Safehold Management

Management criteria checks 3/4

Safehold's CEO is Jay Sugarman, appointed in Oct 2016, has a tenure of 8.25 years. total yearly compensation is $8.41M, comprised of 7.1% salary and 92.9% bonuses, including company stock and options. directly owns 2.81% of the company’s shares, worth €32.77M. The average tenure of the management team and the board of directors is 2.9 years and 7.6 years respectively.

Key information

Jay Sugarman

Chief executive officer

US$8.4m

Total compensation

CEO salary percentage7.1%
CEO tenure8.3yrs
CEO ownership2.8%
Management average tenure2.9yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jay Sugarman's remuneration changed compared to Safehold's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$121m

Jun 30 2024n/an/a

-US$21m

Mar 31 2024n/an/a

-US$29m

Dec 31 2023US$8mUS$600k

-US$55m

Sep 30 2023n/an/a

-US$74m

Jun 30 2023n/an/a

US$115m

Mar 31 2023n/an/a

US$115m

Dec 31 2022US$693kUS$600k

US$135m

Sep 30 2022n/an/a

US$135m

Jun 30 2022n/an/a

US$89m

Mar 31 2022n/an/a

US$81m

Dec 31 2021US$2mUS$600k

US$73m

Sep 30 2021n/an/a

US$67m

Jun 30 2021n/an/a

US$61m

Mar 31 2021n/an/a

US$59m

Dec 31 2020US$936kUS$600k

US$59m

Sep 30 2020n/an/a

US$55m

Jun 30 2020n/an/a

US$46m

Mar 31 2020n/an/a

US$38m

Dec 31 2019n/an/a

US$28m

Sep 30 2019n/an/a

US$21m

Jun 30 2019n/an/a

US$17m

Mar 31 2019n/an/a

US$15m

Dec 31 2018US$735kn/a

US$12m

Compensation vs Market: Jay's total compensation ($USD8.41M) is above average for companies of similar size in the German market ($USD1.50M).

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


CEO

Jay Sugarman (61 yo)

8.3yrs

Tenure

US$8,405,424

Compensation

Mr. Jay S. Sugarman has been the Executive Chairman of the Board and Chief Executive Officer of iStar Inc. since founded in 1997. He serves as Chief Executive Officer and Chairman at Star Holdings. Mr. Sug...


Leadership Team

NamePositionTenureCompensationOwnership
Jay Sugarman
CEO & Chairman8.3yrsUS$8.41m2.81%
€ 32.4m
Brett Asnas
CFO & Principal Accounting Officer2.9yrsUS$4.92m0.096%
€ 1.1m
Timothy Doherty
Chief Investment Officer1yrno datano data
Pearse Hoffmann
Senior Vice President of Capital Markets & Investor Relations2yrsno datano data
Theresa Ulyatt
Chief People Officerno datano datano data
Elisha Blechner
Executive VP & Head of Portfolio Managementno datano datano data
Ryan Howard
Senior Vice President of Investment3yrsno datano data
Steve Wylder
Executive VP & Head of Investmentsno datano datano data
Adam Cohen
Senior Vice President of Taxno datano datano data
Ash Jogi
Senior VP & Head of Business Solutionsno datano datano data
Carrie Brown
Senior Vice President of CRE Transaction Servicesno datano datano data
Lori Schwartz
Senior VP & Head of Risk Managementno datano datano data

2.9yrs

Average Tenure

Experienced Management: J0W's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jay Sugarman
CEO & Chairman8.3yrsUS$8.41m2.81%
€ 32.4m
Barry Ridings
Independent Director14yrsUS$308.09k0.073%
€ 842.2k
Robin Josephs
Independent Director7.6yrsUS$293.61k0.21%
€ 2.4m
Jay Nydick
Independent Director7.6yrsUS$299.21k0.074%
€ 850.3k
Stefan Selig
Lead Independent Director7.6yrsUS$368.45k0.11%
€ 1.3m
Jesse Hom
Independent Director3.1yrsno datano data

7.6yrs

Average Tenure

61yo

Average Age

Experienced Board: J0W's board of directors are considered experienced (7.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 23:58
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Safehold Inc. is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan CrossettBerenberg
Nathan CrossettBNP Paribas Exane
Derek HewettBofA Global Research