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MFA Financial, Inc. Mourns the Death of Board Member Frank Oelerich

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MFA Financial (NYSE: MFA) announced the unexpected passing of Board member Francis J. Oelerich III, who served as Chair of the Audit Committee and member of the Compensation Committee. CEO Craig Knutson and Board Chair Laurie Goodman expressed their condolences, highlighting Oelerich's five-plus years of valuable service to the company.

Oelerich had an extensive career in investment banking, most recently serving as Managing Director at XMS Capital Partners. His previous roles included Managing Director positions at Deutsche Bank Securities and Morgan Stanley & Co. He held an M.B.A. from Harvard University as a George F. Baker Scholar and Loeb, Rhoades Fellow, and a B.B.A. from Notre Dame.

MFA Financial (NYSE: MFA) ha annunciato la scomparsa inaspettata del membro del Consiglio Francis J. Oelerich III, che ha ricoperto il ruolo di Presidente del Comitato di Revisione e membro del Comitato di Compensazione. Il CEO Craig Knutson e il Presidente del Consiglio Laurie Goodman hanno espresso le loro condoglianze, sottolineando i più di cinque anni di prezioso servizio di Oelerich per l'azienda.

Oelerich ha avuto una carriera vasta nel settore bancario d'investimento, ricoprendo recentemente il ruolo di Direttore Generale presso XMS Capital Partners. Le sue posizioni precedenti includevano ruoli di Direttore Generale presso Deutsche Bank Securities e Morgan Stanley & Co. Possedeva un M.B.A. presso l'Università di Harvard come George F. Baker Scholar e Loeb, Rhoades Fellow, e un B.B.A. dalla Notre Dame.

MFA Financial (NYSE: MFA) anunció el fallecimiento inesperado del miembro de la Junta Francis J. Oelerich III, quien se desempeñó como Presidente del Comité de Auditoría y miembro del Comité de Compensación. El CEO Craig Knutson y la Presidenta de la Junta Laurie Goodman expresaron sus condolencias, destacando más de cinco años de valioso servicio de Oelerich a la empresa.

Oelerich tuvo una amplia carrera en banca de inversión, y más recientemente se desempeñó como Director General en XMS Capital Partners. Sus roles anteriores incluyeron posiciones de Director General en Deutsche Bank Securities y Morgan Stanley & Co. Tenía un M.B.A. de la Universidad de Harvard como George F. Baker Scholar y Loeb, Rhoades Fellow, y una B.B.A. de Notre Dame.

MFA Financial (NYSE: MFA)는 감사위원회 의장이자 보상위원회 위원이었던 이사 Francis J. Oelerich III의 예기치 않은 사망을 발표했습니다. CEO Craig Knutson과 이사회 의장 Laurie Goodman은 Oelerich가 회사를 위해 5년 이상의 귀중한 서비스를 제공한 것에 대한 애도를 표했습니다.

Oelerich는 투자은행 분야에서 광범위한 경력을 쌓았으며, 최근에는 XMS Capital Partners에서 관리 이사로 재직했습니다. 그의 이전 직책에는 Deutsche Bank Securities와 Morgan Stanley & Co.의 관리 이사가 포함되었습니다. 그는 Harvard University에서 George F. Baker Scholar 및 Loeb, Rhoades Fellow로 M.B.A.를 취득했으며, Notre Dame에서 B.B.A.를 취득했습니다.

MFA Financial (NYSE: MFA) a annoncé le décès inattendu de Francis J. Oelerich III, membre du conseil, qui était président du comité d'audit et membre du comité de rémunération. Le PDG Craig Knutson et la présidente du conseil Laurie Goodman ont exprimé leurs condoléances, mettant en avant les plus de cinq années d'un service précieux d'Oelerich pour l'entreprise.

Oelerich avait une carrière étendue dans la banque d'investissement, ayant récemment été directeur général chez XMS Capital Partners. Ses précédents postes comprenaient des fonctions de directeur général chez Deutsche Bank Securities et Morgan Stanley & Co. Il avait un M.B.A. de l'Université de Harvard en tant que George F. Baker Scholar et Loeb, Rhoades Fellow, et un B.B.A. de Notre Dame.

