The estimated Net Worth of Andrew Sloves is at least 225 千$ dollars as of 29 May 2020. Mr. Sloves owns over 3,600 units of New Residential Investment Corp stock worth over 25,047$ and over the last 8 years he sold NRZ stock worth over 0$. In addition, he makes 200,023$ as Independent Director at New Residential Investment Corp.
Andrew has made over 7 trades of the New Residential Investment Corp stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 3,600 units of NRZ stock worth 26,244$ on 29 May 2020.
The largest trade he's ever made was buying 13,200 units of New Residential Investment Corp stock on 11 November 2016 worth over 187,704$. On average, Andrew trades about 1,845 units every 59 days since 2016. As of 29 May 2020 he still owns at least 2,300 units of New Residential Investment Corp stock.
You can see the complete history of Mr. Sloves stock trades at the bottom of the page.
Andrew Sloves serves as Independent Director of the Company. Mr. Sloves has been a member of our Board of Directors since June 2016. Mr. Sloves is currently a trader at Isaak Bond Investments. Previously, Mr. Sloves was a Managing Director of JP Morgan Securities from 2008 to 2015, where he was the head of west coast Securitized Product Sales. Prior to his tenure at JP Morgan Securities, Mr. Sloves joined Bear Stearns in 1989, and was a Senior Managing Director of Bear Stearns from 1993 to 2008 serving in the same capacity. Mr. Sloves is currently a director of Nonstop Administration and Insurance Services, Inc., a privately held company. Mr. Sloves currently serves as a member of the board of directors of Temple Shalom of the South Bay, and as a member of the board of trustees of Rolling Hills Preparatory School, where he also serves as a member of the Finance Committee. Mr. Sloves holds a Bachelor’s degree from Pomona College.
As the Independent Director of New Residential Investment Corp, the total compensation of Andrew Sloves at New Residential Investment Corp is 200,023$. There are 1 executives at New Residential Investment Corp getting paid more, with Douglas Jacobs having the highest compensation of 220,007$.
Andrew Sloves is 56, he's been the Independent Director of New Residential Investment Corp since 2016. There are 8 older and 3 younger executives at New Residential Investment Corp. The oldest executive at New Residential Investment Corp is Douglas Jacobs, 73, who is the Independent Director.
Andrew's mailing address filed with the SEC is 1345 6th Ave, New York, NY 10105, USA.
Over the last 12 years, insiders at New Residential Investment Corp have traded over 475,640,163$ 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...、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$. The most recent stock trade was executed by Robert Mcginnis on 23 November 2021, trading 4,000 units of NRZ stock currently worth 100,720$.
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 other stock owners filed with the SEC include: