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Christopher J. Czarnecki is a notable figure in the world of finance, serving as the CEO and President of Broadstone Net Lease, Inc. from February 2017 until February 2023. With a strong academic background, he holds a B.A. in Economics...

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Christopher J. Czarnecki

Ex-CEO of Broadstone Net Lease

Education

B.A. in Economics from the University of Rochester; M.B.A. in Finance and Corporate Accounting from the Simon Graduate School of Business at the University of Rochester.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

Born

January 1, 1983 - 42 years ago

CEO of Broadstone Net Lease for

6 years 0 months (Feb 2017 - Feb 2023)

Previous Experience

Chief Executive Officer and President of the Manager; Chief Financial Officer of Broadstone Net Lease, Inc.

Holdings

See how much did Christopher J. Czarnecki make over time.

Christopher Czarnecki's portfolio has seen significant changes over the years. At one point, he held restricted stock that was set to vest, representing a considerable portion of his net worth. In 2022, he had around 64,482 performance-based restricted stock units,...

Insider Trading

See recent insider trades of Christopher J. Czarnecki.

BNL

$879.88K

BNL at $22.04/share

Feb 28, 2022

Received

BNL

$578.94K

BNL at $21.25/share

Sep 23, 2021

Received

BNL

$173.68K

BNL at $21.25/share

Jul 16, 2021

Received

BNL

$115.79K

BNL at $21.25/share

Jun 22, 2021

Received

BNL

42,988 shares

BNL

Mar 1, 2021

Received

Compensation History

See how much did Christopher J. Czarnecki make over time.

In terms of compensation, Christopher J. Czarnecki earned $4.46 million in 2022, consisting of a base salary of $625,000, significant bonuses, and stock awards. His bonus was tied to performance factors, reflecting his leadership effectiveness during his tenure. As he transitioned out of his role, his 2023 compensation dropped to about $944,000 as he shifted to an advisory role. His pay structure is designed to align with the company's performance, showing how leaders in finance are rewarded for their contributions to company growth and strategic direction.

Year

2023

Total Compensation

$944.35K

Salary

$104.17K

Board Justification

The compensation philosophy aims to attract and retain leadership talent, aligning executive pay with company performance and shareholder interests.

Bonus

$198.56K

Board Justification

Represents pro-rated portion of 2023 annual bonus based on performance during his tenure as CEO until February 28, 2023.

Other

$641.63K

Board Justification

Includes consulting payments, accrued vacation, COBRA coverage, 401(k) contributions, dividends from unvested shares, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were made in 2023 due to resignation as CEO; all outstanding stock awards were forfeited upon resignation.

Performance Metrics

Performance metrics include achieving objective financial goals and strategic priorities.

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