Weingarten Realty Investors CEO Andrew Alexander's 2007 pay slips 9% to $2.1M

Weingarten Realty Investors reports 2007 executive compensation

By ExecPay News

Published: March 26, 2008

Weingarten Realty Investors reported fiscal year 2007 executive compensation information on March 26, 2008.
In 2007, five executives at Weingarten Realty Investors received on average a compensation package of $1.3M, a 23% decrease compared to previous year.
Average pay of disclosed executives at Weingarten Realty Investors
Andrew M Alexander, Chief Executive Officer, received $2.1M in total, which decreased by 9% compared to 2006. 42% of Alexander's compensation, or $905K, was of change in pension value and nonqualified deferred compensation earnings. Alexander also received $510K in non-equity incentive plan, $700K in salary, as well as $30K in other compensation.
Martin Debrovner, Chairman, received a compensation package of $1.8M, which decreased by 26% compared to previous year. 41% of the compensation package, or $744K, was of change in pension value and nonqualified deferred compensation earnings.
Stanford Alexander, Chairman, earned $1.2M in 2007, a 50% decrease compared to previous year.
Stephen C Richter, Chief Financial Officer, received $847K in 2007, which decreases by 1% compared to 2006.
Johnny L Hendrix, Executive Vice President Asset Management, earned $735K in 2007, a 2% decrease compared to previous year.

Related executives

Martin Debrovner

Weingarten Realty Investors

Chairman

Andrew Alexander

Weingarten Realty Investors

Chief Executive Officer

Stanford Alexander

Weingarten Realty Investors

Chairman

Johnny Hendrix

Weingarten Realty Investors

Chief Operating Officer

Stephen Richter

Weingarten Realty Investors

Chief Financial Officer

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Source: SEC filing on March 26, 2008.