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.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses