Douglas Jacobs Net Worth

Douglas Jacobs biography

Douglas L. Jacobs serves as Independent Director of the Company. Mr. Jacobs has been a member of our Board of Directors since June 2013. Mr. Jacobs was a director of OneMain Holdings Inc. from November 2010 until June 2018, where he was Chairman of the Audit Committee. Mr. Jacobs was a director of Clear Channel Outdoor Holdings, Inc. from May 2010 until February 2018, where he served as Chairman of the Audit Committee and a member of the Compensation Committee. Mr. Jacobs was a director of Fortress Investment Group LLC (“Fortress”) from February 2007 until December 2017, where he served as Chairman of the Audit Committee and a member of the Compensation Committee. From 2009 until 2015, Mr. Jacobs was a director of Doral Financial Corporation, a financial services company. From 2004 to 2008, Mr. Jacobs was also a director of ACA Capital Holdings, Inc., a financial guaranty company, where he was Chairman of the Audit Committee and a member of the Compensation Committee and Risk Management Committee. Mr. Jacobs was a director and Chairman of the Audit Committee for Global Signal Inc. from 2004 until 2007. Mr. Jacobs also was a director of Hanover Capital Mortgage Holdings, Inc. from 2003 until 2007. From 1988 to 2003, Mr. Jacobs was at FleetBoston Financial Group, where he became an Executive Vice President and Treasurer responsible for managing the company’s funding, securitization, capital, and asset and liability management activities in addition to its securities, derivatives, and mortgage loan portfolios. Prior to joining FleetBoston, Mr. Jacobs was active in a variety of positions at Citicorp over 17 years, culminating in his role as Division Executive of the Mortgage Finance Group. Mr. Jacobs holds a Bachelor’s degree from Amherst College and a Master’s degree in Business Administration from the Wharton School of Business at the University of Pennsylvania.

What is the salary of Douglas Jacobs?

As the Independent Director of New Residential Investment Corp, the total compensation of Douglas Jacobs at New Residential Investment Corp is $220,007. There are no executives at New Residential Investment Corp getting paid more.

How old is Douglas Jacobs?

Douglas Jacobs is 73, he's been the Independent Director of New Residential Investment Corp since 2013. There are no older and 11 younger executives at New Residential Investment Corp.

What's Douglas Jacobs's mailing address?

Douglas's mailing address filed with the SEC is 1345 AVENUE OF THE AMERICAS, 45 FL, , NEW YORK, NY, 10105.

Insiders trading at New Residential Investment Corp

Over the last 12 years, insiders at New Residential Investment Corp have traded over $475,640,163 worth of New Residential Investment Corp stock and bought 1,610,974 units worth $13,998,047 . The most active insiders traders include Wesley R Edens, Loan Servicing Solutions, L..., and Michael Nierenberg. On average, New Residential Investment Corp executives and independent directors trade stock every 92 days with the average trade being worth of $15,375,068. The most recent stock trade was executed by Robert Mcginnis on 23 November 2021, trading 4,000 units of NRZ stock currently worth $100,720.

What does New Residential Investment Corp do?

New Residential is a leading provider of capital and services to the mortgage and financial services industry. The Company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a portfolio of investments and operating businesses. New Residential has built a diversified, hard-to-replicate portfolio with high-quality investment strategies that have generated returns across different interest rate environments over time. New Residential's portfolio is composed of mortgage servicing related assets (including investments in operating entities consisting of servicing, origination, and affiliated businesses), residential securities (and associated called rights) and loans, and consumer loans. New Residential's investments in operating entities include its mortgage origination and servicing subsidiary, NewRez, and its special servicing division, Shellpoint Mortgage Servicing, as well as investments in affiliated businesses that provide services that are complementary to the origination and servicing businesses and other portfolios of mortgage related assets. Since inception in 2013, New Residential has a proven track record of performance, growing and protecting the value of its assets while generating attractive risk-adjusted returns and delivering over $3.4 billion in dividends to shareholders. New Residential is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes. New Residential is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm, and headquartered in New York City.

New Residential Investment Corp executives and stock owners

New Residential Investment Corp executives and other stock owners filed with the SEC include:

• Douglas Jacobs,
  Independent Director
• Alan Tyson,
  Independent Director
• Andrew Sloves,
  Independent Director
• Robert McGinnis,
  Independent Director
• Kevin Finnerty,
  Independent Director
• David Saltzman,
  Independent Director
• Pamela Lenehan,
  Independent Director
• Michael Nierenberg,
  Chairman, Pres & CEO
• Nicola Santoro,
  Chief Financial Officer, Chief Accounting Officer, Treasurer
• Michael Nierenberg,
  Chairman of the Board, President, Chief Executive Officer
• BoHee Yoon,
  Sec.
• Cameron D. MacDougall Esq.,
  Sec.
• Kaitlyn Mauritz,
  Head of Investor Relations
• Nicola Santoro Jr.,
  CFO, Chief Accounting Officer & Treasurer
• Investment Corp Newcastle,
  10% owner
• Kenneth M Riis,
  CEO and President
• Wesley R Edens,
  Director
• Loan Servicing Solutions, L...,
  10% owner
• Melle Patrice M Le,
  Director