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New Senior Investment Group Inc (SNR.N)

SNR.N on New York Stock Exchange

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Summary

Name Age Since Current Position

Wesley Edens

55 2014 Chairman of the Board

Susan Givens

40 2014 Chief Executive Officer, Director

Bhairav Patel

38 2016 Interim Chief Financial Officer, Chief Accounting Officer, Treasurer

Virgis Colbert

77 2014 Independent Director

Michael Malone

64 2014 Independent Director

Stuart McFarland

70 2014 Independent Director

David Milner

2018 Independent Director

Robert Savage

49 2016 Independent Director

Cassia Van Der Hoof Holstein

41 2014 Independent Director

Biographies

Name Description

Wesley Edens

Mr. Wesley R. Edens is Chairman of the Board of the Company. Mr. Edens has served on the Board of Directors of Drive Shack Inc. (“Drive Shack”) as chairman since its inception and served as its Chief Executive Officer from its inception until February 2007. Mr. Edens is a principal and a Co-Chairman of the Board of Directors of Fortress Investment Group LLC (“Fortress”), an affiliate of FIG LLC, our manager (our “Manager”). Mr. Edens has been a principal and a member of the Management Committee of Fortress since co-founding Fortress in May 1998. Mr. Edens is responsible for the private equity and publicly traded alternative investment businesses of Fortress. He is also Chairman of the Board of Directors of each of Florida East Coast Railway Corp., New Media Investment Group Inc., Mapeley Limited, Intrawest Resorts Holdings, Inc. and OneMain Holdings Inc. Mr. Edens also previously served on the boards of the following publicly traded companies and registered investment companies: Gaming and Leisure Properties Inc. from October 2013 to October 2016; Nationstar Mortgage Holdings Inc. from February 2012 to July 2016; Fortress Transportation and Infrastructure Investors LLC from May 2015 to May 2016; New Residential Investment Corp. from April 2013 to May 2016; Brookdale Senior Living Inc. from September 2005 to June 2014; GAGFAH S.A. from September 2006 to June 2014; Penn National Gaming Inc. from October 2008 to November 2013; GateHouse Media Inc. from June 2005 to November 2013; Aircastle Limited from August 2006 to August 2012; Rail America Inc. from November 2006 to October 2012; Eurocastle Investment Limited, from August 2003 to November 2011 and Whistler Blackcomb Holdings Inc., from October 2010 to November 2012. Prior to forming Fortress, Mr. Edens was a partner and a managing director of BlackRock Financial Management Inc., where he headed BlackRock Asset Investors, a private equity fund.

Susan Givens

Ms. Susan Givens is Chief Executive Officer, Director of the Company. Ms. Givens has served as the Chief Executive Officer of New Senior Investment Group Inc. and as a member of the board of directors since October 2014. Ms. Givens previously served as the Chief Financial Officer and Treasurer of New Residential Investment Corp. Ms. Givens has over 15 years of private equity and finance experience. Ms. Givens also serves as a Managing Director in Fortress’s Private Equity group, where she has been responsible for various financial services, real estate, infrastructure and leisure investments. In addition, Ms. Givens was also responsible for overseeing equity capital markets transactions in the Private Equity group. Prior to joining Fortress in 2006, she held various private equity and investment banking roles at Seaport Capital and Deutsche Bank. These factors and her other qualifications and skills, led our Board of Directors to conclude that Ms. Givens should serve as a director.

Bhairav Patel

Mr. Bhairav Patel serves as Interim Chief Financial Officer, Chief Accounting Officer, Treasurer of the Company. Mr. Patel is a Managing Director in Fortress’s Private Equity group. Mr. Patel joined Fortress in 2007 and has served in various capacities within the corporate accounting and finance divisions and was until recently the head of Fortress’s financial planning & analysis group. Prior to joining Fortress in 2007, Mr. Patel served as an accounting manager at GSC Group, a credit-based alternative investment manager. Mr. Patel received a Bachelor’s degree and Master’s degree in Commerce from the University of Mumbai, and is a Certified Public Accountant (inactive).

Virgis Colbert

Mr. Virgis W. Colbert is Independent Director of the Company. Mr. Colbert is a Senior Advisor to MillerCoors LLC and has served in a variety of key leadership positions with Miller Brewing Company since 1979, including Executive Vice President of Worldwide Operations from 1997 to 2005 and Senior Vice President of Operations from 1993 to 1997. Mr. Colbert is a member of the Board of Directors of The NASDAQ Stock Market LLC, NASDAQ PHLX LLC and NASDAQ BX, Inc., International Securities Exchange, LLC, ISE Gemini, LLC and ISE Mercury, LLC. Mr. Colbert also serves on the board of STAG Industrials, Inc. Mr. Colbert has previously served on the boards of Lorillard, Inc., where he was Lead Independent Director (from 2008 to 2015), Delphi Corp. (from 1999 to 2006), Merrill Lynch & Co. Inc. (from 2006 to 2008), Bank of America Corp. (from 2009 to 2013), Stanley Black & Decker (from 2002 to 2013), the Sara Lee Corporation and its successor The Hillshire Brands Company (from 2006 to 2013) and The Manitowoc Company, Inc. (from 2001 to 2012). He is Chairman Emeritus of the board for the Thurgood Marshall College Fund and former Chairman of the board of trustees for Fisk University. He is a life member of the National Association for the Advancement of Colored People.

