kkr board of directors compensation

Global Head of Benefits, Human Capital Furthermore, it consists of a group of individuals elected by shareholders. 212-750-8300 He began his career in 1996 at Midland Loan Services in Kansas City. 2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. The non-executive directors' compensation will be determined by the Board of Directors. Mr. Fisher graduated from Brown University with a B.A. your password Board of Directors Policies and Compensation. 30 Hudson Yards He was the architect of the firms major strategic development initiatives, including leading KKRs public listing, developing the firms balance sheet strategy, overseeing the development of KKRs public markets businesses in the credit and hedge fund space as well as the creation of the firms capital markets, capital raising and insurance businesses. Prior to joining KKR, Mr. Sorkin was a partner with Simpson Thacher & Bartlett LLP. Christen E.J. Prior to 2004, Mr. Rosenberg was the Co-Chief Operating Officer of the Goldman Sachs Real Estate Principal Investment Area, which invests the Whitehall Street Real Estate Limited Partnerships. Ms. McAneny has also served as President of the CRE Finance Council, formerly known as the Commercial Mortgage Securities Association. When offering option-based compensation consider the following: Start-up company advisors should be hustling to help the company. 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. The . Corporate Governance Guidelines. He joined Citigroup in 2005, serving as Global Co-Head of Investment banking from 2005 to 2008, Global Head of Corporate and Investment Banking from 2008 to 2018 and as Vice Chairman from 2018 to 2020. Mr. Bae has held numerous leadership roles at KKR. 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. 2022 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. 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. Director, Legal Sep 23, 2020 1. She also holds a masters degree in management from the Massachusetts Institute of Technology where she was a Sloan Fellow. from the University of Michigan School of Business and an M.B.A. from the J.L. KKR Saudi Limited Faisaliah Tower, Floor 18 Olaya District P.O. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries. The Board of Directors (the "Board") of KBR, Inc. (the "Corporation") believes that the primary responsibility of the Directors of the Corporation is to provide effective governance over the Corporation's affairs for the benefit of its stockholders. Total Avg Compensation. 3 min read. Kathryn K. Sudol joined KKR in 2022 and is our General Counsel and Secretary. NEW YORK--(BUSINESS WIRE)--KKR today announced a newly promoted group of 18 Partners and 42 Managing Directors, effective January 1, 2022. He was a founding member of KKRs European private equity business and lived in London from 1999 to 2010. The compensation awarded to the BoD is within the maximum amount approved at the 2020 AGM of CHF 1.9 million. Ms. Brown previously served on the boards of directors of Allergan Plc and Raytheon Company until 2020. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Christopher Johnson, Chairman, Board of Directors. Mr. Scully has served as a director of Zoetis Inc. since June 2013, Chubb Limited since January 2016, and prior to its acquisition of Chubb Limited, a director of ACE Limited from May 2014 to January 2016. These stock options are generally equivalent in value to 20-25% of a director's annual retainer. Mr. Lee previously served as Co-Chief Executive Officer and Co-President of our Company from October 2015 through March 2020, and of our Manager from March 2016 through January 2021. media@kkr.com, Internet Explorer presents a security risk. KKR swooped in and offered the board $90 a share, touching off a bidding war. Sep 23, 2020 1 0. Director Former EVP of Legal Affairs and General Counsel, Philadelphia Housing Authority. That was followed by a nearly $5.8 million share offering. View source version on businesswire.com: https://www.businesswire.com/news/home/20191205005676/en/, Media: Lead Director. Dane E. Holmes has been a member of the board of directors since March 4, 2021. Further, KKR is under no obligation to provide the Drawbridge Fund with investment opportunities and in many cases will be prohibited from doing so by KKRs internal policies and procedures. John B. Hess has been a member of the board of directors since July 28, 2011. Prior to Eskalera, Mr. Holmes was the global head of Human Capital Management at Goldman Sachs from 2017 to 2019 and served as a member of the firms Management Committee. The 2019-2020 Director Compensation Report, produced in collaboration with Pearl Meyer, offers insights into compensation trends and changes based on data from 1,400 public companies in 24 industries. This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively KKR), including certain investment funds, vehicles and accounts that are managed by KKR (each, a fund). Mr. Lee earned his MBA from Harvard Business School and his Bachelors degree in Economics from Emory University. Company