INNOVATIVE INDUSTRIAL PROPERTIES Chairman Alan Gold's 2019 pay rises 10% to $2.9M
INNOVATIVE INDUSTRIAL PROPERTIES reports 2019 executive compensation
By ExecPay News
Published: April 17, 2020
INNOVATIVE INDUSTRIAL PROPERTIES reported fiscal year 2019 executive compensation information on April 17, 2020.
In 2019, four executives at INNOVATIVE INDUSTRIAL PROPERTIES received on average a compensation package of $1.5M, a 22% increase compared to previous year.
Average pay of disclosed executives at INNOVATIVE INDUSTRIAL PROPERTIES
Alan Gold, Chairman, received $2.9M in total, which increased by 10% compared to 2018. 45% of Gold's compensation, or $1.3M, was in bonus. Gold also received $650K in salary, $900K in stock awards, as well as $8.4K in other compensation.
For fiscal year 2019, the median employee pay was $305,018 at INNOVATIVE INDUSTRIAL PROPERTIES. Therefore, the ratio of Alan Gold's pay to the median employee pay was 9 to one.
Paul Smithers, Chief Executive Officer, received a compensation package of $1.4M, which increased by 31% compared to previous year. 43% of the compensation package, or $600K, was in stock awards.
Catherine Hastings, Chief Financial Officer, earned $879K in 2019, a 40% increase compared to previous year.
Brian Wolfe, General Counsel, received $869K in 2019, which increases by 38% compared to 2018.
Related executives
You may also like
Source: SEC filing on April 17, 2020.