People: Gramercy Capital Corp. (GKK)
GKK on New York Consolidated
3.07USD
9 Feb 2010
3.07USD
9 Feb 2010
Price Change (% chg)
$-0.01 (-0.32%)
$-0.01 (-0.32%)
Prev Close
$3.08
$3.08
Open
$3.16
$3.16
Day's High
$3.16
$3.16
Day's Low
$3.03
$3.03
Volume
363,172
363,172
Avg. Vol
336,906
336,906
52-wk High
$4.61
$4.61
52-wk Low
$0.41
$0.41
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Cozzi, Roger | 38 | 2009 | Chief Executive Officer, Director |
| O'Connor, Timothy | 53 | 2008 | President |
| Clark, Jon | 2009 | Chief Financial Officer, Chief Accounting Officer, Treasurer | |
| Foley, Robert | 48 | 2008 | Chief Operating Officer, Secretary |
| Kelter, Jeffrey | 54 | 2004 | Director |
| Baum, Allan | 53 | 2004 | Director |
| Konigsberg, Paul | 73 | 2004 | Director |
| Laven, Charles | 57 | 2004 | Director |
Biographies
| Name | Description |
|---|---|
| Cozzi, Roger | Mr. Roger Cozzi has been appointed as Chief Executive Officer, Director of Gramercy Capital Corp. effective June 18, 2009. He has served as Chief Executive Officer of Gramercy Capital Corp., since October 2008. Mr. Cozzi has also been the Chief Executive Officer of former external manager, GKK Manager LLC, or the Manager, since October 2008. Prior to assuming this position, since March 2008, Mr. Cozzi worked as a consultant. From March 2007 to February 2008, Mr. Cozzi was a Managing Director of Fortress Investment Group, LLC, a hedge fund. Prior to working at Fortress Investment Group, Mr. Cozzi had served as Executive Vice President-Investments and Chief Investment Officer of iStar Financial, Inc., a publicly traded real estate investment trust focused on the financing of commercial real estate. At iStar Financial, Mr. Cozzi served as Chief Investment Officer from January 2006 to February 2007, Executive Vice President-Investments from January 2002 through February 2007 and as a Senior Vice President-Investments from 1998 to January 2002. While at iStar Financial, Mr. Cozzi was responsible for the origination of structured financing transactions, and he has successfully closed over $3 billion of first mortgage, mezzanine and corporate finance investments. From 1995 to 1998, Mr. Cozzi was an investment officer of Starwood Mezzanine Investors, L.P. and Starwood Opportunity Fund IV, two private investment funds that specialized in structured real estate finance and opportunistic equity investments. Prior to joining Starwood, Mr. Cozzi spent three years at Goldman, Sachs & Co. While at Goldman Sachs, Mr. Cozzi transferred into the investment management group, where he worked on several merger transactions, created a conduit to lend directly to mutual funds and helped create a vehicle to securitize 12b-1 financing fees. Mr. Cozzi earned a Bachelor of Science in Economics from The Wharton School of the University of Pennsylvania in 1992. |
| O'Connor, Timothy | Mr. O'Connor is the President of Gramercy Capital Corp., since November 13, 2008. Mr. O'Connor has also been the President of the Manager since November 2008. Prior to assuming this position, since June 2008, Mr. O'Connor worked as a consultant. Previously, Mr. O'Connor had served as Chief Operating Officer of iStar Financial Inc., a publicly traded real estate investment trust focused on the financing of commercial real estate. Mr. O'Connor served as Chief Operating Officer from March 1998 to June 2008. While at iStar Financial, Mr. O'Connor was responsible for developing and managing iStar Financial's risk management and due diligence operations, participating in the evaluation and approval of new investments, coordinating iStar Financial's information systems and managing the post-acquisition integration of several corporate acquisitions. Previously, Mr. O'Connor was a Vice President of Morgan Stanley & Co. responsible for the performance of over $2 billion of assets acquired by the Morgan Stanley Real Estate Funds. Prior to joining Morgan Stanley, Mr. O'Connor was a Vice President of Greystone Realty Corporation. Previously, Mr. O'Connor was employed by Exxon Co. USA in its real estate and engineering group. Mr. O'Connor earned a B.S. in Engineering from the United States Military Academy at West Point in 1979 and an M.B.A. from the Wharton School of the University of Pennsylvania in 1989. |
