Arbor Realty Trust Management

Management criteria checks 3/4

Arbor Realty Trust's CEO is Ivan Kaufman, appointed in Jun 2003, has a tenure of 20.83 years. total yearly compensation is $12.40M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.95% of the company’s shares, worth €23.29M. The average tenure of the management team and the board of directors is 4.9 years and 5.8 years respectively.

Key information

Ivan Kaufman

Chief executive officer

US$12.4m

Total compensation

CEO salary percentage	9.7%
CEO tenure	20.8yrs
CEO ownership	0.9%
Management average tenure	4.9yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ivan Kaufman's remuneration changed compared to Arbor Realty Trust's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$12m	US$1m	US$330m
Sep 30 2023	n/a	n/a	US$327m
Jun 30 2023	n/a	n/a	US$311m
Mar 31 2023	n/a	n/a	US$305m
Dec 31 2022	US$11m	US$1m	US$285m
Sep 30 2022	n/a	n/a	US$303m
Jun 30 2022	n/a	n/a	US$313m
Mar 31 2022	n/a	n/a	US$312m
Dec 31 2021	US$13m	US$1m	US$317m
Sep 30 2021	n/a	n/a	US$308m
Jun 30 2021	n/a	n/a	US$317m
Mar 31 2021	n/a	n/a	US$292m
Dec 31 2020	US$12m	US$1m	US$163m
Sep 30 2020	n/a	n/a	US$102m
Jun 30 2020	n/a	n/a	US$54m
Mar 31 2020	n/a	n/a	US$39m
Dec 31 2019	US$9m	US$1m	US$121m
Sep 30 2019	n/a	n/a	US$123m
Jun 30 2019	n/a	n/a	US$117m
Mar 31 2019	n/a	n/a	US$105m
Dec 31 2018	US$11m	US$1m	US$108m
Sep 30 2018	n/a	n/a	US$93m
Jun 30 2018	n/a	n/a	US$82m
Mar 31 2018	n/a	n/a	US$76m
Dec 31 2017	US$9m	US$1m	US$66m

Compensation vs Market: Ivan's total compensation ($USD12.40M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Ivan's compensation has been consistent with company performance over the past year.

CEO

Ivan Kaufman (62 yo)

20.8yrs

Tenure

US$12,399,811

Compensation

Mr. Ivan Paul Kaufman, J.D., is the Co-Founder and Chief Executive Officer of ArborCrowd Holding Company, LLC. Mr. Kaufman serves as the President and Director at Arbor Realty SR, Inc. Mr. Kaufman is the F...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ivan Kaufman	Chairman	20.8yrs	US$12.40m	0.95% $ 23.3m
Paul Elenio	Executive VP & CFO	18.6yrs	US$2.65m	0.16% $ 4.0m
Steven Katz	Chief Investment Officer & Executive VP of Residential Financing	5.2yrs	US$4.05m	0.070% $ 1.7m
John Caulfield	Executive VP & COO	no data	US$2.00m	0.12% $ 2.8m
Dennis van der Reis	Executive Vice President of Servicing & Asset Management	4.7yrs	US$2.30m	0.087% $ 2.1m
Sean Coon	Senior Vice President of Operations	1.1yrs	no data	no data
Thomas Ridings	MD & Chief Accounting Officer	no data	no data	0.065% $ 1.6m
Howard Leiner	Executive VP & CTO	5.3yrs	no data	no data
Lee Roth	Senior Vice President	no data	no data	no data
Maysa Vahidi	Executive VP & General Counsel	1.8yrs	no data	0.014% $ 340.6k
Ken Fazio	Managing Director of Sales Management	2.3yrs	no data	no data
Daniella Muller	Executive VP of Human Resources & Associate General Counsel	no data	no data	no data

4.9yrs

Average Tenure

55yo

Average Age

Experienced Management: OWQ's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ivan Kaufman	Chairman	20.8yrs	US$12.40m	0.95% $ 23.3m
Kenneth Bacon	Independent Director	4yrs	US$233.84k	0.026% $ 635.7k
Melvin Lazar	Independent Director	12.3yrs	US$250.09k	0.12% $ 3.0m
Joseph Martello	Director	20.8yrs	US$215.00k	0.045% $ 1.1m
Edward Farrell	Independent Director	5.8yrs	US$243.84k	0.015% $ 366.5k
William Green	Lead Independent Director	12.2yrs	US$290.09k	0.086% $ 2.1m
Elliot Schwartz	Independent Director	5.8yrs	US$243.84k	0.021% $ 525.7k
Caryn Effron	Independent Director	2.3yrs	US$233.84k	0.014% $ 339.6k
Carrie Wilkens	Independent Director	less than a year	US$39.37k	0.0057% $ 139.6k

5.8yrs

Average Tenure

62yo

Average Age

Experienced Board: OWQ's board of directors are considered experienced (5.8 years average tenure).

