Thomas E. Siering has a background in finance and holds a Bachelor's degree from the University of Minnesota. He served as the CEO of Two Harbors Investment Corporation from January 2013 until June 2020, a time when he significantly shaped...

Thomas E. Siering has a background in finance and holds a Bachelor's degree from the University of Minnesota. He served as the CEO of Two Harbors Investment Corporation from January 2013 until June 2020, a time when he significantly shaped the company's growth strategy. Interestingly, in his final year as CEO in 2020, he did not receive a salary or bonus, which aligns with his commitment to a pay-for-performance philosophy, emphasizing that he was not about just cash incentives. He was also the CEO of Granite Point Mortgage Trust from May 2017 to June 2020, showing his extensive experience in the mortgage industry. Before deciding not to stand for re-election in April 2020, he made an impact on the board by ensuring financial performance was always the focus. Notably, Siering had amassed over 1 million shares of Two Harbors, reflecting his deep financial commitment to the company. This kind of alignment between ownership and roles is something that all CEOs could learn from.