Starwood 2015 Annual Report Download - page 34
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Please find page 34 of the 2015 Starwood annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Table of Contents
2015 Summary Compensation Table
The table below sets forth a summary of the compensation earned by the named executive officers for up to the past three years, as applicable:
Name and Principal
Position Year
Salary
($) (1)
Bonus
($) (2)
Stock
Awards
($) (3)
Option
Awards
($)
Non-Equity
Incentive
Plan
Compensa-
tion
($) (4)
All Other
Compensa-
tion
($) (5)
Total
($)
Thomas B. Mangas
Chief Executive Officer
(Former Chief Financial
Officer)
2015
2014
701,042
180,303
—
675,000
2,444,181
2,000,036
—
—
847,875
43,750
79,173
—
4,072,271
2,899,089
Martha C. Poulter
Chief Information Officer
2015
2014
700,000
365,909
—
500,000
1,912,838
3,000,038
—
—
714,000
700,000
—
—
3,326,838
4,565,947
Sergio D. Rivera
President,
The Americas
2015 749,696 — 1,890,270 — 774,248 59,784 3,473,998
2014 747,246 — 3,659,416 — 737,810 56,083 5,200,555
2013 732,830 — 1,676,062 — 742,346 116,495 3,267,733
Alan M. Schnaid
Chief Financial Officer
2015 399,969 160,000 410,030 __ 292,400 31,101 1,293,500
2014 391,787 127,748 358,068 — 268,271 10,400 1,156,274
Simon M. Turner
President, Global
Development
2015 766,785 — 2,444,181 — 821,227 62,624 4,094,817
2014 766,785 — 3,171,992 — 766,785 59,089 4,764,651
2013 766,785 — 3,210,698 — 793,815 10,200 4,781,498
Adam M. Aron
Former Interim Chief
Executive Officer
2015
925,051
—
4,973,354
—
2,040,000
89,861
8,028,266
Frits van Paasschen
Former President and
Chief Executive Officer
2015 304,483 — — — — 7,972,720 8,277,203
2014 1,250,000 — 8,695,815 — 1,875,000 181,128 12,001,943
2013 1,250,000 — 7,056,200 — 2,528,750 78,744 10,913,694
(1) Representssalaryactuallyearnedduringthefiscalyearlisted.
(2) Representsfor2015paymentof50%ofMr.Schnaid’sJuly2014cashretentionawardthatwasearnedforremainingemployedwiththeCompanythroughthesixmonth
periodfollowingthepaymentofthefirst50%oftheawardfollowingthehiringofMr.Mangasin2014.SeesectionentitledOther Cash Payments or Awards abovein
thisreportforfurtherinformationofMr.Schnaid’scashretentionaward.
(3) Representsfor2015theaggregategrantdatefairvalueforrestrictedstockandperformanceshareawardsgrantedduringtheyear(or,forMr.Aron,thedirectorstock
award for his service during the first quarter of 2015 and his award of unrestricted common stock he received pursuant to his separation agreement) computed in
accordancewithFinancialAccountingStandardsBoardAccountingStandardsCodificationTopic718,orASC718.Foradditionalinformation,refertoNote20ofour
financialstatementsfiledwiththeSECaspartoftheForm10-KfortheyearendedDecember31,2015.Theseamountsreflectthegrantdatefairvaluefortheseawards
anddonotcorrespond totheactualvaluethatwillberealizedbythenamedexecutiveofficers.Amountsreportedfortheperformanceshareawardsarebasedonthe
probableoutcomeoftheapplicablemarketcondition(relativetotalstockholderreturn).Thereisnograntdatefairvaluebeloworinexcessofthereportedamountsfor
theperformanceshares.Seethe2015 Grants of Plan-Based Awards Table belowinthisreportformoreinformationonawardsgrantedin2015.
(4) Represents for 2015 cash incentive awards paid in March 2016 with respect to performance in 2015, as discussed under the section entitled 2015 Incentive
Compensation aboveinthisreport.
(5) The amounts reported in “All Other Compensation” for 2015 include our contributions to the Savings Plan of $10,600 for each named executive officer with the
exceptionofMr.Mangas,Mr.Aron,Ms.PoulterandMr.vanPaasschen,ourcontributionstotheStarwoodSavingsRestorationPlanof$49,184forMr.Rivera,$20,501
for Mr. Schnaid, and $52,024 for Mr. Turner, relocation assistance for Mr. Mangas and Mr. Aron of $79,173 and $60,587, respectively, chauffeured car service for
Mr.vanPaasschenof$14,439andpersonalaircraftusageandspousaltravelvalueforMr.vanPaasschen
(Mr.Arondidnotincuranypersonalaircraftusagevalue).ForMr.Aron,theamountalsoincludes$18,750relatedtoSPG
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