Two Harbors Investment Management
Management criteria checks 3/4
Two Harbors Investment's CEO is Bill Greenberg, appointed in Jun 2020, has a tenure of 3.83 years. total yearly compensation is $6.10M, comprised of 14.3% salary and 85.7% bonuses, including company stock and options. directly owns 0.091% of the company’s shares, worth $1.15M. The average tenure of the management team and the board of directors is 4.7 years and 9.9 years respectively.
Key information
Bill Greenberg
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 14.3% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.09% |
| Management average tenure | 4.7yrs |
| Board average tenure | 9.9yrs |
Recent management updates
Recent updates
Two Harbors: A Mortgage REIT Recovery Play With A 13% Yield
Jan 07Two Harbors Investment: Mark-To-Market Books Can Be Deceiving
Sep 11Two Harbors: One Yield Gets Fatter, The Other Is Cut
Jun 26Two Harbors: Two Yields
Feb 23Two Harbors: The Book Value Is Still The Issue
Feb 17Two Harbors Investment announces 10M share offering
Feb 02Two Harbors Investment declares $0.60 dividend
Dec 19Two Harbors Investment Non-GAAP EPS of $0.64 misses by $0.15, net interest income of $11.04M
Nov 08Two Harbors Investment dips 4% on prelim FQ3 numbers
Oct 12Two Harbors Investment declares $0.17 dividend
Sep 21Two Harbors: Things Will Stabilize
Aug 22Two Harbors: There Is Potential, But It's Not A Buy Yet
Jun 10Two Harbors: An mREIT With An 11.26% Dividend Yield
Dec 12Two Harbors May Have Sizable Upside When Spreads Normalize
Sep 18Two Harbors jumps 7.5% on addition to SmallCap 600
Jun 16Two Harbors: This mREIT With A 9.5% Yield Is Now A Buy
May 10Two Harbors Investment Corp. 2021 Q1 - Results - Earnings Call Presentation
May 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$6m | US$875k | -US$153m |
| Sep 30 2023 | n/a | n/a | US$29m |
| Jun 30 2023 | n/a | n/a | -US$924k |
| Mar 31 2023 | n/a | n/a | -US$274m |
| Dec 31 2022 | US$4m | US$875k | US$186m |
| Sep 30 2022 | n/a | n/a | US$432m |
| Jun 30 2022 | n/a | n/a | US$222m |
| Mar 31 2022 | n/a | n/a | US$176m |
| Dec 31 2021 | US$5m | US$829k | US$128m |
| Sep 30 2021 | n/a | n/a | US$335m |
| Jun 30 2021 | n/a | n/a | US$466m |
| Mar 31 2021 | n/a | n/a | US$405m |
| Dec 31 2020 | US$3m | US$229k | -US$2b |
Compensation vs Market: Bill's total compensation ($USD6.10M) is about average for companies of similar size in the US market ($USD5.57M).
Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.
CEO
Bill Greenberg (55 yo)
3.8yrs
Tenure
US$6,098,678
Compensation
Mr. William Ross Greenberg, also known as Bill, served as Chief Investment Officer of Two Harbors Investment Corp. since June 30, 2021 until 2022. He serves as President and Chief Executive Officer at Two...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$6.10m | 0.091% $ 1.1m | |
| VP & CFO | 5.5yrs | US$2.01m | 0.037% $ 462.0k | |
| VP & Chief Investment Officer | 1.7yrs | US$3.80m | 0.014% $ 174.6k | |
| VP, Chief Legal Officer | 11.9yrs | US$2.46m | 0.061% $ 763.5k | |
| VP & Chief Risk Officer | 10.6yrs | US$1.92m | 0.033% $ 414.9k | |
| VP & COO | 1.3yrs | no data | 0.022% $ 277.3k | |
| VP & CTO | 4.3yrs | no data | 0.017% $ 212.0k | |
| VP & Chief Administrative Officer | no data | no data | 0.016% $ 196.1k | |
| Head of Investor Relations | no data | no data | no data | |
| VP & Treasurer | 5.2yrs | no data | no data |
4.7yrs
Average Tenure
53yo
Average Age
Experienced Management: TWO's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.6yrs | US$6.10m | 0.091% $ 1.1m | |
| Independent Chairman of the Board | 14.5yrs | US$586.00k | 0.046% $ 582.9k | |
| Independent Director | 10.9yrs | US$231.00k | 0.017% $ 208.1k | |
| Independent Director | 5.8yrs | US$216.00k | 0.034% $ 422.5k | |
| Independent Director | 14.5yrs | US$216.00k | 0.035% $ 439.8k | |
| Independent Director | 9.9yrs | US$231.00k | 0.016% $ 206.6k | |
| Independent Director | 11.9yrs | US$231.00k | 0.026% $ 320.7k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.8yrs | US$216.00k | 0.028% $ 352.8k |
9.9yrs
Average Tenure
67yo
Average Age
Experienced Board: TWO's board of directors are considered experienced (9.9 years average tenure).