Independence Realty Trust CEO Scott Schaeffer's 2020 pay slips 10% to $3.5M
Independence Realty Trust reports 2020 executive compensation
By ExecPay News
Published: March 29, 2021
Independence Realty Trust reported fiscal year 2020 executive compensation information on March 29, 2021.
In 2020, five executives at Independence Realty Trust received on average a compensation package of $1.6M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Independence Realty Trust
Scott F. Schaeffer, Chief Executive Officer, received $3.5M in total, which decreased by 10% compared to 2019. 47% of Schaeffer's compensation, or $1.6M, was in stock awards. Schaeffer also received $438K in bonus, $720K in non-equity incentive plan, $700K in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $51,401 at Independence Realty Trust. Therefore, the ratio of Scott F. Schaeffer's pay to the median employee pay was 68 to one.
James J. Sebra, Chief Financial Officer, received a compensation package of $1.4M, which decreased by 9% compared to previous year. 45% of the compensation package, or $650K, was in stock awards.
Farrell M. Ender, President, earned $1.4M in 2020, a 6% decrease compared to previous year.
Jessica K. Norman, General Counsel, received $841K in 2020, which increases by 64% compared to 2019.
Jason R. Delozier, Chief Accounting Officer, earned $574K in 2020, a 16% increase compared to previous year.
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Source: SEC filing on March 29, 2021.