Sundar PichaiSundar Pichai earned $164M in 2023
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Albert Behler

CEO of PARAMOUNT GROUP

Education

Master's degree in Engineering from the University of Stuttgart.

Field of Expertise

Real Estate & Construction - Real Estate

Born

March 15, 1957 - 67 years ago

Economy Sector

Real Estate

Current Tenure

10 years 3 months (Nov 2014 - Present)

Previous Experience

Led the company and its predecessor for over 27 years.

Albert Behler is the CEO of Paramount Group, Inc., a real estate company he has been leading since 2014. With over 29 years of experience in the real estate field, he previously held various leadership roles at Thyssen, a large...

Year

2023

Total Compensation

$2.99M

Salary

$1.10M

Board Justification

The compensation philosophy aims to align executive compensation with long-term stockholder value creation, focusing on performance-based incentives and retention strategies.

Bonus

$1.67M

Board Justification

The bonus is based on the achievement of corporate and individual performance objectives for the year 2023, with a target amount of at least 150% of base salary.

Other

$214.41K

Board Justification

Other compensation includes life insurance, long-term disability insurance, and reimbursement for club memberships.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the focus was on performance-based equity awards that are contingent on achieving specific performance metrics.

Performance Metrics

Performance metrics include Core FFO per share, square footage of signed leases, same store leased occupancy, corporate overhead, and fundraising.