Real Estate
Douglas Emmett Executive Compensation (FY25)
DEI · Santa Monica, CA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Jordan Kaplan | Latest say-on-pay support = May 28, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 19, 2026Latest filing (8-K): June 3, 2026
16 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
Velarion Member, one year
191 figures on this page: 180 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jordan Kaplan: $9,083,361 → $9,012,069 (0.8% lower)
CEO pay ratio: 128:1 → 122:1 (4.7% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Douglas Emmett's chief executive and what were they paid?
Jordan Kaplan, Chairman of the Board and Chief Executive Officer, received $9,012,069 in total compensation for fiscal 2025. Kaplan's total was 0.8% lower than the $9,083,361 reported for fiscal 2024.
What was Douglas Emmett's say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 50.0% support at the meeting held May 28, 2026.
Which companies are in Douglas Emmett's peer group?
The disclosed peer group includes Alexandria Real Estate Equities, Inc., BXP, Inc., Empire State Realty Trust, Inc., Hudson Pacific Properties, Inc. and JBG SMITH Properties, Inc., among others.
What is Douglas Emmett's chief executive pay ratio?
The company reported a chief executive pay ratio of 122:1 for fiscal 2025, against median employee compensation of $73,674.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jordan Kaplan Chairman, Chief Executive Officer, President | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Kenneth Panzer President, Chief Operating Officer, Director | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Kevin Crummy | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Peter Seymour | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jordan Kaplan Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Kenneth Panzer President and Chief Operating Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Kevin Crummy Chief Investment Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Peter Seymour Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Michele Aronson Executive Vice President, General Counsel and Secretary | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Kenneth Panzer President and Chief Operating Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Jordan Kaplan Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Peter Seymour Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Kevin Crummy Chief Investment Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Michele Aronson Executive Vice President, General Counsel and Secretary | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jordan Kaplan Chairman of the Board and Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Kenneth Panzer President and Chief Operating Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Peter Seymour Chief Financial Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Michele Aronson Executive Vice President, General Counsel and Secretary | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Kevin Crummy Chief Investment Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Jordan L. Kaplan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kenneth M. Panzer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kevin A. Crummy | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michele L. Aronson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Peter D. Seymour | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Kevin Crummy | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Jordan Kaplan | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Peter Seymour | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Kenneth Panzer | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Michele Aronson | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Jordan Kaplan
Chairman of the Board and Chief Executive Officer · Employment agreement
| Severance multiple | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
Kenneth Panzer
President and Chief Operating Officer · Employment agreement
| Severance multiple | ◇ |
| Benefits continuation | ◇ |
| Excise tax treatment | ◇ |
Kevin Crummy
Chief Investment Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Equity acceleration on change in control | ◇ |
| Excise tax treatment | ◇ |
Michele Aronson
Executive Vice President, General Counsel and Secretary · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Equity acceleration on change in control | ◇ |
| Excise tax treatment | ◇ |
Peter Seymour
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Excise tax treatment | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Thomas E. O'Hern Lead independent director | — | ◇ | — | — | — | — | ◇ |
Leslie E. Bider | — | ◇ | — | — | — | — | ◇ |
Virginia A. McFerran | — | ◇ | — | — | — | — | ◇ |
Shirley Wang | — | ◇ | — | — | — | — | ◇ |
William E. Simon, Jr | — | ◇ | — | — | — | — | ◇ |
Dorene C. Dominguez | — | ◇ | — | — | — | — | ◇ |
Jordan L. Kaplan, Andy Cohen and Kenneth M. Panzer served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as LTIP Units.
Stock ownership guideline: 3x retainer
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Alexandria Real Estate Equities, Inc. ARE
- BXP, Inc. BXP
- Empire State Realty Trust, Inc. ESRT
- Hudson Pacific Properties, Inc. HPP
- JBG SMITH Properties, Inc. JBGS
- Kilroy Realty Corporation KRC
- Piedmont Office Realty Trust, Inc. PDM
- SL Green Realty Corp. SLG
- UDR, Inc. UDR
- Vornado Realty Trust VNO
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 28, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 29, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 30, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 24, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 26, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 27, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 28, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 30, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 31, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | June 1, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | June 2, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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Sample answer — “What is the CEO’s total compensation?”
- Jordan Kaplan (Chairman of the Board and Chief Executive Officer), FY2025 total compensation $9,012,069 (base salary $800,000) [exec_comp, SEC accession 0001364250-26-000020, filed 2026-04-17]What this page does not include
Everything above is a fact Douglas Emmett disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Douglas Emmett sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceSay-on-pay responsiveness
Douglas Emmett recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysisAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
191 figures on this page: 180 cited to the filing that reported them, 11 calculated from figures it prints.
180 cited to the filing
11 calculated from the filing
Documents cited
- 0001364250-26-000034Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-26-0000202025 Summary Compensation Table · CEO Pay Ratio · DIRECTOR COMPENSATION · Director Compensation · and 1 more section
- 0001364250-25-000030Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-25-0000182024 Summary Compensation Table · Compensation Discussion and Analysis
- 0001364250-24-000030Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-24-0000192023 Summary Compensation Table
- 0001364250-24-000003Employment Agreement
- 0001364250-23-000042Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-23-0000172022 Summary Compensation Table
- 0001364250-22-000026Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-21-000030Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-20-000014Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-19-000023Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-18-000020Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-17-000031Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001364250-16-000074Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Douglas Emmett executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DEI (accessed 2026).
Short form: data: Velarion
The Douglas Emmett brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
16 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Real Estate rankings
Peers Douglas Emmett discloses
The companies named in DEI's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}