Jon E. Bortz, born on December 20, 1966, is the CEO of Pebblebrook Hotel Trust, a real estate investment trust focused on owning and managing hotels. He has a solid educational background, with a bachelor's degree from the University of...

Jon E. Bortz, born on December 20, 1966, is the CEO of Pebblebrook Hotel Trust, a real estate investment trust focused on owning and managing hotels. He has a solid educational background, with a bachelor's degree from the University of Michigan and an MBA from UC Berkeley. Jon has significant experience in the hospitality industry, having founded LaSalle Hotel Properties and served as its CEO until 2009. At Pebblebrook, he has led the company since its inception in 2009, balancing executive leadership roles, including Chairman of the Board, with a commitment to shareholder value. In 2023, Bortz earned a total compensation of nearly $7 million, aligning his interests with those of the company's shareholders through performance bonuses and equity awards. Notably, he is also involved in sustainability efforts within the company, pushing for measurable environmental, social, and governance (ESG) goals. This commitment is reflected in Pebblebrook's $20 million investment in sustainability projects since 2016. Jon’s strong leadership in navigating the challenges posed by the COVID-19 pandemic underscores his strategic vision for the company's recovery and growth.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Pebblebrook Hotel Trust CEOs

P

Jon E. Bortz

Founder and Ex-CEO of Pebblebrook Hotel Trust

Education

Bachelor's degree from the University of Michigan and an MBA from the University of California, Berkeley.

Field of Expertise

Other - Hospitality

Sector of Economy

Real Estate

Born

December 20, 1966 - 58 years ago

CEO of Pebblebrook Hotel Trust for

13 years 2 months (Dec 2009 - Feb 2023)

Previous Experience

Co-founder and CEO of Pebblebrook Hotel Trust since its IPO in 2009. Previously served as a senior executive at various hospitality companies.

Rivals

Competitors/colleagues of Jon E. Bortz

D

Mark W. Brugger

CEO of DiamondRock Hospitality

2023 Compensation

Stock

$0.00

Salary

$832.00K

Bonus

$0.00

Other

$13.20K

Total Holdings

$19.47M

P

Thomas J. Baltimore, Jr.

CEO of Park Hotels & Resorts Inc.

2023 Compensation

Stock

$2.22M

Salary

$1.00M

Bonus

$2.44M

Other

$960.00

Total Holdings

$27.66M

R

Colin V. Reed

CEO of Ryman Hospitality Properties

2023 Compensation

Stock

$4.58M

Salary

$500.00K

Bonus

$62.00K

Other

$33.73K

Total Holdings

$135.35M

R

Mark Fioravanti

CEO of Ryman Hospitality Properties

2023 Compensation

Stock

$0.00

Salary

$850.17K

Bonus

$230.40K

Other

$57.76K

Total Holdings

$26.36M

Holdings

See how much did Jon E. Bortz make over time.

As the CEO of Pebblebrook Hotel Trust, Jon E. Bortz has needs to manage and navigate significant holdings of the company's stocks. At the peak of his holdings, he had a substantial asset base, evidenced by around 171,244 shares and...

As the CEO of Pebblebrook Hotel Trust, Jon E. Bortz has needs to manage and navigate significant holdings of the company's stocks. At the peak of his holdings, he had a substantial asset base, evidenced by around 171,244 shares and equity units. However, these holdings fluctuate as they encompass performance-based and time-based vesting awards. Throughout the years, Jon's net worth tied to these shares has seen significant variations—highlighting the ongoing performance of Pebblebrook's properties. His latest stock awards, amounting to 92,181 LTIP units in 2023, reflect a move towards incentivizing long-term value creation aligned with company success. These strategic stock allocations underline his commitment to keeping his earnings linked to Pebblebrook's performance.

Mar 17, 2025

F

shares

FRT @ $97.91

P

shares

PEB @ $10.90

Total Stock Sold

$5.83M

PEB

$5.83M

234,885 PEB shares

What if they kept their stock?

If Jon E. Bortz didn't sell their stock, today they would have:
Extra PEB234,885 shares worth $2.66M.
This is -54.35% and $3.17M less than what they got when they sold the stock.

Charitable Transactions

PEB

200,000 shares

PEB

Recent Charitable Transactions

PEB

200,000 shares

PEB

Dec 31, 2013

Charity

Insider Trading

See recent insider trades of Jon E. Bortz.

PEB

23,968 shares

PEB

Feb 7, 2025

Received

PEB

$164.84K

PEB at $12.68/share

Nov 21, 2024

Purchase

PEB

$84.32K

PEB at $12.05/share

Nov 15, 2024

Purchase

PEB

$324.48K

PEB at $12.48/share

Nov 14, 2024

Purchase

PEB

$155.09K

PEB at $22.16/share

Nov 12, 2024

Sale

PEB

$80.00K

PEB at $20.00/share

Nov 12, 2024

Sale

PEB

$368.25K

PEB at $12.28/share

Aug 13, 2024

Purchase

PEB

$790.68K

PEB at $11.98/share

Aug 5, 2024

Purchase

PEB

$611.55K

PEB at $13.59/share

Jun 10, 2024

Purchase

PEB

$271.60K

PEB at $13.58/share

May 29, 2024

Purchase

Compensation History

See how much did Jon E. Bortz make over time.

In 2023, Jon E. Bortz reported a total compensation of $6,989,824, which includes his salary, bonuses, and vested stock awards. His salary was $789,750, along with a cash bonus of $65,000 based on performance metrics that included hotel revenue growth and sustainability goals. The total also includes a sizeable amount from long-term equity incentives, particularly 92,181 LTIP units expected to vest over several years as long as performance criteria are met. Jon's compensation reflects a strategy that emphasized rewarding executives based on the company's financial health and share performance, aligning their success with that of the shareholders.

Year

2023

Total Compensation

$2.40M

Salary

$789.75K

Board Justification

The compensation program aligns the interests of NEOs with those of shareholders, emphasizing performance-based incentives and long-term value creation.

Bonus

$65.00K

Board Justification

Discretionary cash incentive bonus based on performance metrics for 2023, paid in February 2024.

Other

$71.24K

Board Justification

Includes health insurance premiums, dental, life and long-term disability insurance premiums, employer-matching contributions to the 401(k) plan, parking, and employer-matching charitable contributions.

Restricted Stock

$1.47M(92.18K LTIP units)

Board Justification

Restricted LTIP units that vest in one-third increments on January 1, 2024, 2025, and 2026, plus performance-based equity awards granted in February 2023.

Performance Metrics

Performance metrics for 2023 included Adjusted FFO per share, gross proceeds from dispositions, relative hotel EBITDA per key increase, hotel RevPAR penetration index improvement, and ESG results.

Other Pebblebrook Hotel Trust CEOs

Here are other CEOs of Pebblebrook Hotel Trust

Raymond D. Martz

CEO of Pebblebrook Hotel Trust

February 2023 - Present