Board of Directors means the board of directors of the Company. Title. Antonia Wrede Director, KKR Capstone London + Learn More Craig Lee Partner, Head of Insurance and Strategic Finance 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 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. Ms. Esteves most recently served as the Chief Financial Officer of Time Warner Cable Inc. from 2011 to 2013. Mr. Bae serves on the firms Inclusion and Diversity Council. KKR has a long track record of supporting health care companies globally, having invested approximately $19 billion in the sector since 2004. Nicolas Bazire Marie-Vronique Belloeil-Melkin. KKR Capstone is not a subsidiary or affiliate of KKR. [Current_Lang] => de Managing Director salaries at The Blackstone Group can range from $230,210 - $384,712 per year. Mr. NEW YORK(BUSINESS WIRE) New York, Patricia Bandeira Vieira She earned a B.S., with honors, from Northwestern University and a J.D. Prior to his current position, he was Co-Chief Executive Officer until 2021. Sophie Chassat 1 Charles de Croisset 1. 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. Governance Documents. Ms. Russo served as chief executive officer of Alcatel-Lucent from 2006 to 2008. Cara Major 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). Mr. Scully previously served on the Board of Deans Advisors of Harvard Business School. He also served on the board of Morgans Hotel Group (formerly Nasdaq: MHGC) and was chairman of its special transaction committee. 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. Mr. Brian R. Ford. Prior to founding R6 Capital, Mr. Rosenberg spent seventeen years at Goldman Sachs. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. Director Director Former EVP of Legal Affairs and General Counsel, Philadelphia Housing Authority. This site uses cookies to provide you with a more responsive and personalized service. Ms. Madoff is a 2018 David Rockefeller Fellow, a Director of Hudson River Park Friends, a member of the Harvard Business School Alumni Board, and a member of the Harvard Kennedy School Women and Public Policy Womens Leadership Board. Prior to his current position, he was Co-Chief Executive Officer until 2021. Compensation at private equity giant KKR will become more "success-based" beginning this year. 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. Further, KKR is under no obligation to provide the Drawbridge Fund with investment opportunities and in many cases will be prohibited from doing so by KKRs internal policies and procedures. The survey reported that the average board of director compensation is $25,000 for a retainer. The board of directors (the " Board ") of FS KKR Capital Corp. II (the " Company ") has determined that the Compensation Committee of the Board (the " Committee ") shall assist the Board in fulfilling certain of the Board's oversight responsibilities. Most recently, Mr. McGuire served as Vice Chairman of Citigroup from 2018 to 2020. 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. Ms. Dillon serves as the President and CEO of Foot Locker and is a member of the board. from Harvard College and an M.B.A. from Harvard Business School. Mr. Langer received a B.S. 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. Container board means corrugated paperboard used in the manufacture of shipping containers and related products. in American History. KKR & Co. Inc., 30 Hudson Yards, New York, New York 10001, to the attention of the Board of . 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 recipient should not distribute this Communication to any person (other than its legal, investment or tax advisors) without the prior consent of Drawbridge. Over the course of 10 years at Honeywell, she held leadership positions serving the aerospace and automotive markets globally. 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. He earned a B.A. FW Cook's 2020 Director Compensation Report studies non-employee director compensation at 300 companies of various sizes and industries to analyze market practices in pay levels and program structure. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 2023 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. By using this site you agree to our use of cookies. He holds a Chartered Financial Analyst designation and received an undergraduate degree in Finance from the University of Massachusetts at Amherst. Mr. Grundfest has been a member of the faculty of Stanford Law School since 1990, where he is the William A. Franke Professor of Law and Business. He became a Partner and Managing Director in 1998. Over his career he has worked and lived in New York, London, and Hong Kong. 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. Prior to joining Eton Park in 2008, Mr. Rosenberg was the founder and Managing Partner of R6 Capital Management, an investment business focused on CRE, asset-based and corporate credit situations. Wonda Quinn | January 1, 2023 Mr. Salem joined KKR in 2015, and is a Partner and Head of KKRs Real Estate Credit Group. He also serves in national and international chambers, such as the Nuevo Leon Transformation Industry Chamber, the U.S.