Highlands REIT CEO Richard Vance's 2018 pay rises 7% to $2.8M
Highlands REIT reports 2018 executive compensation
By ExecPay News
Published: March 22, 2019
Highlands REIT reported fiscal year 2018 executive compensation information on March 22, 2019.
In 2018, three executives at Highlands REIT received on average a compensation package of $1.7M, a 15% increase compared to previous year.
Richard Vance, Chief Executive Officer, received $2.8M in total, which increased by 7% compared to 2017. 45% of Vance's compensation, or $1.3M, was in stock awards. Vance also received $950K in bonus, $540K in salary, as well as $16K in other compensation.
Robert Lange, General Counsel, received a compensation package of $1.4M, which decreased by 1% compared to previous year. 46% of the compensation package, or $650K, was in bonus.
Paul Melkus, Chief Financial Officer, earned $1.1M in 2018.