Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On January 28, 2022, TPG RE Finance Trust, Inc. (the "Company") announced that
the Company's board of directors (the "Board") has appointed Doug Bouquard to
serve as the Company's Chief Executive Officer and elected him as a director, in
each case effective as of April 25, 2022. The Company also announced that the
Board has appointed Brandon Fox to serve as the Company's Chief Accounting
Officer, effective as of January 28, 2022.
Mr. Bouquard, 40, was a Managing Director and responsible for U.S. Commercial
Real Estate Debt within the Global Markets Division of Goldman Sachs. His
responsibilities included oversight for commercial real estate debt origination
and other real estate securities issuances. Prior to his current role,
Mr. Bouquard was responsible for various mortgage lending and trading businesses
at Goldman Sachs, which he joined in 2004. Mr. Bouquard earned a B.A. degree
from Colgate University.
The selection of Mr. Bouquard to serve as the Company's Chief Executive Officer
was not pursuant to any arrangement or understanding with any other person.
There are no family relationships between Mr. Bouquard and any director or
executive officer of the Company, and there are no transactions between
Mr. Bouquard and the Company that would be required to be reported under Item
404(a) of Regulation S-K.
Mr. Fox, age 42, has been a principal with TPG, Inc., a Delaware corporation
(previously, TPG Global, LLC, a Delaware limited liability company ("TPG")),
since June 2021. From December 2019 to June 2021, Mr. Fox was the head of
corporate accounting for Oaktree Capital Management, L.P. (NYSE: OAK-PA;
OAK-PB), where he was responsible for management company accounting, assets
under management, accounting policy and financial reporting requirements of the
firm. From July 2018 to December 2019, Mr. Fox was a Senior Director in TPG's
Business Unit Finance department, focusing on accounting and finance operations
for TPG Real Estate. From May 2017 to July 2018, Mr. Fox was a Director in TPG's
Financial Reporting & Accounting Policy department. From December 2007 to May
2017, Mr. Fox served in various accounting, financial planning and analysis, and
capital markets related roles at Healthpeak Properties, Inc. (NYSE: PEAK)
(formerly HCP, Inc.). Mr. Fox received an MBA with concentrations in corporate
finance and strategy from the University of Chicago Booth School of Business and
BS degrees in accountancy and information systems from California State
University Long Beach. He is a Certified Public Accountant (inactive) licensed
in California.
The selection of Mr. Fox to serve as the Company's Chief Accounting Officer was
not pursuant to any arrangement or understanding with any other person. There
are no family relationships between Mr. Fox and any director or executive
officer of the Company, and there are no transactions between Mr. Fox and the
Company that would be required to be reported under Item 404(a) of Regulation
S-K.
Item 7.01 Regulation FD Disclosure.
On January 28, 2022, the Company issued a press release (the "press release")
announcing the appointment of Mr. Bouquard to serve as the Company's Chief
Executive Officer and his election as a director and the appointment of Mr. Fox
to serve as the Company's Chief Accounting Officer. A copy of the press release
is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is hereby
incorporated by reference into this Item 7.01.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No. Description
99.1 Press Release, dated January 28, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses