Pennsylvania Real Estate Investment Trust CEO Joseph Coradino's 2021 pay jumps 45% to $6.3M

Pennsylvania Real Estate Investment Trust reports 2021 executive compensation

By ExecPay News

Published: April 22, 2022

Pennsylvania Real Estate Investment Trust reported fiscal year 2021 executive compensation information on April 22, 2022.

In 2021, six executives at Pennsylvania Real Estate Investment Trust received on average a compensation package of $2.2M, a 39% increase compared to previous year.

Average pay of disclosed executives at Pennsylvania Real Estate Investment Trust

Joseph F. Coradino, Chief Executive Officer, received $6.3M in total, which increased by 45% compared to 2020. 44% of Coradino's compensation, or $2.8M, was in non-equity incentive plan. Coradino also received $38K of change in pension value and nonqualified deferred compensation earnings, $900K in salary, $2.6M in stock awards, as well as $62K in other compensation.

Mario C. Ventresca, Jr, Chief Financial Officer, received a compensation package of $2.1M, which increased by 50% compared to previous year. 37% of the compensation package, or $772K, was in non-equity incentive plan.

Andrew M. Ioannou, Executive Vice President, Finance and Acquisitions, earned $1.3M in 2021, a 30% increase compared to previous year.

Joseph J. Aristone, Executive Vice President, Leasing, received $1.3M in 2021, which increases by 30% compared to 2020.

Lisa M. Most, General Counsel, earned $1.2M in 2021, a 25% increase compared to previous year.

Heather Crowell, Executive Vice President, Strategy and Communications, received $1.2M in 2021, which increases by 25% compared to 2020.