Michael Nierenberg is a 55 year old American businessman and a financial expert. He is currently the Chief Executive Officer and President of New Residential Investment Corp since 2013. He has also been the Chairman of this company since 2016. Michael Nierenberg has vast experience in the world of finance and when it comes to working for high-profile companies. His previous position before becoming the Chief Executive Officer and President of New Residential Investment Corp was with Fortress Investment Group where he was the managing director. In 2008 Michael Nierenberg held a position with the Bank of America Merrill Lynch he was the head of Global Securitized products and he was in charge of sales and trading activities. Prior he held the same position with JP Morgan that he held with Bank of America Merrill Lynch.
Michael Nierenberg previously worked for Bear Stearns also he was in charge of interest rates and foreign exchange trading operations. He also sat on the board of directors from 2006 to 2008 for Bear Stearns.
He played a major role in building Lehman Brothers adjustable rate mortgage business. Michael Nierenberg has clearly shown that he has experience in his field and is a financial success. Not only does he know how to build businesses but he also knows how to lead a businesses.
This is proven with his work history. It is clear knowing that he has sat on multiple board of directors and from the start of his career he was thrust into several leadership positions for several high-profile companies. Last but not least him becoming the Chairman, Chief Executive Officer, and President of New Residential Investment Corp only solidifies leadership capabilities and expertise when it comes to financial investments. Michael is truly an example of how hardwork and experience pays off.
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