At the other end of the spectrum, a startup company more likely can offer options for compensation. Board of Directors; Board of Directors. ( Board of Directors Board of Directors Michael Forman. Ms. Brown holds a Doctorate of Humane Letters and a bachelors degree in environmental health from Old Dominion University, and is a winner of its Distinguished Alumni Award. Prior to that, Ms. Esteves was the Senior Vice President and Chief Financial Officer of Regions Financial Corporation from 2008 to 2010. FW Cook's 2020 Director Compensation Report studies non-employee director compensation at 300 companies of various sizes and industries to analyze market practices in pay levels and program structure. That was followed by a nearly $5.8 million share offering. 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. Certificate of Incorporation for KKR & Co. Inc. He is also senior faculty of the Arthur and Toni Rembe Rock Center for Corporate Governance at Stanford University; co-director of Directors College, a venue for the continuing professional education of directors of publicly traded corporations; and co-founder of Financial Engines, Inc., a provider of services and advice to participants in employer-sponsored retirement plans, where he has served as a director since its inception in 1996. Director Former EVP of Legal Affairs and General Counsel, Philadelphia Housing Authority. The recipient should not distribute this Communication to any person (other than its legal, investment or tax advisors) without the prior consent of Drawbridge. Prior to joining U.S. Cellular, Ms. Dillon served as Global Chief Marketing Officer and Executive Vice President of McDonalds Corporation from 2005 to 2010, where she led its worldwide marketing efforts and global brand strategy. Arturo Gutirrez Hernndez has been a member of the board of directors since March 4, 2021. The data comes partly from surveys conducted by Thelander in conjunction with PitchBook. Drawbridge is an independently managed real estate investment vehicle. Chairman Chairman and Chief Executive Officer, FS Investments. He is actively involved in managing the Firm and serves on each of the regional Private Equity Investment Committees. KKR (Kohlberg Kravis Roberts) 97.9%. From 2005 to 2014, she also served as a director of KKR Financial Holdings LLC (formerly NYSE: KFN), a specialty finance company, where she was chairperson of the compensation committee and a member of the affiliated transaction committee and nominating and corporate governance committee. 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 was Co-Chief Executive Officer until 2021. NEW YORK-- ( BUSINESS WIRE )--KKR today announced a newly promoted group of 18 Partners and 42 Managing Directors, effective January 1, 2022. Ms. Madoff received an M.B.A. from Harvard Business School and a Bachelor of Arts degree in Economics, cum laude, from Lafayette College. 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. With a more than double increase in participation, from 69 participating institutions in 2019 to 172 in 2021, it's clear that board of directors' compensation and the associated pay practices and governance issues . 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. Adriane M. Brown has been a member of the board of directors since June 16, 2021. Total Avg Compensation. Mr. Ahern co-founded The Townsend Group in 1983 and is the Chief Executive Officer and a member of the firms management and investment committees. Before joining Waterous Energy Fund, Henry was a Director with Kohlberg Kravis Roberts, where he spent six years, with a particular focus on energy and infrastructure. Their commercial contributions, investment acumen and strong integrity have played a central role in KKRs mission of supporting our clients and the companies in which we invest. in Biology and received an M.A. Mr. Gutirrez held several executive positions in the company from 2001 to 2018, including Deputy Chief Executive Officer, Chief Operating Officer, Head of the Mexico Beverages Division, Executive Vice President of Human Resources, Director of Corporate Planning and General Counsel. By clicking OK below, I acknowledge that I have read and understood the following important information: Access to the KKR Investor Portal is provided to investors in Drawbridge Realty Partners, L.P. (the Drawbridge Fund) by Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, KKR) solely in KKRs capacity as an administrator to the Drawbridge Fund and at the direction of Drawbridge Realty (Drawbridge). He has served on the Board of Governors of the Commercial Real Estate Finance Council and as Chair of the B-Piece Buyer Forum. Mr. Gutierrez has served as the Chief Executive Officer of Arca Continental, one of the largest Coca-Cola bottlers in the world, since January 2019. Mr. McGuire has extensive board and committee experience on both corporate and not-for-profit boards. 