Pennsylvania Real Estate Investment Trust CEO Joseph Coradino's 2022 pay slips 7% to $5.9M
Pennsylvania Real Estate Investment Trust reports 2022 executive compensation
By ExecPay News
Published: April 18, 2023
Pennsylvania Real Estate Investment Trust reported fiscal year 2022 executive compensation information on April 18, 2023.
In 2022, four executives at Pennsylvania Real Estate Investment Trust received on average a compensation package of $2.8M, a 26% increase compared to previous year.
Average pay of disclosed executives at Pennsylvania Real Estate Investment Trust
Joseph F. Coradino, Chief Executive Officer, received $5.9M in total, which decreased by 7% compared to 2021. 51% of Coradino's compensation, or $3M, was in stock awards. Coradino also received $2M in non-equity incentive plan, $900K in salary, as well as $12K in other compensation.
Mario C. Ventresca, Jr, Chief Financial Officer, received a compensation package of $2.4M, which increased by 17% compared to previous year. 38% of the compensation package, or $930K, was in stock awards.
Joseph J. Aristone, Executive Vice President, Leasing, earned $1.5M in 2022, a 18% increase compared to previous year.
Andrew M. Ioannou, Executive Vice President, Finance and Acquisitions, received $1.5M in 2022, which increases by 18% compared to 2021.
Related executives
Joseph Coradino
Pennsylvania Real Estate Investment Trust
Chief Executive Officer
Mario Ventresca
Pennsylvania Real Estate Investment Trust
Chief Financial Officer
Joseph Aristone
Pennsylvania Real Estate Investment Trust
Executive Vice President, Leasing
Andrew Ioannou
Pennsylvania Real Estate Investment Trust
Executive Vice President, Finance and Acquisitions
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Source: SEC filing on April 18, 2023.