The company may no longer be operating, as it may be out of business. Find out why through their latest events.
iStar Management
Management criteria checks 3/4
iStar's CEO is Jay Sugarman, appointed in Jan 1997, has a tenure of 26.25 years. total yearly compensation is $2.33M, comprised of 25.8% salary and 74.2% bonuses, including company stock and options. directly owns 3.41% of the company’s shares, worth $22.58M. The average tenure of the management team and the board of directors is 4.6 years and 5.8 years respectively.
How has Jay Sugarman's remuneration changed compared to iStar's earnings?
Date
Total Compensation
Salary
Company Earnings
Dec 31 2022
n/a
n/a
-US$221m
Sep 30 2022
n/a
n/a
-US$182m
Jun 30 2022
n/a
n/a
-US$90m
Mar 31 2022
n/a
n/a
US$6m
Dec 31 2021
US$2m
US$600k
-US$7m
Sep 30 2021
n/a
n/a
-US$53m
Jun 30 2021
n/a
n/a
-US$158m
Mar 31 2021
n/a
n/a
-US$139m
Dec 31 2020
US$936k
US$600k
-US$140m
Sep 30 2020
n/a
n/a
-US$93m
Jun 30 2020
n/a
n/a
-US$98m
Mar 31 2020
n/a
n/a
US$288m
Dec 31 2019
US$4m
US$1m
-US$188m
Sep 30 2019
n/a
n/a
US$222m
Jun 30 2019
n/a
n/a
US$211m
Mar 31 2019
n/a
n/a
-US$109m
Dec 31 2018
US$6m
US$1m
-US$65m
Sep 30 2018
n/a
n/a
US$41m
Jun 30 2018
n/a
n/a
US$26m
Mar 31 2018
n/a
n/a
US$41m
Dec 31 2017
US$6m
US$1m
-US$17m
Sep 30 2017
n/a
n/a
-US$35m
Jun 30 2017
n/a
n/a
US$43m
Mar 31 2017
n/a
n/a
US$19m
Dec 31 2016
US$4m
US$1m
US$26m
Compensation vs Market: Jay's total compensation ($USD2.33M) is about average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Jay's compensation has increased whilst the company is unprofitable.
CEO
Jay Sugarman (59 yo)
26.3yrs
Tenure
US$2,327,438
Compensation
Mr. Jay S. Sugarman has been the Executive Chairman of the Board and Chief Executive Officer of iStar Inc. since founded in 1997. Mr. Sugarman serves as Chief Executive Officer of iStar Marlin LLC. He has...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Jay Sugarman
Executive Chairman & CEO
26.3yrs
US$2.33m
3.41% $ 22.6m
Marcos Alvarado
President & Chief Investment Officer
5.2yrs
US$5.81m
0.084% $ 558.0k
Garett Rosenblum
Senior VP & Chief Accounting Officer
no data
US$951.26k
0.045% $ 296.2k
Brett Asnas
Chief Financial Officer
1.2yrs
no data
0.049% $ 327.6k
Kyle Curtin
Chief Administrative Officer
2.3yrs
no data
no data
Pearse Hoffmann
Senior Vice President of Capital Markets & Investor Relations
less than a year
no data
no data
Geoffrey Dugan
Senior VP
no data
no data
no data
Douglas Heitner
Chief Legal Officer
4.1yrs
no data
no data
Theresa Ulyatt
Chief People Officer
2.3yrs
no data
no data
Chase Curtis
Executive Vice President of Credit
21.8yrs
no data
no data
Elisha Blechner
Executive VP & Head of Portfolio Management
6yrs
no data
no data
Timothy Doherty
Executive VP & Head of Investments
5.3yrs
no data
no data
4.6yrs
Average Tenure
41yo
Average Age
Experienced Management: STAR's management team is considered experienced (4.6 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Jay Sugarman
Executive Chairman & CEO
27.3yrs
US$2.33m
3.41% $ 22.6m
Clifford De Souza
Independent Director
7.8yrs
US$269.40k
0.089% $ 590.2k
Barry Ridings
Director
less than a year
US$279.40k
0.13% $ 852.6k
Robin Josephs
Lead Independent Director
25.1yrs
US$326.53k
0.22% $ 1.5m
Richard Lieb
Independent Director
3.9yrs
US$250.40k
0.048% $ 317.7k
David Eisenberg
Independent Director
2.7yrs
US$243.78k
0.042% $ 275.4k
5.8yrs
Average Tenure
61yo
Average Age
Experienced Board: STAR's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2023/04/01 11:35
End of Day Share Price
2023/03/30 00:00
Earnings
2022/12/31
Annual Earnings
2022/12/31
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.
* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
iStar Inc. is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.