Kilroy Realty Corporation (KRC)

32.53 -0.19 (-0.58%) At close: 04:00PM EDT

Kilroy Realty Corporation

12200 West Olympic Boulevard
Suite 200
Los Angeles, CA 90064-1044
United States
310 481 8400
https://www.kilroyrealty.com

Sector(s): Real Estate
Industry: REIT—Office
Full-time employees: 259

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John B. Kilroy Jr.	Chairman & CEO	5.57M	N/A	1949
Mr. Justin William Smart	Pres	1.35M	N/A	1960
Mr. Eliott Trencher	Exec. VP, CFO, Chief Investment Officer & Treasurer	1.24M	N/A	1984
Mr. A. Robert Paratte	Exec. VP, Chief Leasing Officer & Sr. Advisor to the Chairman	1.36M	N/A	1956
Ms. Merryl Elizabeth Werber	Sr. VP, Controller & Chief Accounting Officer	N/A	N/A	1971
Ms. Heidi Rena Roth	Exec. VP, Chief Admin. Officer & Sec.	N/A	N/A	1972
Mr. William E. Hutcheson	Sr. VP of Investor Relations & Capital Markets	N/A	N/A	N/A
Mr. Mike Grisso	Sr. VP of Devel. & Land Planning	N/A	N/A	N/A
Mr. Nelson Ackerly	Sr. VP of San Diego Region	N/A	N/A	N/A
Mr. Rob Swartz	Sr. VP of Pacific Northwest	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Kilroy Realty Corporation (NYSE: KRC, the “company”, “Kilroy”) is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, the Pacific Northwest and Austin, Texas. The company has earned global recognition for sustainability, building operations, innovation and design. As pioneers and innovators in the creation of a more sustainable real estate industry, the company's approach to modern business environments helps drive creativity and productivity for some of the world's leading technology, entertainment, life science and business services companies. The company is a publicly traded real estate investment trust (“REIT”) and member of the S&P MidCap 400 Index with more than seven decades of experience developing, acquiring and managing office, life science and mixed-use projects. As of June 30, 2023, Kilroy's stabilized portfolio totaled approximately 16.2 million square feet of primarily office and life science space that was 86.6% occupied and 88.6% leased. The company also had more than 1,000 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 92.7%. In addition, the company had two in-process life science redevelopment projects with total estimated redevelopment costs of $80.0 million, totaling approximately 100,000 square feet, and three in-process development projects with an estimated total investment of $1.7 billion, totaling approximately 1.7 million square feet of office and life science space. The in-process development and redevelopment office and life science space is 35% leased.

Corporate governance

Kilroy Realty Corporation’s ISS governance QualityScore as of 1 September 2023 is 7. The pillar scores are Audit: 6; Board: 6; Shareholder rights: 6; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.