PDM · Piedmont Realty Trust, Inc. · Executive Compensation

$9.51 +0.33 (+3.59%) At close · Oct 29 Q3 2026 earnings call transcript

Russell 2000 member Rebalance outlook locked

Market Cap

$1.15B

123.82M

Volume · Oct 29 1.56M Avg daily vol (3M) 1.47M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Brent Smith	President & Chief Executive Officer Sherry L. Rexroad EVP & Chief Financial Officer	$710,000	—	$3,766,342	—	$1,250,000	$31,000	$5,757,342
C. Brent Smith	President & Chief Executive Officer	$710,000	—	$3,766,342	—	$1,250,000	$31,000	$5,757,342
Sherry Rexroad	EVP & Chief Financial Officer	$500,000	—	$1,052,355	—	$600,000	$8,688	$2,161,043
George M. Wells	EVP & Chief Operating Officer	$440,000	—	$830,811	—	$515,000	$34,750	$1,820,561
George Wells	EVP & Chief Operating Officer	$440,000	—	$830,811	—	$515,000	$34,750	$1,820,561
Christopher Kollme	EVP, Investments	$383,750	—	$443,098	—	$432,500	$31,000	$1,290,348
Laura P. Moon	EVP & Chief Accounting Officer	$300,500	—	$332,326	—	$245,000	$31,000	$908,826

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Brent Smith	President & Chief Executive Officer	$700,000	—	$3,739,478	—	$1,236,480	$23,000	$5,698,958
C. Brent Smith	President & Chief Executive Officer	$700,000	—	$3,739,478	—	$1,236,480	$23,000	$5,698,958
Robert Bowers	Executive Vice President & Chief Financial & Administrator Officer	$475,000	—	$573,212	—	$559,360	$1,948,891	$3,556,463
George M. Wells	Executive Vice President & Chief Operating Officer	$410,000	—	$756,144	—	$500,000	$30,500	$1,696,644
George Wells	Executive Vice President & Chief Operating Officer	$410,000	—	$756,144	—	$500,000	$30,500	$1,696,644
Christopher Kollme	Executive Vice President - Investments	$378,750	—	$412,442	—	$389,204	$30,500	$1,210,896
Robert K. Wiberg	Executive Vice President - Northeast & Head of Development Other NEOs	$360,000	—	$213,999	—	$296,755	$210,500	$1,081,254
Sherry Rexroad	Executive Vice President & Chief Financial Officer	$122,143	—	$600,000	—	$139,840	$53,094	$915,077

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Brent Smith	President & Chief Executive Officer	$700,000	—	$5,377,972	—	$1,050,000	$22,748	$7,150,720
C. Brent Smith	President & Chief Executive Officer	$700,000	—	$5,377,972	—	$1,050,000	$22,748	$7,150,720
Robert Bowers	Executive Vice President & Chief Financial & Administrator Officer	$465,000	—	$1,638,875	—	$465,000	$30,173	$2,599,048
George Wells	Executive Vice President & Chief Operating Officer	$400,000	—	$821,867	—	$425,000	$30,250	$1,677,117
George M. Wells	Executive Vice President & Chief Operating Officer	$400,000	—	$821,867	—	$425,000	$30,250	$1,677,117
Christopher Kollme	Executive Vice President - Investments	$373,750	—	$633,889	—	$340,000	$30,250	$1,377,889
Robert K. Wiberg	Executive Vice President - Northeast & Head of Development Other NEOs	$360,000	—	$576,811	—	$230,000	$30,174	$1,196,985

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
C. Brent Smith	President & Chief Executive Officer	$650,000	—	$2,478,040	—	$877,500	$20,748	$4,026,288
Brent Smith	President & Chief Executive Officer	$650,000	—	$2,478,040	—	$877,500	$20,748	$4,026,288
Robert Bowers	Executive Vice President & Chief Financial & Administrator Officer	$455,000	—	$1,032,936	—	$440,000	$27,173	$1,955,109
George M. Wells	Executive Vice President & Chief Operating Officer	$375,000	—	$432,712	—	$365,000	$27,250	$1,199,962
George Wells	Executive Vice President & Chief Operating Officer	$375,000	—	$432,712	—	$365,000	$27,250	$1,199,962
Christopher Kollme	Executive Vice President - Investments	$363,750	—	$366,748	—	$340,000	$27,250	$1,097,748
Robert K. Wiberg	Executive Vice President - Northeast & Head of Development Other NEOs	$355,000	—	$371,752	—	$230,000	$27,174	$983,926

