kkr board of directors compensation
media@kkr.com, Craig Larson Over the course of 10 years at Honeywell, she held leadership positions serving the aerospace and automotive markets globally. The Townsend Group is a provider of global investment management solutions focused on real estate, infrastructure, timber and agriculture. He began his career in 1996 at Midland Loan Services in Kansas City. 2023 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. Mr. Spiegel holds a bachelors degree in Engineering, Product Design from Stanford University. Most recently, Mr. McGuire served as Vice Chairman of Citigroup from 2018 to 2020. 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. 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. | January 1, 2023 A core component of this platform was investing in CRE securities and whole loans. Posted by May 25th, 2022 . KKR & Co. Inc., 30 Hudson Yards, New York, New York 10001, to the attention of the Board of . He was the Co-Founder and Co-Head of the Goldman Sachs Global Special Situations Group from 2004 to 2006. Mr. Hess earned a B.A. 3 min read. Board of Directors. Mr. Fisher was responsible for all business operations functions (finance, legal, IT, HR, risk, office operations, public affairs), as well as coordinating across KKR on strategy, risk management and control infrastructure. 2.3 Board of Directors Compensation The executive directors will not receive any compensation for their role as such. From August 2017 to April 2018, Ms. Madoff was employed as an Advisory Director at Goldman. Ms. Frank will not receive any other compensation for serving as a director of the Company, consistent with the Company's standard . 2 Not surprisingly, the most lucrative seats. ), Partner & Head of Co-investments and Partnerships, KKR Capital Markets. 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. She also oversaw Operations Services, which supports . 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 Mr. Ahern was a member of the National Council of Real Estate Investment Fiduciaries and is a former member of the board of directors of the Pension Real Estate Association. Filter By: Overall board compensation increased just 2 percent year over year. The page you're looking for cannot be found. 1,062 KKR closes acquisition of Clinisupplies and appoints Oliver Johansen to its Board by Ashish Nain January 18, 2023 KKR, a global investment firm, announced the closing of KKR's previously announced investment in Clinisupplies, a market leader in continence care products in the UK, from Healthium. He earned a B.A. Nicolas Bazire Marie-Vronique Belloeil-Melkin. 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. As part of the company's focus on health and wealth solutions, Lavallee oversaw all aspects of Voya's retirement offerings, including Tax-Exempt and Corporate Markets, which comprise the company's workplace and individual retirement businesses, including 401 (k), 403 (b) and 457 plans. 2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. 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. Compensation Committee Charter. He is also founder and Chairman of the board of directors of REDF, a San Francisco nonprofit organization. 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. 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. From 2013 to June 2021, she was the Chief Executive Officer of Ulta Beauty, and before then she served as President and Chief Executive Officer and member of the board of directors of United States Cellular Corporation, a provider of wireless telecommunication services, from 2010 to 2013. 0 For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. 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. Mr. Niel also owns majority stakes in telecom operators in various countries. In connection with Ms. Frank's appointment to the Board, KKR Acquisition Sponsor I LLC, the sponsor of the Company, assigned 25,000 shares of the Company's Class A common stock to Ms. Frank without consideration. A standard compensation package might consist of a $100K cash retainer, $1500-2500 fee per board meeting and a stock grant of $22.5K. At the other end of the spectrum, a startup company more likely can offer options for compensation. Investor Relations will forward all such correspondence to the member or members of the Board of Directors to whom such correspondence was addressed. 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. He has also served on the boards of various non-profit institutions with a particular focus on education, most recently as Co-Chairman of Teach for America New York. 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. Mr. Fisher previously chaired KKRs Management Committee and Risk Committee and served on KKRs Real Estate Investment and Portfolio Committees as well as the Global Conflicts Committee. The non-executive directors' compensation will be determined by the Board of Directors. Global Head of Benefits, Human Capital Mr. Compensation for board members can easily reach $300,000 to $500,000 a year, according to Veritas, an executive compensation consulting service. 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. KKR REAL ESTATE FIN TR INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Mr. Roberts has served as a director or trustee of several cultural and educational institutions, including Claremont McKenna College. The data comes partly from surveys conducted by Thelander in conjunction with PitchBook. 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 Welcome! He also serves as a director, chairman emeritus, or trustee of several other cultural, professional, and educational institutions, including The Business Council (former chairman), Claremont McKenna College, Columbia Business School (co-chairman), Mount Sinai Hospital, the Partnership for New York City (former chairman), the Partnership Fund for New York City (founder), Rockefeller University (vice chairman), Sponsors for Educational Opportunity (chairman), and the Tsinghua School of Economics and Management in China. FS KKR CAPITAL CORP. II COMPENSATION COMMITTEE CHARTER . 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. Barbara Adams. NEW YORK(BUSINESS WIRE) Mr. McGuire received his M.B.A. and J.D. 2nd Year Associate (192) $264. The Board supports the long-term growth of the Company, not only through oversight of the finances of the business, but also through the development of the resources and talent it needs to continue to deliver value for shareholders, clients and employees within a framework that prioritises responsible investing. Director Former Partner, Ernst & Young LLP. In May of this year, Pearl Meyer published the 2021 Banking Board of Directors Compensation and Governance Practices Survey . New York, Jennifer McGroarty Antonia Wrede Director, KKR Capstone London + Learn More Craig Lee Partner, Head of Insurance and Strategic Finance 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. The . 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. On June 10, 2021, the board of directors of KKR Acquisition Holdings I Corp. increased the size of the Board from four to five directors and appointed Meghan Frank as an independent director,. Todd Builione. 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. Box 54995 Riyadh 11524 Saudi Arabia Phone: +966 11 490-3767 Fax: +966 11 490-3768. During his tenure at Goldman Sachs, Mr. Langer served as a member of the board of directors of Icon Parking, Westin Hotels and Resorts, Kerzner International Resorts, Inc., Hilton Hotels & Resorts and Strategic Hotels & Resorts, Inc. (formerly NYSE: BEE). The compensation awarded to the BoD is within the maximum amount approved at the 2020 AGM of CHF 1.9 million. 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. Phone: 212-750-8300 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 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. Mr. Langer received a B.S. Henry R. Kravis co-founded KKR in 1976 and serves as its Co-Executive Chairman. KKR swooped in and offered the board $90 a share, touching off a bidding war. Before joining Goldman, Ms. Madoff worked in Mergers and Acquisitions at Wasserstein Perella & Co. and in Corporate and Real Estate Finance at Bankers Trust. David J. Sorkin joined KKR in 2007 and is our Chief Legal Officer. In 2010, Mr. Niel founded Kima Ventures SAS, which is an active early-stage investor. He received an M.B.A. from the Stanford Graduate School of Business. https://www.businesswire.com/news/home/20191205005676/en/. Certificate of Incorporation for KKR & Co. Inc. It manages investments across multiple asset classes including. For additional information about KKR & Co. Inc. (NYSE:KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. References to KKRs investments may include the activities of its sponsored funds. Formerly, Mr. McGuire served as a director of the Wyeth Corporation and as a member of the nominating and corporate governance committee. 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. He holds a Chartered Financial Analyst designation and received an undergraduate degree in Finance from the University of Massachusetts at Amherst. He was responsible for the firms CRE-related investing in securities, whole loans and real property and historically was also involved in the firms private lending efforts, performing and distressed credit investments, and asset-backed financings. DIRECTOR COMPENSATION AGREEMENT . 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. 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. Prior to joining KKR, Mr. Stork held multiple leadership roles at BlackRock for more than twenty years, including Deputy Chief Operating Officer, chairman of Asia Pacific, global head of Aladdin BlackRocks investment & risk management technology platform, head of the institutional client business in Continental Europe, and co-head of the financial institutions group. "Congratulations to our senior leaders for not only. New York, Franziska Kayser The Board of Directors is composed of 9 Directors and consists of: Ajay Banga Chairman John Elkann Chief Executive Officer Andrea Agnelli Non-Executive Director Melissa Bethell Non-Executive Director Marc Bolland Non-Executive Director Laurence Debroux Non-Executive Director Axel Dumas Non-Executive Director Ginevra Elkann Non-Executive Director Board of Directors. 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. 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. The . The board of directors are also responsible for setting company policy and overseeing the company's managers. In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. in Economics from the Wharton School at the University of Pennsylvania. 