Jay L. Johnson joined Lamar Advertising Company as chief financial officer in October 2019 and is responsible for all financial aspects of the company, including treasury, investor relations, tax, financial reporting and analysis and capital raising in the public debt and equity markets. Additionally, he manages relationships with buy-side equity investors, financial institutions, ratings agencies and sell-side research analysts.
Previously, Mr. Johnson was executive vice president and chief financial officer of DiamondRock Hospitality Company, a publicly-traded real estate investment trust (REIT) formed by Marriott International and headquartered in Bethesda, Maryland.
Prior to DiamondRock, Mr. Johnson served as senior vice president and treasurer of Host Hotels & Resorts, Inc., an S&P 500 and Fortune 500 company and the largest lodging REIT. As a member of the senior management team, he was responsible for the company’s financing activities globally and managed relationships with financial institutions, fixed income investors and ratings agencies. While at Host, he completed over $14 billion in debt and equity capital transactions in 12 countries and managed a balance sheet that encompassed over $5 billion of available debt capital.
Mr. Johnson is a member of the board of directors at Newell Brands (NASDAQ: NWL), a global consumer goods company, as well as the Friends of Louisiana Public Broadcasting. He is a former member of the Real Estate Capital Policy Advisory Committee of The Real Estate Roundtable. He also has served on the executive committee and as chair of the National Kidney Foundation’s Kidney Ball (National Capital Area), the largest black-tie fundraiser for the organization nationwide. In 2016, he was named to the Washington Business Journal’s list of top 40 under 40 business executives.
Prior to Host, Mr. Johnson served in a variety of banking roles at KeyBank Real Estate Capital and Bank of America. Prior to those banking roles, he was in the management consulting practice of Deloitte & Touche LLP, the investment banking group at Prudential Securities and the industrial markets trading division of Enron Corporation. Mr. Johnson received an MBA from Harvard Business School and a BA in economics from Morehouse College.
A native of Bastrop, Louisiana, Mr. Johnson is also a graduate of the Louisiana School for Math, Science and the Arts in Natchitoches. He and his wife, Erica, reside in Baton Rouge and have two daughters, Katherine and Caroline.