Business Context and Reporting Period
This Form 8-K Current Report was filed by Ladder Capital Corp on December 21, 2021. The filing addresses a corporate governance event regarding the departure of a senior officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The primary material change reported is the resignation of Kevin Moclair as Chief Accounting Officer and principal accounting officer, effective February 11, 2022. The Company states that the resignation is not the result of any disagreement with the Company regarding policies, practices, procedures, controls, or financial matters.
Outlook and Management Commentary
Paul J. Miceli, the Company's Chief Financial Officer and principal financial officer, will assume the duties of principal accounting officer effective February 11, 2022, until a successor is appointed. No forward-looking guidance, risk factors, or unusual items were disclosed in this specific filing.
Investor Verification Checklist
- Verify the effective date of the Chief Accounting Officer's resignation (February 11, 2022).
- Confirm that Paul J. Miceli has assumed the role of principal accounting officer.
- Review the Company's Definitive Proxy Statement on Schedule 14A (filed April 22, 2021) for biographical details on Mr. Miceli.
- Monitor future filings for the appointment of a permanent successor to the Chief Accounting Officer role.