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    John ("Jack") A. Taylor

    President, CEO, and Director at Granite Point Mortgage Trust Inc
    Board
    Since 2017
    Age
    68 years
    Education
    Holds a J.D. from Yale Law School, an MSc in International Relations from the London School of Economics, and a B.A. from the University of Illinois.
    Tenure
    Joined as a Director in 2017 and currently serves as President, CEO, and Director, playing a pivotal role in steering the company's strategic direction.

    Also at Granite Point Mortgage Trust Inc

    BJ
    Blake Johnson
    Chief Financial Officer (CFO)
    EL
    Ethan Lebowitz
    Deputy COO (to become COO by May 2025)
    SA
    Stephen Alpart
    Chief Investment Officer (CIO)

    About

    John ("Jack") A. Taylor has built an extensive and distinguished career in real estate finance, having held leadership positions at renowned firms such as Pine River Capital Management, Prudential Real Estate Investors, and UBS. His expertise in navigating complex financial and strategic landscapes has been instrumental in driving the growth and operational excellence at Granite Point Mortgage Trust.

    In his role at Granite Point Mortgage Trust, he has leveraged decades of industry experience to manage business strategy, oversee investor relations, and shape the company’s funding profile. His leadership is characterized by a deep understanding of real estate finance fundamentals, asset-based lending, and the execution of strategic transactions.

    Beyond his contributions to the firm, his involvement extends to notable industry organizations and social causes. He has served in key roles with the Commercial Real Estate Finance Council, the President’s Council of the Real Estate Roundtable, and as Chairman of the Board of the Innocence Project, underscoring a commitment to both industry leadership and social justice.

    $GPMT Performance Under John ("Jack") A. Taylor

    Past Roles

    OrganizationRoleDate RangeDetails
    Pine River Capital Management Global Head of Commercial Real Estate 2014–2020 N/A
    Prudential Real Estate Investors (now PGIM Real Estate Company) Managing Director, Head of Global Real Estate Finance, Member of the Global Management Committee, and Chair of the Global Investment Committee for debt and equity 2009–2014 Managed corporate strategy, transactions, and capital raising in the real estate sector
    Five Mile Capital Partners Partner 2003–2007 N/A
    UBS Co-Head of Real Estate Investment Banking for the Americas and Europe N/A Focused on real estate investment banking
    PaineWebber Head of Real Estate Group and Member of the Operating Committee N/A Built and led real estate finance businesses
    Kidder, Peabody & Co. Head Trader and Manager of CMBS and Principal Commercial Mortgage Business N/A Specialized in commercial mortgage-backed securities and asset-based lending

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,000,000 AnnualFixed component for 2023

    Performance Compensation

    Data from  FY 2023

    Target AIP Award for 2023

    Metric (Component)Details
    Financial Metrics Weight50%
    Strategic Metrics Weight50%
    Target Amount$1,000,000
    Maximum Payout$2,000,000
    Payout Calculation78.7% of target, resulting in $786,923
    Actual Financial Metrics57.4% of target
    Actual Strategic Metrics100% of target
    Performance PeriodJanuary 1, 2023 to December 31, 2023
    Payout TimingEarly 2024

    Target PSU Award for 2023

    Metric/DetailValue/Detail
    Performance MetricsAbsolute "Run-Rate" ROAE, Relative "Run-Rate" ROAE, Absolute Change in Book Value per Share, Relative Change in Book Value per Share
    Weights25% for each metric
    Threshold (Absolute ROAE)Target value - 2% (25% of target earned)
    Target (Absolute ROAE)Target value (100% earned)
    Maximum (Absolute ROAE)Target value + 2% (200% earned)
    Threshold (Relative ROAE)25th percentile (25% earned)
    Target (Relative ROAE)50th percentile (100% earned)
    Maximum (Relative ROAE)75th percentile (200% earned)
    Threshold (Absolute Change in BVPS)Target value - 10.0% (25% earned)
    Target (Absolute Change in BVPS)Target value (100% earned)
    Maximum (Absolute Change in BVPS)Target value + 10.0% (200% earned)
    Threshold (Relative Change in BVPS)25th percentile (25% earned)
    Target (Relative Change in BVPS)50th percentile (100% earned)
    Maximum (Relative Change in BVPS)75th percentile (200% earned)
    Grant DateMarch 15, 2023
    Grant Date Fair Value$1,125,000
    Grant Date Stock Price$5.02 (weighted average for 2023 awards)
    Target PSU Units223,214 units
    Maximum PSU Units446,428 units
    Threshold PSU Units55,804 units
    Performance PeriodJanuary 1, 2023 to December 31, 2025
    Vesting and SettlementPSUs vest at the end of the performance period with settlement in early 2026, subject to continued employment
    Additional DetailsEarnout via linear interpolation between thresholds and targets; dividend equivalent rights accrue during the performance period

    RSU Award Granted in 2023

    • Grant Date: March 15, 2023
    • Grant Date Fair Value: $1,125,000
    • Vesting Schedule: 33% on March 15, 2024; 33% on March 15, 2025; 34% on March 15, 2026
    • Note: RSU Award is time-based with no specific performance metrics