Kite Realty Group Trust CEO John Kite's 2021 pay falls 21% to $5.8M
Kite Realty Group Trust reports 2021 executive compensation
By ExecPay News
Published: March 29, 2022
Kite Realty Group Trust reported fiscal year 2021 executive compensation information on March 29, 2022.
In 2021, three executives at Kite Realty Group Trust received on average a compensation package of $3.5M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Kite Realty Group Trust
John A. Kite, Chief Executive Officer, received $5.8M in total, which decreased by 21% compared to 2020. 43% of Kite's compensation, or $2.5M, was in non-equity incentive plan. Kite also received $1.9M in option awards, $850K in salary, $506K in stock awards, as well as $32K in other compensation.
For fiscal year 2021, the median employee pay was $93,118 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 $2.4M, which decreased by 18% compared to previous year. 41% of the compensation package, or $983K, was in non-equity incentive plan.
Heath R. Fear, Chief Financial Officer, earned $2.3M in 2021, a 12% decrease compared to previous year.
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Source: SEC filing on March 29, 2022.