Independence Realty Trust CEO Scott Schaeffer's 2019 pay rises 9% to $3.9M

Independence Realty Trust reports 2019 executive compensation

By ExecPay News

Published: March 25, 2020

Independence Realty Trust reported fiscal year 2019 executive compensation information on March 25, 2020.
In 2019, five executives at Independence Realty Trust received on average a compensation package of $1.6M, a 28% decrease compared to previous year.
Average pay of disclosed executives at Independence Realty Trust
Scott F. Schaeffer, Chief Executive Officer, received $3.9M in total, which increased by 9% compared to 2018. 44% of Schaeffer's compensation, or $1.7M, was in stock awards. Schaeffer also received $438K in bonus, $1M in non-equity incentive plan, $700K in salary, as well as $11K in other compensation.
For fiscal year 2019, the median employee pay was $59,944 at Independence Realty Trust. Therefore, the ratio of Scott F. Schaeffer's pay to the median employee pay was 65 to one.
James J. Sebra, Chief Financial Officer, received a compensation package of $1.6M, which increased by 2% compared to previous year. 43% of the compensation package, or $690K, was in stock awards.
Farrell M. Ender, President, earned $1.5M in 2019, a 2% increase compared to previous year.
Jessica K. Norman, General Counsel, received $512K in 2019.
Jason R. Delozier, Chief Accounting Officer, earned $493K in 2019.

Related executives

Scott Schaeffer

Independence Realty Trust

Chief Executive Officer

James Sebra

Independence Realty Trust

Chief Financial Officer

Farrell Ender

Independence Realty Trust

President

Jessica Norman

Independence Realty Trust

General Counsel

Jason Delozier

Independence Realty Trust

Chief Accounting Officer

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Source: SEC filing on March 25, 2020.