Weingarten Realty Investors CEO Andrew Alexander's 2020 pay slips 10% to $5.7M
Weingarten Realty Investors reports 2020 executive compensation
By ExecPay News
Published: March 15, 2021
Weingarten Realty Investors reported fiscal year 2020 executive compensation information on March 15, 2021.
In 2020, four executives at Weingarten Realty Investors received on average a compensation package of $2.9M, a 13% decrease compared to previous year.
Andrew M Alexander, Chief Executive Officer, received $5.7M in total, which decreased by 10% compared to 2019. 48% of Alexander's compensation, or $2.7M, was in stock awards. Alexander also received $1.4M of change in pension value and nonqualified deferred compensation earnings, $800K in non-equity incentive plan, $783K in salary, as well as $28K in other compensation.
For fiscal year 2020, the median employee pay was $98,640 at Weingarten Realty Investors. Therefore, the ratio of Andrew M Alexander's pay to the median employee pay was 58 to one.
Stephen C Richter, Chief Financial Officer, received a compensation package of $2.8M, which decreased by 18% compared to previous year. 46% of the compensation package, or $1.3M, was in stock awards.
Emeritus Johnny L Hendrix, Chief Operating Officer, earned $2.7M in 2020, a 14% decrease compared to previous year.
Stanford Alexander, Chairman, received $394K in 2020, which decreases by 3% compared to 2019.