In 2023, Michael J. Mazzei earned $4.52M in total compensation at BrightSpire Capital, including $800.00K salary, $2.03M bonus and $1.67M in stock. Most recently acquired 4,006 shares in Feb 2020. Currently holds stock worth $22.42M. 5+ years at the helm of BrightSpire Capital.
Compensation History
Annual executive compensation data for Michael J. Mazzei, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$4.52M
Salary
$800.00K
Bonus
$2.03M
Other
$15.42K
Salary
$800.00KBoard Justification
The compensation philosophy emphasizes alignment with shareholder interests through performance-based pay, competitive benchmarking, and retention strategies.
Bonus
$2.03MBoard Justification
The bonus is based on the 2023 Annual Incentive Plan, which is tied to performance metrics including absolute and relative return on average equity (ROAE). The CEO received 116% of his target bonus due to performance achievements.
Other Compensation
$15.42KBoard Justification
Other compensation includes 401(k) matching contributions and premiums for life insurance.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were part of the long-term incentive plan and were issued in shares of restricted Class A common stock, vesting in three equal installments over three years.
Performance Metrics
The performance metrics for determining the CEO's compensation included absolute ROAE and relative ROAE compared to peers.
Michael J. Mazzei
CEO of BrightSpire Capital
Education
B.S. from Baruch College; J.D. from St. John's University School of Law; graduate of New York University Real Estate Institute.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
January 1, 1963 - 62 years ago
CEO of BrightSpire Capital for
5 years 8 months (Apr 2020 - Present)
Previous Experience
President of Ladder Capital, Global Head of CMBS and Bank Loan Syndication Group at Bank of America Merrill Lynch, Co-Head of CMBS and Commercial Real Estate Debt Markets at Barclays Capital, 20 years at Lehman Brothers
Other BrightSpire Capital CEOs
Holdings
Track Michael J. Mazzei's stock holdings and portfolio value over time.
Total Stock Sold
$37.80K
$37.80K
2,115.912 LADR shares
What if they kept their stock?
If Michael J. Mazzei didn't sell their stock, today they would have:
Extra LADR2,115.912 shares worth $23.00K.
This is -39.15% and $14.80K less than what they got when they sold the stock.
Insider Trading
Michael J. Mazzei's recent stock transactions, purchases, and sales filed with the SEC.
4,006 shares
LADR
Feb 18, 2020
Received
4,271 shares
LADR
Feb 18, 2019
Received
5,074 shares
LADR
Feb 18, 2018
Received
5,346 shares
LADR
Jun 26, 2017
Received
170,479 shares
LADR
Feb 18, 2017
Received
181,971 shares
LADR
Feb 18, 2016
Received
$38.37K
LADR at $18.27/share
Jun 26, 2015
Sale
141,879 shares
LADR
Feb 17, 2015
Received
2,942 shares
LADR
Feb 3, 2015
Received
291,177 shares
LADR
Feb 11, 2014
Received
Rivals
Compare Michael J. Mazzei with competitor CEOs and industry peers.
Katharine A. Keenan
CEO of Blackstone Mortgage Trust
2023 Compensation
Stock
$1.17M
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$5.02M
Andrew J. Sossen
CEO of Starwood Property Trust
2023 Compensation
Stock
$608.18K
Salary
$425.00K
Bonus
$0.00
Other
$0.00
Total Holdings
$3.26M
Michael Nierenberg
CEO of Rithm Capital
2023 Compensation
Stock
$1.79M
Salary
$1.25M
Bonus
$10.00M
Other
$160.04K
Total Holdings
$3.45M
Anastasia Mironova
CEO of Apollo Commercial Real Estate Finance
2023 Compensation
Stock
$149.99K
Salary
$329.84K
Bonus
$470.01K
Other
$50.42K
Total Holdings
$302.76K
David L. Finkelstein
CEO of Annaly Capital Management
2023 Compensation
Stock
$2.59M
Salary
$1.00M
Bonus
$7.33M
Other
$15.20K
Total Holdings
$14.02M