MFA Financial Appoints New CFO, David W. Johnson

TL;DR

MFA Financial names David W. Johnson as new CFO, replacing Robert A. Allen.

AI Summary

MFA Financial, Inc. announced on August 20, 2024, the appointment of David W. Johnson as Chief Financial Officer, effective immediately. Johnson previously served as the company's Chief Accounting Officer and will receive an annual base salary of $375,000, along with other standard executive compensation and benefits. This appointment follows the departure of former CFO, Robert A. Allen.

Why It Matters

The appointment of a new CFO is a significant leadership change that can impact the company's financial strategy and investor confidence.

Risk Assessment

Risk Level: low — This filing primarily concerns an executive appointment and standard compensation, which typically carries low risk.

Key Numbers

• $375,000 — CFO Base Salary (Annual compensation for the new Chief Financial Officer, David W. Johnson.)

Key Players & Entities

• MFA Financial, Inc. (company) — The company filing the report.
• David W. Johnson (person) — Newly appointed Chief Financial Officer.
• $375,000 (dollar_amount) — Annual base salary for the new CFO.
• Robert A. Allen (person) — Former Chief Financial Officer.

FAQ

Key Financial Figures

• $0.01 — registered: Common Stock, par value $0.01 per share MFA New York Stock Exchan

Filing Documents

• tm2422405d1_8k.htm (8-K) — 42KB
• tm2422405d1_ex99-1.htm (EX-99.1) — 8KB
• 0001104659-24-091997.txt ( ) — 289KB
• mfa-20240820.xsd (EX-101.SCH) — 4KB
• mfa-20240820_def.xml (EX-101.DEF) — 27KB
• mfa-20240820_lab.xml (EX-101.LAB) — 38KB
• mfa-20240820_pre.xml (EX-101.PRE) — 26KB
• tm2422405d1_8k_htm.xml (XML) — 9KB

02. Departure of Directors or Certain Officers; Election

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) and (c) On August 21, 2024, MFA Financial, Inc. ("MFA" or the "Company") announced various leadership changes, as discussed below in this Current Report on Form 8-K. On August 20, 2024, the Board of Directors of the Company appointed Bryan Wulfsohn, MFA's Senior Vice President and Co-Chief Investment Officer, as President of the Company, effective September 3, 2024. Mr. Wulfsohn will assume the role of President from Craig L. Knutson, the Company's current Chief Executive Officer and President, who will remain MFA's Chief Executive Officer. In connection with Mr. Wulfsohn's appointment as President, Mr. Knutson will no longer serve as President and Mr. Wulfsohn will no longer serve as Senior Vice President, in each case effective September 3, 2024. Mr. Wulfsohn, 42, joined MFA in 2010, and he has been Senior Vice President of the Company since 2015 and Co-Chief Investment Officer of the Company since January 2019. Biographical information regarding Mr. Wulfsohn has been previously reported in the Company's 2024 Proxy Statement as filed with the Securities and Exchange Commission (the "SEC") on April 22, 2024. Mr. Wulfsohn will continue to receive the compensation and benefits described in his existing employment agreement with the Company, effective as of January 1, 2021, as amended by amendment no. 1 thereto, dated as of May 3, 2022, each as previously filed with the SEC. Mr. Wulfsohn has also previously entered into the Company's standard director and executive officer indemnification agreement, the form of which was filed as Exhibit 10.1 to the Company's Report on Form 8-K filed on May 19, 2020. There are no other arrangements or understandings between Mr. Wulfsohn and any other person pursuant to which he was appointed as the Company's President. There are also no family relationships between Mr.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure A copy of the press release (the "Press Release") reporting on Mr. Wulfsohn's and Ms. Samuels' appointments and Mr. Kristjansson's departure from the Company is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The Press Release is being "furnished" and, as such, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The Press Release is and will not be incorporated by reference into any registration statement or other document filed by MFA pursuant to the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits 99.1 Press Release, dated August 21, 2024, of MFA Financial, Inc. 104 Cover Page Interactive Data File (formatted as Inline XBRL). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MFA FINANCIAL, INC. (REGISTRANT) By: /s/ Harold E. Schwartz Name: Harold E. Schwartz Title: Senior Vice President andGeneral Counsel Date: August 22, 2024

View Full Filing

View this 8-K filing on SEC EDGAR