Michael Nierenberg is the Lead Executive Officer, President and Chairman of the Board of New Residential. Nierenberg has been part of the Board of Directors since November 2013, since her was made Lead Executive Officer and President. He was named Chairman of the Board in May 2016. Visit Newresi.com to know more about Michael Nierenebrg.
Before he became the Lead Executive Officer of New Residential, Nierenberg was the head director as well as head of Universal Mortgages and Securitized merchandise of Bank of America Merill Lynch, there he had the responsibility of all deals and trading actions inside the division. He joined Bank of America Merill Lynch from JP Morgan in 2008.
At JP Morgan Michael Nierenberg was the head of Global Securitized merchandise as well as a member of the Director committee of the investment bank. Before his term at JP Morgan, Michael Nierenberg held a variety of senior leadership positions over a decade with Bear Stearns such as; head of interest rate as well as overseas exchange trading performance, co-head of constructional products as well as co-head of mortgage-backed securities trading. Read more at Reuters about Michael Nierenebrg.