Deborah McAneny
JONES LANG LASALLEAbout Deborah H. McAneny
Deborah H. McAneny (age 66) has served on JLL’s Board since 2019. She is the former Executive Vice President, Structured and Alternative Investments at John Hancock Financial Services, and brings deep real estate finance, capital markets and board leadership experience; she currently chairs JLL’s Compensation Committee and serves on the Nominating, Governance and Sustainability Committee . JLL classifies her as an independent director under NYSE standards .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| John Hancock Financial Services | Executive Vice President; Policy Committee member overseeing real estate, timber, agricultural and structured fixed income businesses | 20+ years | Led equity investing, mortgage lending, securitization and servicing in real estate; M&A strategy and diligence |
| Benchmark Senior Living | Chief Operating Officer | n/a | Real estate operating experience |
| HFF, Inc. | Director; Lead Independent Director | 2007–Jul 2019 | Capital markets advisory firm acquired by JLL; significant capital markets oversight experience |
External Roles
| Organization | Role | Tenure | Committees/Notes |
|---|---|---|---|
| KKR Real Estate Finance Trust | Director | Current | Public company board service |
| RREEF Property Trust, Inc. (non-traded REIT) | Director | Current | Public company board service |
| First Eagle Alternative Capital BDC, Inc. (f/k/a THL Credit Inc.) | Director | Prior | Closed-end BDC; prior public board experience |
| University of Vermont Foundation | Chair of the Board; former Trustee and Chair | Prior/Current | Non-profit leadership |
Board Governance
- Committee assignments: Chair, Compensation Committee; Member, Nominating, Governance and Sustainability Committee .
- Independence: The Board determined all non-employee directors, including Ms. McAneny, are independent; she is listed “Yes” for independence in the director slate .
- Attendance: In 2024, the Board met 7 times; each director attended at least 80% of Board and applicable committee meetings. Committees met as follows with attendance by all members: Audit & Risk (9 meetings, 98%), Compensation (7, 95%), Nominating/Governance/Sustainability (4, 98%). Executive sessions: Board (8), Audit & Risk (8), Compensation (7) .
- Board leadership: Separate independent Chair (Siddharth “Bobby” Mehta); the Chair also sits on all committees .
- Governance policies: Majority voting; proxy access; prohibition on pledging/hedging; no poison pill; stock ownership guidelines for directors; related-party transaction review policy .
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| 2024 Cash Fees | $138,750 | Aggregate of Board/committee retainers; no meeting fees |
| 2024 Stock Awards (grant-date value) | $200,000 | Annual common stock grant; paid after annual meeting |
| Total 2024 Director Compensation | $338,750 | Sum of cash plus equity |
| Retainer Schedule (effective Jun 1, 2024) | Board $115,000; Chair addl $60,000; Committee Chair $25,000 (Audit/Comp), $15,000 (NGS); Committee member $10,000 (Audit/Comp), $5,000 (NGS) | Cash and stock elements increased by $15,000 annually effective Jun 1, 2024 |
Notes: Directors may elect to receive cash retainers in stock; deferral of retainers/stock available via Deferred Compensation Plan; no perquisites; annual compensation capped at $750,000 (cash+equity) by plan limits .
Performance Compensation
- Non-employee directors do not receive performance-based equity (no PSUs/options); annual equity is common stock with time-based delivery after the annual meeting; no meeting fees or discretionary bonuses disclosed .
- Director compensation benchmarking uses the same peer groups as executive compensation to target median pay levels; Compensation Committee employs an independent consultant (Exequity) and adjusts program periodically (increase in 2024) .
Director Equity Grant Structure
| Item | Detail |
|---|---|
| Vehicle | Common stock (annual grant) |
| Grant Value | $200,000; Chair receives additional $110,000 equity grant |
| Grant Timing | Annually after shareholder meeting |
| Vesting | Delivered as common stock; deferral elections available |
Other Directorships & Interlocks
- Current public boards: KKR Real Estate Finance Trust; RREEF Property Trust, Inc. .
- Prior public boards: HFF, Inc. (lead independent director); First Eagle Alternative Capital BDC .
- Potential interlock consideration: JLL acquired HFF in 2019; Board has a formal related-party review process and determined no director had material relationships impacting independence in its annual review .
Expertise & Qualifications
- Finance/accounting; mergers & acquisitions; public company boards; real estate industry domain expertise (equity investing, mortgage lending, securitization/servicing) .
- Specific familiarity with JLL’s Capital Markets business and industry dynamics .
Equity Ownership
| Holder | Shares Directly Owned (#) | RSUs (#) | Total (#) | Value at 3/31/2025 (at $247.91) |
|---|---|---|---|---|
| Deborah H. McAneny | 16,615 | 0 | 16,615 | $4,119,025 |
- Director stock ownership guideline: $575,000 by 5th anniversary; all directors with 5+ years exceed the guideline as of Mar 31, 2025 (price $247.91) .
- Insider trading policy: Prohibits short sales, pledging, derivatives; hedging strongly discouraged and requires pre-clearance; pre-clear trades and blackout periods for insiders .
Insider Transactions (Form 4)
Governance Assessment
- Board effectiveness: As Compensation Committee Chair, McAneny oversees executive pay design and risk mitigation, uses independent consultants (Exequity) and peer benchmarking; no compensation committee interlocks or insider participation disclosed .
- Independence and engagement: Independent status; robust attendance (≥80% for Board/committees) and participation in a committee with 95% overall attendance in 2024; frequent executive sessions signal active independent oversight .
- Alignment: Meaningful share ownership ($4.12M at 3/31/2025) and policy prohibitions against hedging/pledging; director stock ownership guidelines met/exceeded by long-tenured directors .
- Shareholder signals: 2024 say‑on‑pay passed with ~90% support, indicating broad investor alignment with pay practices overseen by her committee .
- Conflicts/related‑party exposure: Annual independence review found no material relationships; formal related‑party approval policy in place; prior HFF role noted but no adverse findings disclosed .
RED FLAGS: None disclosed specific to McAneny. JLL policies prohibit pledging/hedging and require pre‑clearance; director compensation capped; no committee interlocks; board confirms independence after reviewing transactions and relationships annually .
Notes and References
- Director slate, independence, committees, biography, and skills: .
- Board/committee meetings and attendance; executive sessions: .
- Governance policies (proxy access, majority voting, code, clawback, stock ownership guidelines): .
- Director compensation program, limits, retainers, and 2024 compensation table: .
- Insider trading policy (no pledging/hedging) and communications: .
- Say‑on‑pay outcome and program overview: .