Douglas Emmett Management

Management criteria checks 3/4

Douglas Emmett's CEO is Jordan Kaplan, appointed in Jan 2005, has a tenure of 19.25 years. total yearly compensation is $8.65M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 1.7% of the company’s shares, worth $45.10M. The average tenure of the management team and the board of directors is 13.9 years and 11.9 years respectively.

Key information

Jordan Kaplan

Chief executive officer

US$8.7m

Total compensation

CEO salary percentage	9.2%
CEO tenure	19.3yrs
CEO ownership	1.7%
Management average tenure	13.9yrs
Board average tenure	11.9yrs

Recent management updates

Recent updates

Douglas Emmett: Challenged Operating Environment Offsets The Attractive Portfolio (Rating Downgrade)

Feb 22

CEO Compensation Analysis

How has Jordan Kaplan's remuneration changed compared to Douglas Emmett's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-US$44m
Sep 30 2023	n/a	n/a	US$21m
Jun 30 2023	n/a	n/a	US$57m
Mar 31 2023	n/a	n/a	US$89m
Dec 31 2022	US$9m	US$800k	US$96m
Sep 30 2022	n/a	n/a	US$91m
Jun 30 2022	n/a	n/a	US$86m
Mar 31 2022	n/a	n/a	US$78m
Dec 31 2021	US$9m	US$800k	US$64m
Sep 30 2021	n/a	n/a	US$63m
Jun 30 2021	n/a	n/a	US$48m
Mar 31 2021	n/a	n/a	US$34m
Dec 31 2020	US$8m	US$867k	US$50m
Sep 30 2020	n/a	n/a	US$309m
Jun 30 2020	n/a	n/a	US$328m
Mar 31 2020	n/a	n/a	US$360m
Dec 31 2019	US$9m	US$1m	US$362m
Sep 30 2019	n/a	n/a	US$110m
Jun 30 2019	n/a	n/a	US$118m
Mar 31 2019	n/a	n/a	US$116m
Dec 31 2018	US$9m	US$1m	US$116m
Sep 30 2018	n/a	n/a	US$119m
Jun 30 2018	n/a	n/a	US$114m
Mar 31 2018	n/a	n/a	US$103m
Dec 31 2017	US$9m	US$1m	US$94m

Compensation vs Market: Jordan's total compensation ($USD8.65M) is above average for companies of similar size in the US market ($USD6.59M).

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

CEO

Jordan Kaplan (62 yo)

19.3yrs

Tenure

US$8,653,835

Compensation

Mr. Jordan L. Kaplan has been the Chief Executive Officer, President and Director at Douglas Emmett Inc. since 2005. He serves as President and Chief Executive Officer at DE Pacific REIT, Inc. He has been...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jordan Kaplan	President	19.3yrs	US$8.65m	1.7% $ 45.1m
Peter Seymour	Chief Financial Officer	5.2yrs	US$1.96m	no data
Kenneth Panzer	COO & Director	17.5yrs	US$8.65m	0.52% $ 13.8m
Kevin Crummy	Chief Investment Officer	10.3yrs	US$2.14m	0.0014% $ 37.1k
Stuart McElhinney	Vice President of Investor Relations	no data	no data	no data
Michele Aronson	Executive VP	1.3yrs	no data	no data
Michael Means	Senior Vice President of Commercial Leasing	no data	no data	no data
Allan Golad	Senior Vice President of Property Management	17.5yrs	no data	no data
Theodore Guth	Senior Advisor	no data	US$1.62m	no data

13.9yrs

Average Tenure

62yo

Average Age

Experienced Management: DEI's management team is seasoned and experienced (13.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jordan Kaplan	President	19.3yrs	US$8.65m	1.7% $ 45.1m
Kenneth Panzer	COO & Director	17.5yrs	US$8.65m	0.52% $ 13.8m
William Simon	Independent Director	11.9yrs	US$169.13k	0% $ 0
Thomas O'Hern	Independent Director	17.5yrs	US$186.39k	0.029% $ 775.7k
Leslie Bider	Independent Director	17.5yrs	US$180.63k	0.10% $ 2.8m
Dan Emmett	Chairman of the Board	19.3yrs	US$232.48k	0.53% $ 14.0m
Dorene Dominguez	Independent Director	3yrs	US$169.10k	no data
Ray Leonard	Independent Director	2yrs	US$292.82k	no data
David Feinberg	Independent Director	8.2yrs	US$169.10k	0.015% $ 395.4k
Virginia McFerran	Lead Independent Director	8.9yrs	US$180.63k	no data
Shirley Wang	Independent Director	2yrs	US$292.82k	0.17% $ 4.5m

11.9yrs

Average Tenure

63yo

Average Age

Experienced Board: DEI's board of directors are seasoned and experienced ( 11.9 years average tenure).

