KREF · KKR Real Estate Finance Trust Inc. · Executive Compensation

$5.21 -0.04 (-0.76%) At close · Nov 3 Q3 2026 earnings call transcript

Russell 2000 member Rebalance outlook locked

Market Cap

$300.86M

57.31M

Volume · Nov 3 1.14M Avg daily vol (3M) 882.1K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew A. Salem	Chief Executive Officer	—	—	$688,188	—	—	—	$688,188
Matthew Salem	CEO	—	—	$688,188	—	—	—	$688,188
W. Patrick Mattson	President, Chief Operating Officer and Secretary	—	—	$622,545	—	—	—	$622,545
Patrick Mattson	President, Chief Operating Officer and Secretary	—	—	$622,545	—	—	—	$622,545
Kelly Galligan	Former General Counsel and Secretary	—	—	$55,055	—	—	—	$55,055

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew A. Salem	Chief Executive Officer	—	—	$915,688	—	—	—	$915,688
Matthew Salem	CEO	—	—	$915,688	—	—	—	$915,688
Patrick Mattson	President and Chief Operating Officer	—	—	$828,345	—	—	—	$828,345
W. Patrick Mattson	President and Chief Operating Officer	—	—	$828,345	—	—	—	$828,345
Kendra Decious	Chief Financial Officer and Treasurer	$178,467	$264,256	$270,480	—	—	$12,188	$725,391
Vincent J. Napolitano	Former General Counsel and Secretary	—	—	$101,430	—	—	—	$101,430
Kelly Galligan	General Counsel and Secretary	—	—	$39,445	—	—	—	$39,445

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew A. Salem	Chief Executive Officer	—	—	$1,027,088	—	—	—	$1,027,088
Matthew Salem	CEO	—	—	$1,027,088	—	—	—	$1,027,088
Kendra Decious	Chief Financial Officer and Treasurer	$252,673	$403,826	$323,280	—	—	$17,138	$996,917
Patrick Mattson	President and Chief Operating Officer	—	—	$922,695	—	—	—	$922,695
W. Patrick Mattson	President and Chief Operating Officer	—	—	$922,695	—	—	—	$922,695
Vincent J. Napolitano	Former General Counsel and Secretary	—	—	$168,375	—	—	—	$168,375

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Salem	CEO	—	—	$1,463,000	—	—	—	$1,463,000
Matthew A. Salem	Chief Executive Officer	—	—	$1,463,000	—	—	—	$1,463,000
Patrick Mattson	President and Chief Operating Officer	—	—	$1,000,692	—	—	—	$1,000,692
W. Patrick Mattson	President and Chief Operating Officer	—	—	$1,000,692	—	—	—	$1,000,692
Kendra Decious	Chief Financial Officer and Treasurer	$150,612	$223,407	$256,025	—	—	$9,868	$639,912
Mostafa Nagaty	Former Chief Financial Officer and Treasurer	$97,052	$129,244	—	—	—	$6,718	$233,014
Vincent J. Napolitano	Former General Counsel and Secretary	—	—	$128,013	—	—	—	$128,013

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Salem	CEO	—	—	$1,979,366	—	—	—	$1,979,366
Matthew A. Salem	Chief Executive Officer	—	—	$1,979,366	—	—	—	$1,979,366
W. Patrick Mattson	President and Chief Operating Officer	—	—	$1,277,010	—	—	—	$1,277,010
Patrick Mattson	President and Chief Operating Officer	—	—	$1,277,010	—	—	—	$1,277,010
Mostafa Nagaty	Former Chief Financial Officer and Treasurer	$250,000	$500,000	—	—	—	$17,869	$767,869
Vincent J. Napolitano	General Counsel and Secretary	—	—	$121,620	—	—	—	$121,620

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew A. Salem	Chief Executive Officer	—	—	$1,278,004	—	—	—	$1,278,004
Christen E.J. Lee	Vice Chairman, Former Co-Chief Executive Officer and Co-President	—	—	$1,278,004	—	—	—	$1,278,004
Matthew Salem	CEO	—	—	$1,278,004	—	—	—	$1,278,004
Patrick Mattson	President and Chief Operating Officer	—	—	$1,164,150	—	—	—	$1,164,150
W. Patrick Mattson	President and Chief Operating Officer	—	—	$1,164,150	—	—	—	$1,164,150
Mostafa Nagaty	Former Chief Financial Officer and Treasurer	$250,000	$359,463	$264,173	—	—	$25,537	$899,173

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christen E.J. Lee	Vice Chairman, Former Co-Chief Executive Officer and Co-President	—	—	$1,548,750	—	—	—	$1,548,750
Matthew Salem	CEO	—	—	$1,548,750	—	—	—	$1,548,750
Matthew A. Salem	Chief Executive Officer	—	—	$1,548,750	—	—	—	$1,548,750
W. Patrick Mattson	President and Chief Operating Officer	—	—	$929,250	—	—	—	$929,250
Patrick Mattson	President and Chief Operating Officer	—	—	$929,250	—	—	—	$929,250
Mostafa Nagaty	Chief Financial Officer and Treasurer	$250,000	$277,655	$206,479	—	—	$40,845	$774,979

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew Salem	CEO	—	—	$1,256,763	—	—	—	$1,256,763
Christen E.J. Lee	Former Co-Chief Executive Officer and Co-President	—	—	$1,256,763	—	—	—	$1,256,763
Matthew A. Salem	Chief Executive Officer	—	—	$1,256,763	—	—	—	$1,256,763
Patrick Mattson	President and Chief Operating Officer	—	—	$896,333	—	—	—	$896,333
W. Patrick Mattson	President and Chief Operating Officer	—	—	$896,333	—	—	—	$896,333
Mostafa Nagaty	Chief Financial Officer and Treasurer	$191,288	$149,908	$189,700	—	—	$24,249	$555,145

Executive changes

Person	Role	Change	Effective	Filed
Kelly Galligan	General Counsel and Secretary	Resigned	2026-01-05	2026-01-09
Ralph F. Rosenberg	Director	Appointed	2025-04-25	2025-05-01
Deborah H. McAneny	Director	Appointed	2025-04-25	2025-05-01
Matthew A. Salem	Director	Appointed	2025-04-25	2025-05-01
Jonathan A. Langer	Director	Appointed	2025-04-25	2025-05-01
Christen E.J. Lee	Director	Appointed	2025-04-25	2025-05-01
Paula Madoff	Director	Appointed	2025-04-25	2025-05-01
Irene M. Esteves	Director	Appointed	2025-04-25	2025-05-01
Terrance R. Ahern	Director	Appointed	2025-04-25	2025-05-01
Todd A. Fisher	Board of Directors	Resigned	2023-02-01	2023-02-07

Leadership

Matthew A. Salem CEO, Board Member
Matthew Salem CEO, Board Member
Christen E.J. Lee Chairman
Ralph F. Rosenberg Chairman, Board Member
Kendra Decious CFO
Patrick Mattson COO
W. Patrick Mattson COO
Vincent J. Napolitano General Counsel
Deborah H. McAneny Board Member
Irene M. Esteves Board Member
Jonathan A. Langer Board Member
Paula Madoff Board Member
Terrance R. Ahern Board Member

Key facts CIK 1631596 CUSIP 48251K100 13F (30d) 32 filings 32 filers Visit website Investor relations