JBG SMITH Properties CEO W Kelly's 2021 pay jumps 118% to $16M
JBG SMITH Properties reports 2021 executive compensation
By ExecPay News
Published: March 17, 2022
JBG SMITH Properties reported fiscal year 2021 executive compensation information on March 17, 2022.
In 2021, five executives at JBG SMITH Properties received on average a compensation package of $7.2M, a 141% increase compared to previous year.
Average pay of disclosed executives at JBG SMITH Properties
W. Matthew Kelly, Chief Executive Officer, received $16M in total, which increased by 118% compared to 2020. 88% of Kelly's compensation, or $14M, was in stock awards. Kelly also received $1.1M in bonus, $750K in salary, as well as $8.7K in other compensation.
For fiscal year 2021, the median employee pay was $85,139 at JBG SMITH Properties. Therefore, the ratio of W. Matthew Kelly's pay to the median employee pay was 189 to one.
Kevin "Kai" Reynolds, Chief Development Officer, received a compensation package of $5.5M, which increased by 126% compared to previous year. 77% of the compensation package, or $4.2M, was in stock awards.
M. Moina Banerjee, Chief Financial Officer, earned $5.1M in 2021, a 198% increase compared to previous year.
Steven A. Museles, Chief Legal Officer, received $4.7M in 2021, which increases by 178% compared to 2020.
David P. Paul, Chief Operating Officer, earned $4.5M in 2021, a 85% increase compared to previous year.
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Source: SEC filing on March 17, 2022.