Granite Point Mortgage Trust announces COO transition; Ethan Lebowitz to succeed Steven Plust by May 1, 2025

Granite Point Mortgage Trust Inc.

Steven Plust resigns as COO no later than May 1, 2025; will continue as Senior Managing Director until Dec 31, 2027.
Ethan Lebowitz, previously Managing Director, appointed Deputy COO effective immediately; will become COO on May 1, 2025.
Lebowitz receives $500k base salary, target bonus of 75% of base, and annual equity grants; severance terms specified.
Plust's amended employment agreement: base salary $500k, reduced cash bonuses for 2024-2027, no further equity awards.
Transition described as planned succession; Plust will remain on Investment Committee and other management committees.

item 5.02 item 7.01 item 9.01 item 1.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Ethan Lebowitz

Deputy Chief Operating Officer

GPMT · Granite Point Mortgage Trust Inc.

Effective: 2025-01-07
Filed: January 7, 2025, 6:59 PM ET

Mr. Lebowitz will immediately begin serving as Deputy Chief Operating Officer of the Company

Role change

Ethan Lebowitz

Chief Operating Officer

GPMT · Granite Point Mortgage Trust Inc.

Effective: 2025-05-01
Filed: January 7, 2025, 6:59 PM ET

will assume the role of Chief Operating Officer of the Company on May 1, 2025

Departed

Steven Plust

Vice President, Chief Operating Officer

GPMT · Granite Point Mortgage Trust Inc.

Effective: 2025-05-01
Successor: Ethan Lebowitz
Filed: January 7, 2025, 6:59 PM ET

Steven Plust will resign from his role as Vice President, Chief Operating Officer of the Company no later than May 1, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ethan Lebowitz was appointed as Deputy Chief Operating Officer at Granite Point Mortgage Trust Inc..

Action: appointed
Role: Deputy Chief Operating Officer

Exact text from the filing

Mr. Lebowitz will immediately begin serving as Deputy Chief Operating Officer of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Ethan Lebowitz changed role as Chief Operating Officer at Granite Point Mortgage Trust Inc..

Action: will assume
Role: Chief Operating Officer

Exact text from the filing

will assume the role of Chief Operating Officer of the Company on May 1, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven Plust resigned as Vice President, Chief Operating Officer at Granite Point Mortgage Trust Inc..

Action: resigned
Role: Vice President, Chief Operating Officer

Exact text from the filing

Steven Plust will resign from his role as Vice President, Chief Operating Officer of the Company no later than May 1, 2025

View on SEC.gov

Granite Point Mortgage Trust Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-001571

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.