Weingarten Realty Investors CEO Andrew Alexander's 2008 pay jumps 24% to $2.7M
Weingarten Realty Investors reports 2008 executive compensation
By ExecPay News
Published: March 20, 2009
Weingarten Realty Investors reported fiscal year 2008 executive compensation information on March 20, 2009.
In 2008, five executives at Weingarten Realty Investors received on average a compensation package of $1.8M, a 34% increase compared to previous year.
Average pay of disclosed executives at Weingarten Realty Investors
Andrew M Alexander, Chief Executive Officer, received $2.7M in total, which increased by 24% compared to 2007. 26% of Alexander's compensation, or $700K, was in stock awards. Alexander also received $301K of change in pension value and nonqualified deferred compensation earnings, $280K in non-equity incentive plan, $667K in option awards, $700K in salary, as well as $19K in other compensation.
Martin Debrovner, Chairman, received a compensation package of $2.5M, which increased by 39% compared to previous year. 47% of the compensation package, or $1.2M, was of change in pension value and nonqualified deferred compensation earnings.
Stanford Alexander, Chairman, earned $1.7M in 2008, a 48% increase compared to previous year.
Stephen C Richter, Chief Financial Officer, received $1.1M in 2008, which increases by 25% compared to 2007.
Johnny L Hendrix, Chief Operating Officer, earned $975K in 2008, a 33% increase 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 20, 2009.