Corporate Governance

Michael Nierenberg

Michael Nierenberg is the Chief Executive Officer, Chairman of the Board, and President of Rithm Capital. Mr. Nierenberg has worked for the Company since 2013. Mr. Nierenberg was appointed as our Chairman of the Board in May 2016, and our Chief Executive Officer and President in November 2013. Prior to becoming Chief Executive Officer of Rithm Capital, Mr. Nierenberg served as Managing Director and Head of Global Mortgages and Securitized Products at Bank of America Merrill Lynch. Mr. Nierenberg joined Bank of America Merrill Lynch in November 2008 from J.P. Morgan, where he was head of Global Securitized Products and a member of the management committee of the investment bank.

Prior to his tenure at J.P. Morgan, Mr. Nierenberg held a range of senior leadership positions during fourteen years with Bear Stearns, including Head of Interest Rate and Foreign Exchange Trading operations, Co-Head of Structured Products and Co-Head of Mortgage-Backed Securities Trading. From 2006 to 2008, he was a member of Bear Stearns’s Board of Directors. Mr. Nierenberg spent seven years at Lehman Brothers prior to joining Bear Stearns and was instrumental in building the company’s adjustable rate mortgage business.

Kevin J. Finnerty

Kevin Finnerty has been a member of our Board of Directors since April 2013. Mr. Finnerty was a member of the board of Drive Shack Inc. from August 2005 to May 2019. Mr. Finnerty is an employee of Mariner Investment Group and is the Founding Partner of Galton Capital Group, a residential mortgage credit fund manager. Mr. Finnerty is a former founder and the Managing Partner of F.I. Capital Management, an investment company focused on agency-mortgage related strategies. Previously, Mr. Finnerty was a Managing Director at J.P. Morgan Securities Inc., where he headed the Residential Mortgage Securities Department. Mr. Finnerty joined Chase Securities Inc. in December of 1999. Prior to joining Chase Securities Inc., Mr. Finnerty worked at Union Bank of Switzerland from November 1996 until February 1998, where he headed the Mortgage Backed Securities Department, and at Freddie Mac from January 1999 until June 1999, where he was a Senior Vice President. Between 1986 and 1996, Mr. Finnerty was with Bear Stearns & Co. Inc., where he was a Senior Managing Director and ultimately headed the MBS Department and served as a member of the board of directors from 1993 until 1996. Mr. Finnerty was Co-Chair of the North American People Committee at JPMorganChase and Chairman of the Mortgage and Asset-Backed Division of the Bond Market Association for the year 2003.

Peggy Hwan Hebard

Ms. Hebard is currently the Chief Financial Officer and Chief Operating Officer at the Children's Museum of Manhattan. Her prior work experience included fourteen years as a Senior Advisor to the Executive Office at The Metropolitan Museum of Art, a debt ratings analyst at Standard & Poor's, an investment banker at Credit Suisse First Boston, a consultant at PwC working with companies in the financial services industry, and an auditor at Coopers & Lybrand. She has an MBA from the Yale School of Management, a master’s degree from Johns Hopkins, and a BS from the Wharton School at the University of Pennsylvania. She holds the CFA and CPA designations.

Additionally, Ms. Hebard served on the Board of Directors of Turning Point Brands (NYSE: TPB) from September 2018 until April 2021, during which time she served on the Audit and Compensation committees and led a special committee overseeing a strategic M&A transaction.

Patrice M. Le Melle

Ms. Le Melle is currently Associate General Counsel at Columbia University. Ms. Le Melle joined Columbia University in this role in 2008, practicing in the areas of government, general contracts, privacy and data security, sponsored research, and real estate. Previously, she served as an Administrative Law Judge for the New York Department of State and as Deputy Secretary of State and Counsel to the Secretary of the State of New York. In these roles, Ms. Le Melle was crucial to providing management and legal advice and services to the Department of State operations. Ms. Le Melle began her career as an Associate in the corporate group at the law firm Richards O’Neil followed by a position as First Deputy General Counsel of the Off-Track Betting Corporation.

David Saltzman

David Saltzman has been a member of our Board of Directors since April 2013. Mr. Saltzman serves as a Senior Vice President of Two Sigma Investments, since 2017. Mr. Saltzman was the Executive Director of The Robin Hood Foundation from 1989 until 2016, and currently serves on its board of directors. Prior to joining Robin Hood, Mr. Saltzman served as the Special Assistant to the President of the Board of Education of the City of New York for three years. Before working at the Board of Education, he ran AIDS education programs for the New York City Department of Health. Mr. Saltzman began his career in public service working with homeless families for the Human Resources Administration of the City of New York, the city’s Department of Social Services. Mr. Saltzman earned a Masters of Public Policy and Administration from Columbia University and a Bachelor’s degree from Brown University. In 2001, Mr. Saltzman was named as one of Time Magazine’s 100 Innovators.

Andrew Sloves

Andrew Sloves has been a member of our Board of Directors since June 2016. Mr. Sloves is currently a trader at Isaak Bond Investments. Previously, Mr. Sloves was a Managing Director of JP Morgan Securities from 2008 to 2015, where he was the head of west coast Securitized Product Sales. Prior to his tenure at JP Morgan Securities, Mr. Sloves joined Bear Stearns in 1989, and was a Senior Managing Director of Bear Stearns from 1993 to 2008 serving in the same capacity. Mr. Sloves is currently a director of Nonstop Administration and Insurance Services, Inc., a privately held company.