Michael Malone

Mr. Michael D. Malone is Independent Director of the Company. Mr. Malone was appointed to the board of directors of Walker & Dunlop, Inc., a real estate financial services company, in November 2012 and serves as a member of the audit and compensation committees. Mr. Malone has served as a director of Nationstar Mortgage Holdings Inc. since 2012 and serves as chair of the nominating and corporate governance committee and member of the audit and compensation committees. From January 2008 until June 2013, Mr. Malone served as a director and a member of the compensation committee and the audit committee of Morgans Hotel Group Co. From February 2008 until February 2012, he served as a Managing Director of Fortress, where he was in charge of the Charlotte, North Carolina office and responsible for the business of the capital formation group in the southeast and southwest regions of the United States. Mr. Malone retired from Bank of America in November 2007, after nearly 24 years of service as Senior Executive Banker and Managing Director. Over those years Mr. Malone worked in and ran a number of investment banking businesses for the bank and its subsidiary, Banc of America Securities LLC, including real estate, gaming, lodging, leisure and the financial sponsors businesses. These factors and his other qualifications and skills, led our Board of Directors to conclude that Mr. Malone should serve as a director.

Stuart McFarland

Mr. Stuart A. McFarland is Independent Director of the Company. Mr. McFarland has served as a member of our Board of Directors and the Chairman of the Audit Committee since October 2014. Mr. McFarland was a Managing Partner of Federal City Capital Advisors, LLC (now dormant), where he began working in 1997. Mr. McFarland was Chairman of Federal City Bancorp, Inc. from 2005 – 2007 and President and Chief Executive Officer of Pedestal Inc., an internet secondary mortgage market trading exchange, from 1997 – 2001. Mr. McFarland was Executive Vice President and General Manager of GE Capital Mortgage Services and President and CEO of GE Capital Asset Management Corporation from 1990 to 1995. Prior to GE Capital, Mr. McFarland was President and CEO of Skyline Financial Services Corp. from 1988 – 1990. Before joining Skyline, Mr. McFarland was President and CEO of National Permanent Federal Savings Bank in Washington, D.C. from 1986 – 1987. From 1981-1986, Mr. McFarland was Executive Vice President – Operations and Chief Financial Officer with Fannie Mae (Federal National Mortgage Association). From 1972 to 1981, he was President and Director of Ticor Mortgage Insurance Company in Los Angeles, California. Mr. McFarland has served as director of Drive Shack Inc. since October 2002 and as chairman of the audit committee and a member of the nominating and corporate governance committee and compensation committee of its board of directors since November 2002. Mr. McFarland was a director of Newcastle Investment Holdings LLC (the predecessor of Drive Shack Inc.) from May 1998 until October 2002. Mr. McFarland serves as a Director of the Brookfield Investment Funds and the New America High Income Fund, Inc. and as a member of the audit committee of each company. From 2003 – 2013, Mr. McFarland served as a Director and the Lead Independent Director of the Brandywine Funds.

David Milner

Robert Savage

Mr. Robert F Savage is an Independent Director of the Company. r. Savage is President of KSH Capital Partners. Prior to founding KSH, he was Co-founder and President of KTR Capital Partners (“KTR”), a leading real estate private equity firm focused on logistics properties throughout North America, KTR and its commingled investment funds were sold in May 2015. Prior to founding KTR, Mr. Savage was Executive Vice President, Chief Operating Officer and Trustees of Keystone Property Trust (“Keystone” NYSE: KTR). Mr. Savage was a partner in the formation of Keystone in 1997 and joined the firm in an executive capacity in 2000. Keystone was sold in August 2004. Mr. Savage began his career as a financial analyst at LaSalle Partners, followed by an investment banking career at Merrill Lynch advising clients in the real estate, hospitality and gaming sectors. Mr. Savage is a Trustee of Mount Sinai Medical Center in New York and a Director of VolunteerMatch.org. Mr. Savage was appointed to the Board of New Senior pursuant to a settlement agreement with Levin Capital Strategies, L.P.

Cassia Van Der Hoof Holstein

Ms. Cassia Van Der Hoof Holstein is Independent Director of the Company. Ms. van der Hoof Holstein is Chief Partnership Integration Officer for Partners In Health (“PIH”), where she has worked since 2009. PIH is a nonprofit organization that draws on the resources of the world’s leading medical and academic institutions to bring the benefits of modern medical science to those most in need of them. She has also been Associate Director of the Global Health Delivery Partnership for the Department of Global Health and Social Medicine at Harvard Medical School since 2011. Ms. van der Hoof Holstein is a member of the Board of Directors of PIVOT, a non-profit health care delivery organization, and Chair of the Board of Plus 1, a non-profit that connects individuals to social justice causes. Ms. van der Hoof Holstein has served on the board of directors of A&K Global Health LLC, a private global healthcare management company providing medical travel services and supplies, since 2013. With Abbey Gardner, she edited Haiti After the Earthquake, published in 2012. Previously, Ms. van der Hoof Holstein was the Director of Rural Health at the Clinton HIV/AIDS Initiative (CHAI), where she worked from 2002 to 2008; Executive Producer at E*TRADE Financial, where she worked from 2000 to 2002; and a co-founder of ClearStation.com in 1999. Ms. van der Hoof Holstein studied Literature at Harvard, and began her career in global health in the Poverty Issues office of the Senate Committee on Labor and Human Resources, then chaired by Senator Edward M. Kennedy, in 1993.

Basic Compensation

Name Fiscal Year Total

Wesley Edens

--

Susan Givens

--

Bhairav Patel

1,033,350

Virgis Colbert

150,000

Michael Malone

150,000

Stuart McFarland

160,000

David Milner

--

Robert Savage

128,276

Cassia Van Der Hoof Holstein

150,000
As Of  30 Dec 2016