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...

Current Market Cap

$718.50M

Number of Employees

55

Total Compensation

2022 - 2023

Trending up by 137.09% last year
Showing total compensation for the last 2022 - 2023

Stock

Up by 181.75% last year

Salary

Down by -20.00% last year

Bonus

Up by 892.00% last year

Other

Down by -69.87% last year

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.

SEC Filing

From March 27, 2024

Andrew E. Witt

Ex-CEO of BrightSpire Capital

B

Education

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

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1980 - 44 years ago

Is Founder?

No

Tenure

1 year 7 months (Feb 2022 - Oct 2023)

Previous Experience

Managing Director and Chief Operating Officer of Global Credit at Colony Capital; Interim President and Chief Executive Officer at BrightSpire Capital.