Simon Property Group CEO David Simon's 2019 pay slips 9% to $10M
Simon Property Group reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
Simon Property Group reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, five executives at Simon Property Group received on average a compensation package of $4.2M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Simon Property Group
David Simon, Chief Executive Officer, received $10M in total, which decreased by 9% compared to 2018. 61% of Simon's compensation, or $6.3M, was in stock awards. Simon also received $2.9M in bonus, $1.3M in salary, as well as $16K in other compensation.
For fiscal year 2019, the median employee pay was $62,457 at Simon Property Group. Therefore, the ratio of David Simon's pay to the median employee pay was 167 to one.
Steven E. Fivel, General Counsel, received a compensation package of $3.2M, which decreased by 7% compared to previous year. 52% of the compensation package, or $1.7M, was in stock awards.
John Rulli, Chief Administrative Officer, earned $3.1M in 2019, a 11% decrease compared to previous year.
Brian J. McDade, Chief Financial Officer, received $2.5M in 2019, which increases by 31% compared to 2018.
Alexander L.W. Snyder, General Counsel, earned $1.8M in 2019.
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Source: SEC filing on April 2, 2020.