JBG SMITH Properties Management
Management criteria checks 3/4
JBG SMITH Properties' CEO is Matt Kelly, appointed in Jul 2017, has a tenure of 6.33 years. total yearly compensation is $7.88M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.095% of the company’s shares, worth €1.35M. The average tenure of the management team and the board of directors is 2.9 years and 6.3 years respectively.
Key information
Matt Kelly
Chief executive officer
US$7.9m
Total compensation
| CEO salary percentage | 9.5% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.9yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$69m |
| Jun 30 2023 | n/a | n/a | -US$30m |
| Mar 31 2023 | n/a | n/a | US$105m |
| Dec 31 2022 | US$8m | US$750k | US$84m |
| Sep 30 2022 | n/a | n/a | US$45m |
| Jun 30 2022 | n/a | n/a | US$66m |
| Mar 31 2022 | n/a | n/a | -US$61m |
| Dec 31 2021 | US$16m | US$750k | -US$82m |
| Sep 30 2021 | n/a | n/a | -US$71m |
| Jun 30 2021 | n/a | n/a | -US$95m |
| Mar 31 2021 | n/a | n/a | -US$129m |
| Dec 31 2020 | US$7m | US$750k | -US$65m |
| Sep 30 2020 | n/a | n/a | US$15m |
| Jun 30 2020 | n/a | n/a | US$47m |
| Mar 31 2020 | n/a | n/a | US$81m |
| Dec 31 2019 | US$5m | US$750k | US$63m |
| Sep 30 2019 | n/a | n/a | US$28m |
| Jun 30 2019 | n/a | n/a | US$42m |
| Mar 31 2019 | n/a | n/a | US$66m |
| Dec 31 2018 | US$11m | US$750k | US$37m |
| Sep 30 2018 | n/a | n/a | US$23m |
| Jun 30 2018 | n/a | n/a | -US$69m |
| Mar 31 2018 | n/a | n/a | -US$84m |
| Dec 31 2017 | US$6m | US$343k | -US$73m |
Compensation vs Market: Matt's total compensation ($USD7.88M) is above average for companies of similar size in the German market ($USD1.56M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Kelly (50 yo)
6.3yrs
Tenure
US$7,884,144
Compensation
Mr. W. Matthew Kelly, also known as Matt, serves as Chief Executive Officer and Trustee of JBG SMITH Properties (JBG”) since July 18, 2017. Mr. Kelly worked at JBG from August 2004 up until the formation t...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Trustee | 6.3yrs | US$7.88m | 0.095% $ 1.3m | |
| Chief Financial Officer | 2.9yrs | US$2.48m | no data | |
| Chief Investment Officer | 2.8yrs | US$2.07m | 0.0087% $ 123.9k | |
| Chief Development Officer | 6.3yrs | US$2.76m | 0.017% $ 237.4k | |
| Chief Accounting Officer | 2.8yrs | no data | 0.013% $ 179.4k | |
| Chief Legal Officer & Corporate Secretary | 6.3yrs | US$4.70m | 0.016% $ 233.7k | |
| Managing Director of Media | no data | no data | no data | |
| Senior Adviser | 2.8yrs | US$2.23m | no data | |
| Chief of Property Operations | less than a year | no data | no data | |
| Executive Vice President of Social Impact Investments | 5.5yrs | no data | no data | |
| Partner | 3.8yrs | no data | no data | |
| Chief Commercial Officer | less than a year | no data | no data |
2.9yrs
Average Tenure
53yo
Average Age
Experienced Management: JBG's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Trustee | 6.3yrs | US$7.88m | 0.095% $ 1.3m | |
| Independent Trustee | 6.3yrs | US$108.33k | 0.0026% $ 37.0k | |
| Chairman Emeritus | 2.5yrs | US$133.31k | no data | |
| Independent Trustee | 6.3yrs | US$108.33k | no data | |
| Independent Trustee | 6.3yrs | US$110.00k | 0.0052% $ 74.1k | |
| Independent Trustee | 6.3yrs | US$126.67k | 0.052% $ 741.5k | |
| Independent Trustee | 6.3yrs | US$115.00k | no data | |
| Independent Trustee | 2.7yrs | US$103.33k | no data | |
| Independent Chairman | 6.8yrs | US$100.00k | no data | |
| Independent Trustee | 6.3yrs | US$166.83k | no data | |
| Independent Trustee | 3.6yrs | US$111.67k | no data |
6.3yrs
Average Tenure
63yo
Average Age
Experienced Board: JBG's board of directors are considered experienced (6.3 years average tenure).