M in non-equity incentive plan, $750K in salary, as well as $12K in other compensation.
For fiscal year 2021, the median employee pay was $109,360 at Corporate Office Properties Trust. Therefore, the ratio of Stephen E. Budorick's pay to the median employee pay was 50 to one.
Anthony Mifsud, Chief Financial Officer, received a compensation package of $2.3M, which increased by 16% compared to previous year. 46% of the compensation package, or $1M, was in stock awards.
Todd Hartman, Chief Operating Officer, earned $2.2M in 2021, a 236% increase compared to previous year.
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Source: SEC filing on March 31, 2022.