Michael Nierenberg, age fifty-five, is the Chairman, President, and CEO of New Residential Corporation. New Residential Corporation headquarters is located in New York City. He is the acting board member of Fortress Investment Company. Fortress is a company that was recently but by Softbank to help further profits across the globe, but they are still working independently as their own branch. Nierenberg joined Bank of America, Merril Lynch back in November 2008. Michael Nierenberg at the company handles the Global Mortgages, Securitized Products, the task of handling all sales, and exchanges on projects with this area of the company.
Before he was tenure at JP Morgan, Nierenberg was working as the head of Global Securitized Products, similar to Bank of America, Merril Lynch, and an acting member of the management committee. The committee of JP Morgan is an investment bank.
Before working for Bear Stearns, Michael Nierenberg worked seven years with Lehman Brothers. He an important part of building Lehman Brother’s business mortgage rate around adjustments made for it. From 2006 to 2008, Nierenberg was a member of the Board of Directors of Bear Stearn’s Company. Besides being a member of the Board of Directors, he worked for the company. During his time with the company, he held a variety of leadership roles and positions. Nierenberg was head of interest rate and international exchange trading tasks. He co-head on the structured products, mortgages backed by securities based trades. Michael Nierenberg worked with these positions through his fourteen years with the company.
Shares he traded were around 339,177. Stocks of the company are currently at a Michael Nierenberg gained these skills through his years of work and experience make him a highly qualified director of any board. The stock for the company going back almost to 0.50 around four o’ clock.
Michael Nierenberg’s: Twitter