Ladder Capital CEO Brian Harris' 2021 pay rises 9% to $11M
Ladder Capital reports 2021 executive compensation
By ExecPay News
Published: April 19, 2022
Ladder Capital reported fiscal year 2021 executive compensation information on April 19, 2022.
In 2021, six executives at Ladder Capital received on average a compensation package of $3.5M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Ladder Capital
Brian Harris, Chief Executive Officer, received $11M in total, which increased by 9% compared to 2020. 91% of Harris' compensation, or $9.9M, was in stock awards. Harris also received $1M in salary and $12K in other compensation.
For fiscal year 2021, the median employee pay was $320,799 at Ladder Capital. Therefore, the ratio of Brian Harris' pay to the median employee pay was 34 to one.
Pamela McCormack, President, received a compensation package of $5M, which increased by 17% compared to previous year. 85% of the compensation package, or $4.3M, was in stock awards.
Robert Perelman, Head of Asset Management, earned $1.6M in 2021, a 28% increase compared to previous year.
Kelly Porcella, Chief Administrative Officer, received $1.5M in 2021, which increases by 25% compared to 2020.
Paul J. Miceli, Chief Financial Officer, earned $1.5M in 2021.
Marc Fox, Chief Financial Officer, received $165K in 2021, which decreases by 88% compared to 2020.
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Source: SEC filing on April 19, 2022.