JBG SMITH Properties CEO W Kelly's 2018 pay jumps 88% to $11.3M

JBG SMITH Properties reports 2018 executive compensation

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 $11.3M in total, which increased by 88% compared to 2017. 86.68% 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. 73.86% 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.