Paramount Group, Inc.

NYSE:PGRE Stock Report

Market Cap: US$1.1b

Paramount Group Management

Management criteria checks 2/4

Paramount Group's CEO is Albert Paul Behler, appointed in Jan 2014, has a tenure of 10.92 years. total yearly compensation is $20.24M, comprised of 5.4% salary and 94.6% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth $3.27M. The average tenure of the management team and the board of directors is 8.2 years and 8.8 years respectively.

Key information

Albert Paul Behler

Chief executive officer

US$20.2m

Total compensation

CEO salary percentage5.4%
CEO tenure10.9yrs
CEO ownership0.3%
Management average tenure8.2yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

Paramount Group: A Speculative Buy As Era Of Rate Cuts Begins (Rating Upgrade)

Sep 21

Paramount Group: Blue Chip Tenants And Rock Bottom Valuation

Mar 01

Paramount Group: Pull The Plug

Nov 16

Paramount Group: Upcoming Debt Maturity Wall Could Mean More Downside

Aug 21

Paramount FFO of $0.25 beats by $0.01, revenue of $184.03M misses by $2.58M, guidance in-line

Feb 15

Paramount declares $0.0775 dividend

Dec 15

Paramount FFO of $0.24 in-line, revenue of $187.15M beats by $2.17M

Oct 26

Paramount Group: A Concentrated Portfolio Of Class A Office Buildings

Oct 03

Paramount declares $0.0775 dividend

Sep 15

Paramount Q2 FFO, revenue up, raises FY22 core FFO guidance

Jul 26

Paramount Group: Nothing Special Here

Jun 12

CEO Compensation Analysis

How has Albert Paul Behler's remuneration changed compared to Paramount Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$213m

Jun 30 2024n/an/a

-US$212m

Mar 31 2024n/an/a

-US$252m

Dec 31 2023US$20mUS$1m

-US$260m

Sep 30 2023n/an/a

-US$92m

Jun 30 2023n/an/a

-US$85m

Mar 31 2023n/an/a

-US$38m

Dec 31 2022US$9mUS$1m

-US$36m

Sep 30 2022n/an/a

US$3m

Jun 30 2022n/an/a

US$2m

Mar 31 2022n/an/a

-US$13m

Dec 31 2021US$10mUS$1m

-US$20m

Sep 30 2021n/an/a

-US$26m

Jun 30 2021n/an/a

-US$33m

Mar 31 2021n/an/a

-US$25m

Dec 31 2020US$9mUS$1m

-US$20m

Sep 30 2020n/an/a

-US$25m

Jun 30 2020n/an/a

-US$12m

Mar 31 2020n/an/a

-US$3m

Dec 31 2019US$9mUS$1m

-US$3m

Sep 30 2019n/an/a

US$11m

Jun 30 2019n/an/a

US$45m

Mar 31 2019n/an/a

US$10m

Dec 31 2018US$10mUS$1m

US$3m

Sep 30 2018n/an/a

-US$3m

Jun 30 2018n/an/a

-US$51m

Mar 31 2018n/an/a

US$87m

Dec 31 2017US$10mUS$1m

US$86m

Compensation vs Market: Albert Paul's total compensation ($USD20.24M) is above average for companies of similar size in the US market ($USD3.21M).

Compensation vs Earnings: Albert Paul's compensation has increased whilst the company is unprofitable.

CEO

Albert Paul Behler (72 yo)

10.9yrs

Tenure

US$20,235,912

Compensation

Mr. Albert Paul Thomas Behler serves as Chief Executive officer, President and Chairman at Paramount Group Real Estate Advisor LLC. He has been the Chief Executive Officer, President of Paramount Group, In...

Leadership Team

NamePositionTenureCompensationOwnership
Albert Paul Behler
Chairman10.9yrsUS$20.24m0.30%
$ 3.3m
Wilbur Paes
COO, CFO & Treasurer8.8yrsUS$9.07m0.0046%
$ 50.9k
Gage Johnson
Senior VP15.6yrsUS$2.45m0.0034%
$ 38.2k
Peter Brindley
Executive VP & Head of Real Estate7yrsUS$6.31mno data
Ermelinda Berberi
Senior VP & Chief Accounting Officer7.7yrsno datano data
Thomas Hennessy
Vice President of Business Development & Investor Relationsno datano datano data
Vito Messina
Senior Vice President of Asset Managementno datano datano data
David Eaton
Senior Vice President of Leasing6.6yrsno datano data

8.2yrs

Average Tenure

54yo

Average Age

Experienced Management: PGRE's management team is seasoned and experienced (8.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Albert Paul Behler
Chairman10.9yrsUS$20.24m0.30%
$ 3.3m
Thomas Armbrust
Independent Director10.9yrsUS$196.25k0.14%
$ 1.6m
Martin Bussmann
Lead Independent Director8.8yrsUS$249.36kno data
Hitoshi Saito
Independent Director2.6yrsUS$191.25k0.031%
$ 338.5k
Karin Klein
Independent Director8.8yrsUS$184.36kno data
Paula Sutter
Independent Director2.4yrsUS$184.36kno data
Mark Patterson
Independent Director6.6yrsUS$184.36kno data
Katharina Otto-Bernstein
Independent Director10.1yrsUS$179.36k15.43%
$ 170.8m
Gregory Wright
Independent Director4.6yrsUS$197.49kno data

8.8yrs

Average Tenure

64yo

Average Age

Experienced Board: PGRE's board of directors are considered experienced (8.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 09:39
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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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Industry and Sector Metrics

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Analyst Sources

Paramount Group, Inc. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey SpectorBofA Global Research
Michael GormanBTIG
James SullivanBTIG