Hersha Hospitality Trust CEO Jay Shah's 2014 pay rises 10% to $3.3M
Hersha Hospitality Trust reports 2014 executive compensation
By ExecPay News
Published: April 17, 2015
Hersha Hospitality Trust reported fiscal year 2014 executive compensation information on April 17, 2015.
In 2014, five executives at Hersha Hospitality Trust received on average a compensation package of $1.9M, a 10% increase compared to previous year.
Average pay of disclosed executives at Hersha Hospitality Trust
Jay H. Shah, Chief Executive Officer, received $3.3M in total, which increased by 10% compared to 2013. 48% of Shah's compensation, or $1.6M, was in stock awards. Shah also received $1M in non-equity incentive plan, $680K in salary, as well as $5.1K in other compensation.
Neil H. Shah, Chief Operating Officer, received a compensation package of $3.2M, which increased by 10% compared to previous year. 49% of the compensation package, or $1.6M, was in stock awards.
Ashish R. Parikh, Chief Financial Officer, earned $1.5M in 2014, a 10% increase compared to previous year.
Hasu P. Shah, Chairman, received $749K in 2014, which increases by 4% compared to 2013.
Michael R. Gillespie, Chief Accounting Officer, earned $726K in 2014, a 10% increase compared to previous year.
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Source: SEC filing on April 17, 2015.