MFA Financial (NYSE: MFA) gab den unerwarteten Tod des Vorstandsmitglieds Francis J. Oelerich III bekannt, der als Vorsitzender des Prüfungsausschusses und Mitglied des Vergütungsausschusses diente. CEO Craig Knutson und Vorstandsvorsitzende Laurie Goodman drückten ihr Beileid aus und hoben Oelerichs mehr als fünfjährige wertvolle Dienstzeit für das Unternehmen hervor.

Oelerich hatte eine umfangreiche Karriere im Investment Banking und arbeitete zuletzt als Geschäftsführer bei XMS Capital Partners. Zuvor hatte er Geschäftsführungspositionen bei Deutsche Bank Securities und Morgan Stanley & Co. inne. Er hatte einen M.B.A. von der Harvard University als George F. Baker Scholar und Loeb, Rhoades Fellow sowie einen B.B.A. von der Notre Dame.

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NEW YORK--(BUSINESS WIRE)-- MFA Financial, Inc. (NYSE: MFA) Chief Executive Officer Craig Knutson today issued the following statement on the recent passing of MFA independent Board member Francis J. Oelerich III:

“We are deeply saddened by the unexpected passing of our Board colleague, Frank Oelerich. Frank was a dear friend for over 40 years and a trusted colleague. He provided invaluable counsel to me, my fellow Board members and our management team during his five-plus years of service on the MFA Board. He cherished his family, and our deepest sympathies are with his wife, Mary, and their family. He will be sorely missed.”

MFA’s Board Chair Laurie Goodman added, “Frank’s service to MFA was invaluable. My colleagues and I appreciated his sound advice and insights, which were always grounded in the best interests of the Company and our stockholders. We extend our heartfelt condolences to his wife and his family.”

Among Mr. Oelerich’s various Board duty assignments, he most recently served as Chair of the Audit Committee of the MFA Board, and he was also a member of the Compensation Committee of the Board.

Mr. Oelerich enjoyed a long career in investment banking and was most recently a Managing Director of XMS Capital Partners, a global, independent financial services firm providing investment banking, asset management and merchant banking services. Prior thereto, Mr. Oelerich had a long tenure as a Managing Director in the Mergers & Acquisitions Department of Deutsche Bank Securities, Inc. Mr. Oelerich also worked in investment banking for Morgan Stanley & Co. Incorporated for almost 25 years, rising to the level of Managing Director. Mr. Oelerich received an M.B.A. from Harvard University, where he was elected a George F. Baker Scholar and named a Loeb, Rhoades Fellow, and a B.B.A. (with high honors) from the University of Notre Dame.

MFA Financial, Inc. is a leading specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities and other real estate assets. Through its wholly owned subsidiary, Lima One Capital, MFA also originates and services business purpose loans for real estate investors. MFA has distributed over $4.8 billion in dividends to stockholders since its initial public offering in 1998. MFA is an internally managed, publicly traded real estate investment trust.

InvestorRelations@mfafinancial.com

212-207-6488

www.mfafinancial.com



MEDIA CONTACT:

H/Advisors Abernathy


Tom Johnson

212-371-5999

Source: MFA Financial, Inc.

FAQ

What positions did Frank Oelerich hold on MFA Financial's Board?

Frank Oelerich served as Chair of the Audit Committee and was a member of the Compensation Committee of MFA Financial's Board.

How long did Frank Oelerich serve on MFA Financial's Board?

Frank Oelerich served on MFA Financial's Board for over five years.

What was Frank Oelerich's most recent professional role before joining MFA's Board?

Frank Oelerich's most recent role was as Managing Director of XMS Capital Partners, a global independent financial services firm.

How much has MFA Financial distributed in dividends since its IPO?

MFA Financial has distributed over $4.8 billion in dividends to stockholders since its initial public offering in 1998.

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