People: NorthStar Realty Finance Corp (NRF.N)
NRF.N on New York Stock Exchange
9.78USD
1 Aug 2013
9.78USD
1 Aug 2013
Price Change (% chg)
$-0.02 (-0.20%)
$-0.02 (-0.20%)
Prev Close
$9.80
$9.80
Open
$9.90
$9.90
Day's High
$9.94
$9.94
Day's Low
$9.71
$9.71
Volume
557,966
557,966
Avg. Vol
776,330
776,330
52-wk High
$10.30
$10.30
52-wk Low
$5.35
$5.35
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
David Hamamoto |
52 | 2011 | Chairman of the Board, Chief Executive Officer |
Albert Tylis |
38 | 2013 | President, Secretary |
Debra Hess |
48 | 2011 | Chief Financial Officer |
Daniel Gilbert |
43 | 2013 | Chief Investment and Operating Officer |
Ronald Lieberman |
42 | 2012 | Executive Vice President, General Counsel, Assistant Secretary |
Wesley Minami |
55 | 2010 | Lead Independent Non-Management Director |
C. Preston Butcher |
74 | 2004 | Director |
Stephen Cummings |
56 | 2009 | Independent Director |
Judith Hannaway |
60 | 2004 | Independent Director |
Oscar Junquera |
59 | 2011 | Independent Director |
Louis Paglia |
54 | 2010 | Independent Director |
Sridhar Sambamurthy |
50 | 2011 | Independent Director |
Joseph Calabrese |
Financial Relations Board |
Biographies
| Name | Description |
|---|---|
David Hamamoto |
Mr. David T. Hamamoto is Chairman of the Board, Chief Executive Officer of NorthStar Realty Finance Corp. Mr. Hamamoto has been Chairman since October 2007. Mr. Hamamoto also serves are Chief Executive Officer since October 2004 and served as President from October 2004 to April 2011. Mr. Hamamoto has also served as Chairman and Chief Executive Officer of NorthStar Real Estate Income Trust, Inc., or NorthStar Income, the first public, non-traded real estate investment trust, or REIT, sponsored by the Company since February 2009. In July 1997, Mr. Hamamoto co-founded NorthStar Capital Investment Corp., the predecessor to the Company, for which he served as Co-Chief Executive Officer until October 2004. From July 1983 to July 1997, Mr. Hamamoto worked for Goldman, Sachs & Co. where he was co-head of the Real Estate Principal Investment Area and general partner of the firm between February 1994 and June 1997. During Mr. Hamamoto's tenure at Goldman, Sachs & Co., he initiated the firm's effort to build a real estate principal investment business under the auspices of the Whitehall Funds. Mr. Hamamoto currently serves as Executive Chairman of the Board of Directors of Morgans Hotel Group Co., a public global hotel management and ownership company focused on the boutique sector. Mr. Hamamoto holds a Bachelor of Science from Stanford University in Palo Alto, California and a Master of Business Administration from the Wharton School of Business at the University of Pennsylvania in Philadelphia, Pennsylvania. |
Albert Tylis |
Mr. Albert Tylis is President, Secretary of NorthStar Realty Finance Corp. Mr. Tylis has been Co-President since April 2011, Chief Operating Officer since January 2010, Secretary and an Executive Vice President since April 2006 and as General Counsel from April 2006 to April 2011. Mr. Tylis has served as Chief Operating Officer of NorthStar Income since October 2010 and served as General Counsel and Secretary of NorthStar Income from October 2010 until April 2011. He has served as Chairman of the board of directors of NorthStar Healthcare since April 2011 and served as General Counsel and Secretary of NorthStar Healthcare from October 2010 until April 2011. Prior to joining the Company in August 2005, Mr. Tylis was the Director of Corporate Finance and General Counsel of ASA Institute and from September 1999 through February 2005, Mr. Tylis was a senior attorney at the law firm of Bryan Cave LLP, where he was a member of the Corporate Finance and Securities Group, the Transactions Group, the Banking, Business and Public Finance Group and supported the firm's Real Estate Group. Mr. Tylis holds a Bachelor of Science from the University of Massachusetts at Amherst and a Juris Doctor from Suffolk University Law School. |
Debra Hess |
Ms. Debra A. Hess has been appointed as Chief Financial Officer of NorthStar Realty Finance Corp., effective July 1, 2011. Ms. Hess has also served as Chief Financial Officer and Treasurer of NorthStar Income since October 2011 and as Chief Financial Officer and Treasurer of NorthStar Healthcare since February 2012. Ms. Hess has financial, accounting and compliance experience at public companies. Ms. Hess most recently served as Chief Financial Officer and Chief Compliance Officer of H/2 Capital Partners, where she was employed from August 2008 to June 2011. From March 2003 to July 2008, Ms. Hess was a managing director at Fortress Investment Group, where she also served as Chief Financial Officer of Newcastle Investment Corp., a Fortress portfolio company and a NYSE-listed alternative investment manager. From 1993 to 2003, Ms. Hess served in various positions at Goldman, Sachs & Co., including as Vice President in Goldman Sachs's Principal Finance Group and as a Manager of Financial Reporting in Goldman Sachs' Finance Division. Prior to 1993, Ms. Hess was employed by Chemical Banking Corporation in the corporate credit policy group and by Arthur Andersen & Company as a supervisory senior auditor. Ms. Hess holds a Bachelor of Science in Accounting from the University of Connecticut in Storrs, Connecticut and a Master of Business Administration in Finance from New York University in New York, New York. |
