Andrew E. Witt is the CEO of BrightSpire Capital, Inc., a position he has held since February 2022. He has a solid educational background with an MBA from the University of Southern California and a Bachelor of Arts in International...

Andrew E. Witt is the CEO of BrightSpire Capital, Inc., a position he has held since February 2022. He has a solid educational background with an MBA from the University of Southern California and a Bachelor of Arts in International Relations from Stanford University. Witt brings expertise in finance to the company, which focuses on real estate investment and asset management. In 2023, his total compensation was over $1 million, driven mostly by a substantial bonus tied to company performance, showing that he is deeply invested in BrightSpire's success. Witt has overseen significant growth during his tenure, focusing on aligning executive performance with returns for shareholders. This aligns with his previous role in managing more complex financial landscapes, leveraging his skills and experiences effectively. Under his leadership, BrightSpire Capital continues to adapt and grow within the real estate market, and Witt remains a key player in steering the company's future.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other BrightSpire Capital CEOs

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Andrew E. Witt

CEO of BrightSpire Capital

Education

MBA from the University of Southern California; Bachelor of Arts in International Relations from Stanford University.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

Born

January 1, 1980 - 45 years ago

CEO of BrightSpire Capital for

3 years 1 month (Feb 2022 - Present)

Previous Experience

Managing Director and Chief Operating Officer of Global Credit at Colony Capital, Executive Vice President of Colony American Homes

Rivals

Competitors/colleagues of Andrew E. Witt

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Katharine A. Keenan

CEO of Blackstone Mortgage Trust

2023 Compensation

Stock

$1.17M

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$5.18M

S

Andrew J. Sossen

CEO of Starwood Property Trust

2023 Compensation

Stock

$608.18K

Salary

$425.00K

Bonus

$0.00

Other

$0.00

Total Holdings

$3.65M

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Michael Nierenberg

CEO of Rithm Capital

2023 Compensation

Stock

$1.79M

Salary

$1.25M

Bonus

$10.00M

Other

$160.04K

Total Holdings

$27.00M

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Anastasia Mironova

CEO of Apollo Commercial Real Estate Finance

2023 Compensation

Stock

$149.99K

Salary

$329.84K

Bonus

$470.01K

Other

$50.42K

Total Holdings

$289.41K

A

David L. Finkelstein

CEO of Annaly Capital Management

2023 Compensation

Stock

$2.59M

Salary

$1.00M

Bonus

$7.33M

Other

$15.20K

Total Holdings

$14.85M

Holdings

See how much did Andrew E. Witt make over time.

As CEO of BrightSpire Capital, Andrew E. Witt's holdings reflect his stake in the company. In 2023, he had around 141,305 shares of restricted stock that are vesting over three years, showing his commitment to the company's performance. His overall...

As CEO of BrightSpire Capital, Andrew E. Witt's holdings reflect his stake in the company. In 2023, he had around 141,305 shares of restricted stock that are vesting over three years, showing his commitment to the company's performance. His overall wealth is closely tied to BrightSpire's growth. While specific numbers for his previous holdings aren't disclosed, he clearly had significant equity at the start of his term in 2022, which was valued heavily at the time. This strategic positioning in the company amplifies his interests as he drives success within BrightSpire, demonstrating a shared fate with shareholders.

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Insider Trading

See recent insider trades of Andrew E. Witt.

BRSP

111,774 shares

BRSP

Mar 15, 2024

Received

BRSP

19,000 shares

BRSP

Mar 15, 2023

Received

BRSP

141,305 shares

BRSP

Mar 6, 2023

Received

BRSP

$71.80K

BRSP at $7.18/share

Jun 16, 2022

Purchase

BRSP

174,217 shares

BRSP

May 5, 2022

Received

BRSP

$94.30K

BRSP at $9.43/share

Aug 18, 2021

Purchase

Compensation History

See how much did Andrew E. Witt make over time.

Andrew E. Witt's compensation reflects his role as a CEO in the finance sector. In 2023, he earned a total of around $1,002,065, which includes a salary of $400,000, a bonus of nearly $992,000 based on annual performance metrics, and additional benefits. This signifies a performance-driven approach where bonuses link closely to financial outcomes and individual performance. He received $140,406 in vested stock, contributing significant value and indicating a considerable long-term investment in the company. This aligns with the company's compensation philosophy, which aims to marry executive compensation with shareholder interests, focusing on measurable performance. In 2022, his total compensation was about $950,000, showcasing a trend of increasing earnings as the company grows.

Year

2023

Total Compensation

$2.25M

Salary

$400.00K

Board Justification

The compensation philosophy is designed to align the interests of executives with those of stockholders, focusing on performance-based compensation and market competitiveness.

Bonus

$992.00K

Board Justification

The bonus for 2023 is based on the 2023 Annual Incentive Plan, which includes performance metrics weighted towards financial performance and individual performance.

Other

$15.07K

Board Justification

Other compensation includes contributions towards 401(k) matching and premiums for life insurance.

Restricted Stock

$845.24K(140.41K restricted stock)

Board Justification

The stock that vested in 2023 includes 141,305 shares of restricted stock that will vest in three equal installments over three years, with the first installment vesting on March 15, 2024.

Performance Metrics

Performance metrics for 2023 included absolute and relative return on average equity (ROAE) and individual performance measures.

Other BrightSpire Capital CEOs

Here are other CEOs of BrightSpire Capital

Michael J. Mazzei

CEO of BrightSpire Capital

April 2020 - Invalid Date