Arbor Realty Trust Management

Management criteria checks 3/4

Key information

Recent management updates

Arbor Realty Trust, Inc., Annual General Meeting, May 22, 2024

Chairman recently bought €390k worth of stock

Arbor Realty Trust, Inc. Appoints Carrie Wilkens as Class II Director and on the Corporate Governance and Compensation Committees

Lead Independent Director recently bought €105k worth of stock

Chairman recently bought €163k worth of stock

Insufficient new directors

Recent updates

Arbor Realty Trust, Inc. to Report Q1, 2024 Results on May 03, 2024

New minor risk - Shareholder dilution

Arbor Realty Trust, Inc., Annual General Meeting, May 22, 2024

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

Fourth quarter dividend of US$0.43 announced

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$1.79 (vs US$1.72 in FY 2022)

New minor risk - Share price stability

Arbor Realty Trust, Inc. to Report Q4, 2023 Results on Feb 16, 2024

New minor risk - Shareholder dilution

New minor risk - Shareholder dilution

Now 22% undervalued

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 16%

Chairman recently bought €390k worth of stock

Upcoming dividend of US$0.43 per share at 13% yield

New major risk - Revenue and earnings growth

Arbor Realty Trust, Inc. Appoints Carrie Wilkens as Class II Director and on the Corporate Governance and Compensation Committees

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: US$0.42 (vs US$0.37 in 3Q 2022)

Arbor Realty Trust, Inc. to Report Q3, 2023 Results on Oct 27, 2023

Upcoming dividend of US$0.43 per share at 10% yield

Second quarter 2023 earnings released: EPS: US$0.42 (vs US$0.43 in 2Q 2022)

Arbor Realty Trust, Inc. Declares a Quarterly Cash Dividend, Payable on August 31, 2023

Arbor Realty Trust, Inc. to Report Q2, 2023 Results on Jul 28, 2023

Lead Independent Director recently bought €105k worth of stock

Chairman recently bought €163k worth of stock

Upcoming dividend of US$0.42 per share at 14% yield

Arbor Realty Trust, Inc. Declares Dividend for the Quarter Ended March 31, 2023, Payable on May 31, 2023

First quarter 2023 earnings released: EPS: US$0.47 (vs US$0.42 in 1Q 2022)

Insufficient new directors

Now 21% undervalued after recent price drop

Lead Independent Director recently bought €51k worth of stock

Investor sentiment deteriorates as stock falls 15%

Arbor Realty Trust, Inc. Declares Quarterly Cash Dividend for the fourth quarter Ended December 31, 2022, Payable on March 17, 2023

Full year 2022 earnings released: EPS: US$1.72 (vs US$2.30 in FY 2021)

Arbor Realty Trust, Inc. to Report Q4, 2022 Results on Feb 17, 2023

Upcoming dividend of US$0.40 per share

Third quarter 2022 earnings released: EPS: US$0.37 (vs US$0.51 in 3Q 2021)

Arbor Realty Trust, Inc. Declares Quarterly Cash Dividend for the Quarter Ended September 30, 2022, Payable on November 30, 2022

Arbor Realty Trust, Inc. to Report Q3, 2022 Results on Nov 04, 2022

Lead Independent Director recently bought €140k worth of stock

Upcoming dividend of US$0.39 per share

Second quarter 2022 earnings released: EPS: US$0.43 (vs US$0.51 in 2Q 2021)

Arbor Realty Trust, Inc. Declares Quarterly Cash Dividend, Payable on August 31, 2022

Arbor Realty Trust, Inc. to Report Q2, 2022 Results on Jul 29, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.38 per share

Arbor Realty Trust, Inc. Declares Quarterly Cash Dividend, Payable on May 31, 2022

First quarter 2022 earnings released: EPS: US$0.42 (vs US$0.56 in 1Q 2021)

Arbor Realty Trust, Inc. to Report Q1, 2022 Results on May 06, 2022

Arbor Realty Trust, Inc., Annual General Meeting, May 18, 2022

Arbor Realty Trust, Inc. Announces Executive Changes

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.37 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Arbor Realty Trust, Inc. Declares Quarterly Cash Dividend, Payable on March 18, 2022

Arbor Realty Trust, Inc. to Report Q4, 2021 Results on Feb 18, 2022

Upcoming dividend of US$0.36 per share

Third quarter 2021 earnings released: EPS US$0.51 (vs US$0.72 in 3Q 2020)

Upcoming dividend of US$0.35 per share

Lead Independent Director recently bought €62k worth of stock

Insufficient new directors

Second quarter 2021 earnings released: EPS US$0.51 (vs US$0.40 in 2Q 2020)

First quarter 2021 earnings released: EPS US$0.56 (vs US$0.54 loss in 1Q 2020)

Arbor Realty Trust, Inc. Declares Quarterly Cash Dividend Payable on June 1, 2021

Upcoming Dividend of US$0.33 Per Share

Full year 2020 earnings released: EPS US$1.44 (vs US$1.30 in FY 2019)