Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Andrew E. Witt earned $2.25M in total compensation at BrightSpire Capital, including $400.00K salary, $992.00K bonus and $845.24K in stock. Most recently acquired 111,774 shares in Mar 2024. Currently holds stock worth $3.02M. 3+ years at the helm of BrightSpire Capital.

Compensation History

Annual executive compensation data for Andrew E. Witt, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.25M

Salary

$400.00K

Bonus

$992.00K

Other

$15.07K

Salary

$400.00K

Board Justification

The compensation philosophy is designed to align the interests of executives with those of stockholders, focusing on performance-based compensation and market competitiveness.

Bonus

$992.00K

Board Justification

The bonus for 2023 is based on the 2023 Annual Incentive Plan, which includes performance metrics weighted towards financial performance and individual performance.

Other Compensation

$15.07K

Board Justification

Other compensation includes contributions towards 401(k) matching and premiums for life insurance.

Restricted Stock

$845.24K140.41K restricted stock

Board Justification

The stock that vested in 2023 includes 141,305 shares of restricted stock that will vest in three equal installments over three years, with the first installment vesting on March 15, 2024.

Performance Metrics

Performance metrics for 2023 included absolute and relative return on average equity (ROAE) and individual performance measures.

B

Andrew E. Witt

CEO of BrightSpire Capital

Education

MBA from the University of Southern California; Bachelor of Arts in International Relations from Stanford University.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

Born

January 1, 1980 - 45 years ago

CEO of BrightSpire Capital for

3 years 9 months (Feb 2022 - Present)

Previous Experience

Managing Director and Chief Operating Officer of Global Credit at Colony Capital, Executive Vice President of Colony American Homes

Holdings

Track Andrew E. Witt's stock holdings and portfolio value over time.

Insider Trading

Andrew E. Witt's recent stock transactions, purchases, and sales filed with the SEC.

BRSP

111,774 shares

BRSP

Mar 15, 2024

Received

BRSP

19,000 shares

BRSP

Mar 15, 2023

Received

BRSP

141,305 shares

BRSP

Mar 6, 2023

Received

BRSP

$71.80K

BRSP at $7.18/share

Jun 16, 2022

Purchase

BRSP

174,217 shares

BRSP

May 5, 2022

Received

BRSP

$94.30K

BRSP at $9.43/share

Aug 18, 2021

Purchase

Rivals

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