KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law. Mr. Bae has held numerous leadership roles at KKR. from Harvard College and an M.B.A. from Harvard Business School. On June 10, 2021, the board of directors of KKR Acquisition Holdings I Corp. increased the size of the Board from four to five directors and appointed Meghan Frank as an independent director,. Array He held many positions at Goldman Sachs from 2007 to 2017, including global head of Pine Street and global head of investor relations. Investor Relations will forward all such correspondence to the member or members of the Board of Directors to whom such correspondence was addressed. Ms. Brown serves on the boards of directors of American Airlines Group Inc., Axon Enterprise, Inc., e-Bay Inc., Washington Research Foundation, and the Pacific Science Center. The average compensation package for board directors was $2.17 million. We are grateful for their accomplishments and wish them continued success, said Henry Kravis and George Roberts, Co-Founders and Co-Chief Executive Officers of KKR. Evan T. Spiegel has been a member of the board of directors since October6, 2021. Mr. Langer served as Chief Executive Officer and President of NorthStar Realty Finance Corp. (Nasdaq: formerly NRF) from August 2015 to March 2017, when NorthStar Realty Finance merged with Colony Capital, Inc. and NorthStar Asset Management Group Inc. ( Prior to joining KKR, Mr. Lee spent three years at Apollo Global Management on their global real estate team where he focused on real estate acquisitions. Mr. Director Former Partner, Ernst & Young LLP. from New York University School of Law. 30 Hudson Yards Averaging eight total board meetings per year this totals to $138.5K in annual compensation. Prior to joining McDonalds, Ms. Dillon held several positions of increasing responsibility at PepsiCo Corporation, including as President of the Quaker Foods division from 2004 to 2005 and as Vice President of Marketing for Gatorade and Quaker Foods from 2002 to 2004. If a change occurs, KKRs business, financial condition, liquidity and results of operations, including but not limited to, assets under management, fee paying assets under management, after-tax distributable earnings, capital invested, syndicated capital, uncalled commitments, cash and short-term investments, fee related earnings, fee and yield segment EBITDA, core interest expense and book value, may vary materially from those expressed in the forward-looking statements. All forward-looking statements speak only as of the date they are made. Formerly, Mr. McGuire served as a director of the Wyeth Corporation and as a member of the nominating and corporate governance committee. From 2006 through 2010, Mr. Lewin resided in Hong Kong, helping to launch KKRs Asia business. 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. 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. New York, NY 10001. From 2005 to 2014, she also served as a director of KKR Financial Holdings LLC (formerly NYSE: KFN), a specialty finance company, where she was chairperson of the compensation committee and a member of the affiliated transaction committee and nominating and corporate governance committee. The Board supports the long-term growth of the Company, not only through oversight of the finances of the business, but also through the development of the resources and talent it needs to continue to deliver value for shareholders, clients and employees within a framework that prioritises responsible investing. Global Head of Benefits, Human Capital Almost every company compensates its board members for travel expenses to attend board meetings and retreats. AGREEMENT, made day of 200 , between LEE ENTERPRISES, INCORPORATED, a Delaware corporation (the "Company"), and (" ").. RECITALS has performed services for the Company, as a non-employee member of the Board of Directors of the Company and a member of the Company's Executive Compensation Committee; and Mr. Lewin has a Bachelor of Science from the University of Pennsylvania. He was the architect of KKRs expansion in Asia, building one of the largest and most successful platforms in the market. The estimated additional pay is $193,004 per year. He serves on the board of trustees at Environmental Defense Fund (Vice Chair), on the board of governors at the San Francisco Symphony (Vice President) and on the investment committee at the Chan Zuckerberg Initiative and at the Yale Investments Office. 1.7 It is the Board of Directors' responsibility to understand the Company's business, industry and primary risks. He is also senior faculty of the Arthur and Toni Rembe Rock Center for Corporate Governance at Stanford University; co-director of Directors College, a venue for the continuing professional education of directors of publicly traded corporations; and co-founder of Financial Engines, Inc., a provider of services and advice to participants in employer-sponsored retirement plans, where he has served as a director since its inception in 1996. NEW YORK-- ( BUSINESS WIRE )--KKR today announced a newly promoted group of 18 Partners and 42 Managing Directors, effective January 1, 2022. 