Michael Nierenberg, the CEO and President of New Residential Investment Corp

Published / by TheRugbyUnion

Michael Nierenberg is the current chief executive officer of the New Residential Investment Corp which is based in the United States. It is one of the best investment firms which deal mainly with real estate investments and other long term ventures. Michael is aged 55, and he doubles as the chairman of the company’s board of directors. He was appointed the CEO of the company in the year 2016, and since then he has been responsible for leveraging the firm’s productivity.

Michael Nierenberg has an estimated Net worth of $ 16.5 million as of the latest forbes reports of the 22nd February 2019. He owns more than 60 00 units of the New Residential Investment Corp stock which worth’s over $ 16, 463,122. Since he joined the firm, Michael has sells 362,472 units for every 129 days.He plays a vital role in the development and growth of the company.

Michael Nierenberg is a highly reputable business professional who has worked for some of the biggest investment companies in the country. He has worked as the head of global mortgages and securitized products as well as the managing director at the Bank of America Merrill Lynch. He also worked for JP Morgan as the head of securitized products, and prior to this, he was an employee at Bear Stearns Company. He worked at Bear Stearns for fourteen years assuming positions like head of interest rates, trading operations and co-head of structured products as well as the cathead of mortgage-backed securities.

About Michael Nierenberg: https://www.business.com/advice/member/p/michael-nierenberg-1/