Kite Realty Group Trust CEO John Kite's 2020 pay jumps 23% to $7.4M
Kite Realty Group Trust reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
Kite Realty Group Trust reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, four executives at Kite Realty Group Trust received on average a compensation package of $4.2M, a 41% increase compared to previous year.
Average pay of disclosed executives at Kite Realty Group Trust
John A. Kite, Chief Executive Officer, received $7.4M in total, which increased by 23% compared to 2019. 40% of Kite's compensation, or $2.9M, was in stock awards. Kite also received $1M in bonus, $2.6M in option awards, $825K in salary, as well as $29K in other compensation.
For fiscal year 2020, the median employee pay was $114,637 at Kite Realty Group Trust. Therefore, the ratio of John A. Kite's pay to the median employee pay was 64 to one.
Scott E. Murray, Secretary, received a compensation package of $3.7M, which increased by 124% compared to previous year. 75% of the compensation package, or $2.8M, was in other compensation.
Thomas K. McGowan, Chief Operating Officer, earned $3M in 2020, a 26% increase compared to previous year.
Heath R. Fear, Chief Financial Officer, received $2.6M in 2020, which increases by 43% compared to 2019.
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Source: SEC filing on March 31, 2021.