Simon Property Group CEO David Simon's 2018 pay jumps 140% to $11M
Simon Property Group reports 2018 executive compensation
By ExecPay News
Published: March 27, 2019
Simon Property Group reported fiscal year 2018 executive compensation information on March 27, 2019.
In 2018, six executives at Simon Property Group received on average a compensation package of $4.4M, a 99% increase compared to previous year.
Average pay of disclosed executives at Simon Property Group
David Simon, Chief Executive Officer, received $11M in total, which increased by 140% compared to 2017. 55% of Simon's compensation, or $6.3M, was in stock awards. Simon also received $3.9M in bonus, $1.3M in salary, as well as $16K in other compensation.
For fiscal year 2018, the median employee pay was $66,910 at Simon Property Group. Therefore, the ratio of David Simon's pay to the median employee pay was 171 to one.
Richard S. Sokolov, Chairman, received a compensation package of $5M, which increased by 89% compared to previous year. 47% of the compensation package, or $2.3M, was in stock awards.
John Rulli, Chief Administrative Officer, earned $3.4M in 2018, a 180% increase compared to previous year.
Steven E. Fivel, General Counsel, received $3.4M in 2018, which increases by 178% compared to 2017.
Brian J. McDade, Chief Financial Officer, earned $1.9M in 2018.
Andrew A. Juster, Chief Financial Officer, received $1.3M in 2018, which increases by 9% compared to 2017.
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Source: SEC filing on March 27, 2019.