$VEL

$15.45 +$0.04 (0.26%) Close

$VEL Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Company Executives

$VEL Management Team

Mr. Roland Kelly

General Counsel

Corporate Secretary

Chief Legal Officer

Age 55

Compensation -

Sex Male

Mr. Christopher Oltmann

Treasurer

Director - Investor Relations

Age 59

Compensation -

Sex Male

Mr. Alan Mantel

Non-Executive Independent Chairman of the Board

Age -

Compensation -

Sex Male

Mr. Christopher Farrar

Chief Executive Officer

Director

Age 58

Compensation $5.374M USD

Sex Male

Mr. Mark Szczepaniak

Chief Financial Officer

Age 67

Compensation $2.353M USD

Sex Male

Mr. Jeffrey Taylor

Executive Vice President - Capital Markets

Age 57

Compensation $1.995M USD

Sex Male

Name / Title	Age	Compensation	Sex
Mr. Roland Kelly General Counsel Corporate Secretary Chief Legal Officer	55	-	Male
Mr. Christopher Oltmann Treasurer Director - Investor Relations	59	-	Male
Mr. Alan Mantel Non-Executive Independent Chairman of the Board	-	-	Male
Mr. Christopher Farrar Chief Executive Officer Director	58	$5.374M USD	Male
Mr. Mark Szczepaniak Chief Financial Officer	67	$2.353M USD	Male
Mr. Jeffrey Taylor Executive Vice President - Capital Markets	57	$1.995M USD	Male

Board of Directors

From the proxy statement filed Apr 10, 2026

Directors

serving now

Independent

7 of 8

stated in the proxy

Average tenure

10.8 years

from year joined

CEO also chairs the board

Alan H. Mantel

Director	Age	On board	Independent	Committees	Other public boards	2025 pay
Dorika M. Beckett	Not stated	2020 6 years	Independent	None stated	None stated	$190,000
Michael W. Chiao	Not stated	2021 5 years	Independent	None stated	None stated	Not stated
Christopher D. Farrar CEO	Not stated	2004 22 years	Not independent	None stated	None stated	Paid as CEO
Alan H. Mantel Board chair	Not stated	2007 19 years	Independent	Compensation Committee	None stated	Not stated
Omar M. Maasarani	Not stated	2023 3 years	Independent	None stated	None stated	Not stated
John P. Pitstick	Not stated	2020 6 years	Independent	Audit Committee	None stated	$200,000
John A. Pless	Not stated	2007 19 years	Independent	Governance Committee	None stated	Not stated
Joy L. Schaefer Lead independent director	Not stated	2020 6 years	Independent	None stated	American Assets Trust, Inc.	$190,000

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

4 disclosed in the proxy filed Apr 10, 2026

Kelsey Farrar

adult child of Mr. Farrar

$581,776

2025

Employment with us as an account executive during 2025, compensated under typical arrangements for the position.

Open in proxy

Funds affiliated with Snow Phipps

Amount not stated

2025

Exercised warrants on a net settlement basis, resulting in a net issuance of 1,080,338 shares of common stock after withholding 258,828 shares.

Open in proxy

A fund affiliated with PIMCO

Amount not stated

2025

Exercised warrants to purchase an aggregate of 1,673,958 shares of common stock, settled May 2, 2025.

Open in proxy

BPC MC Trust

a Beach Point Capital affiliate

$128.9 million

December 29, 2025

Sale of non-performing loans under a Master Flow Mortgage Loan Purchase Agreement, with us retaining servicing rights via a Servicing Agreement.

Open in proxy

Comments

Company Executives

$VEL Management Team

Mr. Roland Kelly

Mr. Christopher Oltmann

Mr. Alan Mantel

Mr. Christopher Farrar

Mr. Mark Szczepaniak

Mr. Jeffrey Taylor

Board of Directors

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