In 2023, Owen D. Thomas earned $3.70M in total compensation at Boston Properties, including $950.00K salary and $2.72M bonus. Most recently acquired 9,002 shares in Jun 2013. Currently holds stock worth $635.18K. Has led Boston Properties for over 12 years.
Compensation History
Annual executive compensation data for Owen D. Thomas, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.70M
Salary
$950.00K
Bonus
$2.72M
Other
$31.64K
Salary
$950.00KBoard Justification
The compensation philosophy is designed to attract and retain talented executives while aligning their interests with those of stockholders through a significant portion of compensation being performance-based and tied to long-term company performance.
Bonus
$2.72MBoard Justification
The actual earned bonus for 2023 was determined based on the achievement of Company and individual performance goals, with a target bonus of $2,350,000.
Other Compensation
$31.64KBoard Justification
Other compensation includes life insurance premiums, 401(k) company match, and advisor fees incurred in connection with his employment agreement.
Restricted Stock
Board Justification
No stock grants were vested in 2023 as all stock awards were either granted or vested in previous years.
Performance Metrics
The performance metrics for determining compensation included diluted FFO per share, leasing performance, and total stockholder return.
Owen D. Thomas
CEO of Boston Properties
Education
B.A. in Mechanical Engineering from the University of Virginia; M.B.A. from Harvard Business School
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
January 1, 1962 - 63 years ago
CEO of Boston Properties for
12 years 8 months (Apr 2013 - Present)
Previous Experience
Chairman of the Board of Directors of Lehman Brothers Holdings Inc. since March 2012; various positions at Morgan Stanley from 1987 until 2011, including Chief Executive Officer of Morgan Stanley Asia Ltd.
Other Boston Properties CEOs
Holdings
Track Owen D. Thomas's stock holdings and portfolio value over time.
Insider Trading
Owen D. Thomas's recent stock transactions, purchases, and sales filed with the SEC.
$1.00M
BXP at $111.10/share
Jun 18, 2013
Purchase
Rivals
Compare Owen D. Thomas 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
Jordan Kaplan
CEO of Douglas Emmett
2023 Compensation
Stock
$9.29M
Salary
$800.00K
Bonus
$0.00
Other
$21.11K
Total Holdings
$59.34M