Sotherly Hotels CEO Andrew Sims' 2018 pay rises 2% to $835K
Sotherly Hotels reports 2018 executive compensation
By ExecPay News
Published: March 21, 2019
Sotherly Hotels reported fiscal year 2018 executive compensation information on March 21, 2019.
In 2018, three executives at Sotherly Hotels received on average a compensation package of $674K, a 13% increase compared to previous year.
Average pay of disclosed executives at Sotherly Hotels
Andrew M. Sims, Chief Executive Officer, received $835K in total, which increased by 2% compared to 2017. 70% of Sims' compensation, or $588K, was in salary. Sims also received $145K in bonus and $102K in other compensation.
For fiscal year 2018, the median employee pay was $138,021 at Sotherly Hotels. Therefore, the ratio of Andrew M. Sims' pay to the median employee pay was 6 to one.
Anthony E. Domalski, Chief Financial Officer, received a compensation package of $606K, which increased by 52% compared to previous year. 49% of the compensation package, or $295K, was in salary.
David. R. Folsom, Chief Operating Officer, earned $583K in 2018, a 2% increase compared to previous year.
Related executives
You may also like
Source: SEC filing on March 21, 2019.