Hersha Hospitality Trust CEO Jay Shah's 2020 pay slips 15% to $3M
Hersha Hospitality Trust reports 2020 executive compensation
By ExecPay News
Published: April 16, 2021
Hersha Hospitality Trust reported fiscal year 2020 executive compensation information on April 16, 2021.
In 2020, five executives at Hersha Hospitality Trust received on average a compensation package of $1.9M, a 10% decrease compared to previous year.
Average pay of disclosed executives at Hersha Hospitality Trust
Jay H. Shah, Chief Executive Officer, received $3M in total, which decreased by 15% compared to 2019. 76% of Shah's compensation, or $2.2M, was in stock awards. Shah also received $259K in non-equity incentive plan, $464K in salary, as well as $5.6K in other compensation.
Neil H. Shah, Chief Operating Officer, received a compensation package of $2.9M, which decreased by 15% compared to previous year. 75% of the compensation package, or $2.2M, was in stock awards.
Ashish R. Parikh, Chief Financial Officer, earned $1.8M in 2020, a 7% increase compared to previous year.
Michael R. Gillespie, Chief Accounting Officer, received $1M in 2020, which increases by 14% compared to 2019.
Hasu P. Shah, Chairman, earned $654K in 2020, a 25% decrease compared to previous year.
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Source: SEC filing on April 16, 2021.