Kevin J. Finnerty serves as Independent Director of the Company. Mr. 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. (“Drive Shack”) and its Audit Committee, Nominating and Corporate Governance Committee and Compensation Committee 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.
As the Independent Director of New Residential Investment Corp, the total compensation of Kevin Finnerty at New Residential Investment Corp is $200,023. There are 1 executives at New Residential Investment Corp getting paid more, with Douglas Jacobs having the highest compensation of $220,007.
Kevin Finnerty is 65, he's been the Independent Director of New Residential Investment Corp since 2013. There are 3 older and 8 younger executives at New Residential Investment Corp. The oldest executive at New Residential Investment Corp is Douglas Jacobs, 73, who is the Independent Director.
Kevin's mailing address filed with the SEC is 1345 AVENUE OF THE AMERICAS, 45 FL, , NEW YORK, NY, 10105.
Over the last 12 years, insiders at New Residential Investment Corp have traded over $475,640,163 worth of New Residential Investment Corp stock and bought 1,610,974 units worth $13,998,047 . The most active insiders traders include Wesley R Edens, Loan Servicing Solutions, L... et Michael Nierenberg. On average, New Residential Investment Corp executives and independent directors trade stock every 92 days with the average trade being worth of $15,375,068. The most recent stock trade was executed by Robert Mcginnis on 23 November 2021, trading 4,000 units of NRZ stock currently worth $100,720.
New Residential is a leading provider of capital and services to the mortgage and financial services industry. The Company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a portfolio of investments and operating businesses. New Residential has built a diversified, hard-to-replicate portfolio with high-quality investment strategies that have generated returns across different interest rate environments over time. New Residential's portfolio is composed of mortgage servicing related assets (including investments in operating entities consisting of servicing, origination, and affiliated businesses), residential securities (and associated called rights) and loans, and consumer loans. New Residential's investments in operating entities include its mortgage origination and servicing subsidiary, NewRez, and its special servicing division, Shellpoint Mortgage Servicing, as well as investments in affiliated businesses that provide services that are complementary to the origination and servicing businesses and other portfolios of mortgage related assets. Since inception in 2013, New Residential has a proven track record of performance, growing and protecting the value of its assets while generating attractive risk-adjusted returns and delivering over $3.4 billion in dividends to shareholders. New Residential is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes. New Residential is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm, and headquartered in New York City.
New Residential Investment Corp executives and other stock owners filed with the SEC include: