In 2023, Theodore J. Klinck earned $3.28M in total compensation at Highwoods Properties, including $757.50K salary, $1.22M bonus and $1.12M in stock. Most recently acquired 223,088 shares in Mar 2024. Currently holds stock worth $13.87M. 6+ years at the helm of Highwoods Properties.
Compensation History
Annual executive compensation data for Theodore J. Klinck, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.28M
Salary
$757.50K
Bonus
$1.22M
Other
$191.46K
Salary
$757.50KBoard Justification
The compensation philosophy aims to align executive compensation with company performance and peer benchmarking, focusing on retention and attracting high-quality professionals.
Bonus
$1.22MBoard Justification
The annual non-equity incentive compensation based on performance metrics achieved in 2023, with a target annual incentive percentage of 140%.
Other Compensation
$191.46KBoard Justification
Includes 401(k) match, dividends on restricted stock, financial consulting services, and vehicle allowance.
Restricted Stock
Board Justification
The time-based restricted stock that vested in 2023, with a total value realized of $1,116,604.
Performance Metrics
Performance metrics for the annual non-equity incentive program included FFO per share, net operating income growth, and average occupancy.
Theodore J. Klinck
CEO of Highwoods Properties
Education
Not specified
Field of Expertise
Real Estate & Construction - Real Estate
Sector of Economy
Real Estate
Born
January 1, 1966 - 59 years ago
CEO of Highwoods Properties for
6 years 3 months (Sep 2019 - Present)
Previous Experience
President since November 2018; Chief Operating Officer since September 2015; previously Senior Vice President and Chief Investment Officer at Highwoods and managing director at Morgan Stanley Real Estate.
Other Highwoods Properties CEOs
Holdings
Track Theodore J. Klinck's stock holdings and portfolio value over time.
Total Stock Sold
$1.91M
$1.91M
39,669 HIW shares
What if they kept their stock?
If Theodore J. Klinck didn't sell their stock, today they would have:
Extra HIW39,669 shares worth $1.05M.
This is -44.97% and $860.66K less than what they got when they sold the stock.
Insider Trading
Theodore J. Klinck's recent stock transactions, purchases, and sales filed with the SEC.
223,088 shares
HIW
Mar 1, 2024
Received
$99.07K
HIW at $19.81/share
Mar 23, 2023
Purchase
94,592 shares
HIW
Mar 1, 2023
Received
$141.25K
HIW at $28.25/share
Sep 22, 2022
Purchase
60,816 shares
HIW
Mar 1, 2022
Received
49,832 shares
HIW
Mar 1, 2021
Received
$362.50K
HIW at $36.25/share
Mar 12, 2020
Purchase
40,408 shares
HIW
Mar 1, 2020
Received
7,040 shares
HIW
Sep 1, 2019
Received
17,360 shares
HIW
Mar 1, 2019
Received
Rivals
Compare Theodore J. Klinck 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
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
C. Brent Smith
CEO of Piedmont Office Realty Trust
2023 Compensation
Stock
$1.29M
Salary
$700.00K
Bonus
$1.05M
Other
$22.75K
Total Holdings
$5.97M
Jordan Kaplan
CEO of Douglas Emmett
2023 Compensation
Stock
$9.29M
Salary
$800.00K
Bonus
$0.00
Other
$21.11K
Total Holdings
$59.34M