Paul McDermott is President and Chief Executive Officer of Elme Communities (ELME). The company reported total compensation of $3,980,371 for fiscal year 2024.
| Salary | $750,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $2,081,671 |
| Option awards | $0 |
| Non-equity incentive plan | $990,000 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $158,700 |
| Total | $3,980,371 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Elme Communities filed April 17, 2025, accession 0000104894-25-000041.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2024 | President and Chief Executive Officer | $750,000 | $0 | $2,081,671 | $0 | $990,000 | $0 | $158,700 | $3,980,371 |
| FY2023 | President and Chief Executive Officer | $750,000 | $0 | $1,979,304 | $0 | $815,250 | $0 | $163,272 | $3,707,826 |
| FY2022 | President and Chief Executive Officer | $750,000 | $0 | $3,423,365 | $0 | $942,000 | $0 | $163,752 | $5,279,117 |
| FY2021 | President and Chief Executive Officer | $750,000 | $0 | $2,092,080 | $0 | $1,410,000 | $4 | $164,176 | $4,416,260 |
| FY2020 | President and Chief Executive Officer | $750,000 | $823,125 | $2,846,612 | $0 | $0 | $0 | $179,160 | $4,598,897 |
| FY2019 | President and Chief Executive Officer | $650,000 | $0 | $1,886,378 | $0 | $1,178,125 | $0 | $160,754 | $3,875,257 |
Totals as disclosed in each year's own compensation disclosure for Elme Communities.
| Peer-group chief executive median | $5,394,399 |
|---|---|
| Difference from that median | $-1,414,028 |
| Percentile within the disclosed peer group | 42nd |
| Peers with a disclosed figure | 12 |
Medians and percentiles are computed across the peer group Elme Communities discloses in its own compensation disclosure.
| Named executive officer | Role | FY2024 total |
|---|---|---|
| Paul McDermott this page | President and Chief Executive Officer | $3,980,371 |
| Tiffany Butcher | Executive Vice President and Chief Operating Officer | $1,713,120 |
| Steven Freishtat | Executive Vice President and Chief Financial Officer | $1,057,590 |
| Susan Gerock | Senior Vice President and Chief Information Officer | $1,014,975 |
| William Hammond | Senior Vice President, Chief Administrative Officer and Treasurer | $881,748 |
The company's named executive officers for fiscal year 2024, and what it reported for each. See the full Elme Communities compensation brief.
Paul McDermott's compensation sits inside Elme Communities's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.