MFA Financial, Inc. Announces Appointment of Laurie Goodman as Non-Executive Chair of the Board

(Neutral)

Rhea-AI Summary

MFA Financial, Inc. (NYSE: MFA) appointed Laurie Goodman as the non-executive Chair of the Board, effective immediately, following the retirement of George H. Krauss after 24 years. Goodman, who joined the Board in 2014, has been a member of both the Nominating and Corporate Governance Committee and the Audit Committee, serving as Chair of the Audit Committee since 2017. MFA is primarily engaged in investing in residential mortgage assets, leveraging its position in the market.

Positive

Laurie Goodman brings extensive experience, having served on the Board since 2014 and as Chair of the Audit Committee since 2017.

Negative

George H. Krauss's retirement may create a leadership gap after 24 years of service.

News Market Reaction – MFA

-0.46%

-0.46% Session move

In the trading session that priced this news, MFA declined 0.46%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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06/03/2021 - 01:05 PM

NEW YORK, June 3, 2021 /PRNewswire/ -- MFA Financial, Inc. (NYSE: MFA) announced today that its Board of Directors has appointed Laurie Goodman as non-executive Chair of the Board, effective immediately. Ms. Goodman assumes the role of Board Chair from George H. Krauss, who retired from the Board after 24 years of service as a director of MFA following the company's annual meeting of stockholders held earlier in June.

Ms. Goodman has been a director of MFA since 2014 and has been a member of the Board's Nominating and Corporate Governance Committee and Audit Committee since joining the Board, and she has been Chair of the Audit Committee since 2017.

MFA Financial, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, including residential whole loans and residential mortgage-backed securities.

CONTACT:	InvestorRelations@mfafinancial.com
	212-207-6488
	www.mfafinancial.com

View original content:http://www.prnewswire.com/news-releases/mfa-financial-inc-announces-appointment-of-laurie-goodman-as-non-executive-chair-of-the-board-301305469.html

SOURCE MFA Financial, Inc.

FAQ

Who has been appointed as the new Chair of MFA Financial's Board?

Laurie Goodman has been appointed as the non-executive Chair of MFA Financial's Board.

What position did Laurie Goodman hold before becoming Chair?

Laurie Goodman was a director and the Chair of the Audit Committee prior to her appointment as Chair.

Who did Laurie Goodman replace as Chair of the Board?

Laurie Goodman replaced George H. Krauss, who retired after 24 years on the Board.

What is MFA Financial primarily involved in?

MFA Financial is primarily engaged in investing in residential mortgage assets.

When was the announcement of Laurie Goodman's appointment made?

The announcement was made on June 3, 2021.