Sundar PichaiSundar Pichai earned $164M in 2023
J

W. Matthew Kelly

CEO of JBG SMITH Properties

Education

Bachelor's degree from Dartmouth College and an MBA from Harvard Business School.

Field of Expertise

Real Estate & Construction - Real Estate

Economy Sector

Real Estate

Current Tenure

7 years 7 months (Jul 2017 - Present)

Previous Experience

CEO of The JBG Companies before the merger with Vornado Realty Trust.

W. Matthew Kelly has been making strides as the CEO of JBG SMITH Properties since January 2021. With a strong foundation in real estate, he holds a Bachelor of Science in Business Administration from the University of Maryland. Under his...

Year

2023

Total Compensation

$4.88M

Salary

$750.00K

Board Justification

The compensation philosophy aims to align executive compensation with shareholder interests, focusing on performance metrics and long-term value creation.

Bonus

$1.13M

Board Justification

The bonus awarded for 2023 was based on the achievement of corporate objectives, with a maximum payout of 150% of the target bonus opportunity.

Other

$9.90K

Board Justification

Other compensation includes the value of the 401(k) plan match.

Restricted Stock

$3.00M(169.4K LTIP Units)

Board Justification

The Time-Based LTIP Units awarded in January 2023 vest in four equal annual installments beginning on January 3, 2024, subject to continued employment.

Performance Metrics

Key performance metrics include Operating Portfolio NOI, total shareholder return, capital recycling, leasing volume, and development activities.