Sundar PichaiSundar Pichai earned $164M in 2023
W

Jason E. Fox

CEO of W.P. Carey Inc.

Born

July 30, 2024 - 0 years ago

Economy Sector

Real Estate

Current Tenure

7 years 1 month (Jan 2018 - Present)

Previous Experience

Unknown

Jason E. Fox has been the CEO of W.P. Carey Inc. since January 1, 2018, after serving as the company's President from 2015 to 2017. He has been part of W.P. Carey since 2002, working his way up from different...

Year

2023

Total Compensation

$2.53M

Salary

$1.00M

Board Justification

The compensation programs are designed to align executive pay with Company performance and to motivate management to make sound financial decisions that increase the value of the Company. A significant portion of compensation is at-risk and tied to performance metrics.

Bonus

$1.50M

Board Justification

The annual cash bonus plan for 2023 included three financial metrics: RE AFFO per share (weighted 70%), Net Debt to Adjusted EBITDA (weighted 20%), and Cash Interest Expense Coverage (weighted 10%). Mr. Fox earned a bonus of 100% of target based on overall Company goals and strategic accomplishments.

Other

$33.00K

Board Justification

This includes contributions to the Company-sponsored profit sharing plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2023 for Mr. Fox.

Performance Metrics

The performance metrics for 2023 included RE AFFO per share, Net Debt to Adjusted EBITDA, and Cash Interest Expense Coverage.