Raymond D. Martz is the CEO of Pebblebrook Hotel Trust, a position he has held since February 2023. Before this, he gathered valuable experience in finance and management at various companies, including his role as CFO at Phillips Edison &...

Current Market Cap

$1.49B

Number of Employees

58

Total Compensation

2023 - 2023

Trending up by 0.00% last year
Showing total compensation for the last 2023 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$1.24M

Salary

$525.00K

Board Justification

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

Bonus

$27.50K

Board Justification

The bonus is a discretionary cash incentive based on performance metrics set by the Compensation Committee, with a target of $550,000 for 2023.

Other

$60.52K

Board Justification

Other compensation includes health insurance premiums, dental, life and long-term disability insurance premiums, employer-matching contributions to the Company’s 401(k) plan, and parking.

Restricted Stock

$624.74K(39.1K LTIP units or Common Shares)

Board Justification

The time-based equity award of 39,095 shares will vest in one-third increments on January 1, 2024, 2025, and 2026.

Performance Metrics

The performance metrics for the cash incentive bonus include 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