About

Justin Smart was appointed President of Kilroy Realty effective March 2023 and has been with the company since 2000, previously serving as President, Development and Construction (2022-2023) and Executive Vice President, Development and Construction Services (2013-2022). Before joining Kilroy he was Vice President of Development with Intrawest Corporation from 1996 to 2000 and earlier Vice President of Construction with Kilroy Industries.

Roles

Kilroy Realty Corp.
President · Current role
2000–present
Kilroy Realty Corporation
President, Development and Construction
2022 – 2023
Kilroy Realty Corporation
Executive Vice President, Development and Construction Services
2013 – 2022
Kilroy Realty Corporation
Senior Vice President of Development and Construction Services
2000 – 2012
Intrawest Corporation (formerly NYSE: SNOW)
Vice President of Development · A leading developer of resorts and resort real estate.
1996 – 2000
Kilroy Industries
Vice President of Construction · Held prior to 1996.
Intrawest Corporation
Vice President of Development · A resort development company.
June 1996 – August 2000

Fixed Compensation

FY FY2025
Salary
$608,500
ComponentBase salary earned in 2025
Bonus
$0
All other compensation
$79,435
Company contributions to deferred compensation plan$60,852
401(k) contributions$15,500
Medical allowance$2,083
Travel and automobile$1,000
Total compensation
$4,631,743

Performance Compensation

Data from FY FY2025

Cash incentive

Annual cash incentive
$1,109,580
FormNon-equity incentive plan
Target Opportunity
2025 target$912,750
Payout range0% to 150% of target

Stock awards

Stock awards
$2,834,228
FormTime-based and performance-based RSUs
Performance-based RSUs (probable outcome)$2,146,170
Grant-date fair valueFASB ASC Topic 718

Also at Kilroy Realty Corp.

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