Hersha Hospitality Trust CEO Jay Shah's 2019 pay falls 25% to $3.5M
Hersha Hospitality Trust reports 2019 executive compensation
By ExecPay News
Published: April 17, 2020
Hersha Hospitality Trust reported fiscal year 2019 executive compensation information on April 17, 2020.
In 2019, five executives at Hersha Hospitality Trust received on average a compensation package of $2.1M, a 25% decrease compared to previous year.
Average pay of disclosed executives at Hersha Hospitality Trust
Jay H. Shah, Chief Executive Officer, received $3.5M in total, which decreased by 25% compared to 2018. 72% of Shah's compensation, or $2.5M, was in stock awards. Shah also received $174K in non-equity incentive plan, $795K in salary, as well as $5.4K in other compensation.
Neil H. Shah, Chief Operating Officer, received a compensation package of $3.5M, which decreased by 25% compared to previous year. 72% of the compensation package, or $2.5M, was in stock awards.
Ashish R. Parikh, Chief Financial Officer, earned $1.7M in 2019, a 28% decrease compared to previous year.
Michael R. Gillespie, Chief Accounting Officer, received $909K in 2019, which decreases by 27% compared to 2018.
Hasu P. Shah, Chairman, earned $877K in 2019, a 13% decrease compared to previous year.
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Source: SEC filing on April 17, 2020.