MGM Growth Properties LLC CEO James Stewart's 2019 pay rises 15% to $4.1M
MGM Growth Properties LLC reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
MGM Growth Properties LLC reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, two executives at MGM Growth Properties LLC received on average a compensation package of $2.9M, a 18% increase compared to previous year.
Average pay of disclosed executives at MGM Growth Properties LLC
James C. Stewart, Chief Executive Officer, received $4.1M in total, which increased by 15% compared to 2018. 49% of Stewart's compensation, or $2M, was in stock awards. Stewart also received $1.2M in non-equity incentive plan, $834K in salary, as well as $43K in other compensation.
For fiscal year 2019, the median employee pay was $216,323 at MGM Growth Properties LLC. Therefore, the ratio of James C. Stewart's pay to the median employee pay was 19 to one.
Andy H. Chien, Chief Financial Officer, received a compensation package of $1.8M, which increased by 26% compared to previous year. 56% of the compensation package, or $1M, was in stock awards.
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Source: SEC filing on March 27, 2020.