BrightSpire Capital, Inc.

NYSE:BRSP Stock Report

Market Cap: US$810.5m

BrightSpire Capital Management

Management criteria checks 3/4

BrightSpire Capital's CEO is Mike Mazzei, appointed in Apr 2020, has a tenure of 4.58 years. total yearly compensation is $5.83M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.91% of the company’s shares, worth $7.36M. The average tenure of the management team and the board of directors is 3.8 years and 5.7 years respectively.

Key information

Mike Mazzei

Chief executive officer

US$5.8m

Total compensation

CEO salary percentage13.7%
CEO tenure4.6yrs
CEO ownership0.9%
Management average tenure3.8yrs
Board average tenure5.7yrs

Recent management updates

It's Unlikely That BrightSpire Capital, Inc.'s (NYSE:BRSP) CEO Will See A Huge Pay Rise This Year

May 10
It's Unlikely That BrightSpire Capital, Inc.'s (NYSE:BRSP) CEO Will See A Huge Pay Rise This Year

Recent updates

BrightSpire Capital: Loan Loss Risk Remains Elevated But Positive Signs Are Emerging

Oct 25

12% Yield And Conservative Management. Yes!: BrightSpire

Aug 14

BrightSpire Capital: Looking For Income In Alderaan Places

Aug 05

Bargain Alert: 14% Yield And Big Discount: BrightSpire Capital

Jun 30

It's Unlikely That BrightSpire Capital, Inc.'s (NYSE:BRSP) CEO Will See A Huge Pay Rise This Year

May 10
It's Unlikely That BrightSpire Capital, Inc.'s (NYSE:BRSP) CEO Will See A Huge Pay Rise This Year

BrightSpire: My Income Portfolio Doesn't Quit

Mar 10

Bargain Alert! I Earn 10% Yield From BrightSpire Capital

Jan 03

BrightSpire Capital: Will Benefit From Higher Average Interest Rate

Nov 27

BrightSpire Capital: Still Below Book Value With A 12% Dividend

Sep 18

BrightSpire Capital: A Fairly Valued 12%+ Yielder

Aug 28

BrightSpire Capital: Trades At A Major Discount To Book Value

Jun 22

BrightSpire Capital: Office Loans Have The Market Exiting, I'm Entering (Slowly)

Jun 01

BrightSpire Capital Q4 2022 Earnings Preview

Feb 20

BrightSpire: A Decent Quarter Improves The Valuation Picture, Technicals Remain Concerning

Dec 09

BrightSpire Capital Q3 2022 Earnings Preview

Nov 01

BrightSpire Capital: 11.5% Dividend Yield And 38% Upside

Sep 29

BrightSpire Capital declares $0.20 dividend

Sep 15

BrightSpire Capital Q2 2022 Earnings Preview

Aug 02

BrightSpire's Big Yield But Bearish Chart

Jul 10

BrightSpire: High Yield, Poor Return, Invest With Adequate Precaution

Apr 11

A Top Pick For Dividend Growth: BrightSpire Capital

Jan 25

BrightSpire Capital: Portfolio Restructuring With Future Organic Growth Potential

Dec 14

BrightSpire Capital Stock: My Oh My, Another Strong Buy

Sep 13

BrightSpire Capital: Value Trap As Dividend May Not Be Supported By Cash Flows

Sep 07

Colony Credit Real Estate changes name to BrightSpire Capital

Jun 14

Colony Credit Real Estate, Inc. (NYSE:CLNC) Analysts Just Slashed This Year's Estimates

May 22
Colony Credit Real Estate, Inc. (NYSE:CLNC) Analysts Just Slashed This Year's Estimates

CEO Compensation Analysis

How has Mike Mazzei's remuneration changed compared to BrightSpire Capital's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$130m

Jun 30 2024n/an/a

-US$130m

Mar 31 2024n/an/a

-US$69m

Dec 31 2023US$6mUS$800k

-US$16m

Sep 30 2023n/an/a

US$5m

Jun 30 2023n/an/a

-US$29m

Mar 31 2023n/an/a

US$12m

Dec 31 2022US$6mUS$800k

US$44m

Sep 30 2022n/an/a

US$121m

Jun 30 2022n/an/a

US$72m

Mar 31 2022n/an/a

US$19m

Dec 31 2021US$6mUS$533k

-US$101m

Sep 30 2021n/an/a

-US$235m

Jun 30 2021n/an/a

-US$160m

Mar 31 2021n/an/a

-US$367m

Dec 31 2020US$466kn/a

-US$354m

Compensation vs Market: Mike's total compensation ($USD5.83M) is above average for companies of similar size in the US market ($USD3.18M).

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


CEO

Mike Mazzei (63 yo)

4.6yrs

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

NamePositionTenureCompensationOwnership
Michael Mazzei
CEO & Director4.6yrsUS$5.83m0.91%
$ 7.4m
Andrew Witt
President & COO4.6yrsUS$2.90m0.37%
$ 3.0m
Frank Saracino
Executive VP3.8yrsUS$2.06m0.25%
$ 2.0m
David Palame
Executive VP6.8yrsUS$2.03m0.27%
$ 2.2m
Daniel Katz
MD & Head of Originations for Investment Managementno datano datano data
Matthew Heslin
MD, Chief Credit Officer & Head of Debt Capital Marketsless than a yearno datano data
Tyler Ferrer
MD and Head of Asset Management & Loan Operations2.8yrsno datano data
Gary Newman
Managing Director of Investment Management2.8yrsno datano data
Sonia Kim
Vice Presidentno datano data0.0040%
$ 32.0k

3.8yrs

Average Tenure

50yo

Average Age

Experienced Management: BRSP's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Mazzei
CEO & Director4.5yrsUS$5.83m0.91%
$ 7.4m
Catherine Long
Independent Director2.9yrsUS$205.60k0.040%
$ 322.1k
Catherine Rice
Independent Chairperson6.8yrsUS$205.60k0.077%
$ 623.1k
Vernon Schwartz
Independent Director6.8yrsUS$200.60k0.076%
$ 618.2k
Kim Diamond
Independent Director3.1yrsUS$185.60k0.041%
$ 329.2k
John Westerfield
Independent Director6.8yrsUS$200.60k0.071%
$ 579.4k

5.7yrs

Average Tenure

64.5yo

Average Age

Experienced Board: BRSP's board of directors are considered experienced (5.7 years average tenure).