The JBG Companies has hired Stephen W. Theriot as Chief Financial Officer of JBG SMITH Properties. Theriot had served as CFO of Vornado Realty Trust since 2013 and brings more than 30 years of finance and accounting experience to his new role. Prior to joining Vornado, Theriot had been a partner of Deloitte & Touche most recently serving as the Managing Partner of Deloitte’s Northeast real estate practice. JBG SMITH will be a newly created, publicly traded company listed on the New York Stock Exchange under the symbol JBGS, following the spin-off of Vornado’s Washington, D.C. business and its merger with certain select assets of the JBG Companies, expected to be completed in the second quarter of 2017.
W. Matthew Kelly, Managing Partner of JBG and CEO designate of JBG SMITH said that Theriot “is ideally suited to lead JBG SMITH’s financial organization and put in place the infrastructure, policies and procedures we will need as a new, publicly listed company…Having worked closely with Steve to plan for the integration of our two platforms, we are confident that he will be a terrific addition to our team.”
