Jason T. Serrano
Also at New York Mortgage Trust Inc
About
Jason T. Serrano is the Chief Executive Officer of New York Mortgage Trust, Inc., demonstrating a broad and rich career in the financial services industry. His tenure at the firm began with his role as President in January 2019, followed by his election to the Board of Directors in March 2019, and culminating in his promotion to CEO on January 1, 2022.
Prior to his leadership at NYMT, he held significant positions across several prominent financial institutions. He served as a Managing Director and later as a Partner at Oak Hill Advisors, where he managed the mortgage investment business, while also contributing to the success of The Blackstone Group, Fortress Investment Group, and Moody’s in senior roles.
His professional journey reflects a solid blend of strategic leadership and operational expertise, enhanced by his academic foundation. This background has enabled him to navigate complex financial challenges and drive growth at NYMT, positioning him as a seasoned industry leader.
$NYMT Performance Under Jason T. Serrano
Past Roles
Fixed Compensation
Performance Compensation
2023 Annual Incentive Plan Overview
Additional Details
- Evaluation Period: 2023.
- Vesting of Equity Awards: For example, Restricted Stock Units (RSUs) vest in three equal installments on January 1, 2024, January 1, 2025, and January 1, 2026.
- Grant Date: April 25, 2023, for the performance stock components.
- Performance Metrics Methodology: The quantitative awards are tied to financial measures with hurdle rates, while the qualitative awards are based on subjective performance metrics.
- No Payout for Quantitative Component: In 2023, no incentive compensation was earned under the quantitative performance component.