Ladder Capital Corp (NYSE:LADR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February7, 2019, the board of directors (the “Board”) of Ladder Capital Corp (the “Company”) appointed Kelly Porcella as Chief Administrative Officer, effective April1, 2019. Ms.Porcella will also continue to serve as the Company’s General Counsel and Secretary.
Ms.Porcella, age 37, joined the Company in March2009 and was appointed General Counsel in March2016. Ms.Porcella helps to manage the day-to-day operations of the Company and is primarily responsible for the Company’s corporate governance, cybersecurity, human resources, executive compensation, legal and regulatory oversight and the execution of the Company’s strategic initiatives. Ms.Porcella serves on the St. John’s University School of Law Alumni Association Board of Directors and the Advisory Board of St. John’s Mattone Family Institute for Real Estate Law. Ms.Porcella received a B.S. in Marketing, summa cum laude, from The Peter J. Tobin College of Business at St. John’s University and a J.D., magna cum laude, from St. John’s University School of Law.
About Ladder Capital Corp (NYSE:LADR)
Ladder Capital Corp is a commercial real estate finance company. The Company’s segments include loans, securities and real estate. The loans segment includes mortgage loan receivables held for investment (balance sheet loans) and mortgage loan receivables held for sale (conduit loans). The securities segment comprises all of the Company’s activities related to commercial real estate securities, which include investments in commercial mortgage-backed securities (CMBS) and United States Agency Securities. The real estate segment includes net leased properties, office buildings, a warehouse and condominium units. The Company invests primarily in loans, securities and other interests in the United States commercial real estate, with a focus on senior secured assets. The Company owns approximately 100 single tenant net leased properties. In addition, the Company owns approximately 30 other properties.
