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Stag Industrial Executive Compensation (FY25)

STAG · Boston, MA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): April 29, 2026
259 figures on this page: 250 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
William Crooker was paid $5,881,152 in total compensation as President and Chief Executive Officer for fiscal 2025, and Crooker's total was 5.4% higher than the $5,580,423 reported for fiscal 2024. The company reported a chief executive pay ratio of 28:1 for fiscal 2025, against median employee compensation of $208,472. For fiscal 2025, shareholders backed the say-on-pay proposal with 97.0% of votes cast for or against in favor at the meeting held April 27, 2026. Companies named in the disclosed peer group include Agree Realty Corporation, Americold Realty Trust, Inc., Brixmor Property Group Inc., Broadstone Net Lease, Inc. and EastGroup Properties, Inc., among others.
Chief executive, fiscal 2025
◇
William Crooker
Latest say-on-pay support
=
April 27, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — William Crooker: $5,580,423 → $5,881,152 (5.4% higher)
Say-on-pay support: 96.2% → 97.0% (0.8 points higher)
CEO pay ratio: 23:1 → 28:1 (21.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Stag Industrial's chief executive and what were they paid?
William Crooker was paid $5,881,152 in total compensation as President and Chief Executive Officer for fiscal 2025. Crooker's total was 5.4% higher than the $5,580,423 reported for fiscal 2024.
What was Stag Industrial's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 97.0% of votes cast for or against in favor at the meeting held April 27, 2026.
Which companies are in Stag Industrial's peer group?
Companies named in the disclosed peer group include Agree Realty Corporation, Americold Realty Trust, Inc., Brixmor Property Group Inc., Broadstone Net Lease, Inc. and EastGroup Properties, Inc., among others.
What is Stag Industrial's chief executive pay ratio?
The company reported a chief executive pay ratio of 28:1 for fiscal 2025, against median employee compensation of $208,472.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Crooker
President and Chief Executive Officer
◇—◇—◇—◇◇
Matts Pinard
Executive Vice President Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Jeffrey Sullivan
Executive Vice President General Counsel and Secretary
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Crooker
President and Chief Executive Officer
◇—◇—◇—◇◇
Steven Kimball
Executive Vice President and Chief Operating Officer
◇—◇—◇—◇◇
Matts Pinard
Executive Vice President Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Michael Chase
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Jeffrey Sullivan
Executive Vice President General Counsel and Secretary
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Crooker
President and Chief Executive Officer
◇—◇—◇—◇◇
Matts Pinard
Executive Vice President Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Michael Chase
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Jeffrey Sullivan
Executive Vice President General Counsel and Secretary
◇—◇—◇—◇◇
Steven Kimball
Executive Vice President and Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Crooker
President and Chief Executive Officer
◇—◇—◇—◇◇
Matts Pinard
Executive Vice President, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Michael Chase
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Jeffrey Sullivan
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
Steven Kimball
Executive Vice President and Chief Operating Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Jeffrey M. SullivanPSU◇—◇—◇—◇
Jeffrey M. SullivanRSU◇——◇——◇
Matts S. PinardPSU◇—◇—◇—◇
Matts S. PinardRSU◇——◇——◇
Michael C. ChaseRSU◇——◇——◇
Michael C. ChasePSU◇—◇—◇—◇
Steven T. KimballRSU◇——◇——◇
Steven T. KimballPSU◇—◇—◇—◇
William R. CrookerRSU◇——◇——◇
William R. CrookerPSU◇—◇—◇—◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jeffrey SullivanPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Matts PinardRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Michael ChaseRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Steven KimballRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
William CrookerRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Larry T. Guillemette
◇◇————◇
Jit Kee Chin
◇◇————◇
Jeffrey D. Furber
◇◇————◇
Michelle S. Dilley
◇◇————◇
Hans S. Weger
◇◇————◇
Christopher P. Marr
◇◇————◇
Francis X. Jacoby III
◇◇————◇
Virgis W. Colbert
◇◇————◇
Vicki Lundy Wilbon
◇◇————◇
Benjamin S. Butcher and William R. Crooker served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as LTIP units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Agree Realty Corporation ADC
  • Americold Realty Trust, Inc. COLD
  • Brixmor Property Group Inc. BRX
  • Broadstone Net Lease, Inc. BNL
  • EastGroup Properties, Inc. EGP
  • First Industrial Realty Trust, Inc. FR
  • Innovative Industrial Properties, Inc. IIPR
  • LXP Industrial Trust LXP
  • NNN REIT, Inc. NNN
  • Omega Healthcare Investors, Inc. OHI
  • Park Hotels & Resorts Inc. PK
  • Plymouth Industrial REIT, Inc. PLYM
  • Prologis, Inc. PLD
  • Rexford Industrial Realty, Inc. REXR
  • Sabra Health Care REIT, Inc. SBRA
  • Terreno Realty Corporation TRNO

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 27, 2026=◇◇◇
2024April 28, 2025=◇◇◇
2023April 29, 2024=◇◇◇
2022April 25, 2023=◇◇◇
2020May 3, 2021=◇◇◇
2019April 29, 2020=◇◇◇
2018April 29, 2019=◇◇◇
2017April 30, 2018=◇◇◇
2016May 1, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Stag Industrial disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Stag Industrial sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
259 figures on this page: 250 cited to the filing that reported them, 9 calculated from figures it prints.
250 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001479094-26-000019
  2. 0001104659-26-031046
    BOARD COMPENSATION FOR · Director Compensation table · OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END 2025 · PAY RATIO DISCLOSURE · and 1 more section
  3. 0001104659-25-042569
  4. 0001104659-25-025587
    Grants of Plan-Based Awards · Summary Compensation Table
  5. 0001479094-24-000017
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001104659-24-036729
    Summary Compensation Table
  7. 0001479094-23-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001104659-23-033309
    Summary Compensation Table
  9. 0001104659-21-063084
  10. 0001479094-20-000016
  11. 0001479094-19-000012
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001479094-18-000020
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001479094-17-000014
    Item 5.07 Submission of Matters to a Vote of Security Holders
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This page is free to cite. Attribution we ask for:
Velarion, “Stag Industrial executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/STAG (accessed 2026).
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Real Estate rankings

Chief executive pay — Real EstateCEO pay ratio — Real EstateSay-on-pay support — Real Estate

Peers Stag Industrial discloses

The companies named in STAG's own disclosed peer group.

Agree Realty CorporationAmericold Realty Trust, Inc.Brixmor Property Group Inc.Broadstone Net Lease, Inc.EastGroup Properties, Inc.First Industrial Realty Trust, Inc.Innovative Industrial Properties, Inc.LXP Industrial TrustNNN REIT, Inc.Omega Healthcare Investors, Inc.Park Hotels & Resorts Inc.Plymouth Industrial REIT, Inc.Prologis, Inc.Rexford Industrial Realty, Inc.Sabra Health Care REIT, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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