JBG SMITH Properties CEO W Kelly's 2020 pay jumps 51% to $7.4M

JBG SMITH Properties reports 2020 executive compensation

By ExecPay News

Published: March 17, 2021

JBG SMITH Properties reported fiscal year 2020 executive compensation information on March 17, 2021.
In 2020, six executives at JBG SMITH Properties received on average a compensation package of $3M, a 15% increase compared to previous year.
Average pay of disclosed executives at JBG SMITH Properties
W. Matthew Kelly, Chief Executive Officer, received $7.4M in total, which increased by 51% compared to 2019. 81% of Kelly's compensation, or $6M, was in stock awards. Kelly also received $638K in bonus, $750K in salary, as well as $8.6K in other compensation.
For fiscal year 2020, the median employee pay was $85,843 at JBG SMITH Properties. Therefore, the ratio of W. Matthew Kelly's pay to the median employee pay was 86 to one.
Kevin "Kai" Reynolds, Chief Development Officer, received a compensation package of $2.4M, which increased by 14% compared to previous year. 62% of the compensation package, or $1.5M, was in stock awards.
David P. Paul, Chief Operating Officer, earned $2.4M in 2020, a 26% decrease compared to previous year.
Stephen W. Theriot, Chief Financial Officer, received $2.2M in 2020, which increases by 1% compared to 2019.
M. Moina Banerjee, Chief Financial Officer, earned $1.7M in 2020, a 5% increase compared to previous year.
Steven A. Museles, Chief Legal Officer, received $1.7M in 2020, which increases by 12% compared to 2019.

Related executives

W Kelly

JBG SMITH Properties

Chief Executive Officer

David Paul

JBG SMITH Properties

Chief Operating Officer

Steven Museles

JBG SMITH Properties

Chief Legal 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 March 17, 2021.