Hersha Hospitality Trust CEO Jay Shah's 2018 pay slips 1% to $4.7M
Hersha Hospitality Trust reports 2018 executive compensation
By ExecPay News
Published: April 18, 2019
Hersha Hospitality Trust reported fiscal year 2018 executive compensation information on April 18, 2019.
In 2018, five executives at Hersha Hospitality Trust received on average a compensation package of $2.8M, a 1% decrease compared to previous year.
Average pay of disclosed executives at Hersha Hospitality Trust
Jay H. Shah, Chief Executive Officer, received $4.7M in total, which decreased by 1% compared to 2017. 77% of Shah's compensation, or $3.6M, was in stock awards. Shah also received $312K in non-equity incentive plan, $770K in salary, as well as $5.4K in other compensation.
Neil H. Shah, Chief Operating Officer, received a compensation package of $4.6M, which is about the same as previous year. 77% of the compensation package, or $3.5M, was in stock awards.
Ashish R. Parikh, Chief Financial Officer, earned $2.3M in 2018, a 6% decrease compared to previous year.
Michael R. Gillespie, Chief Accounting Officer, received $1.2M in 2018, which decreases by 4% compared to 2017.
Hasu P. Shah, Chairman, earned $1M in 2018, a 5% increase compared to previous year.
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Source: SEC filing on April 18, 2019.