Spirit Realty Capital CEO Jackson Hsieh's 2021 pay jumps 52% to $13M
Spirit Realty Capital reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
Spirit Realty Capital reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, four executives at Spirit Realty Capital received on average a compensation package of $5.3M, a 48% increase compared to previous year.
Average pay of disclosed executives at Spirit Realty Capital
Jackson Hsieh, Chief Executive Officer, received $13M in total, which increased by 52% compared to 2020. 68% of Hsieh's compensation, or $8.5M, was in stock awards. Hsieh also received $3.1M in non-equity incentive plan, $901K in salary, as well as $53K in other compensation.
For fiscal year 2021, the median employee pay was $122,763 at Spirit Realty Capital. Therefore, the ratio of Jackson Hsieh's pay to the median employee pay was 102 to one.
Michael Hughes, Chief Financial Officer, received a compensation package of $3.2M, which increased by 43% compared to previous year. 55% of the compensation package, or $1.8M, was in stock awards.
Ken Heimlich, Chief Investment Officer, earned $2.7M in 2021, a 43% increase compared to previous year.
Jay Young, Chief Administrative Officer, received $2.6M in 2021, which increases by 43% compared to 2020.
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Source: SEC filing on April 8, 2022.