Douglas Emmett Management

Management criteria checks 3/4

Key information

Recent management updates

Douglas Emmett, Inc., Annual General Meeting, May 30, 2024

Lead Independent Director recently sold US$1.3m worth of stock

Lead Independent Director notifies of intention to sell stock

Douglas Emmett, Inc. Announces Retirement of Dan A. Emmett as Executive Officer

Lead Independent Director recently bought US$247k worth of stock

Independent Director recently bought US$499k worth of stock

Recent updates

Douglas Emmett, Inc., Annual General Meeting, May 30, 2024

Douglas Emmett, Inc. to Report Q1, 2024 Results on May 07, 2024

Upcoming dividend of US$0.19 per share

Fourth quarter dividend of US$0.19 announced

Consensus EPS estimates fall by 15%

Douglas Emmett: Challenged Operating Environment Offsets The Attractive Portfolio (Rating Downgrade)

Full year 2023 earnings: EPS misses analyst expectations

Douglas Emmett, Inc. Provides Earnings Guidance for the Year 2024

Now 20% overvalued after recent price rise

Douglas Emmett, Inc. to Report Q4, 2023 Results on Feb 06, 2024

Upcoming dividend of US$0.19 per share at 5.0% yield

Douglas Emmett, Inc. Declares Quarterly Cash Dividend, Payable on January 17, 2024

Lead Independent Director recently sold US$1.3m worth of stock

Lead Independent Director notifies of intention to sell stock

Consensus EPS estimates upgraded to US$0.084 loss

Douglas Emmett Is A Great Investment For Lower Interest Rates

Douglas Emmett, Inc. Provides Earnings Guidance for the Year 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Douglas Emmett, Inc. to Report Q3, 2023 Results on Oct 31, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.19 per share at 6.0% yield

Douglas Emmett, Inc. Declares Quarterly Cash Dividend, Payable on October 17, 2023

Douglas Emmett, Inc. Announces Retirement of Dan A. Emmett as Executive Officer

Consensus EPS estimates fall from profit to US$0.15 loss

Now 22% undervalued

Douglas Emmett: Trouble In Paradise

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS misses analyst expectations

Douglas Emmett, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Douglas Emmett, Inc.(NYSE:DEI) dropped from Russell 1000 Dynamic Index

Upcoming dividend of US$0.19 per share at 6.1% yield

Consensus EPS estimates fall by 12%

Price target decreased by 7.2% to US$13.88

Price target decreased by 7.3% to US$14.38

Douglas Emmett, Inc. Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings: EPS exceeds analyst expectations

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

Douglas Emmett: One Of The Smartest Risk-Adjusted REIT Opportunities Since 2009

Full year 2022 earnings: EPS exceeds analyst expectations

Douglas Emmett, Inc. Provides Earnings Guidance for the Full Year 2023

Douglas Emmett Q4 FFO, revenue up Y/Y, 2023 guidance issued

Douglas Emmett, Inc. to Report Q4, 2022 Results on Feb 07, 2023

Upcoming dividend of US$0.19 per share

Douglas Emmett, Inc. (NYSE:DEI) announces an Equity Buyback for $300 million worth of its shares.

Douglas Emmett dividend declines by 32% to $0.19

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Douglas Emmett, Inc. Provides Earnings Guidance for Full Year 2022

Price target decreased to US$21.64

Douglas Emmett, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Lead Independent Director recently bought US$247k worth of stock

Upcoming dividend of US$0.28 per share

Douglas Emmett: The Risk/Reward Clearly Favors An Upside Move

Independent Director recently bought US$499k worth of stock

Douglas Emmett, Inc. Declares Quarterly Cash Dividend, Payable on October 18, 2022

Douglas Emmett declares $0.28 dividend

Second quarter 2022 earnings: EPS exceeds analyst expectations

Douglas Emmett FFO of $0.51 in-line, revenue of $247M beats by $0.35M

Douglas Emmett, Inc. Narrows 2022 Full Year Guidance

Price target decreased to US$29.07

Douglas Emmett Exposed To Most Expensive Markets

Price target decreased to US$31.57

Douglas Emmett, Inc. to Report Q2, 2022 Results on Aug 01, 2022

Upcoming dividend of US$0.28 per share

Investor sentiment deteriorated over the past week

Douglas Emmett, Inc. Declares Quarterly Cash Dividend, Payable on July 15, 2022

Douglas Emmett, Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2022

First quarter 2022 earnings: EPS exceeds analyst expectations

Douglas Emmett, Inc. Announces Johnese M. Spisso Will Not Stand for Re-Election as Director