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.
Average pay of disclosed executives at Welltower
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.

Related executives

Thomas DeRosa

Welltower

Chief Executive Officer

Shankh Mitra

Welltower

Chief Executive Officer

Timothy McHugh

Welltower

Chief Financial Officer

Matthew McQueen

Welltower

General Counsel

John Goodey

Welltower

Chief Financial Officer

Mercedes Kerr

Welltower

Former Executive Vice President - Business & Relationship Management

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Source: SEC filing on March 20, 2020.