Hudson Pacific Properties CEO Victor Coleman's 2021 pay rises 11% to $11M
Hudson Pacific Properties reports 2021 executive compensation
By ExecPay News
Published: April 1, 2022
Hudson Pacific Properties reported fiscal year 2021 executive compensation information on April 1, 2022.
In 2021, five executives at Hudson Pacific Properties received on average a compensation package of $4.4M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Hudson Pacific Properties
Victor J. Coleman, Chief Executive Officer, received $11M in total, which increased by 11% compared to 2020. 80% of Coleman's compensation, or $8.4M, was in stock awards. Coleman also received $337K in bonus, $695K in non-equity incentive plan, $950K in salary, as well as $136K in other compensation.
For fiscal year 2021, the median employee pay was $119,895 at Hudson Pacific Properties. Therefore, the ratio of Victor J. Coleman's pay to the median employee pay was 88 to one.
Mark T. Lammas, President and Treasurer, received a compensation package of $5M, which increased by 11% compared to previous year. 74% of the compensation package, or $3.7M, was in stock awards.
Arthur X. Suazo, Executive Vice President, Leasing, earned $2.2M in 2021.
Harout Diramerian, Chief Financial Officer, received $2.1M in 2021, which increases by 30% compared to 2020.
Steven Jaffe, Executive Vice President, Business Affairs, earned $2.1M in 2021.
Related executives
Victor Coleman
Hudson Pacific Properties
Chief Executive Officer
Mark Lammas
Hudson Pacific Properties
President and Treasurer
Harout Diramerian
Hudson Pacific Properties
Chief Financial Officer
Arthur Suazo
Hudson Pacific Properties
Executive Vice President, Leasing
Steven Jaffe
Hudson Pacific Properties
Executive Vice President, Business Affairs
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Source: SEC filing on April 1, 2022.