Independence Realty Trust CEO Scott Schaeffer's 2021 pay jumps 29% to $4.5M
Independence Realty Trust reports 2021 executive compensation
By ExecPay News
Published: March 18, 2022
Independence Realty Trust reported fiscal year 2021 executive compensation information on March 18, 2022.
In 2021, five executives at Independence Realty Trust received on average a compensation package of $2.1M, a 32% increase compared to previous year.
Average pay of disclosed executives at Independence Realty Trust
Scott F. Schaeffer, Chief Executive Officer, received $4.5M in total, which increased by 29% compared to 2020. 47% of Schaeffer's compensation, or $2.1M, was in stock awards. Schaeffer also received $438K in bonus, $1.3M in non-equity incentive plan, $700K in salary, as well as $11K in other compensation.
For fiscal year 2021, the median employee pay was $55,669 at Independence Realty Trust. Therefore, the ratio of Scott F. Schaeffer's pay to the median employee pay was 81 to one.
James J. Sebra, Chief Financial Officer, received a compensation package of $1.9M, which increased by 31% compared to previous year. 45% of the compensation package, or $845K, was in stock awards.
Farrell M. Ender, President, earned $1.9M in 2021, a 31% increase compared to previous year.
Jessica K. Norman, General Counsel, received $1.2M in 2021, which increases by 41% compared to 2020.
Jason R. Delozier, Chief Accounting Officer, earned $815K in 2021, a 42% increase compared to previous year.
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Source: SEC filing on March 18, 2022.