Daniel Gilbert |
Mr. Daniel R. Gilbert is Chief Investment and Operating Officer of NorthStar Realty Finance Corp. Mr. Gilbert has served as Co-President since April 2011, Chief Investment Officer since January 2009 and as an Executive Vice President since initial public offering in October 2004. Mr. Gilbert has served as President of NorthStar Income since March 2011 and has served as Chief Investment Officer of NorthStar Income since February 2009. In addition, Mr. Gilbert has served as Chief Executive Officer of NorthStar Healthcare Income Trust, Inc., or NorthStar Healthcare, since April 2011 and served as NorthStar Healthcare's Chief Investment Officer from October 2010 until March 2012. From July 2004 until October 2004, Mr. Gilbert served as an Executive Vice President and Managing Director of Mezzanine Lending of NorthStar Capital Investment Corporation, the predecessor company to the Company, which included responsibility for the oversight of NorthStar Funding, LLC, a joint venture with a single institutional investor organized for the purpose of making investments in real estate-related mezzanine debt. From September 1994 to June 2004, Mr. Gilbert held a number of positions with Merrill Lynch & Co., in its Global Principal Investments and Commercial Real Estate Department where he was responsible for making principal investments in real estate opportunity funds, mortgage loans, subordinated notes, mezzanine loans, preferred equity, distressed debt and related commercial mortgage-backed securities, or CMBS. Prior to joining Merrill Lynch, he held accounting and legal-related positions at Prudential Securities Incorporated between October 1991 and June 1994. Mr. Gilbert holds a Bachelor of Arts from Union College in Schenectady, New York. |
Ronald Lieberman |
Mr. Ronald J. Lieberman is Executive Vice President, General Counsel and Assistant Secretary of NorthStar Realty Finance Corp. Mr. Lieberman has been General Counsel and Assistant Secretary since April 2011 and Executive Vice President since April 2012. Mr. Lieberman has also served as General Counsel and Secretary of NorthStar Income and NorthStar Healthcare since October 2011 and April 2011, respectively. Prior to joining NorthStar, Mr. Lieberman was a partner in the Real Estate Capital Markets practice at the law firm of Hunton & Williams LLP. Mr. Lieberman practiced at Hunton & Williams from September 2000 until March 2011 where he advised numerous REITs, including mortgage REITs and specialized in capital markets transactions, mergers and acquisitions, securities law compliance, corporate governance and other board advisory matters. Prior to joining Hunton & Williams, Mr. Lieberman was the associate general counsel at Entrade, Inc., during which time Entrade was a public company listed on the NYSE. Mr. Lieberman began his legal career at Skadden, Arps, Slate, Meagher and Flom LLP. Mr. Lieberman holds a Bachelor of Arts, Master of Business Administration and Juris Doctor, each from the University of Michigan in Ann Arbor, Michigan. |
Wesley Minami |
Mr. Wesley D. Minami is Lead Independent Non-Management Director of NorthStar Realty Finance Corp. Mr. Minami has been one of the directors since September 2004. Mr. Minami served as President of Billy Casper Golf LLC from 2003 until March 2012, at which time he ceased acting as President and began serving as Principal. From 2001 to 2002, he served as President of Charles E. Smith Residential Realty, Inc., a REIT that was listed on the NYSE. In this capacity, Mr. Minami was responsible for the development, construction, acquisition and property management of over 22,000 high-rise apartments in five U.S. markets. He resigned from this position after completing the transition and integration of Charles E. Smith Residential Realty, Inc. from an independent public company to a division of Archstone-Smith, an apartment company listed on the NYSE. From 1997 to 2001, Mr. Minami worked as Chief Financial Officer and then Chief Operating Officer of Charles E. Smith Residential Realty, Inc. Prior to 1997, Mr. Minami served in various financial service capacities for numerous entities, including Ascent Entertainment Group, Comsat Corporation, Oxford Realty Services Corporation and Satellite Business Systems. Mr. Minami holds a Bachelor of Arts in Economics, with honors, from Grinnell College and a Master of Business Administration in Finance from the University of Chicago. |
