Michael Comparato is the current CEO of Franklin BSP Realty Trust, having taken over the role in March 2023. Prior to this, he served as a managing director and head of real estate at Benefit Street Partners, the external manager...

Current Market Cap

$1.05B

Number of Employees

0

Total Compensation

2023 - 2023

Trending up by 0.00% last year
Showing total compensation for the last 2023 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$974.40K

Salary

$0.00

Board Justification

The compensation philosophy emphasizes alignment with stockholder interests through equity-based compensation, focusing on long-term performance and retention of key executives.

Bonus

$0.00

Board Justification

The CEO does not receive any cash bonuses as he is compensated by the Advisor.

Other

$0.00

Board Justification

The CEO does not receive any other compensation as he is compensated by the Advisor.

Restricted Stock

$974.40K(68.43K RSU)

Board Justification

The stock awards granted to the CEO that vested in 2023 are part of the restricted stock units granted under the 2021 Equity Incentive Plan, which vest in equal annual installments over three years.

Performance Metrics

The performance metrics considered for compensation include financial performance measures such as total shareholder return and economic return, operational performance measures, and individual performance.

SEC Filing

From April 17, 2024