70-624.02. Chairman Chairman and Chief Executive Officer, FS Investments. Facsimile: +1 (212) 750-0003 from the University of Michigan School of Business and an M.B.A. from the J.L. Mary N. Dillon has been a member of the board of directors since September 6, 2018. Vice President (84) $363. Mr. Salem joined KKR in 2015, and is a Partner and Head of KKRs Real Estate Credit Group. Container board means corrugated paperboard used in the manufacture of shipping containers and related products. Johnson's team upped its bid to $92. Matthew A. Salem has served as a director since February 2022 and as Chief Executive Officer of our Company since March 2020 and of our Manager since January 2021, and is also a member of our Managers investment committee. Log into your account. Irene M. Esteves has served as a director since June 2018. Section 2. Prior to joining KKR, Mr. Fisher worked for Goldman Sachs in New York and for Drexel Burnham Lambert in Los Angeles. The average compensation package for board directors was $2.17 million. Board of Directors Policies and Compensation. Ms. Dillon formerly served as a member of the board of directors of Ulta Beauty, Inc., a beauty products retailer, for almost a decade. 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. [form_session_id] => 9KrdHZnog0b_CjlgKI-xWoXjAow-cpe6Gqs0ni1t9H4 Members of the BoD in CHF. He became a Partner and Managing Director in 1998. He also served on the board of Morgans Hotel Group (formerly Nasdaq: MHGC) and was chairman of its special transaction committee. in International Affairs and Latin American studies from Johns Hopkins University School of Advanced International Studies (SAIS) and an M.B.A. in Finance from the Wharton School at the University of Pennsylvania. 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. Mr. Fisher graduated from Brown University with a B.A. 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. Public company board of director positions can receive seven-digit compensation. Array In addition, BoD members who retired during 2020 were also fully paid in cash. Prior to joining BlackRock, Mr. Stork worked at PennCorp Financial Group a life insurance holding company, Conning Asset Management, and The Travelers Insurance Companies. Mr. Kravis currently serves on the boards of Axel Springer and ICONIQ Capital, LLC. ESG - Corporate Governance - Board of Directors, BrightView Contact Us NYSE: BV 10.79 -0.33 ( -2.97% ) 172,544 August 19, 2022 4:00 PM Pricing delayed by 20 minutes Board of Directors James R. Abrahamson James R. Abrahamson has been a member of the Board since August 2015. Jonathan A. Langer has served as a director since May 2017. 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. Sophie Chassat 1 Charles de Croisset 1. 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. Director Compensation Practices offers a comprehensive set of benchmarking data and analysis needed to inform the board pay design process. Christopher Johnson, Chairman, Board of Directors. Today we recognize these leaders for not only achieving new heights in their careers at KKR but for what they have done to get to this milestone. Mr. Holmes serves on several non-profit boards. A major theme of corporate governance is the separation of ownership and control. Board of directors; expenses; compensation; prohibitions; exceptions. 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. Kravis currently serves on the boards of Axel Springer and ICONIQ Capital, LLC. Media Managing Director, Private Equity %%EOF Ms. Esteves currently serves as a director of Spirit AeroSystems Holdings, Inc. (NYSE: SPR), where she is the Audit Committee Chair and is a member of the Risk Committee and the M&A Committee. He has served on the Board of Governors of the Commercial Real Estate Finance Council and as Chair of the B-Piece Buyer Forum. 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). . Before rejoining Lucent in 2002, Ms. Russo was president and chief operating officer of Eastman Kodak Company from March 2001 to December 2001. NEW YORK - (BUSINESS WIRE)- KKR today announced a newly promoted group of 13 Members and 26 Managing Directors, effective from January 1, 2020 . 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. The board of directors is a corporation's governing body. He is currently a member of the board of directors of Fiserv, Inc. The average Board Of Director salary in the United States is $69,652 as of December 27, 2022, but the salary range typically falls between $53,692 and $86,019. hb```iaB -j2 0HI/\A.TPQ[>`H+P $d` v?8 %Q Js[ Partner & Head of Co-investments and Partnerships, KKR Capital Markets Ryan D. Stork joined KKR in 2022 as Chief Operating Officer. 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 These stock options are generally equivalent in value to 20-25% of a director's annual retainer. KKR to support organic and inorganic growth to enhance . Drawbridge is an independently managed real estate investment vehicle. 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. ). [Current_Lang] => de He has been involved in the data communications, internet and telecommunications industry since the late 1980s. 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. 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. He also served as Executive Vice President of NorthStar Asset Management Group from August 2015 to March 2017, a position he maintained as a co-employee with NorthStar Realty Finance. Ms. Dillon serves as the President and CEO of Foot Locker and is a member of the board. Mr. Nuttall serves on KKRs Balance Sheet Committee and the firms Inclusion and Diversity Council. Ms. McAneny received a B.S. 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.
