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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 October 29, 2020, Thomas C. Ruffing, Managing Director, Head of Asset Management, of Blackstone Mortgage Trust, Inc. (the “Company” or “BXMT”), gave notice of his resignation to the Board of Directors (the “Board”) of the Company, effective as of December 31, 2020 (the “Retirement Date”). Mr. Ruffing’s resignation from the Company coincides with his retirement from Blackstone. The Board thanked Mr. Ruffing for eight years of dedicated service to BXMT since its inception, skillfully leading our asset management function through a period of tremendous growth.
Concurrently with Mr. Ruffing’s resignation, the Board appointed Robert Sitman to serve as the Company’s Managing Director, Head of Asset Management, effective as of the Retirement Date. Mr. Sitman, 39, is a Managing Director of the Blackstone Real Estate Debt Strategies (“BREDS”) group and is primarily responsible for the legal aspects of originating, structuring, executing and asset managing real estate debt investments. Prior to joining BREDS in January 2014, Mr. Sitman was an associate in the Real Estate group of Fried, Frank, Harris, Shriver & Jacobson LLP, where he worked from 2008 to 2014. Mr. Sitman received a B.A. in Political Science from University of Michigan and a J.D. from Brooklyn Law School, where he graduated cum laude.
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.
|BLACKSTONE MORTGAGE TRUST, INC.|
Date: October 30, 2020
Managing Director, Head of Legal
and Compliance and Secretary