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Neinor’s New CEO Earns 58% Less than his Predecesor, Juan Velayos

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The property developer Neinor, which generated profits of €64 million last year, paid the members of its Board of Directors €2.1 million in total. Its directors include illustrious names from the world of real estate, such as Juan Pepa, the strongman behind Lone Star’s expansion plan in Spain, who earned €127,500 last year for his role as a director of the real estate company.

Meanwhile, the independent directors Ricardo Martí Fluxá, Anna Birulés and Alfonso Rodés received €163,000, €133,500 and €126,000, respectively, for their roles on Neinor’s governing body.

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