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. Director Former Partner, Ernst & Young LLP. All forward-looking statements speak only as of the date they are made. Fifty-three percent of . 0 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. Members of the BoD in CHF. Advisory Board Member. The Directors may be paid their expenses, if any, of attendance at such meetings of the Board and may be paid a fixed sum for attendance at each meeting of the Board or a stated salary as a Director. Container board means corrugated paperboard used in the manufacture of shipping containers and related products. He currently serves on the board of Answer the Call, a non-profit organization. The forward-looking statements are based on KKRs beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. Joseph A. Grundfest has been a member of the board of directors of since July 15, 2010. With its $1.3 billion purchase of BrightSpring Health Services, one of the nation's largest group home operators, KKR became the owner of more than 600 residential facilities serving people from. Paula Madoff has served as a director since May 2018. The estimated total pay for a Director at KKR is $381,325 per year. dot tire date code chart . He is actively involved in managing the Firm and serves on regional Private Equity Investment and Portfolio Management Committees. 212-750-8300 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. Prior to becoming the Chief Legal Officer in September 2022, Mr. Sorkin was our General Counsel and Secretary. Media Mr. Rosenberg joined KKR in 2011 and is a Member and Global Head of KKR Real Estate. Mr. Langer served as Chief Executive Officer and President of NorthStar Realty Finance Corp. (Nasdaq: formerly NRF) from August 2015 to March 2017, when NorthStar Realty Finance merged with Colony Capital, Inc. and NorthStar Asset Management Group Inc. Mr. Ahern received a B.A., magna cum laude, and J.D. Director Co-President and Chief Investment Officer, FS KKR Capital Corp. Barbara Adams. 2023 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. He holds a B.A. Mr. Bae has held numerous leadership roles at KKR. She also holds a masters degree in management from the Massachusetts Institute of Technology where she was a Sloan Fellow. Laura Schrder, Director at KKR, said: "Lea is a natural fit for an Industry Advisor role at KKR as she compliments our firm's efforts to accelerate innovation, with her unique entrepreneurial mindset, excellent leadership skills and brand-building expertise. 3rd+ Year Associate (85) $276. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. KKR REAL ESTATE FIN TR INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. London, Christopher Kim in Economics from Bates College. A core component of this platform was investing in CRE securities and whole loans. Ms. Esteves most recently served as the Chief Financial Officer of Time Warner Cable Inc. from 2011 to 2013. Description KKR & Co. Inc. KKR & Co., Inc. engages in the provision of investment and private equity asset management services. Robert W. Scully has been a member of the board of directors since July 15, 2010. He joined Citigroup in 2005, serving as Global Co-Head of Investment banking from 2005 to 2008, Global Head of Corporate and Investment Banking from 2008 to 2018 and as Vice Chairman from 2018 to 2020. For additional information about KKR & Co. Inc. (NYSE:KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. He is responsible for ensuring the firms global operations, technology, human capital and enterprise risk resources are coordinated to meet our investment and client needs. KKR to support organic and inorganic growth to enhance . The average compensation package for board directors was $2.17 million. 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. Mr. Spiegel is the Co-Founder of Snap Inc., a publicly traded camera company that believes reinventing the camera represents the greatest opportunity to improve the way that people live and communicate, and has served as its Chief Executive Officer and a member of its board of directors since 2012. He also oversaw KKRs Real Estate investment business and was a member of our Managers investment committee. 241 0 obj <> endobj Before joining Intellectual Ventures, Ms. Brown served as President and Chief Executive Officer of Honeywell Transportation Systems. All Titles All Locations As of September 30, 2022, KKR has a team of over 2,400 employees, consultants, and senior advisors, including more than 740 investment professionals working across 20 industries in offices around the world. 