Douglas Emmett Management

Management criteria checks 4/4

Douglas Emmett's CEO is Jordan Kaplan, appointed in Jan 2005, has a tenure of 19.83 years. total yearly compensation is $8.24M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 1.7% of the company’s shares, worth $63.34M. The average tenure of the management team and the board of directors is 14.5 years and 15.3 years respectively.

Key information

Jordan Kaplan

Chief executive officer

US$8.2m

Total compensation

CEO salary percentage	9.7%
CEO tenure	19.8yrs
CEO ownership	1.7%
Management average tenure	14.5yrs
Board average tenure	15.3yrs

Recent management updates

Recent updates

Douglas Emmett: Attractively Valued Before Fed Policy Normalization (Rating Upgrade)

Sep 12

Douglas Emmett: Good Residential Performance Is Swamped By Office Market Realities

May 21

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
Sep 30 2024	n/a	n/a	-US$17m
Jun 30 2024	n/a	n/a	-US$35m
Mar 31 2024	n/a	n/a	-US$53m
Dec 31 2023	US$8m	US$800k	-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 ($USD8.24M) is about average for companies of similar size in the US market ($USD6.63M).

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

CEO

Jordan Kaplan (63 yo)

19.8yrs

Tenure

US$8,238,984

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	19.8yrs	US$8.24m	1.7% $ 63.3m
Peter Seymour	Chief Financial Officer	5.8yrs	US$1.96m	no data
Kenneth Panzer	COO & Director	18.1yrs	US$8.23m	0.52% $ 19.4m
Kevin Crummy	Chief Investment Officer	10.8yrs	US$2.14m	0.0014% $ 52.1k
Michele Aronson	Executive VP	1.8yrs	US$1.86m	no data
Stuart McElhinney	Vice President of Investor Relations	no data	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	18.1yrs	no data	no data
Theodore Guth	Senior Advisor	no data	US$1.62m	no data

14.5yrs

Average Tenure

63yo

Average Age

Experienced Management: DEI's management team is seasoned and experienced (14.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jordan Kaplan	President	19.8yrs	US$8.24m	1.7% $ 63.3m
Kenneth Panzer	COO & Director	18.1yrs	US$8.23m	0.52% $ 19.4m
William Simon	Independent Director	12.5yrs	US$169.15k	0.027% $ 999.7k
Thomas O'Hern	Independent Director	18.1yrs	US$186.45k	0.029% $ 1.1m
Leslie Bider	Independent Director	18.1yrs	US$180.68k	0.10% $ 3.9m
Dan Emmett	Chairman of the Board	19.8yrs	US$375.52k	0.53% $ 19.6m
Dorene Dominguez	Independent Director	3.6yrs	US$169.15k	no data
Ray Leonard	Independent Director	2.6yrs	US$169.15k	no data
Virginia McFerran	Lead Independent Director	9.5yrs	US$180.68k	no data
Shirley Wang	Independent Director	2.6yrs	US$169.15k	0.17% $ 6.3m

15.3yrs

Average Tenure

65.5yo

Average Age

Experienced Board: DEI's board of directors are seasoned and experienced ( 15.3 years average tenure).

Douglas Emmett Management

Management criteria checks 4/4

Key information

Recent management updates

Independent Director recently bought US$592k worth of stock

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

Recent updates

Consensus EPS estimates increase by 22%

Price target increased by 12% to US$17.36

Douglas Emmett, Inc. to Report Q3, 2024 Results on Nov 04, 2024

Upcoming dividend of US$0.19 per share

Douglas Emmett: Attractively Valued Before Fed Policy Normalization (Rating Upgrade)

Second quarter dividend of US$0.19 announced

Consensus EPS estimates increase by 15%

Consensus EPS estimates increase from loss to US$0.031 profit, revenue downgraded

Second quarter 2024 earnings: EPS exceeds analyst expectations

Douglas Emmett, Inc. to Report Q2, 2024 Results on Aug 08, 2024

Consensus EPS estimates upgraded to US$0.11 loss

Independent Director recently bought US$592k worth of stock

First quarter dividend of US$0.19 announced

Douglas Emmett Declares Quarterly Cash Dividend, Payable on July 16, 2024

New major risk - Revenue and earnings growth

Douglas Emmett: Good Residential Performance Is Swamped By Office Market Realities

Now 21% undervalued

First quarter 2024 earnings released: EPS: US$0.053 (vs US$0.10 in 1Q 2023)

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