Weingarten Realty Investors CEO Andrew Alexander's 2009 pay jumps 38% to $3.7M
Weingarten Realty Investors reports 2009 executive compensation
By ExecPay News
Published: March 23, 2012
Weingarten Realty Investors reported fiscal year 2009 executive compensation information on March 23, 2012.
In 2009, four executives at Weingarten Realty Investors received on average a compensation package of $2M, a 13% increase compared to previous year.
Andrew M Alexander, Chief Executive Officer, received $3.7M in total, which increased by 38% compared to 2008. 31% of Alexander's compensation, or $1.1M, was of change in pension value and nonqualified deferred compensation earnings. Alexander also received $525K in non-equity incentive plan, $650K in option awards, $700K in salary, $650K in stock awards, as well as $24K in other compensation.
Stanford Alexander, Chairman, received a compensation package of $1.8M, which increased by 6% compared to previous year. 37% of the compensation package, or $675K, was in salary.
Stephen C Richter, Chief Financial Officer, earned $1.4M in 2009, a 30% increase compared to previous year.
Johnny L Hendrix, Chief Operating Officer, received $1.2M in 2009, which increases by 26% compared to 2008.