Ramco-Gershenson Properties Trust CEO Dennis Gershenson receives $1M in 2006

Ramco-Gershenson Properties Trust reports 2006 executive compensation

By ExecPay News

Published: April 24, 2007

Ramco-Gershenson Properties Trust reported fiscal year 2006 executive compensation information on April 24, 2007.

In 2006, five executives at Ramco-Gershenson Properties Trust received on average a compensation package of $595K.

Average pay of disclosed executives at Ramco-Gershenson Properties Trust

Dennis Gershenson, Chief Executive Officer, received $1M in total. 41% of Gershenson's compensation, or $425K, was in bonus. Gershenson also received $43K in non-equity incentive plan, $39K in option awards, $424K in salary, $79K in stock awards, as well as $25K in other compensation.

Richard J. Smith, Chief Financial Officer, received a compensation package of $594K. 51% of the compensation package, or $302K, was in salary.

Thomas W. Litzler, Executive VP — Development and New Business Initiatives, earned $514K in 2006.

Frederick A. Zantello, Executive VP, received $502K in 2006.

Catherine Clark, Senior VP — Acquisitions, earned $328K in 2006.