NEW YORK--(BUSINESS WIRE)--KKR today announced a newly promoted group of 18 Partners and 42 Managing Directors, effective January 1, 2022. Mr. Salem has a B.A. The adjustment to the framework whereby annual fees are paid 60% in cash and 40% in equity only came into effect as at the 2020 AGM. Formerly, Mr. McGuire served as a director of the Wyeth Corporation and as a member of the nominating and corporate governance committee. your username. The company that landed the #2 spot for the highest-paid board was Regeneron Pharmaceuticals Inc. (NASDAQ: REGN), with a total board compensation of $23.88 million. KKR has a long track record of supporting health care companies globally, having invested approximately $19 billion in the sector since 2004. KKR to support organic and inorganic growth to enhance Clinisupplies' leadership position in collecting devices and expand its broader chronic care portfolio Oliver Johansen, former Senior Vice KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. Prior to joining BlackRock, Mr. Stork worked at PennCorp Financial Group a life insurance holding company, Conning Asset Management, and The Travelers Insurance Companies. Yann . Kellogg Graduate School of Management at Northwestern University. KKR & Co. Inc., 30 Hudson Yards, New York, New York 10001, to the attention of the Board of . Evaluating the performance of the Chief Executive Officer and taking appropriate . KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. 2023 KKR Real Estate Finance Trust Inc. All Rights Reserved. kkr board of directors compensation. CONTACT BOARD OF DIRECTORS Shareholders and other interested parties who wish to communicate with a member or members of KREF's Board of Directors may do so by addressing their correspondence to such member or members, Attn: KREF Investor Relations 30 Hudson Yards New York, NY 10001 Drawbridge is an independently managed real estate investment vehicle. Prior to 2004, Mr. Rosenberg was the Co-Chief Operating Officer of the Goldman Sachs Real Estate Principal Investment Area, which invests the Whitehall Street Real Estate Limited Partnerships. Further, KKR is under no obligation to provide the Drawbridge Fund with investment opportunities and in many cases will be prohibited from doing so by KKRs internal policies and procedures. Mr. McGuire received his M.B.A. and J.D. Director representing employees. From 1994 to 2010, Mr. Langer was employed at Goldman, Sachs & Co., where he most recently worked as a Partner in its Real Estate Principal Investment Area (REPIA), which invests the Whitehall Street Real Estate Limited Partnerships. He earned a B.A. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to KKR or are within its control. Kathryn K. Sudol joined KKR in 2022 and is our General Counsel and Secretary. Ms. Madoff is a 2018 David Rockefeller Fellow, a Director of Hudson River Park Friends, a member of the Harvard Business School Alumni Board, and a member of the Harvard Kennedy School Women and Public Policy Womens Leadership Board. He has served on the Board of Governors of the Commercial Real Estate Finance Council and as Chair of the B-Piece Buyer Forum. Over his career he has worked and lived in New York, London, and Hong Kong. Leverage your professional network, and get hired. ), Partner & Head of Co-investments and Partnerships, KKR Capital Markets. Before rejoining Lucent in 2002, Ms. Russo was president and chief operating officer of Eastman Kodak Company from March 2001 to December 2001. He is currently the Program Director for the American Rescue Plan (ARP) at the U.S. Economic Development Administration (EDA, an agency of the Department of Commerce) where he is responsible for all aspects of EDAs $3 billion ARP programs. She previously served as the Executive Vice President and Chief Financial Officer of XL Group plc from 2010 to 2011. Mr. Salem joined KKR in 2015, and is a Partner and Head of KKRs Real Estate Credit Group. Mr. Langer has served as a Managing Member at Fireside Investments LLC, a private investment firm that he founded in January 2012. Nancy Ford is a Managing Director in the Consumer Retail Group at Kohlberg Kravis and Roberts (KKR) in Menlo Park, where she joined in 2017. Prior to joining KKR, Mr. Lee spent three years at Apollo Global Management on their global real estate team where he focused on real estate acquisitions. from Harvard Business School and Harvard Law School, respectively, and his Bachelor of Arts degree from Harvard College. