---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-035281"
form_type: "8-K"
ticker: "FBRT"
cik: "0001562528"
company_name: "Franklin BSP Realty Trust, Inc."
filed_at: "2023-03-22T23:59:59+00:00"
generated_at: "2026-06-17T21:18:35.744454+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Franklin BSP Realty Trust appoints Michael Comparato as President; Byrne remains CEO

## Summary
- Michael Comparato appointed President on March 20, 2023, effective immediately.
- Richard J. Byrne continues as Chairman and CEO of the Company.
- Comparato is a managing director at Benefit Street Partners, head of real estate since 2017.
- Previously led U.S. Equity Investments at Ladder Capital and was president of BankAtlantic Commercial Mortgage Capital.
- No family relationships or transactions with the Company.

## SEC filing metadata
- accession: 0001104659-23-035281
- form_type: 8-K
- ticker: FBRT
- cik: 0001562528
- company_name: Franklin BSP Realty Trust, Inc.
- filed_at: 2023-03-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562528/000110465923035281/0001104659-23-035281-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562528/000110465923035281/tm2310118d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-035281
- JSON: https://secwatch.observer/filing/0001104659-23-035281.json
- Plain text: https://secwatch.observer/filing/0001104659-23-035281.txt

## Key facts
- Executive change
  Michael Comparato was appointed as President at Franklin BSP Realty Trust, Inc..
  - Action: appointed
  - Role: President
  source text: On March 20, 2023, the board of directors (the “ Board ”) of Franklin BSP Realty Trust, Inc. (the “ Company ”) appointed Michael Comparato to succeed Richard J. Byrne as the Company’s President, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562528/000110465923035281/0001104659-23-035281-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.