Rithm Capital Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Michael Nierenberg

Chief executive officer

US$20.2m

Total compensation

CEO salary percentage	6.2%
CEO tenure	11yrs
CEO ownership	0.3%
Management average tenure	1.1yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Nierenberg's remuneration changed compared to Rithm Capital's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$484m
Jun 30 2024	n/a	n/a	US$581m
Mar 31 2024	n/a	n/a	US$725m
Dec 31 2023	US$20m	US$1m	US$533m
Sep 30 2023	n/a	n/a	US$702m
Jun 30 2023	n/a	n/a	US$632m
Mar 31 2023	n/a	n/a	US$272m
Dec 31 2022	US$9m	US$654k	US$865m

Compensation vs Market: Michael's total compensation ($USD20.16M) is above average for companies of similar size in the US market ($USD7.78M).

Compensation vs Earnings: Michael's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Michael Nierenberg (61 yo)

11yrs

Tenure

US$20,160,023

Compensation

Mr. Michael Nierenberg is Chief Executive Officer and Director of Great Ajax Corp. from June 11, 2024. Mr. Nierenberg was Independent Director of Great Ajax Corp. from May 20, 2024 to June 11, 2024. Mr. Ni...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Nierenberg	Chairman	11yrs	US$20.16m	0.32% $ 18.1m
Nicola Santoro	CFO, Chief Accounting Officer & Treasurer	9.2yrs	US$2.68m	no data
Philip Sivin	MD & Chief Counsel for M&A and strategic transactions	less than a year	US$1.47m	0.0013% $ 71.3k
David Zeiden	Chief Legal Officer	less than a year	no data	no data
Charles Sorrentino	Managing Director	no data	no data	no data
Varun Wadhawan	Managing Director	no data	no data	no data
Sanjeev Khanna	Managing Director	no data	no data	no data
Kenneth Bruce	Managing Director	less than a year	no data	no data
Satish Mansukhani	Managing Director of Investment Strategy	1.5yrs	no data	no data
Martin Migliara	Managing Director	no data	no data	no data
Peter Sibilia	Managing Director	no data	no data	no data
Paul Gross	Managing Director	no data	no data	no data

1.1yrs

Average Tenure

54yo

Average Age

Experienced Management: RITM.PRD's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Nierenberg	Chairman	11yrs	US$20.16m	0.32% $ 18.1m
William Addas	Independent Director	no data	no data	no data
David Saltzman	Independent Director	11.6yrs	US$295.00k	0.021% $ 1.2m
Ranjit Kripalani	Independent Director	no data	no data	no data
Kevin Finnerty	Independent Director	11.6yrs	US$285.00k	0.062% $ 3.5m
Peggy Hwan Hebard	Independent Director	1.8yrs	US$287.00k	0.013% $ 715.0k
Patrice Le Melle	Independent Director	3yrs	US$275.00k	0.0079% $ 448.5k

3.0yrs

Average Tenure

64yo

Average Age

Experienced Board: RITM.PRD's board of directors are considered experienced (3 years average tenure).

Rithm Capital Management

Management criteria checks 1/4

Key information

Recent management updates

Rithm Capital Corp. Announces Board and Committee Changes

Rithm Capital Corp., Annual General Meeting, May 23, 2024

Rithm Capital Corp. Announces Hire of Satish Mansukhani as Managing Director in Investment Strategy

Rithm Capital Corp. Appoints Kenneth Bruce as Managing Director; Investor Relations

Rithm Capital Corp. Elects Peggy Hwan Hebard to the Board of Directors

Rithm Capital Corp. Announces Resignation of Robert J. Mcginnis as Director

Recent updates

Rithm Capital Corp. Announces Board and Committee Changes

Rithm Capital Corp. to Report Q3, 2024 Results on Oct 29, 2024

Rithm Capital Corp. has completed a Follow-on Equity Offering in the amount of $340.2 million.

Rithm Capital Corp. has completed a Follow-on Equity Offering in the amount of $342.9 million.

