EX-99.1
Published on August 17, 2017
Exhibit 99.1
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MFA | ||
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350 Park Avenue | ||
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New York, New York 10022 | ||
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(212) 207-6400 |
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PRESS RELEASE |
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FOR IMMEDIATE RELEASE |
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August 17, 2017 |
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NEW YORK METRO |
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Investor Contact: |
MFA Investor Relations |
NYSE: MFA |
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212-207-6488 |
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www.mfafinancial.com |
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MFA Financial, Inc.
Announces Appointment of Craig L. Knutson as Sole CEO
and to Board of Directors
NEW YORK MFA Financial, Inc. (NYSE: MFA) announced today that its Board of Directors has elected Craig L. Knutson as sole Chief Executive Officer and a director of MFA to fill the vacancy created by the passing of William S. Gorin earlier this month. Mr. Knutson had served as MFAs Co-Chief Executive Officer since late July 2017.
Mr. Knutson, 58, who has also been President and Chief Operating Officer of MFA since January 2014, will continue in his role as President. Mr. Knutson joined MFA in 2008 as an executive vice president and served in that capacity until the end of 2013.
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 mortgage-backed securities and residential whole loans.