Ladder Capital CEO Brian Harris' 2018 pay rises 18% to $17M
Ladder Capital reports 2018 executive compensation
By ExecPay News
Published: April 22, 2019
Ladder Capital reported fiscal year 2018 executive compensation information on April 22, 2019.
In 2018, five executives at Ladder Capital received on average a compensation package of $5.6M, a 12% increase compared to previous year.
Average pay of disclosed executives at Ladder Capital
Brian Harris, Chief Executive Officer, received $17M in total, which increased by 18% compared to 2017. 52% of Harris' compensation, or $9M, was in non-equity incentive plan. Harris also received $1M in salary, $7.3M in stock awards, as well as $8.2K in other compensation.
For fiscal year 2018, the median employee pay was $365,752 at Ladder Capital. Therefore, the ratio of Brian Harris' pay to the median employee pay was 47 to one.
Pamela McCormack, President, received a compensation package of $5.4M, which increased by 20% compared to previous year. 44% of the compensation package, or $2.4M, was in stock awards.
Marc Fox, Chief Financial Officer, earned $2.3M in 2018, a 16% increase compared to previous year.
Thomas Harney, Head of Merchant Banking & Capital Markets, received $1.5M in 2018, which decreases by 25% compared to 2017.
Robert Perelman, Head of Asset Management, earned $1.5M in 2018, a 18% decrease compared to previous year.
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Source: SEC filing on April 22, 2019.