Sotherly Hotels CEO Andrew Sims' 2007 pay jumps 82% to $444K
Sotherly Hotels reports 2007 executive compensation
By ExecPay News
Published: March 26, 2008
Sotherly Hotels reported fiscal year 2007 executive compensation information on March 26, 2008.
In 2007, three executives at Sotherly Hotels received on average a compensation package of $320K, a 85% increase compared to previous year.
Average pay of disclosed executives at Sotherly Hotels
Andrew M. Sims, Chief Executive Officer, received $444K in total, which increased by 82% compared to 2006. 60% of Sims' compensation, or $267K, was in salary. Sims also received $108K in bonus, $59K in stock awards, as well as $10K in other compensation.
William J. Zaiser, Chief Financial Officer, received a compensation package of $281K, which increased by 47% compared to previous year. 67% of the compensation package, or $189K, was in salary.
David. R. Folsom, Chief Operating Officer, earned $235K in 2007, a 49% increase compared to previous year.
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Source: SEC filing on March 26, 2008.