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Brent Smith	President & Chief Executive Officer	$600,000	—	$2,040,930	—	$900,000	$19,748	$3,560,678
C. Brent Smith	President & Chief Executive Officer	$600,000	—	$2,040,930	—	$900,000	$19,748	$3,560,678
Robert Bowers	Executive Vice President & Chief Financial & Administrator Officer	$450,000	—	$1,141,165	—	$510,000	$26,248	$2,127,413
George M. Wells	Executive Vice President & Chief Operating Officer	$360,000	—	$458,189	—	$425,000	$26,250	$1,269,439
George Wells	Executive Vice President & Chief Operating Officer Robert K. Wiberg Executive Vice President - Northwest & Head of Development	$360,000	—	$458,189	—	$425,000	$26,250	$1,269,439
Christopher Kollme	Executive Vice President - Investments & Strategy	$358,750	—	$441,301	—	$360,000	$21,415	$1,181,466
Robert K. Wiberg	Executive Vice President —Northeast Region and Co‑Head of Development	$348,500	—	$424,306	—	$270,000	$26,250	$1,069,056

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
C. Brent Smith	President and Chief Executive Officer	$600,000	—	$1,974,037	—	$600,000	$19,686	$3,193,723
Brent Smith	President and Chief Executive Officer	$600,000	—	$1,974,037	—	$600,000	$19,686	$3,193,723
Robert Bowers	Executive Vice President and Chief Financial and Administrator Officer	$450,000	—	$1,229,412	—	$335,000	$26,186	$2,040,598
Christopher Kollme	Executive Vice President — Investments and Strategy	$358,750	—	$451,447	—	$235,000	$13,186	$1,058,383
Robert K. Wiberg	Executive Vice President —Northeast Region and Co‑Head of Development	$348,500	—	$451,447	—	$185,000	$26,186	$1,011,133
George Wells	Executive Vice President and Chief Operating Officer	$315,000	—	$391,466	—	$235,000	$26,186	$967,652
George M. Wells	Executive Vice President and Chief Operating Officer	$315,000	—	$391,466	—	$235,000	$26,186	$967,652

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
C. Brent Smith	President and Chief Executive Officer	$499,007	—	$3,781,716	—	$895,000	$19,156	$5,194,879
Brent Smith	President and Chief Executive Officer	$499,007	—	$3,781,716	—	$895,000	$19,156	$5,194,879
Donald A. Miller	Former Chief Executive Officer	$370,000	—	$3,266,596	—	—	$1,075,078	$4,711,674
Robert Bowers	Executive Vice President and Chief Financial and Administrative Officer	$457,500	—	$1,168,437	—	$540,000	$25,156	$2,191,093
Carroll A. Reddic IV	Former EVP — Real Estate Operations	$150,000	—	$439,726	—	—	$662,219	$1,251,945
Christopher Kollme	Executive Vice President — Investments and Strategy	$350,000	—	$439,726	—	$375,000	$4,906	$1,169,632
Robert K. Wiberg	Executive Vice President — Northeast Region and Co-Head of Development	$340,000	—	$439,726	—	$275,000	$25,156	$1,079,882
Thomas R. Prescott	Executive Vice President — Midwest Region	$300,000	—	$439,726	—	$245,000	$25,156	$1,009,882

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Donald A. Miller	Former Chief Executive Officer	$740,000	—	$3,167,024	—	$1,147,000	$27,659	$5,081,683
Robert Bowers	Executive Vice President and Chief Financial and Administrative Officer	$465,000	—	$1,149,366	—	$541,000	$24,750	$2,180,116
C. Brent Smith	President and Chief Executive Officer	$350,000	—	$630,716	—	$494,000	$18,750	$1,493,466
Brent Smith	President and Chief Executive Officer	$350,000	—	$630,716	—	$494,000	$18,750	$1,493,466
Christopher Kollme	Executive Vice President — Capital & Strategy	$350,000	—	$434,137	—	$365,000	$4,875	$1,154,012
Robert K. Wiberg	Executive Vice President — Northeast Region and Co-Head of Development	$330,000	—	$434,137	—	$250,000	$24,750	$1,038,887
Carroll A. Reddic IV	Former EVP — Real Estate Operations	$300,000	—	$434,137	—	$244,000	$24,656	$1,002,793
Thomas R. Prescott	Executive Vice President — Midwest Region	$300,000	—	$390,554	—	$230,000	$18,531	$939,085

