BrightSpire Capital Management
Management criteria checks 3/4
BrightSpire Capital's CEO is Mike Mazzei, appointed in Apr 2020, has a tenure of 3.92 years. total yearly compensation is $5.83M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.9% of the company’s shares, worth $7.46M. The average tenure of the management team and the board of directors is 3.3 years and 5.1 years respectively.
Key information
Mike Mazzei
Chief executive officer
US$5.8m
Total compensation
| CEO salary percentage | 13.7% |
| CEO tenure | 4yrs |
| CEO ownership | 0.9% |
| Management average tenure | 3.3yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
BrightSpire: My Income Portfolio Doesn't Quit
Mar 10Bargain Alert! I Earn 10% Yield From BrightSpire Capital
Jan 03BrightSpire Capital: Will Benefit From Higher Average Interest Rate
Nov 27BrightSpire Capital: Still Below Book Value With A 12% Dividend
Sep 18BrightSpire Capital: A Fairly Valued 12%+ Yielder
Aug 28BrightSpire Capital: Trades At A Major Discount To Book Value
Jun 22BrightSpire Capital: Office Loans Have The Market Exiting, I'm Entering (Slowly)
Jun 01BrightSpire Capital Q4 2022 Earnings Preview
Feb 20BrightSpire: A Decent Quarter Improves The Valuation Picture, Technicals Remain Concerning
Dec 09BrightSpire Capital Q3 2022 Earnings Preview
Nov 01BrightSpire Capital: 11.5% Dividend Yield And 38% Upside
Sep 29BrightSpire Capital declares $0.20 dividend
Sep 15BrightSpire Capital Q2 2022 Earnings Preview
Aug 02BrightSpire's Big Yield But Bearish Chart
Jul 10BrightSpire: High Yield, Poor Return, Invest With Adequate Precaution
Apr 11A Top Pick For Dividend Growth: BrightSpire Capital
Jan 25BrightSpire Capital: Portfolio Restructuring With Future Organic Growth Potential
Dec 14BrightSpire Capital Stock: My Oh My, Another Strong Buy
Sep 13BrightSpire Capital: Value Trap As Dividend May Not Be Supported By Cash Flows
Sep 07Colony Credit Real Estate changes name to BrightSpire Capital
Jun 14Colony Credit Real Estate, Inc. (NYSE:CLNC) Analysts Just Slashed This Year's Estimates
May 22
Colony Credit Real Estate misses on revenue
May 05Colony Credit Real Estate, Inc. (NYSE:CLNC) On The Verge Of Breaking Even
Apr 01What Kind Of Shareholders Own Colony Credit Real Estate, Inc. (NYSE:CLNC)?
Feb 22Have Insiders Been Buying Colony Credit Real Estate, Inc. (NYSE:CLNC) Shares?
Jan 18Colony Credit Real Estate names new finance chief and Treasurer
Jan 05Colony Credit: Yet Another mREIT To Sell
Dec 26Colony Credit Real Estate's(NYSE:CLNC) Share Price Is Down 44% Over The Past Year.
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$6m | US$800k | -US$16m |
| Sep 30 2023 | n/a | n/a | US$5m |
| Jun 30 2023 | n/a | n/a | -US$29m |
| Mar 31 2023 | n/a | n/a | US$12m |
| Dec 31 2022 | US$6m | US$800k | US$44m |
| Sep 30 2022 | n/a | n/a | US$121m |
| Jun 30 2022 | n/a | n/a | US$72m |
| Mar 31 2022 | n/a | n/a | US$19m |
| Dec 31 2021 | US$6m | US$533k | -US$101m |
| Sep 30 2021 | n/a | n/a | -US$235m |
| Jun 30 2021 | n/a | n/a | -US$160m |
| Mar 31 2021 | n/a | n/a | -US$367m |
| Dec 31 2020 | US$466k | n/a | -US$354m |
Compensation vs Market: Mike's total compensation ($USD5.83M) is above average for companies of similar size in the US market ($USD3.44M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Mazzei (62 yo)
4yrs
Tenure
US$5,832,378
Compensation
Mr. Michael Joseph Mazzei, also known as Mike, has been Director at BrightSpire Capital, Inc. (Formerly Known as Colony Credit Real Estate, Inc.) since May 4, 2020 and serves as its Chief Executive Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4yrs | US$5.83m | 0.90% $ 7.5m | |
| President & COO | 4yrs | US$2.90m | 0.37% $ 3.1m | |
| Executive VP | 3.3yrs | US$2.06m | 0.24% $ 2.0m | |
| Executive VP | 6.3yrs | US$2.03m | 0.27% $ 2.2m | |
| MD & Head of Originations for Investment Management | no data | no data | no data | |
| MD & Head of Asset Management | 3.3yrs | no data | no data | |
| MD, Chief Credit Officer & Head of Debt Capital Markets | less than a year | no data | no data | |
| Managing Director of Operations & Loan Management | 2.3yrs | no data | no data | |
| Managing Director of Investment Management | 2.3yrs | no data | no data | |
| Vice President | no data | no data | 0.0039% $ 32.4k |
3.3yrs
Average Tenure
49yo
Average Age
Experienced Management: BRSP's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.9yrs | US$5.83m | 0.90% $ 7.5m | |
| Independent Director | 2.3yrs | US$205.60k | 0.027% $ 225.6k | |
| Independent Chairperson | 6.3yrs | US$205.60k | 0.064% $ 530.4k | |
| Independent Director | 6.3yrs | US$200.60k | 0.064% $ 525.4k | |
| Independent Director | 2.5yrs | US$185.60k | 0.028% $ 232.9k | |
| Independent Director | 6.3yrs | US$200.60k | 0.059% $ 486.2k |
5.1yrs
Average Tenure
63.5yo
Average Age
Experienced Board: BRSP's board of directors are considered experienced (5.1 years average tenure).