Christian Ulbrich serves as the Chief Executive Officer of Jones Lang LaSalle (JLL) since October 1, 2016. He has a strong background in real estate and business administration, holding a Diplom Kaufmann degree from the University of Hamburg. His journey...

Christian Ulbrich serves as the Chief Executive Officer of Jones Lang LaSalle (JLL) since October 1, 2016. He has a strong background in real estate and business administration, holding a Diplom Kaufmann degree from the University of Hamburg. His journey with JLL started in 2005 when he was the Managing Director for the German segment. By 2009, he became the CEO for the Europe, Middle East, and Africa (EMEA) region. Notably, Ulbrich is also on the board of Vonovia SE, which is Germany’s largest residential real estate company. A key aspect of his leadership style is focusing on performance metrics that significantly align with JLL’s overall success. In 2023, he received a total compensation of over $12.3 million, marking a notable increase in his long-term incentives, showcasing the company's upward trajectory. Interestingly, Ulbrich has consistently increased his insider holdings at JLL, showing his confidence in the company's future. His commitment to JLL's growth is reflected in his substantial bonuses tied to the firm's performance, indicating a deep alignment with shareholder interests.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Jones Lang LaSalle CEOs

J

Christian Ulbrich

CEO of Jones Lang LaSalle

Education

Diplom Kaufmann degree in Business Administration from the University of Hamburg

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

January 1, 1967 - 58 years ago

CEO of Jones Lang LaSalle for

8 years 6 months (Oct 2016 - Present)

Previous Experience

CEO for EMEA, Managing Director of German business, various roles in banks.

Rivals

Competitors/colleagues of Christian Ulbrich

C

Robert E. Sulentic

CEO of CBRE Group

2023 Compensation

Stock

$0.00

Salary

$1.25M

Bonus

$2.35M

Other

$6.00K

Total Holdings

$165.57M

M

Hessam Nadji

CEO of Marcus & Millichap

2023 Compensation

Stock

$2.46M

Salary

$700.00K

Bonus

$811.85K

Other

$8.50K

Total Holdings

$7.82M

W

William M. Walker

CEO of Walker & Dunlop

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$350.00K

Other

$0.00

Total Holdings

$78.54M

N

Barry M. Gosin

Founder and CEO of Newmark Group, Inc.

2023 Compensation

Stock

$40.00M

Salary

$1.00M

Bonus

$6.50M

Other

$238.74K

Total Holdings

$52.32M

Holdings

See how much did Christian Ulbrich make over time.

Christian Ulbrich's insider trading activity reveals a significant increase in his holdings within JLL over the years. From mid-2019, we see steady growth in his holdings, peaking at $33.86 million in September 2024. This reflects both his deepening commitment to...

Christian Ulbrich's insider trading activity reveals a significant increase in his holdings within JLL over the years. From mid-2019, we see steady growth in his holdings, peaking at $33.86 million in September 2024. This reflects both his deepening commitment to JLL and his confidence in the company's success. The trend shows his wealth in JLL holdings noticeably rising, demonstrating a long-term strategic investment approach. In contrast, there was a dip in holdings due to market fluctuations, but he managed to regain value quickly, which is a positive sign of sustained growth potential within the company. His active participation in the stock indicates his role is not just managerial; it's also personal. Ulbrich's strategic decisions have a direct impact on his financial health and align with the interests of JLL's shareholders.

Mar 18, 2025

J

shares

JLL @ $248.21

Total Stock Sold

$730.65K

JLL

$730.65K

5,852 JLL shares

What if they kept their stock?

If Christian Ulbrich didn't sell their stock, today they would have:
Extra JLL5,852 shares worth $651.04K.
This is -10.9% and $79.61K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Christian Ulbrich.

JLL

25,151 shares

JLL

Mar 31, 2024

Received

JLL

46,911 shares

JLL

Mar 31, 2023

Received

JLL

28,485 shares

JLL

Mar 11, 2022

Received

JLL

$97.75K

JLL at $97.75/share

Feb 12, 2016

Purchase

JLL

$170.15K

JLL at $170.15/share

May 18, 2015

Sale

JLL

$161.30K

JLL at $161.30/share

Mar 18, 2015

Sale

JLL

$125.10K

JLL at $125.10/share

Jul 2, 2012

Sale

JLL

$91.07K

JLL at $81.90/share

Jan 3, 2012

Sale

JLL

$178.35K

JLL at $102.50/share

Feb 16, 2011

Sale

Compensation History

See how much did Christian Ulbrich make over time.

In 2023, Christian Ulbrich's total compensation at JLL was around $12.3 million. This comprised a base salary of about $1.03 million and a significant bonus of $2.29 million, driven by JLL’s performance metrics. His bonus was linked to achieving specific financial targets, showing that his pay is closely tied to the company's success. Additionally, Ulbrich accumulated around $6.62 million in vested stock, indicating the company’s strong performance and his alignment with overall corporate goals. The design of his compensation package reflects a philosophy of aligning executive pay with performance, ensuring that Ulbrich is incentivized to lead JLL towards achieving its strategic objectives. Over the years, his total compensation has seen fluctuations, peaking at over $12 million, a clear sign of the company’s growth and his role in it.

Year

2023

Total Compensation

$9.98M

Salary

$1.03M

Board Justification

The compensation philosophy is designed to align executive pay with shareholder interests, emphasizing performance-based compensation that rewards executives for achieving financial and strategic goals. The program aims to attract and retain top talent while promoting behaviors that drive business success.

Bonus

$2.29M

Board Justification

The bonus is based on the Annual Incentive Plan (AIP) structure, which aligns executive compensation with JLL’s enterprise performance and individual performance against strategic leadership goals. The final cash AIP award for 2023 was calculated based on financial performance results and a Leadership Multiplier of 100%.

Other

$35.05K

Board Justification

Other compensation includes 401(k) match and pension contributions, tax preparation services, and other benefits.

Restricted Stock

$6.62M(46.91K RSU)

Board Justification

The stock that vested in 2023 includes shares from previously granted performance share units (PSUs) and restricted stock units (RSUs). The total number of shares that vested in 2023 was 46,911, based on performance metrics achieved.

Performance Metrics

The performance metrics for determining the compensation include AIP Adjusted EBITDA, AIP Adjusted EBITDA Margin, and Free Cash Flow, which are aligned with JLL’s overall corporate performance.

Other Jones Lang LaSalle CEOs

Here are other CEOs of Jones Lang LaSalle

Colin Dyer

Ex-CEO of Jones Lang LaSalle

September 2004 - September 2016