C. Preston Butcher |
Mr. C. Preston Butcher is Director of NorthStar Realty Finance Corp., since September 2004. Since 1998, he has been Chairman and Chief Executive Officer of Legacy Partners (formerly known as Lincoln Property Company N.C., Inc.), a real estate and development and management firm, in Foster City, California. Legacy Partners develops and manages income property in the western United States. From 1967 to 1998, Mr. Butcher served as President, Chief Executive Officer and Regional Partner of Lincoln Property Company N.C., Inc. Mr. Butcher co-founded, formerly served as Chairman of the Board of Directors and presently serves on the Executive Committee of the National Multi-Housing Council, a national trade association whose members are the apartment owners and managers throughout the United States. He also co-founded and currently serves as a Director of the California Housing Council. He is a Director of the Charles Schwab Corp., a securities brokerage and related financial services firm and Chairman of the Board and Chief Executive Officer and director of KBS Legacy Partners Apartment REIT, Inc., a real estate investment trust, since August 2009. He holds a Bachelor of Science in Electrical Engineering from the University of Texas at Austin. |
Stephen Cummings |
Mr. Stephen E. Cummings is Independent Director of NorthStar Realty Finance Corp., since December 2009. Mr. Cummings currently serves as a Managing Director and Chairman of Americas Investment Banking for UBS Investment Bank, a position he started in April 2011. From 2004 to 2008, Mr. Cummings was Senior Executive Vice President, Head of Corporate and Investment Banking and a member of Wachovia Corporation's Operating Committee. From 1998 to 2004, Mr. Cummings served in a number of different leadership roles at Wachovia (and First Union Corporation, a predecessor to Wachovia), including their Mergers and Acquisitions, Investment Banking and Capital Markets Divisions. Before joining Wachovia, Mr. Cummings served as Chairman and Chief Executive Officer of Bowles Hollowell Conner & Co. from 1993 to 1998. Mr. Cummings began his investment banking career in 1979 in the Corporate Finance Division of Kidder, Peabody & Co. Incorporated in New York and joined Bowles Hollowell Conner & Co. in 1984. Mr. Cummings has a B.A. in administrative science from Colby College and a M.B.A. from Columbia University Graduate School of Business. |
Judith Hannaway |
Ms. Judith A. Hannaway is Independent Director of NorthStar Realty Finance Corp., since September 2004. Currently, and during the past five years, Ms. Hannaway has acted as a consultant to various financial institutions. Prior to acting as a consultant, Ms. Hannaway was previously employed by Scudder Investments, a wholly-owned subsidiary of Deutsche Bank Asset Management, as a Managing Director. Ms. Hannaway joined Scudder Investments in 1994 and was responsible for Special Product Development including closed-end funds, off shore funds and REIT funds. Prior to joining Scudder Investments, Ms. Hannaway was employed by Kidder Peabody as a Senior Vice President in Alternative Investment Product Development. She joined Kidder Peabody in 1980 as a Real-Estate Product Manager. Ms. Hannaway holds a Bachelor of Arts from Newton College of the Sacred Heart and a Master of Business Administration from Simmons College Graduate Program in Management. |
Oscar Junquera |
Mr. Oscar Junquera is Independent Director of NorthStar Realty Finance Corp., since April 2011. Mr. Junquera is the founder of PanMar Capital llc, a private equity firm specializing in the financial services industry and has been their Managing Partner since its formation in January 2008. Mr. Junquera worked on matters related to the formation of PanMar Capital llc from July 2007 until December 2008. From 1980 until June 2007, Mr. Junquera was at PaineWebber, which was sold to UBS AG in 2000. He began at PaineWebber in the Investment Banking Division and was appointed Managing Director in 1988, Group Head—Financial Institutions in 1990 and a member of the Investment Banking Executive Committee in 1995. Following the sale of PaineWebber to UBS in 2000, Mr. Junquera was appointed Global Head of Asset Management Investment Banking at UBS and was responsible for establishing and building the bank's franchise with mutual fund, institutional, high net worth and alternative asset management firms, as well as banks, insurance and financial services companies active in asset management. Mr. Junquera is on the Board of Trustees of the Long Island Chapter of the Nature Conservancy and is a supporter of various other charitable organizations. He holds a Bachelor of Science from the University of Pennsylvania's Wharton School and a Master of Business Administration from Harvard Business School. |
