Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Christian Ulbrich earned $9.98M in total compensation at Jones Lang LaSalle, including $1.03M salary, $2.29M bonus and $6.62M in stock. Most recently acquired 25,151 shares in Mar 2024. Currently holds stock worth $40.77M. 9+ years at the helm of Jones Lang LaSalle.

Compensation History

Annual executive compensation data for Christian Ulbrich, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$9.98M

Salary

$1.03M

Bonus

$2.29M

Other

$35.05K

Salary

$1.03M

Board Justification

The compensation philosophy is designed to align executive pay with shareholder interests, emphasizing performance-based compensation that rewards executives for achieving financial and strategic goals. The program aims to attract and retain top talent while promoting behaviors that drive business success.

Bonus

$2.29M

Board Justification

The bonus is based on the Annual Incentive Plan (AIP) structure, which aligns executive compensation with JLL’s enterprise performance and individual performance against strategic leadership goals. The final cash AIP award for 2023 was calculated based on financial performance results and a Leadership Multiplier of 100%.

Other Compensation

$35.05K

Board Justification

Other compensation includes 401(k) match and pension contributions, tax preparation services, and other benefits.

Restricted Stock

$6.62M46.91K RSU

Board Justification

The stock that vested in 2023 includes shares from previously granted performance share units (PSUs) and restricted stock units (RSUs). The total number of shares that vested in 2023 was 46,911, based on performance metrics achieved.

Performance Metrics

The performance metrics for determining the compensation include AIP Adjusted EBITDA, AIP Adjusted EBITDA Margin, and Free Cash Flow, which are aligned with JLL’s overall corporate performance.

J

Christian Ulbrich

CEO of Jones Lang LaSalle

Education

Diplom Kaufmann degree in Business Administration from the University of Hamburg

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

January 1, 1967 - 58 years ago

CEO of Jones Lang LaSalle for

9 years 2 months (Oct 2016 - Present)

Previous Experience

CEO for EMEA, Managing Director of German business, various roles in banks.

Holdings

Track Christian Ulbrich's stock holdings and portfolio value over time.

Total Stock Sold

$730.65K

JLL

$730.65K

5,852 JLL shares

What if they kept their stock?

If Christian Ulbrich didn't sell their stock, today they would have:
Extra JLL5,852 shares worth $1.92M.
This is 162.42% and $1.19M more than what they got when they sold the stock.

Insider Trading

Christian Ulbrich's recent stock transactions, purchases, and sales filed with the SEC.

JLL

25,151 shares

JLL

Mar 31, 2024

Received

JLL

46,911 shares

JLL

Mar 31, 2023

Received

JLL

28,485 shares

JLL

Mar 11, 2022

Received

JLL

$97.75K

JLL at $97.75/share

Feb 12, 2016

Purchase

JLL

$170.15K

JLL at $170.15/share

May 18, 2015

Sale

JLL

$161.30K

JLL at $161.30/share

Mar 18, 2015

Sale

JLL

$125.10K

JLL at $125.10/share

Jul 2, 2012

Sale

JLL

$91.07K

JLL at $81.90/share

Jan 3, 2012

Sale

JLL

$178.35K

JLL at $102.50/share

Feb 16, 2011

Sale

Rivals

Compare Christian Ulbrich with competitor CEOs and industry peers.