Essex Property Trust CEO Michael Schall's 2019 pay rises 18% to $6.4M
Essex Property Trust reports 2019 executive compensation
By ExecPay News
Published: April 1, 2020
Essex Property Trust reported fiscal year 2019 executive compensation information on April 1, 2020.
In 2019, five executives at Essex Property Trust received on average a compensation package of $3.7M, a 18% increase compared to previous year.
Average pay of disclosed executives at Essex Property Trust
Michael J. Schall, Chief Executive Officer, received $6.4M in total, which increased by 18% compared to 2018. 44% of Schall's compensation, or $2.8M, was in stock awards. Schall also received $2M in non-equity incentive plan, $817K in option awards, $800K in salary, as well as $50K in other compensation.
John F. Burkart, Senior Executive Vice President, received a compensation package of $3.8M, which increased by 21% compared to previous year. 44% of the compensation package, or $1.7M, was in stock awards.
Angela L. Kleiman, Chief Financial Officer, earned $3.1M in 2019, a 8% increase compared to previous year.
Craig K. Zimmerman, Chief Investment Officer, received $2.9M in 2019, which increases by 18% compared to 2018.
Adam W. Berry, Chief Investment Officer, earned $2.2M in 2019.
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Source: SEC filing on April 1, 2020.