Jones Lang LaSalle Management

Management criteria checks 3/4

Jones Lang LaSalle's CEO is Christian Ulbrich, appointed in Jun 2016, has a tenure of 7.92 years. total yearly compensation is $12.04M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth $25.79M. The average tenure of the management team and the board of directors is 4.3 years and 5 years respectively.

Key information

Christian Ulbrich

Chief executive officer

US$12.0m

Total compensation

CEO salary percentage	8.6%
CEO tenure	7.9yrs
CEO ownership	0.3%
Management average tenure	4.3yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christian Ulbrich's remuneration changed compared to Jones Lang LaSalle's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$301m
Dec 31 2023	US$12m	US$1m	US$225m
Sep 30 2023	n/a	n/a	US$228m
Jun 30 2023	n/a	n/a	US$308m
Mar 31 2023	n/a	n/a	US$500m
Dec 31 2022	US$12m	US$889k	US$655m
Sep 30 2022	n/a	n/a	US$901m
Jun 30 2022	n/a	n/a	US$998m
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$13m	US$971k	US$962m
Sep 30 2021	n/a	n/a	US$790m
Jun 30 2021	n/a	n/a	US$685m
Mar 31 2021	n/a	n/a	US$500m
Dec 31 2020	US$8m	US$585k	US$403m
Sep 30 2020	n/a	n/a	US$426m
Jun 30 2020	n/a	n/a	US$423m
Mar 31 2020	n/a	n/a	US$518m
Dec 31 2019	US$9m	US$1m	US$534m
Sep 30 2019	n/a	n/a	US$462m
Jun 30 2019	n/a	n/a	US$468m
Mar 31 2019	n/a	n/a	US$465m
Dec 31 2018	US$10m	US$970k	US$484m
Sep 30 2018	n/a	n/a	US$359m
Jun 30 2018	n/a	n/a	US$323m
Mar 31 2018	n/a	n/a	US$309m
Dec 31 2017	US$9m	US$810k	US$276m

Compensation vs Market: Christian's total compensation ($USD12.04M) is above average for companies of similar size in the UK market ($USD3.31M).

Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.

CEO

Christian Ulbrich (57 yo)

7.9yrs

Tenure

US$12,041,383

Compensation

Mr. Christian Ulbrich has been Chief Executive Officer at Jones Lang LaSalle Incorporated since October 1, 2016 and its President since June 01, 2016. Mr. Ulbrich served as the Chief Executive Officer of E...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christian Ulbrich	Chairman of Global Executive Board	7.9yrs	US$12.04m	0.28% $ 25.8m
Karen Brennan	CFO & Member of the Global Executive Board	3.8yrs	US$4.35m	0.033% $ 3.0m
Neil Murray	CEO of Work Dynamics & Member of Global Executive Board	4.9yrs	US$4.55m	0.040% $ 3.6m
Mihir Shah	Co-CEO of JLL Technologies	4.7yrs	US$4.54m	0.086% $ 7.8m
Yishai Lerner	Co-CEO of JLL Technologies	4.7yrs	US$4.54m	0.086% $ 7.8m
Richard Bloxam	Global CEO of Capital Markets & Member of Global Executive Board	7.3yrs	US$4.28m	0.081% $ 7.4m
Andy Poppink	CEO of Markets Advisory & Member of the Global Executive Board	less than a year	no data	0.020% $ 1.8m
Laura Adams	CHRO & Member of Global Executive Board	1.8yrs	no data	0.0013% $ 116.3k
Jordan Jeffery	COO & Deputy Head of Property and Asset Management	no data	no data	no data
Benjamin Hawke	Chief Accounting Officer	2.2yrs	no data	0.00064% $ 58.2k
Yao Morin	Chief Technology Officer	less than a year	no data	no data
George Thomas	Chief Information Officer	no data	no data	no data

4.3yrs

Average Tenure

48yo

Average Age

Experienced Management: 0JPB's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christian Ulbrich	Chairman of Global Executive Board	8yrs	US$12.04m	0.28% $ 25.8m
Peter Riguardi	Chairman & President of New York Tri-state Region	no data	no data	no data
Siddharth Mehta	Independent Chairman	4.8yrs	US$480.00k	0.016% $ 1.4m
Bridget Macaskill	Independent Director	7.8yrs	US$300.00k	0.020% $ 1.8m
Deborah McAneny	Independent Non-Executive Director	4.8yrs	US$321.25k	0.033% $ 3.0m
Efrain Rivera	Independent Non-Executive Director	2.6yrs	US$300.00k	0.0096% $ 874.3k
Ann Petach	Independent Director	9yrs	US$306.25k	0.021% $ 1.9m
Tina L. Ju	Independent Non-Executive Director	3yrs	US$300.00k	0.011% $ 968.8k
Matthew Carter	Independent Non-Executive Director	5.5yrs	US$310.00k	0.013% $ 1.2m
Hugo Bague	Independent Director	13.2yrs	US$293.75k	0.052% $ 4.7m
Jeetendra Patel	Independent Director	5yrs	US$300.00k	0.023% $ 2.1m
Joseph Quinlan	Independent & Non-Executive Director	2yrs	US$308.75k	0.0055% $ 503.5k

5.0yrs

Average Tenure

62yo

Average Age

Experienced Board: 0JPB's board of directors are considered experienced (5 years average tenure).

