CEO Total Pay
$2.4M
FY2024 Summary Compensation
FY2024 data Public-data reference. official source
City Office REIT, Inc.
Data updated July 2026
Open-data reference.
Holding & Investment Offices · A1 · FY2024
CEO-to-Worker Pay Ratio
10:1
Below Average (Scale: 0–1000:1)
CEO Pay
$2.4M
Median Worker
$241,377
A component-level pay breakdown (salary, bonus, equity, perks, pension) is not reported in City Office REIT, Inc.'s structured SEC pay-ratio disclosure. Only the CEO-to-median-worker ratio is required under Dodd-Frank §953(b); see our methodology for what each filing does and doesn't disclose.
City Office REIT, Inc., a holding & investment offices company, reported a CEO-to-worker pay ratio of 10:1 in FY2024. The CEO received total compensation of $2.4M, while the median employee earned $241,377 annually. This is below the Holding & Investment Offices industry median of 58:1 across 74 companies. Data sourced from SEC EDGAR proxy (DEF 14A) filings.
CEO Compensation Breakdown, FY2024
A component-level pay breakdown is not reported in City Office REIT, Inc.'s structured SEC pay-ratio disclosure. See our methodology →
Industry Comparison - Holding & Investment Offices
This Company's Ratio
10:1
Industry Median Ratio
58:1
Industry Median CEO Pay
$7.5M
This CEO's Pay
$2.4M
Companies in Industry
74
vs. Industry Median
Below
Understanding This Pay Ratio
City Office REIT, Inc.'s CEO-to-worker pay ratio of 10:1 means that the CEO earned 10 times more than the company's median employee in FY2024.
The median employee at City Office REIT, Inc. earned $241,377 annually. At that wage, it would take a median employee approximately 10 years to earn what the CEO earned in a single year.
Why cross-company pay-ratio comparisons need caution
SEC rules let each company choose its own methodology for identifying the "median employee" (measurement date, statistical sampling, whether part-time pay is annualized, and a de minimis exemption for up to 5% of non-U.S. employees), so a higher ratio doesn't automatically mean less-fair pay practices, it can also reflect workforce mix (a large offshore, outsourced, or part-time-heavy workforce lowers the reported median and raises the ratio for reasons unrelated to CEO compensation itself).
Pay Ratio
10:1
Below typical industry median
What This 2024 Filing Tells Us About City Office REIT, Inc.
According to the 2024 DEF 14A proxy statement filed with the SEC, City Office REIT, Inc. (CIK 1593222) reported the CEO's total compensation at $2.4M. The proxy statement's structured pay-ratio disclosure reports this total but does not break it down by salary, bonus, equity, or other components. The median employee at the firm, the reference point mandated by Section 953(b) of the Dodd-Frank Act, earned $241,377 over the same fiscal year, producing the headline CEO-to-worker pay ratio of 10:1 that this page tracks.
City Office REIT, Inc. operates in the Holding & Investment Offices sector and is headquartered in A1. Across the Holding & Investment Offices industry (SIC 67), 74 SEC-reporting companies disclosed pay ratios in FY2025, with a median of 58:1 and an average of 85:1. Median industry CEO pay was $7.5M, so City Office REIT, Inc.'s $2.4M sits at or below that typical figure.
This proxy was filed on 2025-03-12; all figures on this page come directly from that public filing and can be verified against the DEF 14A on the SEC EDGAR system.
What these SEC numbers do and do not include
Total compensation reported under Item 402 of Regulation S-K reflects grant-date fair value for equity awards, not realized pay, so a CEO may eventually cash in more, or less, depending on stock performance and vesting. The pay ratio itself is calculated against a single median employee chosen under rules that allow statistical sampling, and companies may update methodology year to year.
Key Data, FY2024
- CEO
- Not disclosed
- Total Compensation
- $2.4M
- Median Employee Pay
- $241,377
- Pay Ratio
- 10:1
- Filing Date
- 2025-03-12
Company Info
- CIK
- 1593222
- Industry
- Holding & Investment Offices
- SIC Code
- 6798
- State
- A1
Data Source: This data is sourced from SEC EDGAR proxy statement (DEF 14A) filings. PlainCEOPay provides this publicly available information for informational purposes only. Not investment or financial advice. Verify with official SEC filings at sec.gov.
Frequently Asked Questions
What is the CEO pay ratio at City Office REIT, Inc.? ▼
City Office REIT, Inc.'s CEO-to-worker pay ratio is 10:1. The CEO earned $2.4M in FY2024, while the median employee earned $241,377.
How much does City Office REIT, Inc.'s CEO earn? ▼
The CEO of City Office REIT, Inc. earned total compensation of $2.4M in fiscal year 2024, according to SEC proxy filings.
How does City Office REIT, Inc.'s pay ratio compare to its industry? ▼
City Office REIT, Inc.'s pay ratio of 10:1 is below the Holding & Investment Offices industry median of 58:1. The industry has 74 companies reporting pay ratios.
Where does City Office REIT, Inc.'s CEO pay data come from? ▼
All executive compensation data is sourced from SEC EDGAR DEF 14A proxy statement filings. Companies are required by the Dodd-Frank Act to disclose CEO-to-median-worker pay ratios annually. PlainCEOPay aggregates this publicly available data for easy comparison.
What is included in the CEO's total compensation? ▼
PlainCEOPay reports the CEO total-compensation figure disclosed with the company's pay-ratio filing. The current dataset does not extract its underlying Summary Compensation Table line items, so this page does not provide a salary, bonus, equity, or other-component breakdown.
How long would it take a median City Office REIT, Inc. employee to earn the CEO's pay? ▼
At a median salary of $241,377, it would take the typical City Office REIT, Inc. employee approximately 10 years to earn what the CEO earned in a single year ($2.4M in FY2024).
Read our methodology - how this data is sourced, computed, and verified.
Related
Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCEOPay
Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed July 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.
Every figure on PlainCEOPay is rendered directly from SEC EDGAR executive compensation filings, no number is typed in by an editor. Executive pay figures are computed directly from SEC EDGAR filings, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.