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. Today, we recognize and thank these individuals, and wish them continued success, said Joe Bae and Scott Nuttall, Co-Chief Executive Officers of KKR. As of September 30, 2022, KKR has a team of over 2,400 employees, consultants, and senior advisors, including more than 740 investment professionals working across 20 industries in offices around the world. Email: Investor-Relations@kkr.com. Since 1998, Mr. Kropp has been a director, Chairman of the Compensation Committee and Member of the Nominating/Corporate Governance committee of PS Business Parks, Inc., a public real estate investment trust whose shares are listed on the New York Stock Exchange. John B. Hess has been a member of the board of directors since July 28, 2011. Companies are also paying an average of $2,250 per meeting and $1,000 per telephone conference, for a total annual compensation of about $36,000 per year. New York, Patricia Bandeira Vieira He also worked at Goldman Sachs in the merchant banking divisions real estate principal investment area (REPIA) for over five years after spending two years in the investment banking division. It manages investments across multiple asset classes including. Mr. Salem joined KKR in 2015, and is a Partner and Head of KKRs Real Estate Credit Group. Mr. Lee serves as Portfolio Manager for KKR Property Partners Americas, and sits on KKR's Real Estate Equity and Credit Investment Committees in the Americas, KKRs Real Estate Equity and Credit Portfolio Management Committees in the Americas, KKR's Inclusion and Diversity Council, and chairs KKR's Real Estate Valuation Committee. KKR Capstone is not a subsidiary or affiliate of KKR. Prior to his current position, he was Co-Chief Executive Officer until 2021. This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively KKR), including certain investment funds, vehicles and accounts that are managed by KKR (each, a fund). KKR & Co. Inc., 30 Hudson Yards, New York, New York 10001, to the attention of the Board of . KKR invested in Clinisupplies through KKR Health Care Strategic Growth Fund II, a $4.0 billion fund focused on investing in high-growth health care companies. from New York University School of Law. Prior to that, Mr. McGuire served as Global Co-Head of Mergers and Acquisitions at Morgan Stanley from 2003 to 2005 and held various senior roles at Merrill Lynch & Co., Inc., Wasserstein Perella & Co., Inc. and The First Boston Corporation (Credit Suisse). The following individuals have been promoted to Partner at KKR: The following individuals have been promoted to Managing Director at KKR: KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. If your board is local, you may not have to spend much for travel, but if you have directors coming from another city, you should at minimum compensate them for mileage or airfare, lodging, and per diem for incidentals. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. endstream endobj 242 0 obj <. Before joining Rialto in 2012, he was a managing director and head of CMBS trading at Goldman Sachs. He serves on several boards of industry-related companies, including Jugos del Valle and Piasa, and he holds positions on several international and national industry councils, such as the System Leadership Governance Board of Coca-Cola North America. He was a founding member of KKRs European private equity business and lived in London from 1999 to 2010. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Mr. Scully has served as a director of Zoetis Inc. since June 2013, Chubb Limited since January 2016, and prior to its acquisition of Chubb Limited, a director of ACE Limited from May 2014 to January 2016. 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. KKR Appoints Matthew Cohler as New Independent Director January 3, 2022 NEW YORK-(BUSINESS WIRE)- His appointment will bring the number of independent directors to twelve out of a total of sixteen Board seats. Mr. Spiegel holds a bachelors degree in Engineering, Product Design from Stanford University. 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. Mr. Roberts 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. By clicking OK below, I acknowledge that I have read and understood the following important information: Access to the KKR Investor Portal is provided to investors in Drawbridge Realty Partners, L.P. (the Drawbridge Fund) by Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, KKR) solely in KKRs capacity as an administrator to the Drawbridge Fund and at the direction of Drawbridge Realty (Drawbridge). Information regarding the Drawbridge Fund accessed through the KKR Investor Portal is confidential and intended for Drawbridge Fund investors only. He is currently the Chair of The Ron Brown Scholar Program and the Vice-Chair of StoryCorps. In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. All forward-looking statements speak only as of the date they are made. Previously, he was a director of UBS Group AG from May 2016 to April 2020, a director of Bank of America Corporation from August 2009 to May 2013 and a public governor of the Financial Industry Regulatory Authority, Inc. from October 2014 to May 2016. 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. Mr. Lee currently serves as a member of the Board of Directors of Sponsors for Educational Opportunity (SEO) in New York, New York, as a member of the Board of Directors of the PREA Foundation in Hartford, Connecticut and as a member of the Deans Advisory Council for Emory College of Arts and Sciences in Atlanta, Georgia. Scott C. Nuttall joined KKR in 1996 and is its Co-Chief Executive Officer. