Jordan Kaplan has been the CEO and President of Douglas Emmett, Inc. since it began in 2006. He holds a Bachelor's degree from the University of Southern California and has a strong background in real estate, having been part of...

Jordan Kaplan has been the CEO and President of Douglas Emmett, Inc. since it began in 2006. He holds a Bachelor's degree from the University of Southern California and has a strong background in real estate, having been part of the industry since 1986. Under his leadership, the company specializes in managing residential and commercial properties, focusing mainly in California. One interesting fact is that during his tenure, Kaplan has consistently relied on performance-based compensation, meaning his pay is closely linked to the company's success. This strategy aligns his interests with investors. In 2023, his total compensation was about $8.24 million, mostly coming from stock options and vested stock based on performance, not just a salary. In terms of his financial stake, Kaplan personally holds over 10.96 million shares of Douglas Emmett stock, which has fluctuated in value alongside the company's performance. This reflects his vested interest in the long-term health of the company. Kaplan also made headlines for taking a 20% salary cut during the COVID-19 pandemic, showing his commitment during tough times. This is a CEO who understands both the business and the real estate market well, making calculated moves to ensure growth and stability.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

D

Jordan Kaplan

CEO of Douglas Emmett

Education

Bachelor's degree from the University of California, Los Angeles

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

May 15, 1961 - 63 years ago

CEO of Douglas Emmett for

19 years 3 months (Jan 2006 - Present)

Previous Experience

President and Chief Operating Officer of Douglas Emmett, Inc.

Rivals

Competitors/colleagues of Jordan Kaplan

S

Marc Holliday

CEO of SL Green Realty

2023 Compensation

Stock

$0.00

Salary

$1.25M

Bonus

$2.91M

Other

$36.46K

Total Holdings

$89.45M

H

Theodore J. Klinck

CEO of Highwoods Properties

2023 Compensation

Stock

$1.12M

Salary

$757.50K

Bonus

$1.22M

Other

$191.46K

Total Holdings

$12.73M

B

Owen D. Thomas

CEO of Boston Properties

2023 Compensation

Stock

$0.00

Salary

$950.00K

Bonus

$2.72M

Other

$31.64K

Total Holdings

$615.83K

P

C. Brent Smith

CEO of Piedmont Office Realty Trust

2023 Compensation

Stock

$1.29M

Salary

$700.00K

Bonus

$1.05M

Other

$22.75K

Total Holdings

$6.64M

Holdings

See how much did Jordan Kaplan make over time.

Jordan Kaplan's holdings are closely tied to his role at Douglas Emmett, Inc. He has accumulated over 10.96 million shares, which represents about 6% of the company's outstanding stock. This significant ownership shares his commitment to the company's future. Throughout...

Jordan Kaplan's holdings are closely tied to his role at Douglas Emmett, Inc. He has accumulated over 10.96 million shares, which represents about 6% of the company's outstanding stock. This significant ownership shares his commitment to the company's future. Throughout 2023, as the company's stock price fluctuated, so did the value of his holdings. At times, his wealth was largely dependent on this stock's performance. In 2020, after the pandemic began, he took a temporary 20% salary reduction, but his stock holdings remained a major part of his financial picture. He has consistently been a major player in investments related to Douglas Emmett, which shows how intertwined his financial success is with the company’s ongoing performance and market movements. This deep connection to his company illuminates his commitment to its long-term growth.

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Charitable Transactions

DEI

1,329,135 shares

DEI

Recent Charitable Transactions

DEI

639,375 shares

DEI

Feb 8, 2017

Charity

DEI

689,760 shares

DEI

Jun 29, 2016

Charity

Insider Trading

See recent insider trades of Jordan Kaplan.

DEI

$998.40K

DEI at $20.48/share

Sep 7, 2022

Purchase

DEI

$995.72K

DEI at $32.12/share

Aug 16, 2021

Purchase

DEI

$977.02K

DEI at $24.86/share

Sep 25, 2020

Purchase

DEI

639,375 shares

DEI

Feb 8, 2017

Charity

DEI

689,760 shares

DEI

Jun 29, 2016

Charity

DEI

9,000 shares

DEI

Dec 31, 2016

Charity

Compensation History

See how much did Jordan Kaplan make over time.

In 2023, Jordan Kaplan's total compensation reached approximately $8.24 million. This sum includes an annual salary of $800,000, with no cash bonus awarded for that year. Most of his earnings stemmed from vested Long Term Incentive Plan (LTIP) Units, which amounted to roughly $6.4 million. His compensation strategy is designed to tie his financial rewards to the company’s long-term success, emphasizing a performance-based approach that directly aligns with shareholder interests. Interestingly, Kaplan has seen variations in his earnings over the years, with 2021 peaking when he received nearly $9 million, including a significant bonus tied to performance metrics. This reflects not just his earnings potential but also his active role in the company’s direction and profitability targets. The company's choices during uncertain times, like the pandemic, further highlight how Kaplan manages compensation and personal investments with a long-term mindset.

Year

2023

Total Compensation

$10.11M

Salary

$800.00K

Board Justification

The compensation philosophy emphasizes performance-based compensation, aligning executive pay with the company's long-term performance and shareholder interests.

Bonus

$0.00

Board Justification

No cash bonus was awarded for 2023.

Other

$21.11K

Board Justification

Other compensation includes the personal incremental use of an executive assistant and personal use of a company car.

Restricted Stock

$9.29M(640.88K LTIP Units)

Board Justification

The LTIP Units vested on December 31, 2023, with a total value based on the closing price of our common stock at $14.50 on December 29, 2023.

Performance Metrics

The performance metrics for 2023 included FFO targets, total shareholder return, ESG goals, operating goals, and external business activities.