Highlands REIT CEO Richard Vance's 2020 pay slips 1% to $2.8M
Highlands REIT reports 2020 executive compensation
By ExecPay News
Published: March 18, 2021
Highlands REIT reported fiscal year 2020 executive compensation information on March 18, 2021.
In 2020, four executives at Highlands REIT received on average a compensation package of $1.9M, a 10% decrease compared to previous year.
Richard Vance, Chief Executive Officer, received $2.8M in total, which decreased by 1% compared to 2019. 42% of Vance's compensation, or $1.2M, was in bonus. Vance also received $585K in salary, $1M in stock awards, as well as $21K in other compensation.
Paul Melkus, Chief Financial Officer, received a compensation package of $2.3M, which increased by 30% compared to previous year. 57% of the compensation package, or $1.3M, was in other compensation.
Robert Lange, General Counsel, earned $2.1M in 2020, a 17% increase compared to previous year.
Kimberly Karas, Treasurer, Senior Vice President, Controller and Principal Accounting Officer, received $485K in 2020.