STARWOOD PROPERTY TRUST INC. Starwood Property Trust Inc. filed SEC Form 8-K: Leadership Update
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On March 20, 2025, the Board of Directors (the “Board”) of Starwood Property Trust, Inc. (the “Company”) increased the size of the Board from nine to ten directors and appointed Jonathan Pollack to serve as a member of the Board, and to serve as a member of the Investment Committee of the Board, with each action effective as of April 1, 2025. Mr. Pollack was also elected as Vice Chairman of the Board, effective on the same date.
Mr. Pollack, age 48, is the incoming President of Starwood Capital Group, a privately-held global investment management firm with approximately $115 billion of assets under management and an affiliate of the Company. Mr. Pollack’s position as President of Starwood Capital Group begins on April 1, 2025.
Mr. Pollack joined Starwood Capital Group from Blackstone Inc. where he served as the Global Head of Real Estate Credit from 2016 to 2024, which had $84 billion in assets under management and is a leading global lender and investor in commercial real estate loans, residential mortgages and a range of securities, including CMBS, RMBS and real estate corporate debt. Additionally, from 2016 to 2024, Mr. Pollack served on the Board of Directors for Blackstone Mortgage Trust, Inc., a public real estate investment trust that specializes in the acquisition and origination of senior loans secured by commercial real estate across the globe. Mr. Pollack also serves on the Board of Trustees of East Harlem Tutorial Program, a leading charter school and after school program in New York City. Mr. Pollack earned his bachelor’s degree from Northwestern University.
Mr. Pollack will not receive compensation for his service on the Board. He will not be considered an independent director due to his position with Starwood Capital Group. For more information on the relationship and transactions between the Company and Starwood Capital Group, please refer to the section entitled “Certain Relationships and Related Transactions” in the Company’s Proxy Statement for the 2025 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on March 21, 2025.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: March 21, 2025 | STARWOOD PROPERTY TRUST, INC. | |
| By: | /s/ Barry Sternlicht | |
| Name: | Barry Sternlicht | |
| Title: | Chief Executive Officer | |