Highlands REIT CEO Richard Vance's 2023 pay rises 19% to $3.3M
Highlands REIT reports 2023 executive compensation
By ExecPay News
Published: March 19, 2024
Highlands REIT reported fiscal year 2023 executive compensation information on March 19, 2024.
In 2023, three executives at Highlands REIT received on average a compensation package of $2.1M, a 20% increase compared to previous year.
Average pay of disclosed executives at Highlands REIT
Richard Vance, Chief Executive Officer, received $3.3M in total, which increased by 19% compared to 2022. 52% of Vance's compensation, or $1.7M, was in bonus. Vance also received $750K in salary, $800K in stock awards, as well as $26K in other compensation.
Robert Lange, Chief Operating Officer, received a compensation package of $2.4M, which increased by 24% compared to previous year. 58% of the compensation package, or $1.4M, was in bonus.
Kimberly Karas, Chief Accounting Officer, earned $700K in 2023, a 12% increase compared to previous year.
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Source: SEC filing on March 19, 2024.