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.
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.