Stephen D. Plavin is the former CEO of Blackstone Mortgage Trust (BXMT), where he served from December 2009 until January 2016. With a strong background in finance, Plavin worked in various roles at the Chase Manhattan Bank for over 14...

Stephen D. Plavin is the former CEO of Blackstone Mortgage Trust (BXMT), where he served from December 2009 until January 2016. With a strong background in finance, Plavin worked in various roles at the Chase Manhattan Bank for over 14 years, including co-head of Global Real Estate. His experience covers loan origination, syndications, and portfolio management, making him well-versed in the financial industry. During his time at Blackstone, Plavin's compensation was largely tied to stock awards rather than cash, which shows a focus on long-term performance. In 2014, his total compensation reached around $5.6 million, highlighting his value to the company. Plavin also holds board positions with other companies like Omega Healthcare Investors, showing his continued influence in real estate finance. He seems to have a steady grip on strategic decision-making, having navigated the company through important financial metrics tied to investments and stock performance.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Blackstone Mortgage Trust CEOs

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Stephen D. Plavin

CEO of Blackstone Mortgage Trust

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Real Estate

CEO of Blackstone Mortgage Trust for

15 years 4 months (Dec 2009 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Stephen D. Plavin

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

R

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

A

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 Stephen D. Plavin make over time.

Stephen D. Plavin's holdings during his time with Blackstone Mortgage Trust reflect significant fluctuations. At the peak, his compensation in 2014 included $5.6 million, heavily weighted towards stock awards, which indicates his strong alignment with the company's growth. In 2016,...

Stephen D. Plavin's holdings during his time with Blackstone Mortgage Trust reflect significant fluctuations. At the peak, his compensation in 2014 included $5.6 million, heavily weighted towards stock awards, which indicates his strong alignment with the company's growth. In 2016, however, his total compensation dropped to about $1 million, almost entirely from vested stock, demonstrating how stock performance can directly impact executive earnings. This sort of variability suggests he had most of his financial interests tied up in the company’s growth trajectory, which is a key strategy for long-term management. Over the years, he was granted tens of thousands of shares, emphasizing the role of equity in his compensation philosophy.

Charitable Transactions

OHI

33,963 shares

OHI

BXMT

92,117 shares

BXMT

Recent Charitable Transactions

OHI

33,963 shares

OHI

Dec 31, 2020

Charity

BXMT

92,117 shares

BXMT

Dec 31, 2020

Charity

Insider Trading

See recent insider trades of Stephen D. Plavin.

BXMT

92,117 shares

BXMT

Dec 31, 2020

Charity

BXMT

92,117 shares

BXMT

Dec 31, 2020

Charity

OHI

33,963 shares

OHI

Dec 31, 2020

Charity

OHI

33,963 shares

OHI

Dec 31, 2020

Charity

BXMT

32,467 shares

BXMT

Dec 4, 2020

Received

OHI

$150.00K

OHI at $32.63/share

Jun 11, 2020

Received

BXMT

50,000 shares

BXMT

Nov 25, 2019

Received

OHI

$150.00K

OHI at $36.25/share

Jun 7, 2019

Received

BXMT

48,000 shares

BXMT

Nov 7, 2018

Received

OHI

$150.01K

OHI at $30.36/share

Jun 8, 2018

Received

Compensation History

See how much did Stephen D. Plavin make over time.

Stephen D. Plavin had an interesting compensation structure at Blackstone Mortgage Trust. Rather than relying on a fixed salary, his earnings were mainly from stock awards. In 2014, his total compensation hit a high of approximately $5.6 million, showcasing effective leadership during his tenure. However, as the landscape changed and stock values fluctuated, his total compensation dropped to nearly $1 million in 2016. He didn't receive cash bonuses, indicating that his focus was on long-term company performance linked to stock value. This strategy aligns executive interests directly with that of the shareholders, fostering a performance-oriented environment. His compensation philosophy was about creating value over time rather than immediate cash payouts.

Year

2016

Total Compensation

$999.60K

Salary

$0.00

Board Justification

The compensation philosophy is aligned with the performance of the Company and is primarily based on equity awards, as the executive officers do not receive cash compensation directly from the Company.

Bonus

$0.00

Board Justification

No cash bonus was provided in 2016 as the Named Executive Officers do not receive cash compensation from the Company.

Other

$0.00

Board Justification

No other compensation was provided in 2016 as the Named Executive Officers do not receive cash compensation from the Company.

Restricted Stock

$999.60K(35.3 restricted stock)

Board Justification

The stock awards that vested in 2016 were based on previously granted performance awards and restricted stock units.

Performance Metrics

The performance metrics for the compensation of the CEO are tied to the overall financial performance of the Company and the management of its investments.

Other Blackstone Mortgage Trust CEOs

Here are other CEOs of Blackstone Mortgage Trust

Katharine A. Keenan

CEO of Blackstone Mortgage Trust

April 2022 - Present