Summit Hotel Properties CEO Daniel Hansen's 2019 pay rises 14% to $5M
Summit Hotel Properties reports 2019 executive compensation
By ExecPay News
Published: April 1, 2020
Summit Hotel Properties reported fiscal year 2019 executive compensation information on April 1, 2020.
In 2019, five executives at Summit Hotel Properties received on average a compensation package of $2.4M, a 38% increase compared to previous year.
Average pay of disclosed executives at Summit Hotel Properties
Daniel P. Hansen, Chief Executive Officer, received $5M in total, which increased by 14% compared to 2018. 59% of Hansen's compensation, or $2.9M, was in stock awards. Hansen also received $1.4M in non-equity incentive plan, $700K in salary, as well as $11K in other compensation.
For fiscal year 2019, the median employee pay was $114,566 at Summit Hotel Properties. Therefore, the ratio of Daniel P. Hansen's pay to the median employee pay was 44 to one.
Jonathan P. Stanner, Chief Financial Officer, received a compensation package of $2.2M, which increased by 25% compared to previous year. 52% of the compensation package, or $1.2M, was in stock awards.
Craig J. Aniszewski, Chief Operating Officer, earned $2.2M in 2019, a 10% increase compared to previous year.
Christopher R. Eng, EVP, CRO, GC, received $1.4M in 2019, which increases by 17% compared to 2018.
Paul Ruiz, SVP, CAO, earned $998K in 2019, a 24% increase compared to previous year.
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Source: SEC filing on April 1, 2020.