Rithm Capital Management
Management criteria checks 1/4
Rithm Capital's CEO is Michael Nierenberg, appointed in Nov 2013, has a tenure of 11.17 years. total yearly compensation is $20.16M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth $18.40M. The average tenure of the management team and the board of directors is 1.3 years and 3.2 years respectively.
Key information
Michael Nierenberg
Chief executive officer
US$20.2m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | 11.2yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| 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 ($USD7.97M).
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)
11.2yrs
Tenure
US$20,160,023
Compensation
Mr. Michael Nierenberg is Chief Executive Officer and Director of Rithm Property Trust Inc. (formerly known as Great Ajax Corp.) from June 11, 2024. Mr. Nierenberg was Independent Director of Rithm Propert...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.2yrs | US$20.16m | 0.32% $ 18.4m | |
| CFO, Chief Accounting Officer & Treasurer | 9.3yrs | US$2.68m | no data | |
| MD & Chief Counsel for M&A and strategic transactions | less than a year | US$1.47m | 0.0013% $ 72.4k | |
| Chief Legal Officer | less than a year | no data | no data | |
| Managing Director | no data | no data | no data | |
| Managing Director | no data | no data | no data | |
| Managing Director | no data | no data | no data | |
| Managing Director | less than a year | no data | no data | |
| Managing Director of Investment Strategy | 1.7yrs | no data | no data | |
| Managing Director | no data | no data | no data | |
| Managing Director | no data | no data | no data | |
| Managing Director | no data | no data | no data |
1.3yrs
Average Tenure
54yo
Average Age
Experienced Management: RITM.PRD's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.2yrs | US$20.16m | 0.32% $ 18.4m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 11.8yrs | US$295.00k | 0.021% $ 1.2m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 11.8yrs | US$285.00k | 0.062% $ 3.6m | |
| Independent Director | 2yrs | US$287.00k | 0.013% $ 726.1k | |
| Independent Director | 3.2yrs | US$275.00k | 0.0079% $ 455.5k |
3.2yrs
Average Tenure
64yo
Average Age
Experienced Board: RITM.PRD's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 11:27 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rithm Capital Corp. is covered by 23 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Mark DeVries | Barclays |
| Mark DeVries | Barclays |