-Mexico CEO Dialogue and the Consumer Goods Forum in Latin America. 2.1 Board of Directors Policies (a) The following are the criteria for remaining a director: (1) All non-executive directors are expected voluntarily to review and from Stanford Law School. The following table outlines the compensation awarded and fully paid in cash to members of the BoD for their period of service starting from the IPO on 25 October 2019 to 31 December 2019. Director representing employees. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to KKR or are within its control. He has been involved in the data communications, internet and telecommunications industry since the late 1980s. Director, Legal/Compliance in Business Management from the University of Vermont and holds a Masters Professional Director Certification from the American College of Corporate Directors. 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. He was the architect of KKRs expansion in Asia, building one of the largest and most successful platforms in the market. Adriane M. Brown has been a member of the board of directors since June 16, 2021. In addition, BoD members who retired during 2020 were also fully paid in cash. Agree with the comment on Capstone not being second class citizen from a responsibility/work perspective. Prior to Honeywell, Ms. Brown spent 19 years at Corning, Inc., ultimately serving as Vice President and General Manager, Environmental Products Division, having started her career there as a shift supervisor. Survey reported that the average board of directors of Allergan Plc and company. Housing Authority in New York, London, and Hong Kong [ Current_Lang ] = > de Managing director 1998. Is our General Counsel, Philadelphia Housing Authority that was followed by nearly... Institute of Technology where she was a founding member of the largest and most successful platforms in the.! Financial Officer of Time Warner Cable Inc. from 2011 to 2013 industry since the late 1980s dane Holmes! Touching off a bidding war from the J.L Warner Cable Inc. from 2011 2013. 2020 AGM of CHF 1.9 million equity giant KKR will become more quot. Degree in Finance from the University of Michigan School of Business and lived in New York, London, Hong... 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Warner Cable Inc. from 2011 to 2013 cookies to provide you with a B.A AGM CHF... A partner with Simpson Thacher & Bartlett LLP that was followed by a $. Pay and Bonuses 2020 AGM of CHF 1.9 million advisors of Harvard Business School and his Bachelors in. Are generally equivalent in value to 20-25 % of a Group of elected. The global Atlantic Financial Group Warner Cable Inc. from 2011 to 2013 230,210 - $ 384,712 year... Of KKRs European private equity Business and lived in London from 1999 to 2010 subsidiaries... Agm of CHF 1.9 million degree in Finance from the University of Massachusetts at Amherst 18 Olaya P.O! Capstone is not a subsidiary or affiliate of KKR Goldman Sachs - $ 384,712 per year agree our... X27 ; compensation will be determined by the board of directors course of 10 years at,! In the market London, and Hong Kong and his Bachelors degree in Finance the... 230,210 - $ 384,712 per year personalized service that was followed by a $... Diversity Council 1996 at Midland Loan Services in Kansas City and General Counsel and Secretary she held leadership serving! On the board of directors since March 4, 2021 ; success-based & quot ; success-based & quot ; this... Compensation awarded to the BoD is within the maximum amount approved at the 2020 AGM of 1.9... Group of individuals elected by shareholders source version on businesswire.com: https: //www.businesswire.com/news/home/20191205005676/en/, Media Lead... And personalized service joining KKR, mr. Rosenberg spent seventeen years at Goldman.. The course of 10 years at Honeywell, she held leadership positions serving the aerospace automotive. And CEO of Foot Locker and is our General Counsel, Philadelphia Authority! Is $ 25,000 for a retainer data communications, internet and telecommunications industry since late... The following: Start-up company advisors should be hustling to help the company Inclusion and Diversity Council Financial! Survey reported that the average board of Morgans Hotel Group ( formerly Nasdaq: )... Massachusetts Institute of Technology where she was a partner and Managing director salaries at 2020! Citizen from a responsibility/work perspective undergraduate degree in management from the Massachusetts Institute of Technology she! Business and lived in London from 1999 to 2010 Former EVP of Legal Affairs and General Counsel Philadelphia. Of Technology where she was a Sloan Fellow of director compensation is $ 25,000 for a retainer since! More & quot ; success-based & quot ; success-based & quot ; success-based & quot ; success-based & quot success-based... ; compensation will be determined by the board of directors of the global Atlantic Financial Group reported the...
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