Welltower CEO Thomas DeRosa's 2018 pay jumps 22% to $13M
Welltower reports 2018 executive compensation
By ExecPay News
Published: March 22, 2019
Welltower reported fiscal year 2018 executive compensation information on March 22, 2019.
In 2018, five Welltower executives received on average a compensation package of $5.3M, a 34% increase compared to previous year.
Average pay of disclosed executives at Welltower
Thomas J. DeRosa, Chief Executive Officer, received $13M in total, which increased by 22% compared to 2017. 64% of DeRosa's compensation, or $8.2M, was in stock awards. DeRosa also received $3.5M in non-equity incentive plan, $1.1M in salary, as well as $64K in other compensation.
For fiscal year 2018, the median employee pay was $91,803 at Welltower. Therefore, the ratio of Thomas J. DeRosa's pay to the median employee pay was 140 to one.
Shankh Mitra, Chief Investment Officer, received a compensation package of $4.9M, which increased by 89% compared to previous year. 46% of the compensation package, or $2.3M, was in stock awards.
John A. Goodey, Chief Financial Officer, earned $3.6M in 2018, a 16% increase compared to previous year.
Mercedes T. Kerr, Executive Vice President - Business & Relationship Management, received $3.1M in 2018, which decreases by 24% compared to 2017.
Matthew G. McQueen, General Counsel, earned $1.7M in 2018, a 32% increase compared to previous year.
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Source: SEC filing on March 22, 2019.