JBG SMITH Properties CEO W Kelly's 2019 pay falls 57% to $4.9M
JBG SMITH Properties reports 2019 executive compensation
By ExecPay News
Published: March 13, 2020
JBG SMITH Properties reported fiscal year 2019 executive compensation information on March 13, 2020.
In 2019, six executives at JBG SMITH Properties received on average a compensation package of $2.6M, a 49% decrease compared to previous year.
Average pay of disclosed executives at JBG SMITH Properties
W. Matthew Kelly, Chief Executive Officer, received $4.9M in total, which decreased by 57% compared to 2018. 65% of Kelly's compensation, or $3.2M, was in stock awards. Kelly also received $938K in bonus, $750K in salary, as well as $8.4K in other compensation.
For fiscal year 2019, the median employee pay was $95,058 at JBG SMITH Properties. Therefore, the ratio of W. Matthew Kelly's pay to the median employee pay was 51 to one.
David P. Paul, Chief Operating Officer, received a compensation package of $3.2M, which decreased by 33% compared to previous year. 56% of the compensation package, or $1.8M, was in stock awards.
Stephen W. Theriot, Chief Financial Officer, earned $2.2M in 2019, a 28% decrease compared to previous year.
Kevin "Kai" Reynolds, Chief Development Officer, received $2.1M in 2019, which decreases by 39% compared to 2018.
M. Moina Banerjee, EVP, Head of Capital Markets, earned $1.6M in 2019, a 36% decrease compared to previous year.
Steven A. Museles, Chief Legal Officer, received $1.5M in 2019.
Related executives
W Kelly
JBG SMITH Properties
Chief Executive Officer
David Paul
JBG SMITH Properties
Chief Operating Officer
Stephen Theriot
JBG SMITH Properties
Chief Financial Officer
Kevin Reynolds
JBG SMITH Properties
Chief Development Officer
M Banerjee
JBG SMITH Properties
Chief Financial Officer
Steven Museles
JBG SMITH Properties
Chief Legal Officer
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Source: SEC filing on March 13, 2020.