Paramount Group Management
Management criteria checks 2/4
Paramount Group's CEO is Albert Paul Behler, appointed in Jan 2014, has a tenure of 10.92 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 €3.26M. The average tenure of the management team and the board of directors is 8.2 years and 8.8 years respectively.
Key information
Albert Paul Behler
Chief executive officer
US$20.2m
Total compensation
| CEO salary percentage | 5.4% |
| CEO tenure | 10.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 8.2yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$213m |
| Jun 30 2024 | n/a | n/a | -US$212m |
| Mar 31 2024 | n/a | n/a | -US$252m |
| 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 ($USD1.46M).
Compensation vs Earnings: Albert Paul's compensation has increased whilst the company is unprofitable.
CEO
Albert Paul Behler (72 yo)
10.9yrs
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 | 10.9yrs | US$20.24m | 0.30% € 3.3m | |
| COO, CFO & Treasurer | 8.8yrs | US$9.07m | 0.0046% € 50.8k | |
| Senior VP | 15.6yrs | US$2.45m | 0.0034% € 38.1k | |
| Executive VP & Head of Real Estate | 7yrs | US$6.31m | no data | |
| Senior VP & Chief Accounting Officer | 7.7yrs | 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 | 6.6yrs | no data | no data |
8.2yrs
Average Tenure
54yo
Average Age
Experienced Management: 6PM's management team is seasoned and experienced (8.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 10.9yrs | US$20.24m | 0.30% € 3.3m | |
| Independent Director | 10.9yrs | US$196.25k | 0.14% € 1.6m | |
| Lead Independent Director | 8.8yrs | US$249.36k | no data | |
| Independent Director | 2.6yrs | US$191.25k | 0.031% € 337.9k | |
| Independent Director | 8.8yrs | US$184.36k | no data | |
| Independent Director | 2.4yrs | US$184.36k | no data | |
| Independent Director | 6.6yrs | US$184.36k | no data | |
| Independent Director | 10.1yrs | US$179.36k | 15.43% € 170.5m | |
| Independent Director | 4.6yrs | US$197.49k | no data |
8.8yrs
Average Tenure
64yo
Average Age
Experienced Board: 6PM's board of directors are considered experienced (8.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 00:17 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Paramount Group, Inc. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Spector | BofA Global Research |
| Michael Gorman | BTIG |
| James Sullivan | BTIG |