Macerich CEO Thomas O'Hern's 2020 pay jumps 21% to $8.4M
Macerich reports 2020 executive compensation
By ExecPay News
Published: April 29, 2021
Macerich reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, six Macerich executives received on average a compensation package of $3.5M, a 4% decrease compared to previous year.
Average pay of disclosed executives at Macerich
Thomas E. O'Hern, Chief Executive Officer, received $8.4M in total, which increased by 21% compared to 2019. 72% of O'Hern's compensation, or $6M, was in stock awards. O'Hern also received $1.2M in bonus, $800K in salary, as well as $376K in other compensation.
For fiscal year 2020, the median employee pay was $104,028 at Macerich. Therefore, the ratio of Thomas E. O'Hern's pay to the median employee pay was 81 to one.
Edward C. Coppola, President, received a compensation package of $5.9M, which decreased by 11% compared to previous year. 61% of the compensation package, or $3.6M, was in stock awards.
Scott W. Kingsmore, Chief Financial Officer, earned $1.8M in 2020, a 15% decrease compared to previous year.
Douglas J. Healey, Senior Executive Vice President, Head of Leasing, received $1.7M in 2020, which decreases by 24% compared to 2019.
Kenneth L. Volk, Executive Vice President, Business Development, earned $1.7M in 2020, a 23% decrease compared to previous year.
Ann C. Menard, Chief Legal Officer, received $1.7M in 2020, which decreases by 17% compared to 2019.
Related executives
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
Ann Menard
Macerich
Chief Legal Officer
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Source: SEC filing on April 29, 2021.