Louis Paglia |
Mr. Louis J. Paglia is Independent Director of NorthStar Realty Finance Corp., since February 2006. From April 2002 to March 2006, Mr. Paglia was the Executive Vice President of UIL Holdings Corporation, an electric utility, contracting and energy infrastructure company. Mr. Paglia was also President of UIL Holdings' investment subsidiaries. From July 2002 through April 2005, Mr. Paglia also served as UIL Holdings' Chief Financial Officer. From 1999 to 2001, Mr. Paglia was Executive Vice President and Chief Financial Officer of eCredit.com, a credit evaluation software company. Prior to 1999, Mr. Paglia served as the Chief Financial Officer for TIG Holdings Inc. and Emisphere Technologies, Inc. Mr. Paglia received a Bachelor of Science from Massachusetts Institute of Technology and a Master of Business Administration from the Wharton School of Business at the University of Pennsylvania. |
Sridhar Sambamurthy |
Mr. Sridhar Sambamurthy is Independent Director of NorthStar Realty Finance Corp., since April 2011. Mr. Sambamurthy is currently Managing Principal and Co-Founder of West Point Partners LLC, a real estate investment and advisory firm based in New York and has been acting in that capacity since April 2009. From April 2005 until December 2008, Mr. Sambamurthy was a Managing Director and member of the Investment Committee at Starwood Capital Group. While at Starwood Capital Group, Mr. Sambamurthy was responsible for corporate, entity level and platform investments in real estate, lodging, leisure, gaming and alternative sectors. Mr. Sambamurthy was also involved with various restructurings and debt transactions. Prior to joining Starwood Capital Group, from February 2002 until March 2005, Mr. Sambamurthy was a Managing Director at Deutsche Bank where he was the head of the mergers and acquisitions and restructuring practice for the real estate lodging and leisure sectors for the Americas. Mr. Sambamurthy was also an Executive Director in the real estate investment banking group at Morgan Stanley where he served from 1994 until January 2002. Prior to joining Morgan Stanley, Mr. Sambamurthy held positions at Vornado Realty Trust, Ernst & Young and AF Ferguson & Co. Mr. Sambamurthy is a member of multiple civic organizations, including the Urban Land Institute, Council of Foreign Relations, U.S. India Business Council and New Jersey SEEDS. He is a certified public accountant and received a Bachelor of Finance from the University of Madras and a Master of Business Administration from New York University's Stern School of Business. |
Joseph Calabrese |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
David Hamamoto |
8,952,710 |
Albert Tylis |
6,012,420 |
Debra Hess |
1,027,500 |
Daniel Gilbert |
6,139,150 |
Ronald Lieberman |
-- |
Wesley Minami |
-- |
C. Preston Butcher |
-- |
Stephen Cummings |
-- |
Judith Hannaway |
-- |
Oscar Junquera |
-- |
Louis Paglia |
-- |
Sridhar Sambamurthy |
-- |
Joseph Calabrese |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
David Hamamoto |
0 | 0 |
Albert Tylis |
0 | 0 |
Debra Hess |
0 | 0 |
Daniel Gilbert |
0 | 0 |
Ronald Lieberman |
0 | 0 |
Wesley Minami |
0 | 0 |
C. Preston Butcher |
0 | 0 |
Stephen Cummings |
0 | 0 |
Judith Hannaway |
0 | 0 |
Oscar Junquera |
0 | 0 |
Louis Paglia |
0 | 0 |
Sridhar Sambamurthy |
0 | 0 |
Joseph Calabrese |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
JUNQUERA OSCAR J |
10,000 | $8.64 |
HANNAWAY JUDITH A |
33,000 | $9.71 |
BUTCHER C PRESTON |
20,000 | $9.85 |
GILBERT DANIEL R |
192,741 | $9.84 |
GILBERT DANIEL R |
452,426 | $0.00 |
GILBERT DANIEL R |
259,685 | $9.67 |
TYLIS ALBERT |
399,635 | $0.00 |
TYLIS ALBERT |
412,363 | $10.04 |
HAMAMOTO DAVID T |
84,772 | $0.00 |
HAMAMOTO DAVID T |
210,056 | $0.00 |
HAMAMOTO DAVID T |
67,591 | $0.00 |
HAMAMOTO DAVID T |
353,813 | $0.00 |
HAMAMOTO DAVID T |
12,681 | $0.00 |
BUTCHER C PRESTON |
20,000 | $5.52 |
BUTCHER C PRESTON |
6,400 | $5.03 |
BUTCHER C PRESTON |
13,600 | $5.05 |
MINAMI WESLEY D |
5,000 | $5.53 |
MINAMI WESLEY D |
4,800 | $5.52 |
MINAMI WESLEY D |
5,200 | $5.51 |
BUTCHER C PRESTON |
25,000 | $5.40 |
BUTCHER C PRESTON |
25,000 | $4.38 |
BUTCHER C PRESTON |
50,000 | $4.25 |
BUTCHER C PRESTON |
22,904 | $3.82 |
BUTCHER C PRESTON |
77,096 | $3.77 |
HESS DEBRA ANN |
5,000 | $2.99 |

