Ross H. Bierkan served as the President and CEO of RLJ Lodging Trust from August 2016 until his retirement in August 2018. His leadership came during a pivotal time for the company, focusing on hospitality and asset management. In 2017,...

Number of Employees

79

Year

2018

Total Compensation

$1.20M

Salary

$453.65K

Board Justification

The compensation philosophy aligns executive pay with company performance and shareholder interests, focusing on performance-based incentives.

Bonus

$708.56K

Board Justification

The annual cash bonus for Mr. Bierkan was based on corporate performance metrics, with a payout of 105% of his target bonus due to the company's performance during the year.

Other

$38.52K

Board Justification

Other compensation includes health benefits and 401(k) match contributions for the year.

Restricted Stock

$0.00(0 N/A)

Board Justification

Mr. Bierkan did not receive any annual time-based equity awards or multi-year performance equity awards in February 2019 due to his retirement.

Performance Metrics

The performance metrics for the cash bonus were based on the achievement of pre-established corporate objectives.

SEC Filing

From April 1, 2019