Boston Properties Management

How has Owen Thomas's remuneration changed compared to Boston Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$13m	US$950k	US$190m
Sep 30 2023	n/a	n/a	US$192m
Jun 30 2023	n/a	n/a	US$664m
Mar 31 2023	n/a	n/a	US$783m
Dec 31 2022	US$13m	US$925k	US$848m
Sep 30 2022	n/a	n/a	US$911m
Jun 30 2022	n/a	n/a	US$659m
Mar 31 2022	n/a	n/a	US$548m
Dec 31 2021	US$13m	US$900k	US$496m
Sep 30 2021	n/a	n/a	US$320m
Jun 30 2021	n/a	n/a	US$301m
Mar 31 2021	n/a	n/a	US$457m
Dec 31 2020	US$11m	US$900k	US$861m
Sep 30 2020	n/a	n/a	US$994m
Jun 30 2020	n/a	n/a	US$1b
Mar 31 2020	n/a	n/a	US$909m
Dec 31 2019	US$12m	US$898k	US$511m
Sep 30 2019	n/a	n/a	US$519m
Jun 30 2019	n/a	n/a	US$530m
Mar 31 2019	n/a	n/a	US$494m
Dec 31 2018	US$12m	US$875k	US$572m
Sep 30 2018	n/a	n/a	US$528m
Jun 30 2018	n/a	n/a	US$526m
Mar 31 2018	n/a	n/a	US$531m
Dec 31 2017	US$10m	US$875k	US$452m

Compensation vs Market: Owen's total compensation ($USD12.96M) is about average for companies of similar size in the US market ($USD13.52M).

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

CEO

Owen Thomas (61 yo)

11yrs

Tenure

US$12,963,964

Compensation

Mr. Owen David Thomas has been Chairman of the Board of Boston Properties, Inc. since May 19, 2022. He is Global Chairman of the Urban Land Institute, Director of the Real Estate Roundtable, a member of th...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Owen Thomas	CEO & Chairman of the Board	11yrs	US$12.96m	0.0067% $ 723.1k
Douglas Linde	President & Director	16.9yrs	US$8.97m	0.12% $ 12.7m
Michael LaBelle	Executive VP	16.4yrs	US$4.38m	0.015% $ 1.6m
Raymond Ritchey	Senior Executive Vice President	26yrs	US$6.85m	0.0090% $ 976.8k
Bryan Koop	Executive Vice President of Boston Region	8.3yrs	US$3.33m	0.0066% $ 710.1k
Mortimer Zuckerman	Co-Founder & Chairman Emeritus	54.3yrs	US$654.66k	no data
Michael Walsh	Senior VP & Chief Accounting Officer	7.9yrs	no data	no data
Helen Han	Vice President of Investor Relations	no data	no data	no data
Eric Kevorkian	Senior VP	2.3yrs	no data	0.00051% $ 55.3k
Laura Sesody	Senior Vice President of Corporate Marketing & Communications	no data	no data	no data
Donna Garesche	Executive VP & Chief Human Resources Officer	no data	no data	no data
Andrew Levin	Senior Vice President of Leasing-New York	19.2yrs	no data	no data

16.4yrs

Average Tenure

59yo

Average Age

Experienced Management: BXP's management team is seasoned and experienced (16.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Owen Thomas	CEO & Chairman of the Board	11yrs	US$12.96m	0.0067% $ 723.1k
Douglas Linde	President & Director	14.3yrs	US$8.97m	0.12% $ 12.7m
Mortimer Zuckerman	Co-Founder & Chairman Emeritus	7.9yrs	US$654.66k	no data
Bruce Duncan	Independent Director	7.9yrs	US$269.17k	0.013% $ 1.4m
William Walton	Independent Director	4.9yrs	US$243.50k	0% $ 0
Matthew Lustig	Independent Director	13.3yrs	US$268.50k	0.0064% $ 690.6k
Joel Klein	Lead Independent Director	11.3yrs	US$277.74k	0% $ 0
Carol Einiger	Independent Director	19.9yrs	US$256.56k	0.011% $ 1.2m
Derek West	Independent Director	less than a year	US$222.68k	0.0022% $ 234.2k
Diane Hoskins	Independent Director	4.9yrs	US$285.00k	0.0066% $ 713.3k
Mary Kipp	Independent Director	2.3yrs	US$270.64k	0.00035% $ 37.9k
Kelly Ayotte	Independent Director	5.9yrs	US$266.57k	0% $ 0

7.9yrs

Average Tenure

64yo

Average Age

Experienced Board: BXP's board of directors are considered experienced (7.9 years average tenure).

