Highwoods Properties CEO Edward Fritsch's 2014 pay rises 12% to $3.7M
Highwoods Properties reports 2014 executive compensation
By ExecPay News
Published: April 3, 2015
Highwoods Properties reported fiscal year 2014 executive compensation information on April 3, 2015.
In 2014, seven executives at Highwoods Properties received on average a compensation package of $1.5M, a 1% increase compared to previous year.
Edward J. Fritsch, Chief Executive Officer, received $3.7M in total, which increased by 12% compared to 2013. 39% of Fritsch's compensation, or $1.5M, was in stock awards. Fritsch also received $128K in bonus, $1M in non-equity incentive plan, $374K in option awards, $629K in salary, as well as $116K in other compensation.
Michael E. Harris, Chief Operating Officer, received a compensation package of $1.7M, which increased by 5% compared to previous year. 33% of the compensation package, or $552K, was in stock awards.
Terry L. Stevens, Chief Financial Officer, earned $1.4M in 2014, a 10% decrease compared to previous year.
Theodore J. Klinck, Executive Vice President and Chief Operating and Investment Officer, received $1.2M in 2014, which increases by 21% compared to 2013.
Jeffrey D. Miller, General Counsel, earned $1.2M in 2014, a 4% increase compared to previous year.
Mark F. Mulhern, Chief Financial Officer, received $1M in 2014.
Kevin E. Penn, Senior Vice President of Strategy and Administration, earned $656K in 2014, a 2% increase compared to previous year.
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