General Growth Properties paid CEO Sandeep Mathrani $39.2M last year, much of it connected to his new employment agreement signed in February 2015.
Most of that money is in the form of a $25M stock award that will fully vest in 2020, Bloomberg reports. His other pay includes a $1.2M salary, a $3M bonus and another $10M stock award, just for good measure.
The Chicago based shopping mall owner hired Mathrani as CEO in 2010 while it was in the midst of exiting the largest real estate bankruptcy in US history. [Bloomberg]
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories
)
)
)
)
)
)
)
)
)
)
)
)