Seritage Growth Properties CEO Benjamin Schall's 2018 pay jumps 147% to $8.9M
Seritage Growth Properties reports 2018 executive compensation
By ExecPay News
Published: March 15, 2019
Seritage Growth Properties reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, six executives at Seritage Growth Properties received on average a compensation package of $2.6M, a 78% increase compared to previous year.
Benjamin Schall, Chief Executive Officer, received $8.9M in total, which increased by 147% compared to 2017. 75% of Schall's compensation, or $6.7M, was in stock awards. Schall also received $1.3M in non-equity incentive plan, $875K in salary, as well as $85K in other compensation.
For fiscal year 2018, the median employee pay was $155,314 at Seritage Growth Properties. Therefore, the ratio of Benjamin Schall's pay to the median employee pay was 57 to one.
Brian Dickman, Chief Financial Officer, received a compensation package of $1.8M, which increased by 43% compared to previous year. 54% of the compensation package, or $972K, was in stock awards.
Matthew Fernand, General Counsel, earned $1.6M in 2018, a 52% increase compared to previous year.
Ken Lombard, Chief Operating Officer, received $1.2M in 2018.
Mary Rottler, Executive Vice President of Leasing and Operations, earned $1.2M in 2018, a 59% increase compared to previous year.
James Bry, Executive Vice President of Development and Construction, received $1.2M in 2018, which increases by 55% compared to 2017.
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