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...

Current Market Cap

$1.49B

Number of Employees

58

Total Compensation

2019 - 2023

Trending down by -20.91% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 120.32% last year

Salary

Up by 5.30% last year

Bonus

Down by -95.81% last year

Other

Up by 15.30% last year

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.

SEC Filing

From March 29, 2024

Jon E. Bortz

Founder and Ex-CEO of Pebblebrook Hotel Trust

JE

Education

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

Field of Expertise

Other - Hospitality

Born

December 20, 1966 - 57 years ago

Is Founder?

Yes

Tenure

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.