Ouch

Anthony LoPinto

The New York Times ran a special feature on executive pay over the weekend with the front page article reporting that the top 200 executives sampled have seen their average compensation drop 15% year over year between 2014 to 2015. The 2014 high-bar was $22.6 million, and cash and stock awards skidded in the new survey.

Some say that executive pay may have peeked as compensation committees have come under greater pressure from shareholders to keep compensation in check. The reality is that compensation has crept up over the last decade and Boards have been slow to manage CEO compensation awards. However, there is an interesting anomaly reported by the Times. The study found that Board that have more women on it, the boss may make even more money. An analysis of CEO pay at 100 large companies last year found that companies with greater gender diversity on their boards paid their chief executives 15% more than comp awards by less diverse boards.

Maybe the answer is the board with greater diversity perform better, resulting in more compensation for the CEO. Now that’s a good reason for the CEO to get serious and diversify his or her board.

JOB LISTINGS

CBRE Vice President – Global Sales Management Operations (LOS ANGELES, CA) Position will be responsible for the development and implementation of the Sales Management platform globally, specifically focused on enabling business transformation through the delivery of a connected suite of technology products. (Sponsored Job)

GRUBB PROPERTIES, INC. Operations Analyst, Multi-Family (CHARLOTTE, NC) Analyst will be responsible for providing analytical support for the multi-family division regarding acquisitions, dispositions, and reporting.

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IOWA FINANCE AUTHORITY Iowa Title Guaranty Deputy Director (DES MOINES, IA) Deputy Director will perform the following: developing underwriting, claims, mortgage release certificate program, forty year title plant waiver requests; and participant agreements and third party vendor contracts.

TRAMMELL CROW RESIDENTIAL Development Analyst (MILL VALLEY, CA) Position will support project managers and Principals on a variety of residential and mixed-use projects in San Francisco and the Bay Area; and work throughout the entire development life cycle from acquisitions and due diligence, through entitlements, permitting, construction and lease-up.

JONES LANG LASALLE Portfolio Analyst/Associate (CHICAGO, IL) Duties include: assuming primary responsibility for developing actionable portfolio analysis for the portfolio management team to promote strategic thinking; and assisting portfolio manager on the development and preparation of annual strategic plans for each investment vehicle.

THE PRESIDIUM GROUP Commercial Property Manager (HOUSTON, TX) Position will be responsible for the successful day-to-day financial, administrative, leasing, and maintenance operation of the office building while assuring the company’s standards are achieved and excellent customer service is delivered.

DENHAM WOLF REAL ESTATE SERVICES Manager/Senior Manager, Transaction Services (NEW YORK, NY) As a member of the Transaction Services practice group, the Manager/Senior Manager will work directly with clients in areas including brokerage, financial analysis, and strategic planning for capital projects.