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. He has been involved in the data communications, internet and telecommunications industry since the late 1980s. Xavier B. Niel has been a member of the board of directors since March 1, 2018. She has been employed by Goldman for 28 years where she was most recently a Partner leading Interest Rate Products, Derivatives, and Mortgages until her retirement in August 2017. When offering option-based compensation consider the following: Start-up company advisors should be hustling to help the company. Prior to his current position, he served as Co-President and Co-Chief Operating Officer from 2017 to 2021, and he has been a member of the board of directors since July 2017. He graduated from Brown University, magna cum laude, with a B.A. Congratulations to our senior leaders for not only reaching new career milestones at KKR but for all they have done to get to there. In 2013, he created 42, a school that trains computer specialists in France, and in 2017, he opened Station-F, a startup campus located in Paris. from Columbia University. From November 2016 to May 2018, Ms. Russo has also served on the board of Arconic Inc., which separated from Alcoa Inc., where Ms. Russo served as a director from 2008 to November 2016. KKR (Kohlberg Kravis Roberts) 97.9%. Mr. Niel also owns majority stakes in telecom operators in various countries. KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law. A major theme of corporate governance is the separation of ownership and control. He earned a B.A. In addition to his role developing KKRs Asia-Pacific platform, he has presided over business building in the firms private markets businesses, which included leading or serving on all of the investment committees and implementing the firms modern thematic investment approach. Home; For You Personal Menu; For Employers Business Menu; Survey Catalog Servey Menu; He is active in a number of non-profit educational and cultural institutions, including co-founding and serving on the board of The Asian American Foundation, a member of Harvard Universitys Global Advisory Council and as a board member of the Lincoln Center. It manages investments across multiple asset classes including. 254 0 obj <>/Filter/FlateDecode/ID[<2B621EF2BD8F5D41BBDDA1BC372447BC><88106B4A468ECC45AE2A154561B34BAD>]/Index[241 24]/Info 240 0 R/Length 71/Prev 42795/Root 242 0 R/Size 265/Type/XRef/W[1 2 1]>>stream She has served as the chairman of Hewlett Packard Enterprise Company since 2015 and as a director of Merck & Co., Inc. since 2009 and General Motors Company since 2009. Ryan D. Stork joined KKR in 2022 as Chief Operating Officer. Compensation Committee Charter. [Current_Location] => DE 2nd Year Associate (192) $264. Ms. Esteves also currently serves as a director of Roper Technologies, Inc. (NYSE: ROP), where she is a member of the Audit Committee. J. Thelander Consulting has the data on non-investor board member compensation for several types of private companies, along with other comp information for private companies and investment firms. Mr. Hess earned a B.A. Dane E. Holmes has been a member of the board of directors since March 4, 2021. Mr. Holmes serves on several non-profit boards. Compensation of Directors. He received a B.A., summa cum laude, from Williams College and a J.D., cum laude, from Harvard Law School. Mr. Director, Legal . Committee Composition. from the University of California (Hastings) Law School in 1969. He began his career in 1996 at Midland Loan Services in Kansas City. | January 1, 2023 Director President, KKR Credit and Capital Markets. She also oversaw Operations Services, which supports . Prior to Benchmark, Mr. Cohler was Vice President at Facebook, where he was the companys seventh employee, and Vice President at LinkedIn, where he was part of the companys founding team. Ms. Dillon serves as the President and CEO of Foot Locker and is a member of the board. She currently serves on the board of the University of Vermont Foundation and formerly served as trustee and chair of the board of the University of Vermont. Mr. Niel is the founder, deputy chairman of the board and chief strategy officer of Iliad SA, a French telecommunications company that owns the internet provider Free and the low-cost mobile operator Free Mobile. https://www.businesswire.com/news/home/20191205005676/en/. New York, Patricia Bandeira Vieira Mr. Scully was a member of the Office of the Chairman of Morgan Stanley from 2007 until his retirement in 2009, where he had previously been