Granite Point Mortgage Trust Management
Management criteria checks 2/4
Granite Point Mortgage Trust's CEO is Jack Taylor, appointed in Apr 2017, has a tenure of 7.58 years. total yearly compensation is $4.05M, comprised of 24.7% salary and 75.3% bonuses, including company stock and options. directly owns 0.62% of the company’s shares, worth $1.08M. The average tenure of the management team and the board of directors is 7.6 years and 7.6 years respectively.
Key information
Jack Taylor
Chief executive officer
US$4.0m
Total compensation
| CEO salary percentage | 24.7% |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.6% |
| Management average tenure | 7.6yrs |
| Board average tenure | 7.6yrs |
Recent management updates
Recent updates
Granite Point Mortgage's Improved Liquidity Brings Its 10% Yielding Preferreds Into Focus
Nov 18Granite Point Mortgage Trust: Office Distress Continues, Are The Preferreds Safe
Aug 19Granite Point: Downside Materialized, I'm Flipping Bullish
Jul 17Granite Point Mortgage Trust Is Facing Headwinds But I'm Holding The Discounted Preferreds
May 12Granite Point Mortgage Trust: Write-Offs Are Accelerating
Mar 15Granite Point Mortgage Trust: Precarious 64% Discount To Book Value And 17% Dividend Yield
Feb 20Granite Point Mortgage Trust: Hard To Recommend Even At Large Discounts To Book Value
Feb 02Granite Point Mortgage Offers An 11% Yield On Its Preferred Shares
Oct 29I've Sold My Granite Point Mortgage Trust Position And Won't Re-Enter
Oct 12Granite Point Mortgage Trust: At Risk Of A Dividend Cut
Jul 31Granite Point Mortgage Trust Non-GAAP EPS of -$0.16 beats by $0.01, net interest income of $20.98M beats by $2.27M
Feb 23Granite Point Mortgage Trust decrease quarterly dividend by -20% to $0.20/share
Dec 20Granite Point Mortgage Trust Now Offers A 15% Yield - But For How Much Longer?
Nov 13Granite Point Mortgage Trust goes ex dividend tomorrow
Sep 29Granite Point Mortgage's Preferred Shares Offer A 10% Yield To Call
Aug 189.3%-Yielding Granite Point Mortgage Is Flying Under The Radar
Aug 02Granite Point Mortgage Is Now Yielding 9.9% - Who's Buying?
May 21Granite Point Mortgage: The 7.5% Yielding Preferred Shares Are Getting Attractive
Apr 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$196m |
| Jun 30 2024 | n/a | n/a | -US$186m |
| Mar 31 2024 | n/a | n/a | -US$118m |
| Dec 31 2023 | US$4m | US$1m | -US$78m |
| Sep 30 2023 | n/a | n/a | -US$72m |
| Jun 30 2023 | n/a | n/a | -US$76m |
| Mar 31 2023 | n/a | n/a | -US$94m |
| Dec 31 2022 | US$4m | US$1m | -US$55m |
| Sep 30 2022 | n/a | n/a | -US$39m |
| Jun 30 2022 | n/a | n/a | US$9m |
| Mar 31 2022 | n/a | n/a | US$41m |
| Dec 31 2021 | US$5m | US$1m | US$68m |
| Sep 30 2021 | n/a | n/a | US$84m |
| Jun 30 2021 | n/a | n/a | US$41m |
| Mar 31 2021 | n/a | n/a | US$25m |
| Dec 31 2020 | US$3m | n/a | -US$41m |
| Sep 30 2020 | n/a | n/a | -US$46m |
| Jun 30 2020 | n/a | n/a | -US$4m |
| Mar 31 2020 | n/a | n/a | US$16m |
| Dec 31 2019 | US$1m | n/a | US$70m |
| Sep 30 2019 | n/a | n/a | US$69m |
| Jun 30 2019 | n/a | n/a | US$68m |
| Mar 31 2019 | n/a | n/a | US$65m |
| Dec 31 2018 | US$1m | n/a | US$63m |
| Sep 30 2018 | n/a | n/a | US$60m |
| Jun 30 2018 | n/a | n/a | US$55m |
| Mar 31 2018 | n/a | n/a | US$40m |
| Dec 31 2017 | US$2m | n/a | US$26m |
Compensation vs Market: Jack's total compensation ($USD4.05M) is above average for companies of similar size in the US market ($USD1.46M).
Compensation vs Earnings: Jack's compensation has increased whilst the company is unprofitable.
CEO
Jack Taylor (68 yo)
7.6yrs
Tenure
US$4,049,820
Compensation
Mr. John A. Taylor, also known as Jack, J.D., is Chief Executive Officer of Granite Point Mortgage Trust Inc. since April 7, 2017 and is its President. He joined the Copmany in 2017. Mr. Taylor is a Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.6yrs | US$4.05m | 0.62% $ 1.1m | |
| VP, CFO | 7.6yrs | US$1.94m | 0.19% $ 330.0k | |
| VP & COO | 7.6yrs | US$2.17m | 0.40% $ 710.4k | |
| VP, Chief Investment Officer & Co-Head of Originations | 7.6yrs | US$2.17m | 0.30% $ 535.3k | |
| VP, Chief Development Officer & Co-Head of Originations | 6.8yrs | US$2.16m | 0.16% $ 281.9k | |
| VP, General Counsel | 4.8yrs | no data | 0.087% $ 153.7k | |
| Investor Relations Officer | no data | no data | no data |
7.6yrs
Average Tenure
58yo
Average Age
Experienced Management: GPMT's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$4.05m | 0.62% $ 1.1m | |
| Independent Chairman of the Board | 7.4yrs | US$495.00k | 0.24% $ 427.2k | |
| Independent Director | 7.8yrs | US$225.00k | 0.29% $ 514.2k | |
| Independent Director | 1.8yrs | US$213.08k | 0.060% $ 104.7k | |
| Independent Director | 7.8yrs | US$220.00k | 0.10% $ 178.5k | |
| Independent Director | 7.4yrs | US$224.07k | 0.16% $ 276.1k |
7.6yrs
Average Tenure
67.5yo
Average Age
Experienced Board: GPMT's board of directors are considered experienced (7.6 years average tenure).