JBG SMITH Properties CEO W Kelly's 2018 pay jumps 88% to $11M

JBG SMITH Properties reports 2018 executive compensation

By ExecPay News

Published: February 27, 2019

JBG SMITH Properties reported fiscal year 2018 executive compensation information on February 27, 2019.
In 2018, five executives at JBG SMITH Properties received on average a compensation package of $5.1M, a 29% increase compared to previous year.
Average pay of disclosed executives at JBG SMITH Properties
W. Matthew Kelly, Chief Executive Officer, received $11M in total, which increased by 88% compared to 2017. 87% of Kelly's compensation, or $9.8M, was in stock awards. Kelly also received $750K in bonus, $750K in salary, as well as $8.3K in other compensation.
For fiscal year 2018, the median employee pay was $93,450 at JBG SMITH Properties. Therefore, the ratio of W. Matthew Kelly's pay to the median employee pay was 121 to one.
David P. Paul, Chief Operating Officer, received a compensation package of $4.8M, which increased by 14% compared to previous year. 74% of the compensation package, or $3.6M, was in stock awards.
Kevin "Kai" Reynolds, Chief Development Officer, earned $3.5M in 2018.
Stephen W. Theriot, Chief Financial Officer, received $3.1M in 2018, which increases by 13% compared to 2017.
M. Moina Banerjee, EVP, Head of Capital Markets, earned $2.5M in 2018.

Related executives

W Kelly

JBG SMITH Properties

Chief Executive Officer

David Paul

JBG SMITH Properties

Chief Operating Officer

Stephen Theriot

JBG SMITH Properties

Chief Financial Officer

Kevin Reynolds

JBG SMITH Properties

Chief Development Officer

M Banerjee

JBG SMITH Properties

Chief Financial Officer

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Source: SEC filing on February 27, 2019.