Rithm Capital Management

Management criteria checks 2/4

Rithm Capital's CEO is Michael Nierenberg, appointed in Nov 2013, has a tenure of 11.92 years. total yearly compensation is $21.07M, comprised of 5.1% salary and 94.9% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth $18.28M. The average tenure of the management team and the board of directors is 1.6 years and 3.9 years respectively.

Key information

Michael Nierenberg

Chief executive officer

US$21.1m

Total compensation

CEO salary percentage	5.07%
CEO tenure	11.9yrs
CEO ownership	0.3%
Management average tenure	1.6yrs
Board average tenure	3.9yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Michael Nierenberg's remuneration changed compared to Rithm Capital's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2025	n/a	n/a	US$681m
Mar 31 2025	n/a	n/a	US$610m
Dec 31 2024	US$21m	US$1m	US$835m
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 ($USD21.07M) is above average for companies of similar size in the US market ($USD8.62M).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.

CEO

Michael Nierenberg (62 yo)

11.9yrs

Tenure

US$21,069,074

Compensation

Mr. Michael Nierenberg is Chairman of the Board at Rithm Acquisition Corp. since January 2025 and has been its Chief Executive Officer since November 2024 and is also its President. He is Chief Executive O...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Nierenberg	Chairman	11.9yrs	US$21.07m	0.31% $ 18.3m
Nicola Santoro	CFO, Chief Accounting Officer & Treasurer	10.1yrs	US$2.55m	no data
David Zeiden	Chief Legal Officer	1.5yrs	US$2.07m	0% $ 0
Andrew Sloves	Managing Director	less than a year	US$241.91k	0% $ 0
Philip Sivin	MD, Chief Counsel for M&A and Strategic Transactions and Secretary	no data	US$1.72m	0.0041% $ 242.4k
Charles Sorrentino	MD & Head of Investments	less than a year	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	1.6yrs	no data	no data
Satish Mansukhani	Managing Director of Investment Strategy	2.4yrs	no data	no data
Martin Migliara	Managing Director	no data	no data	no data
Peter Sibilia	Managing Director	no data	no data	no data

1.6yrs

Average Tenure

55yo

Average Age

Experienced Management: RITM.PRE's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Nierenberg	Chairman	11.9yrs	US$21.07m	0.31% $ 18.3m
William Addas	Independent Director	less than a year	US$41.45k	0.0033% $ 192.8k
David Saltzman	Independent Director	12.5yrs	US$295.01k	0.024% $ 1.4m
Ranjit Kripalani	Independent Director	less than a year	US$43.10k	0.0026% $ 155.5k
Kevin Finnerty	Independent Director	12.5yrs	US$285.01k	0.063% $ 3.7m
Peggy Hwan Hebard	Independent Director	2.8yrs	US$295.01k	0.015% $ 886.3k
Patrice Le Melle	Independent Director	3.9yrs	US$275.00k	0.010% $ 605.5k

3.9yrs

Average Tenure

65yo

Average Age

Experienced Board: RITM.PRE's board of directors are considered experienced (3.9 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/06 09:38
End of Day Share Price	2025/10/03 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Rithm Capital Corp. is covered by 22 analysts. 7 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