---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-274519"
form_type: "8-K"
ticker: "CMTG"
cik: "0001666291"
company_name: "Claros Mortgage Trust, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:55:54.379255+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CFO Jai Agarwal resigns; President J. Michael McGillis appointed CFO effective Nov 17, 2023

## Summary
- CFO Jai Agarwal resigned effective Nov 17, 2023; no dispute with company.
- President J. Michael McGillis appointed CFO, retains role as President and director.
- McGillis previously served as CFO until March 2022; no additional cash compensation for CFO role.
- McGillis eligible for equity awards under the 2016 Incentive Award Plan.

## SEC filing metadata
- accession: 0001193125-23-274519
- form_type: 8-K
- ticker: CMTG
- cik: 0001666291
- company_name: Claros Mortgage Trust, Inc.
- filed_at: 2023-11-09T23:59:59+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/1666291/000119312523274519/0001193125-23-274519-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666291/000119312523274519/d293079d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-274519
- JSON: https://secwatch.observer/filing/0001193125-23-274519.json
- Plain text: https://secwatch.observer/filing/0001193125-23-274519.txt

## Key facts
- Executive change
  J. Michael McGillis was appointed as chief financial officer at Claros Mortgage Trust, Inc..
  - Action: appointed
  - Role: chief financial officer
  source text: The Company has appointed the Company’s President, J. Michael McGillis, who previously served as the Company’s chief financial officer until March 2022, as chief financial officer, effective upon Mr. Agarwal’s departure from the Company on November 17, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666291/000119312523274519/0001193125-23-274519-index.htm
- Executive change
  Jai Agarwal resigned as chief financial officer at Claros Mortgage Trust, Inc..
  - Action: resigned
  - Role: chief financial officer
  source text: Jai Agarwal notified Claros Mortgage Trust, Inc. (the “Company”) of his decision to resign as chief financial officer of the Company, effective as of November 17, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666291/000119312523274519/0001193125-23-274519-index.htm

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