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.