Jones Lang LaSalle Management

Management criteria checks 3/4

Key information

Recent management updates

Jones Lang LaSalle Incorporated, Annual General Meeting, May 22, 2024

JLL Announces Executive Changes, Effective April 1, 2024

Jones Lang LaSalle Incorporated Announces Executive Changes

Jones Lang LaSalle Incorporated Announces Election of Directors

JLL Appoints Deirdre Costello as Executive Director and Head of Markets

JLL Announces Executive Changes

Recent updates

First quarter 2024 earnings released: EPS: US$1.39 (vs US$0.19 loss in 1Q 2023)

Jones Lang LaSalle Incorporated, Annual General Meeting, May 22, 2024

Jones Lang LaSalle Incorporated to Report Q1, 2024 Results on May 06, 2024

JLL Announces Executive Changes, Effective April 1, 2024

Full year 2023 earnings released: EPS: US$4.73 (vs US$13.51 in FY 2022)

Jones Lang LaSalle Incorporated Announces Executive Changes

Jones Lang LaSalle Incorporated to Report Q4, 2023 Results on Feb 27, 2024

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: US$1.25 (vs US$2.93 in 3Q 2022)

Jones Lang LaSalle Incorporated to Report Q3, 2023 Results on Nov 02, 2023

Second quarter 2023 earnings released: EPS: US$0.052 (vs US$3.98 in 2Q 2022)

JLL Unveils First GPT Model for Commercial Real Estate

Jones Lang LaSalle Incorporated to Report Q2, 2023 Results on Aug 03, 2023

JLL Launches CRE Decarbonization Solution

Jones Lang LaSalle Incorporated Announces Election of Directors

JLL Appoints Deirdre Costello as Executive Director and Head of Markets

First quarter 2023 earnings released: US$0.19 loss per share (vs US$2.93 profit in 1Q 2022)

Investor sentiment deteriorates as stock falls 15%

Full year 2022 earnings released: EPS: US$13.51 (vs US$18.89 in FY 2021)

Jones Lang LaSalle Incorporated to Report Q4, 2022 Results on Feb 28, 2023

JLL Announces Executive Changes

JLL Appoints Tim Vallance as Head of National Capital Markets

JLL Launches New Brand Positioning: 'SEE A BRIGHTER WAY'

Jones Lang LaSalle Incorporated Names Moses Ojeisekhoba to Its Board of Directors

Third quarter 2022 earnings released: EPS: US$2.93 (vs US$4.67 in 3Q 2021)

Jones Lang LaSalle Incorporated to Report Q3, 2022 Results on Nov 02, 2022

JLL Announces Executive Changes

JLL Appoints Erin Meezan as Chief Sustainability Officer

JLL Announces Executive Changes

Second quarter 2022 earnings released: EPS: US$3.98 (vs US$3.90 in 2Q 2021)

Jones Lang LaSalle Incorporated (NYSE:JLL) acquired Envio Systems GmbH.

HqO, Inc. acquired JLL Jet from Jones Lang LaSalle Incorporated (NYSE:JLL).

Jones Lang LaSalle Incorporated to Report Q2, 2022 Results on Aug 03, 2022

Jones Lang LaSalle Incorporated (NYSE:JLL) acquired Metropolitan Valuation Services Inc.

JLL Appoints Tom Bayne-Jardine as Head of Work Dynamics for the UK and Ireland

Jones Lang LaSalle Names Larry Quinlan to Its Board of Directors

JLL Announces Management Changes

JLL Announces Executive Changes

First quarter 2022 earnings released: EPS: US$2.93 (vs US$2.01 in 1Q 2021)

Jones Lang LaSalle Incorporated, Annual General Meeting, May 26, 2022

Jones Lang LaSalle Incorporated to Report Q1, 2022 Results on May 09, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

JLL Appoints Chris Street as Managing Director of Data Centres, Asia Pacific

Now 20% undervalued after recent price drop

JLL Announces Executive Changes

JLL Appoints Christian Whitaker to Global Head of Sustainable Operations

Now 21% undervalued after recent price drop

Jones Lang LaSalle Incorporated (NYSE:JLL) acquired Hank.

Jones Lang LaSalle Incorporated (NYSE:JLL) completed the acquisition of Building Engines, Inc.

Third quarter 2021 earnings released: EPS US$4.67 (vs US$2.55 in 3Q 2020)

High number of new directors

North American Development Group and Blackfin Partners Investments acquired Shoppes at Nona Place from Jones Lang LaSalle Incorporated for $35 million.

Jones Lang LaSalle Incorporated (NYSE:JLL) reached an agreement to acquire Skyline AI Ltd.

Second quarter 2021 earnings released: EPS US$3.90 (vs US$0.29 in 2Q 2020)

High number of new directors

JLL Introduces Real Estate Data and Insights Platform, JLL Azara

Independent Director has left the company

Independent Director has left the company

First quarter 2021 earnings released: EPS US$2.01 (vs US$0.10 in 1Q 2020)

Insider recently sold US$520k worth of stock

Jones Lang LaSalle Incorporated (NYSE:JLL) acquired an unknown minority stake Roofstock, Inc.

JLL Announces Executive Charges

Full year 2020 earnings released: EPS US$7.79 (vs US$10.99 in FY 2019)

Revenue beats expectations

JLL, GoSpace AI team up to deliver a revolutionary occupancy management solution for the post-pandemic hybrid workplace

JLL Appoints Ingrid Jacobs as Head of Diversity & Inclusion

JLL Appoints David Bownass as Head of Net Zero Design Consulting Team

bp and JLL Sign Multi-Year Vested® Workplace Evolution Agreement

JLL Announces to Hires Chief Product Officer Sharad Rastogi to Lead JLL Technologies