BrightSpire Capital Q4 Adj DE $0.27/share; appoints Andrew Witt as President

BrightSpire Capital, Inc.

2021-FY EPS reported -$0.79 revenue$194,306,000

GAAP net income $81.0M ($0.63/share); Adjusted DE $36.1M ($0.27/share).
Loan portfolio grew to $3.5B (98 loans) from $2.4B (50 loans); $1.9B deployed in 2021.
Quarterly dividend reinstated and increased during 2021 with consecutive quarterly rises.
Andrew Witt appointed President (effective Feb 22, 2022), retains COO role; Mazzei stays CEO.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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

Appointed

Andrew E. Witt

President

BRSP · BrightSpire Capital, Inc.

Effective: 2022-02-22
Filed: February 22, 2022, 6:59 PM ET

On February 16, 2022, the board of directors of the Company approved the appointment of Andrew E. Witt as President of the Company, effective February 22, 2022.

Role change

Michael J. Mazzei

President

BRSP · BrightSpire Capital, Inc.

Effective: 2022-02-22
Successor: Andrew E. Witt
Filed: February 22, 2022, 6:59 PM ET

Michael J. Mazzei will no longer serve as President and will continue as Chief Executive Officer and member of the board of directors of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew E. Witt was appointed as President at BrightSpire Capital, Inc..

Action: appointed
Role: President

Exact text from the filing

On February 16, 2022, the board of directors of the Company approved the appointment of Andrew E. Witt as President of the Company, effective February 22, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. Mazzei changed role as President at BrightSpire Capital, Inc..

Action: will no longer serve as
Role: President

Exact text from the filing

Michael J. Mazzei will no longer serve as President and will continue as Chief Executive Officer and member of the board of directors of the Company.

View on SEC.gov

BrightSpire Capital, Inc. filing history →

Source: SEC EDGAR

accession 0001717547-22-000011

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