Sundar PichaiSundar Pichai earned $164M in 2023

H. Eric Bolton, Jr. has been the CEO of Mid-America Apartment Communities, Inc. (MAA) since 2001 and has been with the company since 1994. He first joined as Vice President of Development and quickly climbed the ranks to become Chief...

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H. Eric Bolton, Jr.

Ex-CEO of Mid-America Apartment Communities

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

CEO of Mid-America Apartment Communities for

19 years 0 months (Mar 2006 - Apr 2025)

Previous Experience

President and Chief Executive Officer of Mid-America Apartment Communities, Inc.

Holdings

See how much did H. Eric Bolton, Jr. make over time.

H. Eric Bolton's wealth has fluctuated significantly over the years, with his insider trading pointing to holdings peaking at approximately $64 million in December 2021. This came after a series of successful months for MAA, where values consistently climbed, reflecting...

Total Stock Sold

$7.70M

MAA

$7.70M

55,829 MAA shares

What if they kept their stock?

If H. Eric Bolton, Jr. didn't sell their stock, today they would have:
Extra MAA55,829 shares worth $6.40M.
This is -16.9% and $1.30M less than what they got when they sold the stock.

Charitable Transactions

MAA

10,934 shares

MAA

Recent Charitable Transactions

MAA

6,418 shares

MAA

Dec 10, 2020

Charity

MAA

4,516 shares

MAA

Nov 6, 2019

Charity

Insider Trading

See recent insider trades of H. Eric Bolton, Jr..

MAA

5,295 shares

MAA

Jan 4, 2025

Received

MAA

$333.08K

MAA at $126.07/share

Apr 3, 2024

Sale

MAA

$512.64K

MAA at $126.86/share

Apr 1, 2024

Sale

MAA

30,635 shares

MAA

Apr 1, 2024

Received

MAA

$524.49K

MAA at $130.21/share

Jan 11, 2024

Sale

MAA

8,609 shares

MAA

Jan 4, 2024

Received

MAA

26,796 shares

MAA

Apr 3, 2023

Received

MAA

$150.00K

MAA at $153.85/share

Jan 4, 2023

Sale

MAA

6,388 shares

MAA

Jan 4, 2023

Received

MAA

$1.64M

MAA at $213.19/share

Apr 1, 2022

Sale

Compensation History

See how much did H. Eric Bolton, Jr. make over time.

In 2023, H. Eric Bolton's total compensation reached about $8.18 million, which was predominantly in cash due to a focus on performance-based incentives. His salary was around $914,723, and he received a substantial bonus of $1.74 million linked to the company's performance metrics, particularly emphasizing Core FFO per share and same-store NOI growth. Bolton's compensation structure shows a clear preference for short-term incentives aimed at rewarding effective leadership and strategic execution over long-term equity awards. This reflects a modern trend in executive compensation, promoting immediate results for shareholders rather than relying heavily on stock options or equity that may or may not materialize based on market performance. Over the years, Bolton's pay has varied, but the consistent strategy showcases his commitment to aligning his interests with those of the company's stakeholders.

Year

2023

Total Compensation

$2.82M

Salary

$914.72K

Board Justification

The compensation philosophy aims to attract, retain, and motivate high-quality leadership while aligning executive compensation with company performance and shareholder interests.

Bonus

$1.74M

Board Justification

Short-term incentive compensation based on performance metrics including Core FFO per share and SS NOI Growth for 2023.

Other

$166.01K

Board Justification

Includes matching contributions made by MAA to the Executive Deferred Compensation Plan and 401(K) Plan.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

Core FFO per Share and Same Store NOI Growth metrics were used to determine the bonus for 2023.

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