co-president, chairman of global capital markets and vice chairman of investment banking. At the other end of the spectrum, a startup company more likely can offer options for compensation. The following factors, among others, could cause actual results to vary from the forward-looking statements: whether KKR realizes all or any of the anticipated benefits from converting to a corporation and the timing of realizing such benefits; whether there are increased or unforeseen costs associated with the conversion, including any adverse change in tax law; the volatility of the capital markets; the general volatility of the capital markets; failure to realize the benefits of or changes in KKRs business strategies including the ability to realize the anticipated synergies from acquisitions or strategic partnerships or other transactions; availability, terms and deployment of capital; availability of qualified personnel and expense of recruiting and retaining such personnel; changes in the asset management industry, interest rates or the general economy; underperformance of KKR's investments and decreased ability to raise funds; and the degree and nature of KKRs competition. From 2006 to 2010, Ms. Decious was the Chief Financial Officer of KKR Private Equity Investors, L.P., the publicly listed vehicle that was combined with KKR's business to create KKR & Co. Inc. 1st Year Associate (368) $227. Ms. Frank will not receive any other compensation for serving as a director of the Company, consistent with the Company's standard . Mr. Langer was an Operating Partner and Consultant at Bain Capital from March 2010 to March 2012, where he worked in its private equity area. Cara Major Ms. Dillon joined the board of directors of Starbucks in January 2016 and serves as chair of its compensation and management development committee, and as a member of the nominating and corporate governance committee. In 2017, Mr. Spiegel formed the Spiegel Family Fund, a non-profit humanitarian organization which supports organizations across the arts, education, housing and human rights. No person should rely upon the past performance or reputation of KKR or its investment products when considering any security offered by the Drawbridge Fund or Drawbridge. Arturo Gutirrez Hernndez has been a member of the board of directors since March 4, 2021. Drawbridge is an independently managed real estate investment vehicle. He was the Co-Founder and Co-Head of the Goldman Sachs Global Special Situations Group from 2004 to 2006. All forward-looking statements speak only as of the date they are made. Todd Builione. Raymond J. McGuire has been a member of the board of directors since June 15, 2022. Mary N. Dillon has been a member of the board of directors since September 6, 2018. Deborah H. McAneny has served as a director since May 2017. Most recently, he joined the board of directors of Hess Corporation in February 2022 and the board of directors of Vornado Realty Trust in March 2022. By using this site you agree to our use of cookies. Mr. Bae serves on the firms Inclusion and Diversity Council. Vice President (84) $363. He is actively involved in managing the Firm and serves on regional Private Equity Investment and Portfolio Management Committees. Robert H. Lewin joined KKR in 2004 and is the Chief Financial Officer. Our investment and consulting professionals have extensive experience in the technology space. 30 Hudson Yards Nicolas Bazire Marie-Vronique Belloeil-Melkin. She graduated from Georgetown University with a bachelors degree in political science and history, and obtained an Advanced Management Degree from Harvard Business Schools Advanced Management Program. Global Head of Benefits, Human Capital 1) Includes compensation for Chairman of the BoD only. The non-executive directors' compensation will be determined by the Board of Directors. Robert W. Scully has been a member of the board of directors since July 15, 2010. Michael Forman. His responsibilities included overseeing REPIAs North American real estate and global lodging investment efforts. Prior to his current position, he was Co-Chief Executive Officer until 2021. If a change occurs, KKRs business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. Mr. Kravis has more than four decades of experience financing, analyzing, and investing in public and private companies, as well as serving on the boards of a number of KKR portfolio companies. KKR wanted the company, but they didn't want Johnson anymore. Director representing employees. from