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. Mr. Lee joined KKR in New York in 2012. 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. Hess is a member of the board of trustees at the Center for Strategic and International Studies, Mount Sinai Hospital, the Lincoln Center for the Performing Arts and the Deans Advisors at Harvard Business School, and former chair of The Harvard Business School Campaign. He is currently the Chair of The Ron Brown Scholar Program and the Vice-Chair of StoryCorps. Paula Madoff has served as a director since May 2018. The following factors, among others, could cause actual results to vary from the forward-looking statements: whether KKR realizes all or any of the anticipated benefits from converting to a corporation and the timing of realizing such benefits; whether there are increased or unforeseen costs associated with the conversion, including any adverse change in tax law; the volatility of the capital markets; the general volatility of the capital markets; failure to realize the benefits of or changes in KKRs business strategies including the ability to realize the anticipated synergies from acquisitions or strategic partnerships or other transactions; availability, terms and deployment of capital; availability of qualified personnel and expense of recruiting and retaining such personnel; changes in the asset management industry, interest rates or the general economy; underperformance of KKR's investments and decreased ability to raise funds; and the degree and nature of KKRs competition. Mr. McGuire has extensive board and committee experience on both corporate and not-for-profit boards. 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. your password 2023 KKR Real Estate Finance Trust Inc. All Rights Reserved. New York, Franziska Kayser He is active in a number of non-profit educational and cultural institutions, including co-founding and serving on the board of The Asian American Foundation, a member of Harvard Universitys Global Advisory Council and as a board member of the Lincoln Center. Our investment and consulting professionals have extensive experience in the technology space. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, Brandon Brahm - Private Equity Americas, New York, Brian Dillard - Credit & Markets, Hong Kong, Nancy Ford - Private Equity Americas, Menlo Park, Felix Gernburd - Private Equity Americas, Menlo Park, Jake Heller - Next Generation Technology, New York, Craig Lee - Insurance & Strategic Finance, New York, Ted Oberwager - Private Equity Americas, New York, James Rudy - Global Macro & Asset Allocation, Balance Sheet and Risk, New York, Steve Shanley - Next Generation Technology, London, Chris Sun - Private Equity Asia Pacific, Beijing, Waldemar Szlezak - Infrastructure, New York, Joel Traut - Real Estate Credit, New York, Racim Allouani - Global Macro & Asset Allocation, Balance Sheet and Risk, New York, Jan Baumgart - Real Estate Equity, Frankfurt, Yacine Boumahrat - Client and Partner Group, Paris, Bradley Brown - Private Equity Americas, Menlo Park, Steve Codispoti - Finance, Tax and Accounting, New York, Benjamin Conner - Energy Real Assets, Houston, Aidan Corcoran - Global Macro & Asset Allocation, Balance Sheet and Risk, Dublin, Hunter Craig - Private Equity Americas, Menlo Park, Kate de Mul - Global Markets Operations, New York, Brandon Donnenfeld - Client and Partner Group, New York, Federica Gironi - Credit & Markets, London, Beth Hammond - Client and Partner Group, New York, Greg Hickey - Global Markets Operations, Dublin, Paul Horwood - Finance, Tax and Accounting, London, Hadi Husain - Global Macro & Asset Allocation, Balance Sheet and Risk, New York, David Katz - Public Policy and Affairs, Singapore, Jason Kelley - Real Estate Credit, New York, Brandi Kendall - Energy Real Assets, Houston, Scott Lazarz - Technology, Engineering and Data, New York, Joshua Lederman - Credit & Markets, New York, Jenn Lee - Credit & Markets, San Francisco, James Marsh - Client and Partner Group, London, Hilary McNamara - Human Capital, New York, Johnny Mullins - Credit & Markets, Dublin, Thomas Murphy - Finance, Tax and Accounting, San Francisco, Matthew Ross - Credit & Markets, New York, Mike Shea - Finance, Tax and Accounting, New York, Peter Sundheim - Real Estate Equity, New York, Paul Wasserman - Real Estate Equity, Houston, Michael Whyte - Real Estate Equity, New York. cum laude, from Cleveland State University. Antonia Wrede Director, KKR Capstone London + Learn More Craig Lee Partner, Head of Insurance and Strategic Finance hb```iaB -j2 0HI/\A.TPQ[>`H+P $d` v?8 %Q Js[ Sep 23, 2020 1. Welcome! All forward-looking statements speak only as of the date they are made. She brings experience in managing regulatory and market structure changes, investing, risk management, and capital markets activities. 