Kite Realty Group Trust CEO John Kite's 2019 pay jumps 62% to $6M
Kite Realty Group Trust reports 2019 executive compensation
By ExecPay News
Published: April 1, 2020
Kite Realty Group Trust reported fiscal year 2019 executive compensation information on April 1, 2020.
In 2019, four executives at Kite Realty Group Trust received on average a compensation package of $2.9M, a 74% increase compared to previous year.
Average pay of disclosed executives at Kite Realty Group Trust
John A. Kite, Chief Executive Officer, received $6M in total, which increased by 62% compared to 2018. 40% of Kite's compensation, or $2.4M, was in option awards. Kite also received $2M in non-equity incentive plan, $825K in salary, $701K in stock awards, as well as $27K in other compensation.
For fiscal year 2019, the median employee pay was $96,430 at Kite Realty Group Trust. Therefore, the ratio of John A. Kite's pay to the median employee pay was 62 to one.
Thomas K. McGowan, Chief Operating Officer, received a compensation package of $2.3M, which increased by 44% compared to previous year. 41% of the compensation package, or $960K, was in non-equity incentive plan.
Heath R. Fear, Chief Financial Officer, earned $1.8M in 2019, a 14% increase compared to previous year.
Scott E. Murray, General Counsel, received $1.6M in 2019, which increases by 40% compared to 2018.
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Source: SEC filing on April 1, 2020.