Boston Properties Management

Management criteria checks 4/4

Key information

Recent management updates

Boston Properties, Inc., Annual General Meeting, May 22, 2024

Senior Executive Vice President recently sold US$889k worth of stock

Senior Executive Vice President recently sold US$4.4m worth of stock

Boston Properties, Inc. Board Changes

BXP Announces Executive Changes

Insider recently sold US$571k worth of stock

Recent updates

Boston Properties, Inc., Annual General Meeting, May 22, 2024

Now 23% undervalued after recent price drop

Boston Properties, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Boston Properties: Superior Property Portfolio But Office Outlook Remains Weak

Now 22% undervalued after recent price drop

Fourth quarter dividend of US$0.98 announced

Boston Properties, Inc. Declares Regular Quarterly Dividend, Payable on April 30, 2024

Senior Executive Vice President recently sold US$889k worth of stock

Now 21% undervalued

Boston Properties, Inc. Provides Earnings Guidance for the First Quarter of 2024 and Fiscal Year 2024

Full year 2023 earnings: EPS misses analyst expectations

Office Mayhem: Why 6%-Yielding Boston Properties Remains A Hard Pass For Me

Boston Properties, Inc. to Report Q4, 2023 Results on Jan 30, 2024

Boston Properties, Inc. Declares Regular Quarterly Cash Dividend, Payable on January 30, 2024

Investor sentiment improves as stock rises 18%

Consensus EPS estimates fall by 14%

Norges Bank Investment Management entered into agreement to acquire 45% stake in Life Sciences Development Properties Located in Kendall Square in Cambridge, Massachusetts from Boston Properties, Inc. (NYSE:BXP) for $210 million.

Boston Properties: Higher Rates And Lower Occupancy Are Significant Headwinds

Consensus EPS estimates fall by 14%

Third quarter 2023 earnings: EPS misses analyst expectations

Boston Properties, Inc. Provides Updated Earnings Guidance for Full Year 2023

Clark Construction Group Joins Representatives from BXP to Celebrate the Topping Out of Skymark Reston Town Center

7% Yield And Mounting Risks - A Closer Look At Boston Properties

Boston Properties, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Upcoming dividend of US$0.98 per share at 6.0% yield

Boston Properties - I Was Clear About The Upside

Senior Executive Vice President recently sold US$4.4m worth of stock

Boston Properties, Inc. Declares Regular Quarterly Dividend, Payable on October 31, 2023

Boston Properties: The Stock Has Become Fairly Valued

Price target increased by 7.0% to US$68.07

Boston Properties: Solid Leasing Improves The Outlook

Price target increased by 7.2% to US$68.07

New major risk - Revenue and earnings growth

Boston Properties: Solid Q2 Result Reassures Solid Dividend Yield

Boston Properties, Inc. Board Changes

BXP Announces Executive Changes

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 21% undervalued

Boston Properties, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Boston Properties: Don't Listen To The Doomsayers, It Is Here To Stay

Now 23% undervalued

Boston Properties, Inc. Declares Regular Quarterly Cash Dividend for the Period April 1, 2023 to June 30, 2023, Payable on July 31, 2023

Boston Properties: The Question Of Upside Or Income

New minor risk - Insider selling

Insider recently sold US$571k worth of stock

Boston Properties: Hefty 8% Yield On This Contrarian Bet

Independent Director recently bought US$474k worth of stock

High number of new directors

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

Price target decreased by 8.5% to US$71.37

Price target decreased by 8.8% to US$72.89

Independent Director recently bought US$529k worth of stock

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Boston Properties, Inc. Revised Earnings Guidance for the Full Year of 2023

Boston Properties Q4 2022 Earnings Preview

Price target decreased to US$79.26

Boston Properties, Inc. to Report Q4, 2022 Results on Jan 31, 2023

Now 21% undervalued after recent price drop

Boston Properties, Inc. Declares Quarterly Cash Dividend for the Period from October 1, 2022 to December 31, 2022, Payable on January 30, 2023

Boston Properties declares $0.98 dividend

Office Income! What To Make Of Boston Properties' 6% Yield

Now 21% undervalued after recent price drop

An unknown buyer acquired the residential component of The Avant from Boston Properties, Inc. (NYSE:BXP).

Consensus forecasts updated

Boston Properties, Inc. Provides Earnings Guidance for the Full Year 2022; and Full Year 2023