2023 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. Deborah H. McAneny has served as a director since May 2017. Kellogg Graduate School of Management at Northwestern University. He is currently a member of the Board of Advisors for SAIS, a director of New Visions for Public Schools, a trustee of the Foundation Board for John Jay College of Criminal Justice, a member of various committees of the United States Holocaust Museum and Brown University, and a member of the Council on Foreign Relations. Cash Compensation Each non-Excluded Director (other than Mr. Hazen) receives an annual retainer of $50,000, a fee of $1,500 for each full Board meeting attended in person or telephonically and a fee of $1,500 for each committee meeting attended in person or telephonically and that occurs on a date different from a full Board meeting date. Compensation Committee Charter. In connection with Ms. Frank's appointment to the Board, KKR Acquisition Sponsor I LLC, the sponsor of the Company, assigned 25,000 shares of the Company's Class A common stock to Ms. Frank without consideration. Drawbridge is an independently managed real estate investment vehicle. Mr. Rosenberg joined KKR in 2011 and is a Member and Global Head of KKR Real Estate. New York, Patricia Bandeira Vieira Compensation at private equity giant KKR will become more "success-based" beginning this year. He is responsible for ensuring the firms global operations, technology, human capital and enterprise risk resources are coordinated to meet our investment and client needs. He serves on several boards of industry-related companies, including Jugos del Valle and Piasa, and he holds positions on several international and national industry councils, such as the System Leadership Governance Board of Coca-Cola North America. He earned a B.A. All Titles All Locations As of September 30, 2022, KKR has a team of over 2,400 employees, consultants, and senior advisors, including more than 740 investment professionals working across 20 industries in offices around the world. Their commercial contributions, investment acumen and strong integrity have played a central role in KKRs mission of supporting our clients and the companies in which we invest. 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. kkr board of directors compensation. Prior to joining KKR, Mr. Salem was a managing director at Rialto Capital Management. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. He was responsible for the firms CRE-related investing in securities, whole loans and real property and historically was also involved in the firms private lending efforts, performing and distressed credit investments, and asset-backed financings. Mr. Hess has been the chief executive officer of Hess Corporation since 1995 and a director since 1978. Jonathan A. Langer has served as a director since May 2017. Wonda Quinn He currently serves as a director and nominating and governance committee member at Asana, as a director and audit committee member at 1stdibs and as a director at several privately held companies. Christopher Johnson, Chairman, Board of Directors. He holds an A.B. Governance Documents. London, Array That was followed by a nearly $5.8 million share offering. Mr. Rosenberg is a member of the Brown University Corporation and serves in several leadership positions on behalf of the University. Median total compensation was $43,500, ~4.8% higher than the $41,500 reported last year. The board of directors is a corporation's governing body. The 4.8% increase (+4.5% in 2018) is the result of a 5.5% increase domestically and a 3.6% increase. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co. He is currently the Chairman of the Pension Real Estate Association and is a Global Member of the Urban Land Institute. Ms. Frank will not receive any other compensation for serving as a director of the Company, consistent with the Company's standard . The company that took the #3 spot for . 1) Includes compensation for Chairman of the BoD only. Prior to his current position, he was Co-Chief Executive Officer until 2021. Before viewing this presentation, please acknowledge your understanding that it has been prepared for KKR & Co. Inc. (NYSE:KKR) for the benefit of its public stockholders and is not intended to be a solicitation or sale of any of the securities, funds or services that it may discuss. He was a founding member of KKRs European private equity business and lived in London from 1999 to 2010. Board of directors; expenses; compensation; prohibitions; exceptions. Daniel Pietrzak. . KKR does not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law. Mr. Holmes serves on several non-profit boards. Robert H. Lewin joined KKR in 2004 and is the Chief Financial Officer. Todd A. Fisher has served as a director since October 2014. The transportation and logistics industries gave the top board compensation packages. KKR swooped in and offered the board $90 a share, touching off a bidding war. He was also a member of BlackRocks global executive committee and a board member of BlackRocks foundation. Mr. Langer has served as a Managing Member at Fireside Investments LLC, a private investment firm that he founded in January 2012. For more information on KKR Capstone, visit KKRs web site at http://www.kkr.com/our-firm/kkr-capstone. 