Sundar PichaiSundar Pichai earned $164M in 2023
L

T. Wilson Eglin

CEO of LXP Industrial Trust

Education

Not specified

Field of Expertise

Real Estate & Construction - Real Estate

Born

January 1, 1964 - 61 years ago

Economy Sector

Real Estate

Current Tenure

22 years 1 month (Jan 2003 - Present)

Previous Experience

Chief Operating Officer of LXP from October 1993 to December 2010

T. Wilson Eglin is the CEO and President of LXP Industrial Trust, a position he has held since April 2016. With a solid background in finance, he completed his Bachelor's Degree in Business Administration. Under Eglin's leadership, LXP has focused...

Year

2023

Total Compensation

$4.46M

Salary

$825.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on maintaining competitive compensation while promoting accountability and performance.

Bonus

$1.01M

Board Justification

The annual cash incentive opportunity for 2023 was based on a percentage of base salary, with 70% determined by predefined objective performance measures and 30% based on subjective factors.

Other

$16.50K

Board Justification

This includes contributions to the executive officer’s account under the 401(k) Plan and life insurance premiums paid by the company.

Restricted Stock

$2.61M(256.5K common stock)

Board Justification

The stock that vested in 2023 was based on performance-based non-vested shares tied to relative TSR compared to peer groups, with no performance-based shares earned for results below the threshold level.

Performance Metrics

The performance metrics include operational performance measures based on the company's business plan for 2023.