| Clark, Jon | Mr. Clark is Chief Financial Officer, Chief Accounting Officer, Treasurer of Gramercy Capital Corp. Prior to his election as Chief Accounting Officer, Mr. Clark served in a role as Vice President and Controller. Mr. Clark was previously employed by SL Green Realty Corp. or the Manager until April 24, 2009. Prior to joining SL Green Realty Corp. in 2007, Mr. Clark was a Director at BlackRock Financial Management where he managed the accounting and finance department for real estate debt products. He also served as Anthracite Capital Inc.'s Assistant Treasurer during that time. He joined Blackrock Financial Management in 2000. Prior to joining BlackRock Financial Management, Mr. Clark was a Vice President at Cornerstone Properties, Inc. (acquired by Equity Office Properties in 2000) where he established its internal audit department. Mr. Clark is a certified public accountant and obtained his public accountancy experience as a manager in the national real estate practices of Arthur Andersen LLP and BDO Seidman LLP. Mr. Clark holds a B.B.A. degree in Accountancy from Western Michigan University. |
| Foley, Robert | Mr. Foley is Chief Operating Officer and Secretary of Gramercy Capital Corp. Prior to assuming this position, Mr. Foley had served as Chief Financial Officer since August 2004. Mr. Foley has also been a Managing Director of the Manager since August 2004. From May 2004 until August 2004, he worked as an independent consultant advising SL Green Realty Corp. on the development of our business plan. Before working with SL Green Realty Corp., Mr. Foley was a Vice President in the Special Situations Group of Goldman, Sachs & Co., or Goldman, where from 2000 until 2004, he directed that firm's principal investment activities in commercial real estate B notes, mezzanine loans, preferred equity and distressed debt. From 1997 to 2000, Mr. Foley was responsible at Goldman for the structuring, capital commitment, pricing and distribution of mezzanine debt, non-securitized commercial mortgage loans and loans to real estate investment trusts and real estate operating companies. From 1988 until 1997, Mr. Foley held a range of senior capital markets, principal investing and client relationship management roles with Bankers Trust Company and BT Securities Corporation (now Deutsche Bank) in New York and Los Angeles. From 1981 to 1986, Mr. Foley was an accountant and consultant in the San Francisco office of Touche, Ross & Co. (now Deloitte & Touche), an international independent public accounting firm. Mr. Foley earned B.A. degrees in Economics and Political Science from Stanford University in 1981, and an M.B.A. from The Wharton School of the University of Pennsylvania in 1988. Mr. Foley is a Certified Public Accountant. |
| Kelter, Jeffrey | Mr. Kelter is Director of Gramercy Capital Corp., since August 2004. From 1997 to 2004, Mr. Kelter was President and Chief Executive Officer and a trustee of Keystone Property Trust, an industrial REIT. Keystone merged during the third quarter of 2004 with and into a joint venture between ProLogis and affiliates of investment companies managed by Eaton Vance Management. Mr. Kelter had been President and a trustee of Keystone from its formation in December 1997 and was appointed Chief Executive Officer in December 1998. He has over 20 years of experience in all phases of commercial real estate including development and third-party management. Prior to forming Keystone, he served as President and Chief Executive Officer of Penn Square Properties, Inc. in Philadelphia, Pennsylvania, a real estate company which he founded in 1982. At Penn Square, he developed, owned, managed and leased more than 4.5 million square feet of office and warehouse projects throughout the Pennsylvania and New Jersey markets. Mr. Kelter received a B.A. from Trinity College. |
