Sovran Self Storage CIO Joseph Saffire's 2018 pay jumps 1,455% to $2.4M
Sovran Self Storage reports 2018 executive compensation
By ExecPay News
Published: April 16, 2019
Sovran Self Storage reported fiscal year 2018 executive compensation information on April 16, 2019.
In 2018, five executives at Sovran Self Storage received on average a compensation package of $1.6M, a 31% increase compared to previous year.
Average pay of disclosed executives at Sovran Self Storage
Joseph V. Saffire, Chief Investment Officer, received $2.4M in total, which increased by 1,455% compared to 2017. 68% of Saffire's compensation, or $1.6M, was in stock awards. Saffire also received $440K in non-equity incentive plan, $342K in salary, as well as $4.5K in other compensation.
For fiscal year 2018, the median employee pay was $29,951 at Sovran Self Storage. Therefore, the ratio of Joseph V. Saffire's pay to the median employee pay was 81 to one.
Andrew J. Gregoire, Chief Financial Officer, received a compensation package of $1.7M, which increased by 9% compared to previous year. 48% of the compensation package, or $813K, was in stock awards.
Edward F. Killeen, Chief Operating Officer, earned $1.7M in 2018, a 9% increase compared to previous year.
David L. Rogers, Chief Executive Officer, received $1.3M in 2018, which decreases by 50% compared to 2017.
Kenneth F. Myszka, Former President, earned $674K in 2018, a 1% decrease compared to previous year.
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Source: SEC filing on April 16, 2019.