Key Takeaways
- • Rithm Capital Corp. (NYSE: RITM) appointed Ann DeVries as Head of Investor Relations, effective September 2026, to strengthen engagement with shareholders, prospective investors, and sell-side analysts.
- • DeVries brings 25+ years of experience in investor relations and strategic finance, most recently serving as Head of Strategic Finance and Investor Relations at Banc of California (NYSE: BANC), where she led IR efforts and partnered on strategic initiatives.
- • The appointment supports Rithm's strategy to communicate its integrated platform model—combining asset management operations with operating companies—and articulate the owner-operator advantage to the investment community.
- • DeVries will lead development and execution of Rithm's IR strategy, working across senior leadership and platform teams to communicate business model, financial performance, and long-term growth priorities.
- • CEO Michael Nierenberg cited "continued momentum" of Rithm's integrated platform and "growing interest" from shareholders and third-party investors as drivers for the appointment.
Summary
DeVries brings substantial experience to the role, with more than 25 years in investor relations and strategic finance. Prior to joining Rithm, she served as Head of Strategic Finance and Investor Relations at Banc of California (NYSE: BANC), where she directed the bank's investor relations function and collaborated with senior management on strategic initiatives, financial analysis, and corporate planning. Her appointment reflects a strategic priority at Rithm to strengthen institutional dialogue and investor understanding of the company's platform architecture.
Rithm Chief Executive Officer Michael Nierenberg framed the appointment within the context of the company's integrated platform strategy. According to Nierenberg, the appointment reflects "continued momentum" of Rithm's integrated platform and increasing shareholder and third-party investor interest in understanding how the asset management business and operating companies work together. He emphasized that DeVries's "strong experience leading IR functions and deep relationship network" will be instrumental in strengthening dialogue with the investment community and articulating how Rithm's integrated platform and owner-operator advantages support the company's strategy and growth trajectory.
The timing of the appointment aligns with Rithm's positioning as a global alternative asset manager with an expanding institutional investor base. The role underscores management's recognition that articulating the value proposition of a diversified, integrated platform—where asset management and operating companies generate synergistic benefits—requires sustained, sophisticated engagement with institutional capital sources, equity research analysts, and prospective investors evaluating the company's competitive positioning and growth prospects.
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