| Baum, Allan | Mr. Baum is Director of Gramercy Capital Corp., since August 2004. Mr. Baum Mr. Baum retired from Credit Suisse First Boston, or CSFB, in 2002, where he was a Managing Director and head of the structured finance unit for commercial mortgage-backed securities. Prior to his ten years with CSFB, Mr. Baum served as a Vice President in the Real Estate Investment Bank of Citicorp, and held positions in the tax-exempt housing finance and taxable mortgage finance areas of Merrill Lynch. Mr. Baum also currently serves as a director of Community Development Trust, a for-profit, mission-oriented REIT. He previously served as Vice President of the Commercial Mortgage Securities Association. Mr. Baum received a B.A. degree in Government/Urban Studies from Dartmouth College in 1978 and an M.B.A. in Finance from Columbia University Graduate School of Business in 1983. |
| Konigsberg, Paul | Mr. Konigsberg is Director of Gramercy Capital Corp., since August 2004. Mr. Konigsberg is a senior partner and President of Konigsberg Wolf and Co. PC, a New York-based accounting firm, and has held these positions for 20 years. Mr. Konigsberg is also on Board of Directors and is chairman of the Audit Committee of National Medical Health Card, a NASDAQ-listed company. Previously, Mr. Konigsberg served on the Boards of Directors of two NYSE-listed companies, Savin Business Machines and Ipco Hospital Supplies. Mr. Konigsberg is the former treasurer and former board member of the UJA Federation of New York and a member of the Board of Overseers and on the finance committee of the Albert Einstein College of Medicine. Mr. Konigsberg is a member of the New York State Society of CPAs and The American Institute of Certified Public Accountants. Mr. Konigsberg received a B.A. degree in Business Administration from New York University in 1958, a L.L.B. from Brooklyn Law School in 1961 and an L.L.M. in taxation from the New York University Law School in 1965. |
| Laven, Charles | Mr. Laven is Director of Gramercy Capital Corp., since August 2004. Mr. Laven is President of Forsyth Street Advisors LLC, a New York based company specializing in real estate finance, municipal bonds and housing. From 1991 to 2003, Mr. Laven was a partner of Hamilton, Rabinovitz, & Alschuler, Inc., or HR&A, a financial, policy and management consulting firm focusing on complex housing finance, real estate, economic development and strategic planning problems. Prior to his 12 years with HR&A, Mr. Laven served as principal of Caine Gressel Midgley Slater Incorporated and, from 1981 to 1982, served as principal of Charles Laven and Associates. Mr. Laven also currently serves as chairman of the Urban Homesteading Assistance Board. Mr. Laven holds a B.S. degree in Architectural Design from the Massachusetts Institute of Technology. In 1981, Mr. Laven was a Loeb Fellow in Advanced Environmental Affairs at the Harvard University School of Design. Mr. Laven is an Adjunct Professor of Real Estate at Columbia University's Graduate School of Architecture Planning and Preservation and has been a member of the faculty of Columbia University since 1981. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Cozzi, Roger | 27,398 |
| O'Connor, Timothy | 11,787 |
| Clark, Jon | -- |
| Foley, Robert | 821,965 |
| Kelter, Jeffrey | -- |
| Baum, Allan | -- |
| Konigsberg, Paul | -- |
| Laven, Charles | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Cozzi, Roger | 0 | 0 |
| O'Connor, Timothy | 0 | 0 |
| Clark, Jon | 0 | 0 |
| Foley, Robert | 165,000 | 1,172,950 |
| Kelter, Jeffrey | 0 | 0 |
| Baum, Allan | 0 | 0 |
| Konigsberg, Paul | 0 | 0 |
| Laven, Charles | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| HOLLIDAY MARC | 7,292 | $0.00 |
| HOLLIDAY MARC | 15,490 | $0.00 |
| GREEN STEPHEN L | 32,428 | $0.00 |
| HOLLIDAY MARC | 32,428 | $0.00 |
| SL GREEN REALTY CORP | 1,900,000 | $0.00 |
| KONIGSBERG PAUL J | 4,000 | $1.07 |
| O CONNOR TIMOTHY J | 130,000 | $0.00 |
| COZZI ROGER M | 260,000 | $0.00 |
| ROCHE JOHN | 40,000 | $0.00 |
| ROCHE JOHN | 60,000 | $0.00 |
| FOLEY ROBERT R | 13,171 | $0.00 |
| SL GREEN REALTY CORP | 150,000 | $0.00 |
| SL GREEN REALTY CORP | 644,787 | $0.00 |
| MORGAN STANLEY | 511,356 | $0.00 |





