Apollo Commercial Real Estate Finance, Inc. Appoints Anastasia Mironova as Chief Financial Officer
Apollo Commercial Real Estate Finance (NYSE: ARI) announced the appointment of Anastasia Mironova as Chief Financial Officer, Secretary, and Treasurer. She brings over 15 years of experience in public accounting with expertise in the commercial real estate finance sector. Prior to joining ARI, Mironova held positions at BDO USA and Deloitte, focusing on public REITs. CEO Stuart Rothstein will serve as interim CFO until Mironova starts in Q2 2021. This leadership change is expected to strengthen ARI’s business.
- Appointment of Anastasia Mironova expected to strengthen financial leadership.
- Mironova brings over 15 years of industry experience, enhancing ARI's operational insights.
- Expertise in public REITs will be beneficial for navigating complex financial regulations.
- Interim leadership by Stuart Rothstein may affect continuity during transition.
- Absence of CFO prior to Mironova's start could lead to potential operational risks.
NEW YORK, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors appointed Anastasia Mironova to the positions of Chief Financial Officer, Secretary and Treasurer of the Company.
“We are excited to welcome Anastasia to ARI, where she will bring a deep knowledge and understanding of our industry after spending more than 15 years in public accounting, focused on the commercial real estate finance sector,” said Stuart Rothstein, Chief Executive Officer and President of the Company. “We are confident her leadership and expertise will benefit the Company and our stockholders as we continue to grow ARI’s business.”
Prior to Ms. Mironova’s start, Stuart Rothstein, ARI’s Chief Executive Officer and President, will serve as interim Chief Financial Officer, Secretary and Treasurer from the period in between the departure of Jai Agarwal at the end of January and Ms. Mironova’s start date, which is expected to be at the beginning of the second quarter of 2021.
Ms. Mironova joins ARI from BDO USA, LLP, where she served as a partner focused on public REITs and debt funds. Prior to BDO, Ms. Mironova spent 15 years at Deloitte (including her tenure in Deloitte & Touche LLP in the United States and Deloitte CIS in Russia), where her main area of focus was public mortgage REITs. Importantly, Ms. Mironova guided several clients in ARI’s industry through the implementation of many new accounting pronouncements and most recently, the implementation of the Current Expected Credit Loss (CECL) standard. She graduated from the Finance Academy under the Government of the Russian Federation with a Masters in Finance and Credit. She is a Certified Public Accountant and is a member of both the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. Ms. Mironova also is a member of the National Association of Real Estate Investment Trusts.
About Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a high-growth, global alternative asset manager with approximately
Additional information can be found on the Company’s website at www.apolloreit.com.
Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company’s control. These forward-looking statements include information about possible or assumed future results of the Company’s business, financial condition, liquidity, results of operations, plans and objectives. When used in this release, the words believe, expect, anticipate, estimate, plan, continue, intend, should, may or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: macro- and micro-economic impact of the COVID-19 pandemic; the severity and duration of the COVID-19 pandemic; actions taken by governmental authorities to contain the COVID-19 pandemic or treat its impact; the impact of the COVID-19 pandemic on the Company’s financial condition, results of operations, liquidity and capital resources; market trends in the Company’s industry, interest rates, real estate values, the debt securities markets or the general economy; the timing and amounts of expected future fundings of unfunded commitments; the return on equity; the yield on investments; the ability to borrow to finance assets; the Company’s ability to deploy the proceeds of its capital raises or acquire its target assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements, and other risks, uncertainties and factors are based on the Company’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Forward-looking statements are not predictions of future events. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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