MFA Financial Management
Management criteria checks 2/4
MFA Financial's CEO is Craig Knutson, appointed in Jan 2014, has a tenure of 10.42 years. total yearly compensation is $6.64M, comprised of 12% salary and 88% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth $6.55M. The average tenure of the management team and the board of directors is 4 years and 5.1 years respectively.
Key information
Craig Knutson
Chief executive officer
US$6.6m
Total compensation
| CEO salary percentage | 12.0% |
| CEO tenure | 10.4yrs |
| CEO ownership | 0.6% |
| Management average tenure | 4yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$2m |
| Dec 31 2023 | US$7m | US$800k | US$47m |
| Sep 30 2023 | n/a | n/a | -US$36m |
| Jun 30 2023 | n/a | n/a | -US$35m |
| Mar 31 2023 | n/a | n/a | -US$109m |
| Dec 31 2022 | US$6m | US$800k | -US$265m |
| Sep 30 2022 | n/a | n/a | -US$228m |
| Jun 30 2022 | n/a | n/a | -US$40m |
| Mar 31 2022 | n/a | n/a | US$127m |
| Dec 31 2021 | US$7m | US$800k | US$295m |
| Sep 30 2021 | n/a | n/a | US$297m |
| Jun 30 2021 | n/a | n/a | US$252m |
| Mar 31 2021 | n/a | n/a | US$282m |
| Dec 31 2020 | US$5m | US$800k | -US$709m |
| Sep 30 2020 | n/a | n/a | -US$650m |
| Jun 30 2020 | n/a | n/a | -US$638m |
| Mar 31 2020 | n/a | n/a | -US$637m |
| Dec 31 2019 | US$5m | US$700k | US$362m |
| Sep 30 2019 | n/a | n/a | US$322m |
| Jun 30 2019 | n/a | n/a | US$314m |
| Mar 31 2019 | n/a | n/a | US$291m |
| Dec 31 2018 | US$5m | US$700k | US$286m |
| Sep 30 2018 | n/a | n/a | US$325m |
| Jun 30 2018 | n/a | n/a | US$302m |
| Mar 31 2018 | n/a | n/a | US$311m |
| Dec 31 2017 | US$4m | US$700k | US$307m |
Compensation vs Market: Craig's total compensation ($USD6.64M) is above average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Craig's compensation has increased whilst the company is unprofitable.
CEO
Craig Knutson (65 yo)
10.4yrs
Tenure
US$6,640,540
Compensation
Mr. Craig L. Knutson has been the Chief Executive Officer and President of MFA Financial, Inc. since August 16, 2017 and January 1, 2014 respectively. Mr. Knutson served as Co-Chief Executive Officer of MF...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.4yrs | US$6.64m | 0.60% $ 6.5m | |
| Senior VP & CFO | less than a year | US$1.31m | 0.031% $ 344.4k | |
| Senior VP & Co-Chief Investment Officer | 5.4yrs | US$3.37m | 0.16% $ 1.7m | |
| Senior VP & Co-Chief Investment Officer | 5.4yrs | US$3.37m | 0.13% $ 1.4m | |
| Senior VP | no data | US$1.76m | 0.063% $ 691.1k | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| Senior VP & CTO | 7.3yrs | no data | no data | |
| Senior VP & Co-Controller | 2.5yrs | no data | 0.012% $ 127.8k | |
| Senior VP & Co-Controller | 2.5yrs | no data | 0.011% $ 121.9k |
4.0yrs
Average Tenure
43.5yo
Average Age
Experienced Management: MFA.PRC's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | US$6.64m | 0.60% $ 6.5m | |
| Independent Director | 4.4yrs | US$283.75k | 0.047% $ 519.7k | |
| Independent Director | 14.4yrs | US$300.00k | 0.096% $ 1.1m | |
| Independent Non-Executive Chair of the Board | 9.9yrs | US$385.00k | 0.095% $ 1.0m | |
| Independent Director | 2.5yrs | US$270.00k | 0.024% $ 260.8k | |
| Independent Director | 4yrs | US$270.00k | 0.047% $ 519.7k | |
| Independent Director | 5.1yrs | US$300.00k | 0.057% $ 627.6k |
5.1yrs
Average Tenure
65yo
Average Age
Experienced Board: MFA.PRC's board of directors are considered experienced (5.1 years average tenure).