STAG Industrial CEO Benjamin Butcher's 2021 pay rises 6% to $4.4M
STAG Industrial reports 2021 executive compensation
By ExecPay News
Published: March 23, 2022
STAG Industrial reported fiscal year 2021 executive compensation information on March 23, 2022.
In 2021, five executives at STAG Industrial received on average a compensation package of $2.6M, a 17% 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 6% compared to 2020. 58% of Butcher's compensation, or $2.6M, was in stock awards. Butcher also received $1.2M in non-equity incentive plan, $650K in salary, as well as $28K in other compensation.
For fiscal year 2021, the median employee pay was $251,646 at STAG Industrial. Therefore, the ratio of Benjamin S. Butcher's pay to the median employee pay was 18 to one.
David G. King, Former Executive Vice President and Director of Real Estate Operations, received a compensation package of $2.5M, which increased by 78% compared to previous year. 53% of the compensation package, or $1.3M, was in other compensation.
Stephen C. Mecke, Chief Operating Officer, earned $2.3M in 2021, a 6% increase compared to previous year.
William R. Crooker, Chief Financial Officer, received $2.3M in 2021, which increases by 15% compared to 2020.
Jeffrey M. Sullivan, General Counsel, earned $1.5M in 2021, a 7% 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 23, 2022.