In 2023, C. Brent Smith earned $3.06M in total compensation at Piedmont Office Realty Trust, including $700.00K salary, $1.05M bonus and $1.29M in stock. Most recently acquired 128,580 shares in Feb 2025. Currently holds stock worth $3.70M. 6+ years at the helm of Piedmont Office Realty Trust.
Compensation History
Annual executive compensation data for C. Brent Smith, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.06M
Salary
$700.00K
Bonus
$1.05M
Other
$22.75K
Salary
$700.00KBoard Justification
The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, while maintaining competitive compensation to attract and retain top talent.
Bonus
$1.05MBoard Justification
The actual amount earned under the STIC Plan for 2023 was $1,050,000, which represents 100% of his target opportunity of $1,050,000 based on performance metrics established by the Compensation Committee.
Other Compensation
$22.75KBoard Justification
Other compensation includes matching contributions to 401(k) and premiums for company-paid life insurance.
Restricted Stock
Board Justification
The value of the stock that vested in 2023 is based on the number of shares that vested during the year, which was 112,073 shares.
Performance Metrics
The performance metrics for 2023 included Core FFO per share relative to budget, leasing volume, net debt to Core EBITDA ratio, and Same Store NOI.
C. Brent Smith
CEO of Piedmont Office Realty Trust
Education
Bachelor's degree in Business Administration from Southern Methodist University.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
January 1, 1979 - 46 years ago
CEO of Piedmont Office Realty Trust for
6 years 5 months (Jun 2019 - Present)
Previous Experience
Executive Director with Morgan Stanley's real estate investment banking division for eight years.
Other Piedmont Office Realty Trust CEOs
Holdings
Track C. Brent Smith's stock holdings and portfolio value over time.
Insider Trading
C. Brent Smith's recent stock transactions, purchases, and sales filed with the SEC.
128,580 shares
PDM
Feb 3, 2025
Received
$53.69K
PDM at $7.67/share
Mar 15, 2023
Purchase
30,223 shares
PDM
Feb 1, 2023
Received
134,666 shares
PDM
Feb 2, 2022
Received
$49.36K
PDM at $17.63/share
Sep 3, 2021
Purchase
19,618 shares
PDM
Feb 2, 2021
Received
$50.77K
PDM at $11.41/share
Nov 2, 2020
Purchase
16,370 shares
PDM
Feb 4, 2020
Received
16,370 shares
PDM
Feb 4, 2020
Received
66,722 shares
PDM
May 3, 2019
Received
Rivals
Compare C. Brent Smith with competitor CEOs and industry peers.
Marc Holliday
CEO of SL Green Realty
2023 Compensation
Stock
$0.00
Salary
$1.25M
Bonus
$2.91M
Other
$36.46K
Total Holdings
$361.23M
Theodore J. Klinck
CEO of Highwoods Properties
2023 Compensation
Stock
$1.12M
Salary
$757.50K
Bonus
$1.22M
Other
$191.46K
Total Holdings
$22.71M
Owen D. Thomas
CEO of Boston Properties
2023 Compensation
Stock
$0.00
Salary
$950.00K
Bonus
$2.72M
Other
$31.64K
Total Holdings
$61.10M
Jordan Kaplan
CEO of Douglas Emmett
2023 Compensation
Stock
$9.29M
Salary
$800.00K
Bonus
$0.00
Other
$21.11K
Total Holdings
$59.34M