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. He holds a B.A. Mr. Roberts has served as a director or trustee of several cultural and educational institutions, including Claremont McKenna College. He holds a Chartered Financial Analyst designation and received an undergraduate degree in Finance from the University of Massachusetts at Amherst. The estimated total pay for a Director at KKR is $381,325 per year. Today we recognize these leaders for not only achieving new heights in their careers at KKR but for what they have done to get to this milestone. Mary N. Dillon has been a member of the board of directors since September 6, 2018. 254 0 obj <>/Filter/FlateDecode/ID[<2B621EF2BD8F5D41BBDDA1BC372447BC><88106B4A468ECC45AE2A154561B34BAD>]/Index[241 24]/Info 240 0 R/Length 71/Prev 42795/Root 242 0 R/Size 265/Type/XRef/W[1 2 1]>>stream Companies are also paying an average of $2,250 per meeting and $1,000 per telephone conference, for a total annual compensation of about $36,000 per year. Previously, he was a director of UBS Group AG from May 2016 to April 2020, a director of Bank of America Corporation from August 2009 to May 2013 and a public governor of the Financial Industry Regulatory Authority, Inc. from October 2014 to May 2016. The . Managing Director salaries at The Blackstone Group can range from $230,210 - $384,712 per year. [Current_Location] => DE Prior to becoming the Chief Legal Officer in September 2022, Mr. Sorkin was our General Counsel and Secretary. He earned a B.A. Ryan D. Stork joined KKR in 2022 as Chief Operating Officer. Employee compensation at the New York-headquartered firm will be calculated based on its fee revenues and the realized investment performance of its funds, the firm revealed in its fourth-quarter and full-year 2020 results on Tuesday. Matthew R. Cohler has been a member of the board of directors since January 3, 2022. In 2013, he created 42, a school that trains computer specialists in France, and in 2017, he opened Station-F, a startup campus located in Paris. DIRECTOR COMPENSATION AGREEMENT . in Biology and received an M.A. Additional information about factors affecting KKR, including a description of risks that may be important to a decision to purchase or sell any common or preferred stock of KKR & Co. Inc., can be found in KKR & Co. Inc.s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the SEC, which are available at www.sec.gov. Barbara Adams. No person should rely upon the past performance or reputation of KKR or its investment products when considering any security offered by the Drawbridge Fund or Drawbridge. Mr. Mr. Lee serves as Portfolio Manager for KKR Property Partners Americas, and sits on KKR's Real Estate Equity and Credit Investment Committees in the Americas, KKRs Real Estate Equity and Credit Portfolio Management Committees in the Americas, KKR's Inclusion and Diversity Council, and chairs KKR's Real Estate Valuation Committee. Board of Directors; Board of Directors. Mr. Langer received a B.S. Board of Directors. Please read our cookie notice for more information on the cookies we use and how to delete or block them. The 2017 Investment Firm Compensation Survey is open for . 2023 Kohlberg Kravis Roberts & Co. L.P. All Rights Reserved. He is also founder and Chairman of the board of directors of REDF, a San Francisco nonprofit organization. Total Avg Compensation. Matthew A. Salem has served as a director since February 2022 and as Chief Executive Officer of our Company since March 2020 and of our Manager since January 2021, and is also a member of our Managers investment committee. Over his career he has worked and lived in New York, London, and Hong Kong. Ms. Brown holds a Doctorate of Humane Letters and a bachelors degree in environmental health from Old Dominion University, and is a winner of its Distinguished Alumni Award. ADOPTED AS OF JUNE 2020 . The estimated base pay is $188,321 per year. In addition, KKRs business strategy is focused on the long-term and financial results are subject to significant volatility. from Claremont McKenna College in 1966 and a J.D. References to KKRs investments may include the activities of its sponsored funds. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. from Claremont McKenna College in 1967 and an M.B.A. from the Columbia Business School in 1969.
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