MFA Financial, Inc. Announces Appointment of Michael C. Roper as Chief Financial Officer
September 11 2023 - 4:30PM
Business Wire
MFA Financial, Inc. (NYSE: MFA) announced today that its Board
of Directors has appointed Michael C. Roper as Chief Financial
Officer effective at the close of business on September 15, 2023.
Mr. Roper succeeds Stephen D. Yarad, who is resigning as MFA’s
Chief Financial Officer to become chief financial officer of
another company.
Mr. Roper, 36, who has held various accounting and financial
reporting-related positions since joining MFA in 2014, has been
Senior Vice President of MFA since January 2019 and Chief
Accounting Officer of MFA since December 2021, and he will continue
in these roles.
Prior to joining MFA, Mr. Roper was the Assistant Controller for
Apollo Residential Mortgage, Inc. Mr. Roper began his career at
Ernst & Young LLP primarily focusing on providing client
services to publicly traded mortgage REITs. Mr. Roper is a
Certified Public Accountant and holds a B.S. from Bentley
University and an M.S. from Pace University.
“We are very pleased to appoint Mike Roper as MFA’s CFO,” said
Craig L. Knutson, Chief Executive Officer and President of MFA.
“Mike is a highly experienced finance and accounting professional
whose years of experience working at MFA and in the mortgage REIT
sector make him an excellent fit to succeed Steve Yarad and lead
MFA’s finance team going forward. We appreciate Steve’s 13 years of
valuable leadership and service to MFA and wish him the best as he
leaves us for his new opportunity.”
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 $4.6 billion in dividends to stockholders since
its initial public offering in 1998. MFA is an internally-managed,
publicly-traded real estate investment trust.
Category: Appointments
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