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Stock impact report

Franklin BSP Realty Trust Announces Leadership Transition

Franklin BSP Realty Trust, Inc. (FBRT) 
Company Research Source: Business Wire
Michael Comparato Named Chief Executive OfficerBrian Buffone Promoted to PresidentRichard Byrne to Remain as Chairman  NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (the “Company” or “FBRT”) today announced that the Board of Directors of the Company has appointed Michael Comparato, currently the Company’s President, as Chief Executive Officer and Brian Buffone as President, effective immediately. Richard Byrne will continue as Chairman of the Board of Directors.Mr. Byrne commented: “I am excited to welcome Mike Comparato in his new role. Mike is a highly respected industry leader who has been instrumental in building and scaling Benefit Street Partners’ real estate platform. I am also proud to welcome Brian Buffone as President. Brian is a seasoned real estate veteran and long-time member of our investment team. Together, these appointments represent a natural evolution of FBRT’s leadership and leave us well positioned to execute our strategy in a dynamic market enviro Show less Read more
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