STAG Industrial CEO Benjamin Butcher's 2018 pay rises 20% to $4.4M
STAG Industrial reports 2018 executive compensation
By ExecPay News
Published: March 20, 2019
STAG Industrial reported fiscal year 2018 executive compensation information on March 20, 2019.
In 2018, five executives at STAG Industrial received on average a compensation package of $2.4M, a 27% increase compared to previous year.
Average pay of disclosed executives at STAG Industrial
Benjamin S. Butcher, Chief Executive Officer, received $4.4M in total, which increased by 20% compared to 2017. 60% of Butcher's compensation, or $2.6M, was in stock awards. Butcher also received $1.1M in non-equity incentive plan, $650K in salary, as well as $24K in other compensation.
For fiscal year 2018, the median employee pay was $163,171 at STAG Industrial. Therefore, the ratio of Benjamin S. Butcher's pay to the median employee pay was 27 to one.
Stephen C. Mecke, Chief Operating Officer, received a compensation package of $2.4M, which increased by 74% compared to previous year. 54% of the compensation package, or $1.3M, was in stock awards.
William R. Crooker, Chief Financial Officer, earned $2M in 2018, a 32% increase compared to previous year.
Jeffrey M. Sullivan, General Counsel, received $1.5M in 2018, which increases by 8% compared to 2017.
David G. King, Executive Vice President and Director of Real Estate Operations, earned $1.4M in 2018, a 9% increase compared to previous year.
Related executives
Benjamin Butcher
STAG Industrial
Chief Executive Officer
William Crooker
STAG Industrial
Chief Financial Officer
Stephen Mecke
STAG Industrial
Chief Operating Officer
Jeffrey Sullivan
STAG Industrial
General Counsel
David King
STAG Industrial
Former Executive Vice President and Director of Real Estate Operations
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Source: SEC filing on March 20, 2019.