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Last $6.35 USD
Change Today +0.01 / 0.16%
Volume 670.4K
As of 8:04 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Scott F. Schaeffer

Chairman of the Board of Trustees and Chief Executive Officer, RAIT Financial Trust
AgeTotal Calculated CompensationThis person is connected to 12 board members in 4 different organizations across 3 different industries.

See Board Relationships
52$2,245,000
As of Fiscal Year 2014

Background*

Mr. Scott F. Schaeffer has been the Chief Executive Officer and President at Independence Realty Trust, Inc., since February 8, 2013 and its Chairman since January 2011. Mr. Schaeffer has been the Chief Executive Officer of RAIT Financial Trust since February 22, 2009 and its Chairman of the Board of Trustees since December 31, 2010. Previously, Mr. Schaeffer served as President of RAIT Financial Trust from February 22, 2008 to January 29, 2014, Chief Operating Officer ...

Read Full Background

Corporate Headquarters*

2929 Arch Street
Philadelphia, Pennsylvania 19104

United States

Phone: 215-243-9000
Fax: 215-243-9039

Board Members Memberships*

Chairman of The Board, Chief Executive Officer and President
1998-2002
Former Director
2010-Present
Chairman of the Board of Trustees and Chief Executive Officer
2011-Present
Chief Executive Officer, President, and Chairman
2011-Present
Chairman

Education*

BS
Rider University

Other Affiliations*

Annual Compensation*

Salary$650,000
Bonus$1,075,000
Total Annual Compensation$1,725,000

Stock Options*

Restricted Stock Awards$331,600
All Other Compensation$30,000
Exercised Options128,230
Exercised Options Value$1,072,000
Exercisable Options106,667
Exercisable Options Value$83,200
Unexercisable Options533,333
Unexercisable Options Value$564,400
Total Value of Options$1,719,600
Total Number of Options768,230

Total Compensation*

Total Annual Cash Compensation$1,755,000
Total Short Term Compensation$1,725,000
Other Long Term Compensation$361,600
Total Calculated Compensation$2,245,000
*Data is at least as current as the most recent Definitive Proxy.
 

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Market data is delayed at least 15 minutes.

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Jay S. Sugarman Chairman and Chief Executive Officer
iStar Financial Inc.
$1.0M
Steven R. Mumma CPAChairman, Chief Executive Officer and President
New York Mortgage Trust Inc.
$533.3K
Michael A. Commaroto Chief Executive Officer, President and Director
Apollo Residential Mortgage, Inc.
--
Malon Wilkus Chairman, Chief Executive Officer and Member of Executive Committee
American Capital Mortgage Investment Corp.
--
David Nathan Roberts Chairman and Chief Executive Officer
AG Mortgage Investment Trust, Inc.
--
Compensation as of Fiscal Year 2014.

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