Macerich CEO Thomas O'Hern's 2019 pay falls 26% to $6.9M
Macerich reports 2019 executive compensation
By ExecPay News
Published: April 15, 2022
Macerich reported fiscal year 2019 executive compensation information on April 15, 2022.
In 2019, six Macerich executives received on average a compensation package of $3.7M, a 30% decrease compared to previous year.
Average pay of disclosed executives at Macerich
Thomas E. O'Hern, Chief Executive Officer, received $6.9M in total, which decreased by 26% compared to 2018. 58% of O'Hern's compensation, or $4M, was in stock awards. O'Hern also received $1.8M in bonus, $800K in salary, as well as $326K in other compensation.
For fiscal year 2019, the median employee pay was $94,711 at Macerich. Therefore, the ratio of Thomas E. O'Hern's pay to the median employee pay was 73 to one.
Edward C. Coppola, President, received a compensation package of $6.6M, which decreased by 1% compared to previous year. 55% of the compensation package, or $3.6M, was in stock awards.
Douglas J. Healey, Senior Executive Vice President, Leasing, earned $2.3M in 2019, a 134% increase compared to previous year.
Kenneth L. Volk, Executive Vice President, Business Development, received $2.2M in 2019.
Scott W. Kingsmore, Chief Financial Officer, earned $2.1M in 2019.
Ann C. Menard, Chief Legal Officer, received $2M in 2019, which decreases by 23% compared to 2018.
Related executives
Ann Menard
Macerich
Chief Legal Officer
Thomas O'Hern
Macerich
Chief Executive Officer
Edward Coppola
Macerich
President
Scott Kingsmore
Macerich
Chief Financial Officer
Douglas Healey
Macerich
Senior Executive Vice President, Head of Leasing
Kenneth Volk
Macerich
Executive Vice President, Business Development
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Source: SEC filing on April 15, 2022.