Liberty Property Trust CEO William Hankowsky's 2018 pay slips 16% to $4M
Liberty Property Trust reports 2018 executive compensation
By ExecPay News
Published: April 26, 2019
Liberty Property Trust reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, four executives at Liberty Property Trust received on average a compensation package of $2.3M, a 12% decrease compared to previous year.
William P. Hankowsky, Chief Executive Officer, received $4M in total, which decreased by 16% compared to 2017. 58% of Hankowsky's compensation, or $2.3M, was in stock awards. Hankowsky also received $666K in non-equity incentive plan, $752K in salary, as well as $263K in other compensation.
For fiscal year 2018, the median employee pay was $100,129 at Liberty Property Trust. Therefore, the ratio of William P. Hankowsky's pay to the median employee pay was 40 to one.
Christopher J. Papa, Chief Financial Officer, received a compensation package of $1.8M, which decreased by 11% compared to previous year. 38% of the compensation package, or $688K, was in stock awards.
Michael T. Hagan, Chief Investment Officer, earned $1.8M in 2018, a 6% decrease compared to previous year.
Herman C. Fala, General Counsel, received $1.6M in 2018, which decreases by 10% compared to 2017.