Independence Realty Trust CEO Scott Schaeffer's 2018 pay jumps 22% to $3.6M
Independence Realty Trust reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Independence Realty Trust reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, three executives at Independence Realty Trust received on average a compensation package of $2.2M, a 23% increase compared to previous year.
Average pay of disclosed executives at Independence Realty Trust
Scott F. Schaeffer, Chief Executive Officer, received $3.6M in total, which increased by 22% compared to 2017. 48% of Schaeffer's compensation, or $1.7M, was in stock awards. Schaeffer also received $385K in bonus, $730K in non-equity incentive plan, $700K in salary, as well as $55K in other compensation.
For fiscal year 2018, the median employee pay was $45,095 at Independence Realty Trust. Therefore, the ratio of Scott F. Schaeffer's pay to the median employee pay was 79 to one.
James J. Sebra, Chief Financial Officer, received a compensation package of $1.6M, which increased by 25% compared to previous year. 38% of the compensation package, or $599K, was in stock awards.
Farrell M. Ender, President, earned $1.5M in 2018, a 22% increase compared to previous year.
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Source: SEC filing on March 29, 2019.