W. P. Carey CEO Jason Fox's 2021 pay jumps 36% to $10M
W. P. Carey reports 2021 executive compensation
By ExecPay News
Published: March 28, 2022
W. P. Carey reported fiscal year 2021 executive compensation information on March 28, 2022.
In 2021, five executives at W. P. Carey received on average a compensation package of $4.8M, a 34% increase compared to previous year.
Jason E. Fox, Chief Executive Officer, received $10M in total, which increased by 36% compared to 2020. 70% of Fox's compensation, or $7.1M, was in stock awards. Fox also received $2.2M in non-equity incentive plan, $800K in salary, as well as $29K in other compensation.
For fiscal year 2021, the median employee pay was $162,508 at W. P. Carey. Therefore, the ratio of Jason E. Fox's pay to the median employee pay was 62 to one.
John J. Park, President, received a compensation package of $4.2M, which increased by 31% compared to previous year. 52% of the compensation package, or $2.2M, was in stock awards.
ToniAnn Sanzone, Chief Financial Officer, earned $3.8M in 2021, a 40% increase compared to previous year.
Gino M. Sabatini, Head of Investments, received $3.4M in 2021, which increases by 34% compared to 2020.
Brooks G. Gordon, Head of Asset Management, earned $2.4M in 2021, a 21% increase compared to previous year.