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Donald A. Miller	Former Chief Executive Officer	$720,000	—	$3,192,790	—	$950,486	$26,350	$4,889,626
Robert Bowers	Executive Vice President and Chief Financial Officer	$450,000	—	$1,149,412	—	$442,575	$24,248	$2,066,235
C. Brent Smith	President and Chief Executive Officer	$300,000	—	$446,983	—	$400,000	$12,190	$1,159,173
Brent Smith	President and Chief Executive Officer	$300,000	—	$446,983	—	$400,000	$12,190	$1,159,173
Robert K. Wiberg	Executive Vice President — Northeast Region and Head of Development Other NEOs:	$320,000	—	$446,983	—	$196,700	$24,250	$987,933
Christopher Kollme	Executive Vice President — Finance & Strategy	$197,885	—	$424,229	—	$344,225	$2,619	$968,958
Carroll A. Reddic IV	Former EVP — Real Estate Operations	$275,000	—	$446,983	—	$189,324	$24,250	$935,557
Thomas R. Prescott	Executive Vice President — Midwest Region	$275,000	—	$351,192	—	$196,700	$11,593	$834,485

Executive changes

Person	Role	Change	Effective	Filed
Dale H. Taysom	director	Appointed	2026-05-12	2026-05-12
Stephen E. Lewis	director	Appointed	2026-05-12	2026-05-12
C. Brent Smith	director	Appointed	2026-05-12	2026-05-12
Barbara B. Lang	director	Appointed	2026-05-12	2026-05-12
Mary M. Hager	director	Appointed	2026-05-12	2026-05-12
Deneen L. Donnley	director	Appointed	2026-05-12	2026-05-12
Jeffrey J. Donnelly	director	Appointed	2026-05-12	2026-05-12
Glenn G. Cohen	director	Appointed	2026-05-12	2026-05-12
Kelly H. Barrett	director	Appointed	2026-05-12	2026-05-12
Alex Valente	Executive Vice President and Co-Chief Operating Officer	Appointed	2026-02-03	2026-02-03
Stephen E. Lewis	director	Appointed	2025-02-26	2025-02-27
Deneen L. Donnley	director	Appointed	2025-02-26	2025-02-27
Jeffrey J. Donnelly	director	Appointed	2025-02-26	2025-02-27
Robert K. Wiberg	Executive Vice President - Northwest and Head of Development	Terminated	2024-12-31	2024-12-17
Robert Bowers	Executive Vice President, & Chief Financial and Administrative Officer of Piedmont	Resigned	2024-11-08	2024-09-30
Sherry Rexroad	Chief Financial Officer	Appointed	2024-11-08	2024-09-30
Jeffrey L. Swope	Chair of the Capital Committee	Retired	2024-05-07	2024-05-07
Frank McDowell	former Chair of the Board of Directors	Retired	2024-05-07	2024-05-07
Kelly H. Barrett	Chair of the Board of Directors	Appointed	2024-05-07	2024-05-07
Mary Hager	Director	Appointed	2022-12-13	2022-12-14
Venkatesh S. Durvasula	director	Appointed	2022-08-01	2022-08-02

Leadership

Brent Smith CEO, Board Member
C. Brent Smith CEO, Board Member
Kelly H. Barrett Chairman, Board Member
Alex Valente COO
George M. Wells COO
George Wells COO
Laura P. Moon Chief Accounting Officer
Barbara B. Lang Board Member
Dale H. Taysom Board Member
Deneen L. Donnley Board Member
Glenn G. Cohen Board Member
Jeffrey J. Donnelly Board Member
Mary Hager Board Member
Mary M. Hager Board Member
Stephen E. Lewis Board Member
Venkatesh S. Durvasula Board Member

Key facts CIK 1042776 CUSIP 720190206 13F (30d) 64 filings 54 filers Visit website Investor relations