John ("Jack") A. Taylor

President, CEO, and Director at Granite Point Mortgage Trust

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

Blake Johnson

Chief Financial Officer (CFO)

Ethan Lebowitz

Deputy COO (to become COO by May 2025)

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

Organization	Role	Date Range	Details
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 Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,000,000	Annual	Fixed component for 2023

Performance Compensation

Data from FY 2023

Target AIP Award for 2023

Metric (Component)	Details
Financial Metrics Weight	50%
Strategic Metrics Weight	50%
Target Amount	$1,000,000
Maximum Payout	$2,000,000
Payout Calculation	78.7% of target, resulting in $786,923
Actual Financial Metrics	57.4% of target
Actual Strategic Metrics	100% of target
Performance Period	January 1, 2023 to December 31, 2023
Payout Timing	Early 2024

Target PSU Award for 2023

Metric/Detail	Value/Detail
Performance Metrics	Absolute "Run-Rate" ROAE, Relative "Run-Rate" ROAE, Absolute Change in Book Value per Share, Relative Change in Book Value per Share
Weights	25% 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 Date	March 15, 2023
Grant Date Fair Value	$1,125,000
Grant Date Stock Price	$5.02 (weighted average for 2023 awards)
Target PSU Units	223,214 units
Maximum PSU Units	446,428 units
Threshold PSU Units	55,804 units
Performance Period	January 1, 2023 to December 31, 2025
Vesting and Settlement	PSUs vest at the end of the performance period with settlement in early 2026, subject to continued employment
Additional Details	Earnout 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