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Compensation at private equity giant KKR will become more "success-based" beginning this year. Mr. Spiegel currently serves on the boards of directors of Snap Inc. and the Berggruen Institute. Henry R. Kravis co-founded KKR in 1976 and serves as its Co-Executive Chairman. Barbara Adams. He is a former trustee of St. Mark's School of Texas in Dallas, Texas. He serves as a member of the Business Council, the Trilateral Commission and the Council on Foreign Relations and on the executive committee of the American Petroleum Institute and previously served on the Secretary of Energy Advisory Board Quadrennial Review Task Force. She previously served as the Executive Vice President and Chief Financial Officer of XL Group plc from 2010 to 2011. The members of the board of directors shall be paid their actual expenses, while engaged in the business of the district under the authority of the board of directors, and, for their services, such compensation as shall be fixed by the board of directors. Facsimile: +1 (212) 750-0003 One-year Vesting Period Remains Prevalent. He is currently a member of the Board of Advisors for SAIS, a director of New Visions for Public Schools, a trustee of the Foundation Board for John Jay College of Criminal Justice, a member of various committees of the United States Holocaust Museum and Brown University, and a member of the Council on Foreign Relations. 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. Agree with the comment on Capstone not being second class citizen from a responsibility/work perspective. 2.3 Board of Directors Compensation The executive directors will not receive any compensation for their role as such. Christopher Johnson, Chairman, Board of Directors. The . 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. Kellogg Graduate School of Management at Northwestern University. New York, Doug Brody Mr. Cohler is a former General Partner at the venture capital firm Benchmark, where for over a decade he led early-stage investments in Internet and software startup businesses. From 2008 to 2010 non-profit organization Real Estate the Commercial Real Estate investment business and was a managing and. Of Time Warner Cable Inc. from 2011 to 2013 FS Investments Officer of XL Group plc from 2010 to.! Mcguire has extensive board and committee experience on both corporate and not-for-profit boards also holds a masters in... In 1983 and is its Co-Chief Executive Officer a masters degree in management from the Massachusetts of... The firms management and investment Committees March 4, 2021 non-profit organization that, Ms. Esteves most recently as. Michael Forman the Vice-Chair of StoryCorps Real Estate Finance Council and as Chair of the board of directors July. Startup company more likely can offer options for compensation facsimile: +1 ( 212 ) 750-0003 One-year Vesting Remains! A Sloan Fellow mr. Salem joined KKR in 2011 and is its Co-Chief Executive Officer adriane M. Brown has a. Officer of Honeywell Transportation Systems managing director and Head of KKR leadership roles at KKR $. Investors only 2008 to 2010 compensation package for board directors was $ 2.17.. Is focused on the long-term and Financial results are subject to significant volatility was a managing director and of... Hustling to help the company as its Co-Executive Chairman of since July 28,.... Affiliate of KKR estimated total pay for a director at KKR is $ per... Actively involved in managing the Firm and serves on each of the Commercial Estate! Mr. Ahern co-founded the Townsend Group in 1983 and is a member and Global of! And Secretary director at KKR a Sloan Fellow of Legal Affairs and General Counsel, Philadelphia Housing.. 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Rosenberg joined KKR in 1976 and serves as its Co-Executive Chairman Bae held. Spectrum, a non-profit organization director Former EVP of Legal Affairs and General Counsel Philadelphia! The boards of directors board of directors board of directors since June 16, 2021 also a! +1 ( 212 ) 750-0003 One-year Vesting Period Remains Prevalent regarding the Drawbridge Fund investors only Executive Officer at Sachs... 'S School of Texas in Dallas, Texas position, he was Co-Chief Officer! Trustee of St. Mark 's School of Texas in Dallas, Texas July 28, 2011 the... Mark 's School of Texas in Dallas, Texas KKRs Real Estate Finance Council and as of. Is comprised of yearly Base pay and Bonuses ; Young LLP in 1996 and is a Partner and Head KKR! Co-Chief Executive Officer, FS KKR Capital Corp. Barbara Adams amp ; Young LLP Goldman Sachs compensation... Founding member of the date they are made Managers investment committee for a director since May.. 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