DEF: Rithm Capital Corp. Announces 2025 Annual Meeting of Stockholders

Rithm Capital Corp. will hold its annual meeting of stockholders on May 22, 2025, to vote on director elections, auditor appointment, executive compensation, and other business.

Summary

• Rithm Capital Corp. is holding its Annual Meeting of Stockholders on May 22, 2025, in New York.
• Stockholders will vote on the election of two Class III director nominees, Peggy Hwan Hebard and Ranjit M. Kripalani, to serve until the 2028 annual meeting.
• They will also vote to approve the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
• Additionally, stockholders will cast a non-binding advisory vote on the compensation of the company's named executive officers.
• The record date for determining stockholders eligible to vote is April 1, 2025.
• As of April 1, 2025, there were 530,315,155 shares of Common Stock outstanding and entitled to vote.
• The Board of Directors recommends voting FOR the election of the director nominees, FOR the approval of Ernst & Young LLP, and FOR the advisory vote on executive compensation.

Sentiment

Score: 7

Explanation: The document is a standard corporate communication, presenting information in a neutral and professional tone. The recommendations of the board are positive, but overall the document is informational rather than promotional.

Positives

• The Board of Directors is recommending 'FOR' votes on all proposals, indicating confidence in the nominees and proposals.

Future Outlook

The document outlines the matters to be considered and acted upon at the 2025 Annual Meeting, providing a glimpse into the company's governance and operational focus for the upcoming year.

Management Comments

• Michael Nierenberg, Chief Executive Officer, President and Chairman of the Board of Directors, urges stockholders to vote by Internet, telephone, or by returning the proxy card.

Industry Context

This is a standard annual meeting announcement, a routine part of corporate governance for publicly traded companies.

Stakeholder Impact

• Shareholders are asked to vote on key decisions affecting the company's direction and governance.
• The outcome of the votes will influence the composition of the Board of Directors and the selection of the independent auditor.
• Executive compensation is subject to a non-binding advisory vote, reflecting shareholder input on pay practices.

Next Steps

• Stockholders should review the proxy materials and vote on the proposals.
• The company will hold the Annual Meeting on May 22, 2025.
• The company will file a Form 8-K to disclose the voting results within four business days of the Annual Meeting.

Key Dates

Keywords

Annual Meeting, Stockholders, Proxy Statement, Director Election, Ernst & Young, Executive Compensation, Voting, Rithm Capital