Highlands REIT CEO Richard Vance's 2022 pay falls 28% to $2.7M
Highlands REIT reports 2022 executive compensation
By ExecPay News
Published: April 14, 2023
Highlands REIT reported fiscal year 2022 executive compensation information on April 14, 2023.
In 2022, three executives at Highlands REIT received on average a compensation package of $1.8M, a 24% decrease compared to previous year.
Average pay of disclosed executives at Highlands REIT
Richard Vance, Chief Executive Officer, received $2.7M in total, which decreased by 28% compared to 2021. 49% of Vance's compensation, or $1.4M, was in bonus. Vance also received $675K in salary, $700K in stock awards, as well as $22K in other compensation.
Robert Lange, Chief Operating Officer, received a compensation package of $1.9M, which decreased by 25% compared to previous year. 52% of the compensation package, or $1M, was in bonus.
Kimberly Karas, Chief Accounting Officer, earned $624K in 2022, a 1% decrease compared to previous year.
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Source: SEC filing on April 14, 2023.