New York University School of Law. He has also served as a director of GMAC Financial Services and MSCI Inc. By using this site you agree to our use of cookies. Before viewing this presentation, please acknowledge your understanding that it has been prepared for KKR & Co. Inc. (NYSE:KKR) for the benefit of its public stockholders and is not intended to be a solicitation or sale of any of the securities, funds or services that it may discuss. During his career, he served on a variety of additional global committees, including Partnership Committee, Risk Committee, Client and Business Standards Committee, Finance Committee, and Global Diversity Committee. in Economics from the Wharton School at the University of Pennsylvania. Prior to Honeywell, Ms. Brown spent 19 years at Corning, Inc., ultimately serving as Vice President and General Manager, Environmental Products Division, having started her career there as a shift supervisor. Christopher Johnson was appointed Non-executive Chairman of the Board by Partners Resolution dated July 8, 2015. KKR today announced a newly promoted group of 13 Members and 26 Managing Directors, effective from January 1, 2020. See the breakdown of the total annual compensation for Irene M. Esteves for being a board member of KKR REAL ESTATE FIN TR INC, as well as other members of the Board of Directors for KKR REAL ESTATE FIN TR INC. Prior to joining the EDA in October 2021, he was Managing Director, Scalable Solutions at Year Up, a not-for-profit focused on providing young adults disconnected from the economic mainstream skills and pathways to middle class jobs. KKR & Co. Uwkb45. Christen E.J. Access PE Report. from Claremont McKenna College in 1966 and a J.D. Christopher Johnson, Chairman, Board of Directors. Ms. McAneny received a B.S. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Mr. Kravis currently serves on the boards of Axel Springer and ICONIQ Capital, LLC. Mr. Rosenberg co-founded both the Archon Group, which provided Whitehall with property and loan level diligence, asset management and servicing expertise worldwide, and Archon Capital, one of the leading providers of mezzanine financing to the real estate community. Email: Investor-Relations@kkr.com. KKR Credit conducts its business through KKR Credit Advisors (US) LLC, a SEC-registered investment adviser, KKR Credit Advisors (Ireland), authorized and regulated by the Central Bank of Ireland, and KKR Credit Advisors (EMEA) LLP, which is authorized and regulated by the Financial Conduct Authority. New York, Doug Brody The estimated additional pay is $193,004 per year. Joseph Y. Bae joined KKR in 1996 and is its Co-Chief Executive Officer. Prior to joining the Stanford Law School faculty, Mr. Grundfest was a Commissioner of the SEC from 1985 to 1990. The estimated total pay for a Director at KKR is $381,325 per year. Employee compensation at the New York-headquartered firm will be calculated based on its fee revenues and the realized investment performance of its funds, the firm revealed in its fourth-quarter and full-year 2020 results on Tuesday. He also serves in national and international chambers, such as the Nuevo Leon Transformation Industry Chamber, the U.S.-Mexico CEO Dialogue and the Consumer Goods Forum in Latin America. hb```iaB -j2 0HI/\A.TPQ[>`H+P $d` v?8 %Q Js[ Code of Business Conduct and Ethics. The Board shall have the authority to fix the compensation of Directors. Sorry! He is actively involved in managing the Firm and serves on each of the regional Private Equity Investment Committees. Prior to becoming Chief Administrative Officer, Mr. Fisher was a member of KKRs private equity business, served on KKRs Private Equity Investment Committee, and was responsible for multiple investments across the retail, chemical, financial and business services industries. Director Director Former EVP of Legal Affairs and General Counsel, Philadelphia Housing Authority. Averaging eight total board meetings per year this totals to $138.5K in annual compensation. Prior to its merger with Merck in 2009, Ms. Russo served as a director of Schering-Plough since 1995, and she served as a director of Hewlett Packard Company from 2011 to November 2015. A core component of this platform was investing in CRE securities and whole loans. In this capacity, he had joint responsibility for the investment, risk management and asset management of Goldman Sachs multi-billion dollar fixed income proprietary investment business. 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