Sunstone Hotel Investors CEO John Arabia's 2020 pay slips 19% to $4.5M
Sunstone Hotel Investors reports 2020 executive compensation
By ExecPay News
Published: March 17, 2021
Sunstone Hotel Investors reported fiscal year 2020 executive compensation information on March 17, 2021.
In 2020, five executives at Sunstone Hotel Investors received on average a compensation package of $2.4M, a 20% decrease compared to previous year.
Average pay of disclosed executives at Sunstone Hotel Investors
John V. Arabia, Chief Executive Officer, received $4.5M in total, which decreased by 19% compared to 2019. 62% of Arabia's compensation, or $2.8M, was in stock awards. Arabia also received $600K in non-equity incentive plan, $857K in salary, as well as $258K in other compensation.
For fiscal year 2020, the median employee pay was $224,395 at Sunstone Hotel Investors. Therefore, the ratio of John V. Arabia's pay to the median employee pay was 20 to one.
Marc A. Hoffman, Chief Operating Officer, received a compensation package of $2.2M, which decreased by 20% compared to previous year. 56% of the compensation package, or $1.2M, was in stock awards.
Bryan A. Giglia, Chief Financial Officer, earned $2.1M in 2020, a 20% decrease compared to previous year.
Robert C. Springer, Chief Investment Officer, received $1.8M in 2020, which decreases by 20% compared to 2019.
David M. Klein, General Counsel, earned $1.2M in 2020, a 18% decrease compared to previous year.
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Source: SEC filing on March 17, 2021.