Real Estate
Ladder Capital Executive Compensation (FY25)
LADR · New York, NY · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (DEF 14A): April 21, 2026
165 figures on this page: 162 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
Brian Harris was paid $13,944,233 in total compensation as Chief Executive Officer for fiscal 2025, and Harris' total was 10.1% lower than the $15,511,342 reported for fiscal 2024. The disclosed chief executive pay ratio for fiscal 2025 is 36:1, against median employee compensation of $391,689. Shareholders supported the say-on-pay proposal with 38.9% of votes cast for or against in favor at the meeting held June 6, 2024 for fiscal 2023. The disclosed peer group includes Adamas Trust, Inc., Adamas Trust, Inc. (formerly New York Mortgage Trust, Inc.), Arbor Realty Trust, Inc., BrightSpire Capital, Inc. and Granite Point Mortgage Trust Inc., among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Brian Harris: $15,511,342 → $13,944,233 (10.1% lower)
CEO pay ratio: 41:1 → 36:1 (12.2% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Ladder Capital's chief executive and what were they paid?
Brian Harris was paid $13,944,233 in total compensation as Chief Executive Officer for fiscal 2025. Harris' total was 10.1% lower than the $15,511,342 reported for fiscal 2024.
What was Ladder Capital's say-on-pay result?
Shareholders supported the say-on-pay proposal with 38.9% of votes cast for or against in favor at the meeting held June 6, 2024 for fiscal 2023.
Which companies are in Ladder Capital's peer group?
The disclosed peer group includes Adamas Trust, Inc., Adamas Trust, Inc. (formerly New York Mortgage Trust, Inc.), Arbor Realty Trust, Inc., BrightSpire Capital, Inc. and Granite Point Mortgage Trust Inc., among others.
What is Ladder Capital's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 36:1, against median employee compensation of $391,689.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Harris Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Pamela McCormack President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Paul Miceli Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kelly Porcella General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Harris Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Pamela McCormack President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Paul Miceli Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kelly Porcella General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Harris Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Pamela McCormack President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Paul J. Miceli Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Robert Perelman Robert Perelman | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kelly Porcella General Counsel | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Harris Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Pamela McCormack President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Paul Miceli Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Robert Perelman Head of Asset Management | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kelly Porcella Chief Administrative Officer, General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Brian Harris | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kelly Porcella | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Pamela McCormack | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Paul J. Miceli | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Robert Perelman | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Robert Perelman | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Pamela McCormack | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Kelly Porcella | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Paul Miceli | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Alan H. Fishman Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Douglas Durst | ◇ | ◇ | — | — | — | — | ◇ |
Mark Alexander | ◇ | ◇ | — | — | — | — | ◇ |
David Weiner | ◇ | ◇ | — | — | — | — | ◇ |
Jeffrey Steiner | ◇ | ◇ | — | — | — | — | ◇ |
Brian Harris and Pamela McCormack served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Adamas Trust, Inc. ADAM
- Adamas Trust, Inc. (formerly New York Mortgage Trust, Inc.) symbol not shown
- Arbor Realty Trust, Inc. ABR
- BrightSpire Capital, Inc. BRSP
- Granite Point Mortgage Trust Inc. GPMT
- Hannon Armstrong Sustainable Infrastructure Capital, Inc. HASI
- Kennedy-Wilson Holdings, Inc. KW
- MFA Financial, Inc. MFA
- PennyMac Financial Services, Inc. PFSI
- Redwood Trust, Inc. RWT
- Safehold Inc. SAFE
- Walker & Dunlop Inc. WD
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2023 | June 6, 2024 | = | ◇ | ◇ | ◇ |
| 2020 | June 1, 2021 | = | ◇ | ◇ | ◇ |
| 2017 | June 5, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Ladder Capital disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Ladder Capital sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceSay-on-pay responsiveness
Ladder Capital recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysisAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
165 figures on this page: 162 cited to the filing that reported them, 3 calculated from figures it prints.
162 cited to the filing
3 calculated from the filing
Documents cited
- 0001577670-26-000018CEO Pay Ratio · Director Compensation Table for the Year Ended December 31, 2025 · Grants of Plan-Based Awards for Fiscal Year · Outstanding Equity Awards at Fiscal Year End 2025 · and 1 more section
- 0001577670-25-000015Summary Compensation Table
- 0001104659-24-069673Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001577670-24-000011Summary Compensation Table
- 0001577670-23-000010Summary Compensation Table
- 0001104659-21-077059Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-18-039198Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Ladder Capital executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/LADR (accessed 2026).
Short form: data: Velarion
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Real Estate rankings
Peers Ladder Capital discloses
The companies named in LADR's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}