Welltower CEO Thomas DeRosa's 2019 pay rises 2% to $13M
Welltower reports 2019 executive compensation
By ExecPay News
Published: March 20, 2020
Welltower reported fiscal year 2019 executive compensation information on March 20, 2020.
In 2019, six Welltower executives received on average a compensation package of $4.9M, a 6% decrease compared to previous year.
Thomas J. DeRosa, Chief Executive Officer, received $13M in total, which increased by 2% compared to 2018. 66% of DeRosa's compensation, or $8.7M, was in stock awards. DeRosa also received $3.3M in non-equity incentive plan, $1.1M in salary, as well as $71K in other compensation.
For fiscal year 2019, the median employee pay was $90,811 at Welltower. Therefore, the ratio of Thomas J. DeRosa's pay to the median employee pay was 145 to one.
Shankh Mitra, Chief Investment Officer, received a compensation package of $5.7M, which increased by 16% compared to previous year. 52% of the compensation package, or $3M, was in stock awards.
Timothy G. McHugh, Chief Financial Officer, earned $3.5M in 2019.
John A. Goodey, Chief Financial Officer, received $2.9M in 2019, which decreases by 20% compared to 2018.
Mercedes T. Kerr, Former Executive Vice President - Business & Relationship Management, earned $2.5M in 2019, a 21% decrease compared to previous year.
Matthew G. McQueen, General Counsel, received $1.9M in 2019, which increases by 14% compared to 2018.
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