Weingarten Realty Investors CEO Andrew Alexander's 2019 pay jumps 34% to $6.4M
Weingarten Realty Investors reports 2019 executive compensation
By ExecPay News
Published: March 18, 2020
Weingarten Realty Investors reported fiscal year 2019 executive compensation information on March 18, 2020.
In 2019, four executives at Weingarten Realty Investors received on average a compensation package of $3.3M, a 36% increase compared to previous year.
Average pay of disclosed executives at Weingarten Realty Investors
Andrew M Alexander, Chief Executive Officer, received $6.4M in total, which increased by 34% compared to 2018. 53% of Alexander's compensation, or $3.4M, was in stock awards. Alexander also received $1.3M of change in pension value and nonqualified deferred compensation earnings, $945K in non-equity incentive plan, $700K in salary, as well as $27K in other compensation.
For fiscal year 2019, the median employee pay was $96,414 at Weingarten Realty Investors. Therefore, the ratio of Andrew M Alexander's pay to the median employee pay was 66 to one.
Stephen C Richter, Chief Financial Officer, received a compensation package of $3.4M, which increased by 42% compared to previous year. 49% of the compensation package, or $1.7M, was in stock awards.
Emeritus Johnny L Hendrix, Chief Operating Officer, earned $3.1M in 2019, a 36% increase compared to previous year.
Stanford Alexander, Chairman, received $407K in 2019, which increases by 40% compared to 2018.
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Source: SEC filing on March 18, 2020.