Michael J. Mazzei is the CEO of BrightSpire Capital, Inc., a role he has held since April 2020. With a solid educational background including a B.S. from Baruch College and a J.D. from St. John's University, he has the knowledge...

Current Market Cap

$812.56M

Number of Employees

55

Total Compensation

2020 - 2023

Trending up by 375.36% last year
Showing total compensation for the last 2020 - 2023

Stock

Up by 456.83% last year

Salary

Up by 60.00% last year

Bonus

Up by 1930.00% last year

Other

Down by -69.16% last year

Year

2023

Total Compensation

$4.52M

Salary

$800.00K

Board Justification

The compensation philosophy emphasizes alignment with shareholder interests through performance-based pay, competitive benchmarking, and retention strategies.

Bonus

$2.03M

Board Justification

The bonus is based on the 2023 Annual Incentive Plan, which is tied to performance metrics including absolute and relative return on average equity (ROAE). The CEO received 116% of his target bonus due to performance achievements.

Other

$15.42K

Board Justification

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

Restricted Stock

$1.67M(277.49K restricted Class A common stock)

Board Justification

The stock awards that vested in 2023 were part of the long-term incentive plan and were issued in shares of restricted Class A common stock, vesting in three equal installments over three years.

Performance Metrics

The performance metrics for determining the CEO's compensation included absolute ROAE and relative ROAE compared to peers.

SEC Filing

From March 27, 2024

Michael J. Mazzei

Ex-CEO of BrightSpire Capital

B

Education

B.S. from Baruch College; J.D. from St. John's University School of Law; graduate of New York University Real Estate Institute.

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1963 - 61 years ago

Is Founder?

No

Tenure

3 years 6 months (Apr 2020 - Oct 2023)

Previous Experience

President of Ladder Capital; Global Head of CMBS and Bank Loan Syndication Group at Bank of America Merrill Lynch; Co-Head of CMBS and Commercial Real Estate Debt Markets at Barclays Capital; 20 years at Lehman Brothers.