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...

Current Market Cap

$12.29B

Number of Employees

106.1K

Total Compensation

2019 - 2023

Trending up by 16.72% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 6.27% last year

Salary

Up by 16.09% last year

Bonus

Up by 66.20% last year

Other

Down by -30.11% last year

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.

SEC Filing

From April 12, 2024

Christian Ulbrich

CEO of Jones Lang LaSalle

J

Education

Diplom Kaufmann degree in Business Administration from the University of Hamburg

Field of Expertise

Real Estate & Construction - Real Estate

Born

January 1, 1967 - 57 years ago

Is Founder?

No

Current Tenure

8 years 1 month (Oct 2016 - Present)

Previous Experience

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

View Holdings

Insider Holdings of Christian Ulbrich

JLL

$35.92M

$14.84M (70.40%)

Last Insider Trade

JLL

25,151 shares

JLL

Mar 31, 2024

Received