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 percentage9.5%
CEO tenure6.3yrs
CEO ownership0.09%
Management average tenure2.9yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Kelly's remuneration changed compared to JBG SMITH Properties's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-US$69m

Jun 30 2023n/an/a

-US$30m

Mar 31 2023n/an/a

US$105m

Dec 31 2022US$8mUS$750k

US$84m

Sep 30 2022n/an/a

US$45m

Jun 30 2022n/an/a

US$66m

Mar 31 2022n/an/a

-US$61m

Dec 31 2021US$16mUS$750k

-US$82m

Sep 30 2021n/an/a

-US$71m

Jun 30 2021n/an/a

-US$95m

Mar 31 2021n/an/a

-US$129m

Dec 31 2020US$7mUS$750k

-US$65m

Sep 30 2020n/an/a

US$15m

Jun 30 2020n/an/a

US$47m

Mar 31 2020n/an/a

US$81m

Dec 31 2019US$5mUS$750k

US$63m

Sep 30 2019n/an/a

US$28m

Jun 30 2019n/an/a

US$42m

Mar 31 2019n/an/a

US$66m

Dec 31 2018US$11mUS$750k

US$37m

Sep 30 2018n/an/a

US$23m

Jun 30 2018n/an/a

-US$69m

Mar 31 2018n/an/a

-US$84m

Dec 31 2017US$6mUS$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

NamePositionTenureCompensationOwnership
W. Kelly
CEO & Trustee6.3yrsUS$7.88m0.095%
€ 1.3m
Moina Banerjee
Chief Financial Officer2.9yrsUS$2.48mno data
George Xanders
Chief Investment Officer2.8yrsUS$2.07m0.0087%
€ 123.9k
Kevin Reynolds
Chief Development Officer6.3yrsUS$2.76m0.017%
€ 237.4k
Angela Valdes
Chief Accounting Officer2.8yrsno data0.013%
€ 179.4k
Steven Museles
Chief Legal Officer & Corporate Secretary6.3yrsUS$4.70m0.016%
€ 233.7k
Bud Perrone
Managing Director of Mediano datano datano data
Stephen Theriot
Senior Adviser2.8yrsUS$2.23mno data
Patrick Tyrrell
Chief of Property Operationsless than a yearno datano data
A. Jackson
Executive Vice President of Social Impact Investments5.5yrsno datano data
Gregory Trimmer
Partner3.8yrsno datano data
David Ritchey
Chief Commercial Officerless than a yearno datano data

2.9yrs

Average Tenure

53yo

Average Age

Experienced Management: JBG's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
W. Kelly
CEO & Trustee6.3yrsUS$7.88m0.095%
€ 1.3m
Carol Melton
Independent Trustee6.3yrsUS$108.33k0.0026%
€ 37.0k
Steven Roth
Chairman Emeritus2.5yrsUS$133.31kno data
D. Shuman
Independent Trustee6.3yrsUS$108.33kno data
Alan Forman
Independent Trustee6.3yrsUS$110.00k0.0052%
€ 74.1k
Scott Estes
Independent Trustee6.3yrsUS$126.67k0.052%
€ 741.5k
William Mulrow
Independent Trustee6.3yrsUS$115.00kno data
Phyllis Caldwell
Independent Trustee2.7yrsUS$103.33kno data
Robert Stewart
Independent Chairman6.8yrsUS$100.00kno data
Michael Glosserman
Independent Trustee6.3yrsUS$166.83kno data
Alisa Mall
Independent Trustee3.6yrsUS$111.67kno data

6.3yrs

Average Tenure

63yo

Average Age

Experienced Board: JBG's board of directors are considered experienced (6.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/15 16:41
End of Day Share Price 2023/08/18 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

JBG SMITH Properties is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John KimBMO Capital Markets Equity Research
Clarence PowellBMO Capital Markets Equity Research
James FeldmanBofA Global Research