Sunstone Hotel Investors CEO John Arabia's 2019 pay rises 8% to $5.6M
Sunstone Hotel Investors reports 2019 executive compensation
By ExecPay News
Published: March 18, 2020
Sunstone Hotel Investors reported fiscal year 2019 executive compensation information on March 18, 2020.
In 2019, five executives at Sunstone Hotel Investors received on average a compensation package of $2.9M, a 9% increase compared to previous year.
John V. Arabia, Chief Executive Officer, received $5.6M in total, which increased by 8% compared to 2018. 49% of Arabia's compensation, or $2.7M, was in stock awards. Arabia also received $1.7M in non-equity incentive plan, $808K in salary, as well as $275K in other compensation.
For fiscal year 2019, the median employee pay was $203,090 at Sunstone Hotel Investors. Therefore, the ratio of John V. Arabia's pay to the median employee pay was 27 to one.
Marc A. Hoffman, Chief Operating Officer, received a compensation package of $2.8M, which increased by 6% compared to previous year. 48% of the compensation package, or $1.3M, was in stock awards.
Bryan A. Giglia, Chief Financial Officer, earned $2.6M in 2019, a 12% increase compared to previous year.
Robert C. Springer, Chief Investment Officer, received $2.2M in 2019, which increases by 6% compared to 2018.
David M. Klein, General Counsel, earned $1.5M in 2019, a 17% increase compared to previous year.