Rithm Capital Corp. announced delayed 10-Q filing

Rithm Capital Corp. to Report Q2, 2024 Results on Jul 31, 2024

Rithm Capital Corp. Declares a Dividend for the Second Quarter 2024, Payable on July 26, 2024

Rithm Capital Corp. to Report Q1, 2024 Results on Apr 30, 2024

Rithm Capital Corp., Annual General Meeting, May 23, 2024

Rithm Capital Corp. Declares Dividend on Common Stock for the First Quarter 2024, Payable on April 26, 2024

Rithm Capital Corp. (NYSE:RITM) announces an Equity Buyback for $200 million worth of its shares.

Rithm Capital Corp. to Report Q4, 2023 Results on Feb 07, 2024

Rithm Capital Corp. Declares Fourth Quarter 2023 Common Dividend, Payable on January 26, 2024

Rithm Capital Corp. (NYSE:RITM) completed the acquisition of Sculptor Capital Management, Inc. (NYSE:SCU) from shareholders.

Rithm Capital Corp.(NYSE:RITM) dropped from S&P Global BMI Index

Rithm Capital Corp. to Report Q3, 2023 Results on Oct 26, 2023

Rithm Capital Corp. (NYSE:RITM), American Real Estate Partners and GreenBarn Investment Group acquired Luxury 200-unit subdivision of townhomes in Ashburn, Virginia from Dream Finders Homes, Inc. (NYSE:DFH) for approximately $120 million.

Rithm Capital Corp. (NYSE:RITM), American Real Estate Partners and GreenBarn Investment Group acquired Luxury 200-unit subdivision of townhomes in Ashburn, Virginia from Dream Finders Homes, Inc. (NYSE:DFH) for approximately $120 million.

Rithm Capital Corp. (NYSE:RITM) entered into a definitive agreement to acquire Sculptor Capital Management, Inc. (NYSE:SCU) from shareholders for approximately $700 million.

Rithm Capital Corp. (NYSE:RITM) entered into a definitive agreement to acquire Sculptor Capital Management, Inc. (NYSE:SCU) from shareholders for approximately $700 million.

Rithm Capital Corp. to Report Q2, 2023 Results on Aug 02, 2023

Rithm Capital Declares Quarterly Dividend Payable on July 28, 2023

Rithm Capital Corp. Announces Hire of Satish Mansukhani as Managing Director in Investment Strategy

Rithm Capital Corp. to Report Q4, 2022 Results on Feb 08, 2023

Rithm Capital Corp. Appoints Kenneth Bruce as Managing Director; Investor Relations

Rithm Capital Corp. Elects Peggy Hwan Hebard to the Board of Directors

Rithm Capital Corp. Announces Resignation of Robert J. Mcginnis as Director

Rithm Capital Corp. (NYSE:RITM) announces an Equity Buyback for $200 million worth of its shares.

Rithm Capital Corp. (NYSE:RITM) entered into an agreement to acquire a 50% interest in Senlac Ridge Partners.

Rithm Capital Corp. to Report Q3, 2022 Results on Nov 02, 2022

New Residential Investment Corp. Declares Dividend for the Third Quarter 2022 Payable on October 28, 2022

New Residential Investment Corp. to Report Q2, 2022 Results on Aug 02, 2022

New Residential Investment Corp. Declares Dividend for the Second Quarter 2022, Payable on July 29, 2022

New Residential Investment Corp. Reports Impairment Charges for the Three Months Ended March 31, 2022

New Residential Investment Corp. Appoints Neenu Kainth as Chief Digital Officer

New Residential Investment Corp. to Report Q1, 2022 Results on May 03, 2022

New Residential Investment Corp., Annual General Meeting, May 26, 2022

New Residential Investment Corp. Announces Retirement of Douglas Jacobs as Director

New Residential Investment Corp. (NYSE:NRZ) completed the acquisition of Genesis Capital LLC from The Goldman Sachs Group, Inc. (NYSE:GS).

CEO Compensation Analysis

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Leadership Team

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