Retail Properties of America CEO Michael O'Hanlon's 2008 pay jumps 1,006% to $563K
Retail Properties of America reports 2008 executive compensation
By ExecPay News
Published: July 24, 2009
Retail Properties of America reported fiscal year 2008 executive compensation information on July 24, 2009.
In 2008, five executives at Retail Properties of America received on average a compensation package of $381K, a 986% increase compared to previous year.
Average pay of disclosed executives at Retail Properties of America
Michael J. O'Hanlon, Chief Executive Officer, received $563K in total, which increased by 1,006% compared to 2007. 80% of O'Hanlon's compensation, or $450K, was in salary. O'Hanlon also received $113K in bonus.
Steven P. Grimes, Chief Executive Officer, received a compensation package of $470K, which increased by 1099% compared to previous year. 80% of the compensation package, or $375K, was in salary.
Shane C. Garrison, Chief Investment Officer, earned $297K in 2008, a 1023% increase compared to previous year.
Dennis K. Holland, General Counsel, received $293K in 2008, which increases by 900% compared to 2007.
Niall J. Byrne, Executive Vice President and President of Property Management, earned $283K in 2008, a 854% increase compared to previous year.
Related executives
Michael O'Hanlon
Retail Properties of America
Chief Executive Officer
Steven Grimes
Retail Properties of America
Chief Executive Officer
Shane Garrison
Retail Properties of America
Chief Operating Officer
Niall Byrne
Retail Properties of America
Executive Vice President and President of Property Management
Dennis Holland
Retail Properties of America
General Counsel
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Source: SEC filing on July 24, 2009.