First Industrial Realty Trust: Pay

First Industrial Realty Trust paid its 5 named executives $19.4M in total in FY2025 (Dec). CEO Peter E. Baccile was paid $8.3M of that.

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Peter E. BaccilePresident and Chief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Johannson L. YapChief Investment Officer and Executive Vice President — West Region
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Peter O. SchultzExecutive Vice President — East Region
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Scott A. MusilChief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Jennifer E. Matthews RiceGeneral Counsel and Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years

CEO pay against the pay peers

In FY2025 (Dec), the median CEO pay of the 7 peers with pay on file was $11.0M. The CEO of First Industrial Realty Trust was paid $8.3M, 24% below the median.

  1. 1Rexford Industrial Realty
  2. 2Macerich
  3. 3Healthcare Realty Trust
  4. 4Agree Realty
  5. 5Eastgroup Properties
  6. 6First Industrial Realty Trust
  7. 7Kite Realty Group Trust
  8. 8Americold Realty Trust
  9. 9Brixmor Property GroupNot disclosed
  10. 10CubeSmartNot disclosed
  11. 11LXP Industrial TrustNot disclosed
  12. 12Omega Healthcare InvestorsNot disclosed
  13. 13STAG IndustrialNot disclosed
  14. 14Terreno RealtyNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.