Sovran Self Storage CEO Joseph Saffire's 2020 pay jumps 27% to $4.4M
Sovran Self Storage reports 2020 executive compensation
By ExecPay News
Published: April 15, 2021
Sovran Self Storage reported fiscal year 2020 executive compensation information on April 15, 2021.
In 2020, three executives at Sovran Self Storage received on average a compensation package of $2.8M, a 63% increase compared to previous year.
Average pay of disclosed executives at Sovran Self Storage
Joseph V. Saffire, Chief Executive Officer, received $4.4M in total, which increased by 27% compared to 2019. 65% of Saffire's compensation, or $2.9M, was in stock awards. Saffire also received $960K in non-equity incentive plan, $600K in salary, as well as $4.7K in other compensation.
For fiscal year 2020, the median employee pay was $33,100 at Sovran Self Storage. Therefore, the ratio of Joseph V. Saffire's pay to the median employee pay was 134 to one.
Andrew J. Gregoire, Chief Financial Officer, received a compensation package of $2M, which increased by 20% compared to previous year. 44% of the compensation package, or $893K, was in stock awards.
Edward F. Killeen, Chief Operating Officer, earned $2M in 2020, a 23% increase compared to previous year.
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Source: SEC filing on April 15, 2021.