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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.
Key information
Jay Sugarman
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 25.8% |
| CEO tenure | 26.3yrs |
| CEO ownership | 3.4% |
| Management average tenure | 4.6yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
iStar Q4 2022 Earnings Preview
Feb 20iStar declares $0.125 dividend
Aug 18iStar Q2 2022 Earnings Preview
Aug 03iStar: Why I Am Not Buying Just Yet
Jan 28iStar: The REIT Innovator Poised For Future Growth
Nov 04Why I Tripled Down On iStar
Aug 07iSTAR: The Time To Invest Is Now
Jul 09iSTAR: 2 Scoops For The Price Of 1
Jun 11One iStar Inc. (NYSE:STAR) Analyst Just Slashed Their Estimates By A Significant 50%
Feb 28
Earnings Update: iStar Inc. (NYSE:STAR) Just Reported And Analysts Are Trimming Their Forecasts
Feb 26Do Institutions Own iStar Inc. (NYSE:STAR) Shares?
Feb 18
How Much is iStar's (NYSE:STAR) CEO Getting Paid?
Dec 29The iStar (NYSE:STAR) Share Price Has Gained 29% And Shareholders Are Hoping For More
Nov 24iStar (STAR) Investor Presentation - Slideshow
Nov 20The Huge Opportunity In iStar
Nov 15iStar reports Q3 results
Nov 03CEO Compensation Analysis
| 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 |
|---|---|---|---|---|
| Executive Chairman & CEO | 26.3yrs | US$2.33m | 3.41% $ 22.6m | |
| President & Chief Investment Officer | 5.2yrs | US$5.81m | 0.084% $ 558.0k | |
| Senior VP & Chief Accounting Officer | no data | US$951.26k | 0.045% $ 296.2k | |
| Chief Financial Officer | 1.2yrs | no data | 0.049% $ 327.6k | |
| Chief Administrative Officer | 2.3yrs | no data | no data | |
| Senior Vice President of Capital Markets & Investor Relations | less than a year | no data | no data | |
| Senior VP | no data | no data | no data | |
| Chief Legal Officer | 4.1yrs | no data | no data | |
| Chief People Officer | 2.3yrs | no data | no data | |
| Executive Vice President of Credit | 21.8yrs | no data | no data | |
| Executive VP & Head of Portfolio Management | 6yrs | no data | no data | |
| 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 |
|---|---|---|---|---|
| Executive Chairman & CEO | 27.3yrs | US$2.33m | 3.41% $ 22.6m | |
| Independent Director | 7.8yrs | US$269.40k | 0.089% $ 590.2k | |
| Director | less than a year | US$279.40k | 0.13% $ 852.6k | |
| Lead Independent Director | 25.1yrs | US$326.53k | 0.22% $ 1.5m | |
| Independent Director | 3.9yrs | US$250.40k | 0.048% $ 317.7k | |
| 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 02:24 |
| 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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
iStar Inc. is covered by 13 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.
| Analyst | Institution |
|---|---|
| Venu Krishna | Barclays |
| Nathan Crossett | Berenberg |
| David Chiaverini | BMO Capital Markets U.S. (Historical) |