Paramount Group Management
Management criteria checks 2/4
Paramount Group's CEO is Albert Paul Behler, appointed in Jan 2014, has a tenure of 10.25 years. total yearly compensation is $20.24M, comprised of 5.4% salary and 94.6% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth €2.79M. The average tenure of the management team and the board of directors is 7.5 years and 8.1 years respectively.
Key information
Albert Paul Behler
Chief executive officer
US$20.2m
Total compensation
| CEO salary percentage | 5.4% |
| CEO tenure | 10.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 7.5yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$20m | US$1m | -US$260m |
| Sep 30 2023 | n/a | n/a | -US$92m |
| Jun 30 2023 | n/a | n/a | -US$85m |
| Mar 31 2023 | n/a | n/a | -US$38m |
| Dec 31 2022 | US$9m | US$1m | -US$36m |
| Sep 30 2022 | n/a | n/a | US$3m |
| Jun 30 2022 | n/a | n/a | US$2m |
| Mar 31 2022 | n/a | n/a | -US$13m |
| Dec 31 2021 | US$10m | US$1m | -US$20m |
| Sep 30 2021 | n/a | n/a | -US$26m |
| Jun 30 2021 | n/a | n/a | -US$33m |
| Mar 31 2021 | n/a | n/a | -US$25m |
| Dec 31 2020 | US$9m | US$1m | -US$20m |
| Sep 30 2020 | n/a | n/a | -US$25m |
| Jun 30 2020 | n/a | n/a | -US$12m |
| Mar 31 2020 | n/a | n/a | -US$3m |
| Dec 31 2019 | US$9m | US$1m | -US$3m |
| Sep 30 2019 | n/a | n/a | US$11m |
| Jun 30 2019 | n/a | n/a | US$45m |
| Mar 31 2019 | n/a | n/a | US$10m |
| Dec 31 2018 | US$10m | US$1m | US$3m |
| Sep 30 2018 | n/a | n/a | -US$3m |
| Jun 30 2018 | n/a | n/a | -US$51m |
| Mar 31 2018 | n/a | n/a | US$87m |
| Dec 31 2017 | US$10m | US$1m | US$86m |
Compensation vs Market: Albert Paul's total compensation ($USD20.24M) is above average for companies of similar size in the German market ($USD1.29M).
Compensation vs Earnings: Albert Paul's compensation has increased whilst the company is unprofitable.
CEO
Albert Paul Behler (71 yo)
10.3yrs
Tenure
US$20,235,912
Compensation
Mr. Albert Paul Thomas Behler serves as Chief Executive officer, President and Chairman at Paramount Group Real Estate Advisor LLC. He has been the Chief Executive Officer, President of Paramount Group, In...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 10.3yrs | US$20.24m | 0.30% $ 2.8m | |
| COO, CFO & Treasurer | 8.1yrs | US$9.07m | 0.0046% $ 43.5k | |
| Senior VP | 14.9yrs | US$2.45m | 0.0034% $ 32.6k | |
| Executive VP & Head of Real Estate | 6.3yrs | US$6.31m | no data | |
| Senior VP & Chief Accounting Officer | 7yrs | no data | no data | |
| Vice President of Business Development & Investor Relations | no data | no data | no data | |
| Senior Vice President of Asset Management | no data | no data | no data | |
| Senior Vice President of Leasing | 5.9yrs | no data | no data |
7.5yrs
Average Tenure
53yo
Average Age
Experienced Management: 6PM's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 10.3yrs | US$20.24m | 0.30% $ 2.8m | |
| Independent Director | 9.4yrs | US$209.36k | 0.014% $ 130.5k | |
| Independent Director | 10.3yrs | US$196.25k | 0.13% $ 1.2m | |
| Lead Independent Director | 8.1yrs | US$249.36k | no data | |
| Independent Director | 1.9yrs | US$191.25k | 0.019% $ 180.6k | |
| Independent Director | 8.1yrs | US$184.36k | no data | |
| Independent Director | 1.8yrs | US$184.36k | no data | |
| Independent Director | 5.9yrs | US$184.36k | no data | |
| Independent Director | 9.4yrs | US$179.36k | 15.44% $ 146.0m | |
| Independent Director | 3.9yrs | US$197.49k | no data |
8.1yrs
Average Tenure
67yo
Average Age
Experienced Board: 6PM's board of directors are considered experienced (8.1 years average tenure).