Michael Nierenberg has been the CEO of Rithm Capital Corp. since 2013. He brings a wealth of experience from leading roles in big financial firms like Bank of America and JP Morgan. At Rithm, he focuses on finance strategies that...
Michael Nierenberg has been the CEO of Rithm Capital Corp. since 2013. He brings a wealth of experience from leading roles in big financial firms like Bank of America and JP Morgan. At Rithm, he focuses on finance strategies that align with the company's goals. In 2023, he earned a total compensation of over $20 million, including a large bonus tied to company performance. Intriguingly, Nierenberg's insider trading activities show he consistently holds a significant amount of company stock, peaking at nearly $23.3 million in early 2024. This deep involvement often indicates a strong confidence in his company's future. Nierenberg's journey involves various positions, each building upon his financial expertise and leadership skills, making him a pivotal figure at Rithm. Additionally, he has an employment agreement ensuring his focus on long-term success, underlining his commitment to the company's growth.