Highwoods Properties CEO Edward Fritsch's 2015 pay rises 13% to $4.2M
Highwoods Properties reports 2015 executive compensation
By ExecPay News
Published: April 1, 2016
Highwoods Properties reported fiscal year 2015 executive compensation information on April 1, 2016.
In 2015, five executives at Highwoods Properties received on average a compensation package of $1.9M, a 23% increase compared to previous year.
Edward J. Fritsch, Chief Executive Officer, received $4.2M in total, which increased by 13% compared to 2014. 37% of Fritsch's compensation, or $1.6M, was in non-equity incentive plan. Fritsch also received $385K in option awards, $648K in salary, $1.5M in stock awards, as well as $150K in other compensation.
Mark F. Mulhern, Chief Financial Officer, received a compensation package of $1.8M, which increased by 83% compared to previous year. 37% of the compensation package, or $669K, was in non-equity incentive plan.
Theodore J. Klinck, Executive Vice President and Chief Operating and Investment Officer, earned $1.5M in 2015, a 26% increase compared to previous year.
Jeffrey D. Miller, General Counsel, received $1.3M in 2015, which increases by 9% compared to 2014.
Kevin E. Penn, Senior Vice President of Strategy and Administration, earned $708K in 2015, a 8% increase compared to previous year.
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