Piedmont Office Realty Trust CEO C Smith's 2020 pay falls 39% to $3.2M
Piedmont Office Realty Trust reports 2020 executive compensation
By ExecPay News
Published: March 19, 2021
Piedmont Office Realty Trust reported fiscal year 2020 executive compensation information on March 19, 2021.
In 2020, five executives at Piedmont Office Realty Trust received on average a compensation package of $1.7M, a 31% decrease compared to previous year.
Average pay of disclosed executives at Piedmont Office Realty Trust
C. Brent Smith, Chief Executive Officer, received $3.2M in total, which decreased by 39% compared to 2019. 62% of Smith's compensation, or $2M, was in stock awards. Smith also received $600K in non-equity incentive plan, $600K in salary, as well as $20K in other compensation.
For fiscal year 2020, the median employee pay was $110,863 at Piedmont Office Realty Trust. Therefore, the ratio of C. Brent Smith's pay to the median employee pay was 29 to one.
Robert E. Bowers, Executive Vice President and Chief Financial and Administrative Officer, received a compensation package of $2M, which decreased by 7% compared to previous year. 60% of the compensation package, or $1.2M, was in stock awards.
Christopher A. Kollme, Executive Vice President Capital & Strategy, earned $1.1M in 2020, a 10% decrease compared to previous year.
Robert K. Wiberg, Executive Vice President Region and Co, Head of Development, received $1M in 2020, which decreases by 6% compared to 2019.
George M. Wells, Executive Vice President Real Estate Operations, earned $968K in 2020.
Related executives
C Smith
Piedmont Office Realty Trust
Chief Executive Officer
Robert Bowers
Piedmont Office Realty Trust
Executive Vice President and Chief Financial and Administrative Officer
Christopher Kollme
Piedmont Office Realty Trust
Executive Vice President — Investments and Strategy
George Wells
Piedmont Office Realty Trust
Chief Operating Officer
Robert Wiberg
Piedmont Office Realty Trust
Executive Vice President — Northeast Region and Co, Head of Development
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Source: SEC filing on March 19, 2021.