Spirit Realty Capital CEO Jackson Hsieh's 2019 pay slips 20% to $9.7M
Spirit Realty Capital reports 2019 executive compensation
By ExecPay News
Published: April 24, 2020
Spirit Realty Capital reported fiscal year 2019 executive compensation information on April 24, 2020.
In 2019, four executives at Spirit Realty Capital received on average a compensation package of $4M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Spirit Realty Capital
Jackson Hsieh, Chief Executive Officer, received $9.7M in total, which decreased by 20% compared to 2018. 59% of Hsieh's compensation, or $5.8M, was in stock awards. Hsieh also received $3M in non-equity incentive plan, $900K in salary, as well as $55K in other compensation.
For fiscal year 2019, the median employee pay was $87,754 at Spirit Realty Capital. Therefore, the ratio of Jackson Hsieh's pay to the median employee pay was 111 to one.
Michael Hughes, Chief Financial Officer, received a compensation package of $2.4M, which decreased by 10% compared to previous year. 44% of the compensation package, or $1.1M, was in stock awards.
Ken Heimlich, Executive Vice President, Asset Management, earned $2.1M in 2019, which is about the same as previous year.
Jay Young, General Counsel, received $1.9M in 2019, which decreases by 12% compared to 2018.
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Source: SEC filing on April 24, 2020.