Katharine A. Keenan, born in 1985 and a graduate of Harvard with a degree in History, is the current CEO of Blackstone Mortgage Trust, Inc. She started her journey with Blackstone in 2012 and rose through the ranks, becoming the...

Katharine A. Keenan, born in 1985 and a graduate of Harvard with a degree in History, is the current CEO of Blackstone Mortgage Trust, Inc. She started her journey with Blackstone in 2012 and rose through the ranks, becoming the President in 2020. Prior to leading BXMT, she served as Executive Vice President in Investments, showcasing her deep expertise in finance and real estate investments. Under her leadership, the company has navigated through various market challenges effectively. Katharine’s impressive track record includes managing significant capital, with Blackstone having over $1 trillion in assets under management. Interestingly, her total compensation in recent years has been primarily stock-based, showing her strong alignment with the company's performance and growth. In 2023, her restricted stock awards were valued at approximately $1.2 million, signaling confidence in the company's direction. Katharine is also known for her active involvement in the investment community, sitting on several advisory boards and contributing to broader financial strategies.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Blackstone Mortgage Trust CEOs

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Katharine A. Keenan

CEO of Blackstone Mortgage Trust

Education

A.B. in History from Harvard College

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

CEO of Blackstone Mortgage Trust for

2 years 11 months (Apr 2022 - Present)

Previous Experience

Executive Vice President, Investments at BXMT

Rivals

Competitors/colleagues of Katharine A. Keenan

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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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Thomas E. Capasse

Founder and CEO of Ready Capital

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$2.41M

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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

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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 Katharine A. Keenan make over time.

As of early 2024, Katharine A. Keenan holds a significant amount of stock in Blackstone Mortgage Trust, reflecting her commitment to the company’s growth. Her most recent stock award was for 52,000 shares, valued at about $1.17 million upon grant....

As of early 2024, Katharine A. Keenan holds a significant amount of stock in Blackstone Mortgage Trust, reflecting her commitment to the company’s growth. Her most recent stock award was for 52,000 shares, valued at about $1.17 million upon grant. In previous years, her holdings have seen variations, with substantial awards in 2021 valued at $1.62 million. She has consistently received stock instead of cash bonuses, which ties directly to her performance and the company’s success. The value of her unvested shares, which includes awards from 2021 and 2022, showcases her serious stake in the outcome of the company’s ventures, with the total potential market value in the millions. This pattern of equity holdings reflects a long-term investment approach for both her and the shareholders.

Mar 17, 2025

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shares

BXMT @ $20.85

Total Stock Sold

$1.80M

BXMT

$1.80M

75,089 BXMT shares

What if they kept their stock?

If Katharine A. Keenan didn't sell their stock, today they would have:
Extra BXMT75,089 shares worth $1.30M.
This is -28.03% and $504.56K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Katharine A. Keenan.

BXMT

$48.09K

BXMT at $20.70/share

Mar 3, 2025

Sale

BXMT

51,850 shares

BXMT

Dec 15, 2024

Received

BXMT

$274.63K

BXMT at $17.16/share

Aug 5, 2024

Purchase

BXMT

$79.04K

BXMT at $17.53/share

Jun 17, 2024

Sale

BXMT

$39.11K

BXMT at $17.04/share

Jun 10, 2024

Sale

BXMT

$38.50K

BXMT at $17.04/share

May 30, 2024

Sale

BXMT

$46.07K

BXMT at $20.25/share

Mar 11, 2024

Sale

BXMT

$46.44K

BXMT at $20.42/share

Mar 1, 2024

Sale

BXMT

52,000 shares

BXMT

Dec 15, 2023

Received

BXMT

$48.27K

BXMT at $21.23/share

Dec 11, 2023

Sale

Compensation History

See how much did Katharine A. Keenan make over time.

In recent years, Katharine A. Keenan's compensation has been unusual compared to typical CEOs. In 2023, she received no salary or cash bonuses, which means her entire reported compensation of about $1.17 million was from vested stock awards. This highlights a compensation philosophy focusing on long-term performance rather than immediate payouts. In 2022, her total compensation was slightly higher at approximately $1.28 million, yet still primarily attributed to stock. The company’s strategy revolves around aligning her interests with those of shareholders, encouraging a commitment that fosters growth and stability over time. Katharine’s approach can be seen as a vote of confidence in the company's future.

Year

2023

Total Compensation

$1.17M

Salary

$0.00

Board Justification

The compensation philosophy is aligned with the performance of the company and the interests of stockholders, focusing on equity-based awards to align the interests of the CEO and the Manager with those of the stockholders.

Bonus

$0.00

Board Justification

No cash compensation or bonus was provided to the CEO in 2023.

Other

$0.00

Board Justification

No other compensation was provided to the CEO in 2023.

Restricted Stock

$1.17M(52K restricted stock)

Board Justification

52,000 restricted shares of class A common stock were granted to Ms. Keenan on December 15, 2023, which vest over a period of time starting six months after the grant date.

Performance Metrics

The performance metrics considered for determining compensation include the overall financial performance of the company and the strategic objectives achieved by the CEO.

Other Blackstone Mortgage Trust CEOs

Here are other CEOs of Blackstone Mortgage Trust

Stephen D. Plavin

CEO of Blackstone Mortgage Trust

December 2009 - Invalid Date