Kimco Realty COO Michael Flynn's 2007 pay rises 9% to $3.2M
Kimco Realty reports 2007 executive compensation
By ExecPay News
Published: March 27, 2008
Kimco Realty reported fiscal year 2007 executive compensation information on March 27, 2008.
In 2007, five executives at Kimco Realty received on average a compensation package of $2.4M, a 12% increase compared to previous year.
Average pay of disclosed executives at Kimco Realty
Michael J. Flynn, Chief Operating Officer, received $3.2M in total, which increased by 9% compared to 2006. 51% of Flynn's compensation, or $1.6M, was in option awards. Flynn also received $725K in bonus, $700K in salary, as well as $154K in other compensation.
Milton Cooper, Chief Executive Officer, received a compensation package of $3.2M, which increased by 9% compared to previous year. 52% of the compensation package, or $1.6M, was in option awards.
David B. Henry, Chief Investment Officer, earned $2.3M in 2007, a 33% increase compared to previous year.
Jerald Friedman, Executive Vice President, received $1.7M in 2007, which is about the same as previous year.
Michael V. Pappagallo, Chief Financial Officer, earned $1.5M in 2007, a 17% increase compared to previous year.
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Source: SEC filing on March 27, 2008.