Rhea-AI Summary
Rithm Capital (NYSE:RITM) has appointed Ranjit Kripalani and William Addas as independent board members, effective November 1, 2024. Kripalani will serve on the Nominating and Corporate Governance Committee and chair the Mortgage and Regulatory Compliance Committee, while Addas joins the Audit and Compensation Committees. Additionally, Andrew Sloves is stepping down from his director position to join as Managing Director and investment committee member. Both new directors bring extensive capital markets experience, with Kripalani's background in mortgage trading and Addas's expertise in financial institutions and specialty finance.
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