other
confidence high
sentiment neutral
materiality 0.25
Pebblebrook Hotel Trust discloses 2024 executive compensation arrangements
Pebblebrook Hotel Trust
- CEO Bortz: base salary $817k, target cash bonus $1.345M (165% of base), 95,747 LTIP units time-vesting.
- CFO Martz: base salary $543k, target cash bonus $570k (105% of base), 40,606 LTIP units time-vesting.
- President Fisher: base salary $543k, target cash bonus $570k (105% of base), 40,606 RSUs time-vesting.
- 60% of long-term equity is performance-based (3-yr TSR vs. peers); 40% time-vests over 3 years.
- 2024 annual bonus tied to six objectives; total payout capped at 200% of target per officer.