Ethan Lebowitz to Succeed Steven Plust as COO
by May 1, 2025
Steven Plust to remain as Senior Managing
Director
Granite Point Mortgage Trust Inc. (NYSE: GPMT) ("GPMT,"
"Granite Point" or the "Company") today announced that Ethan
Lebowitz, Managing Director, will succeed Steven Plust as Chief
Operating Officer effective no later than May 1, 2025. Mr. Lebowitz
will serve as Deputy Chief Operating Officer until the COO
transition is effective.
Following the transition, Mr. Plust will remain with Granite
Point as a Senior Managing Director full-time until his retirement
from the Company, which will be no later than December 31, 2027. In
this capacity, he will continue to serve the Company in a senior
role, including on various management committees, such as the
Company’s Investment Committee.
“I want to thank Steve for his considerable contributions so far
to Granite Point since our Company’s inception,” said Jack Taylor,
President and Chief Executive Officer of Granite Point. “Steve has
played a critical role in shaping our strategy and building our
strong operational foundation. We are pleased that we will continue
to benefit from his tremendous expertise and experience.”
Mr. Taylor continued, “Ethan has demonstrated exceptional
leadership, deep industry acumen and keen strategic vision over his
many year career with us, including at Granite Point since its
inception. I am excited to welcome him to the executive team. His
appointment reflects our deep bench of talent across the
organization and our ability to develop the next generation of
leaders.”
“Having served as Granite Point’s COO since the Company’s
inception, I believe now is the right time for me to transition the
role to Ethan’s capable hands,” said Mr. Plust. “I am proud of what
we have built at Granite Point and have the utmost confidence in
Granite Point’s future, and am focused on supporting Jack, Ethan
and the rest of the leadership team as we continue to build on our
significant momentum.”
“I am thrilled to succeed Steve as COO at this important time
for Granite Point,” said Mr. Lebowitz. “I look forward to working
alongside the executive team as we continue to execute key
initiatives to enhance our resilience and successfully navigate the
current environment and position Granite Point to drive profitable
growth.”
About Ethan Lebowitz
Ethan Lebowitz is a veteran commercial real estate leader, with
more than two decades of investment and originations experience,
who has worked with senior members of the Granite Point team for
many years, including most recently serving as a Managing Director
of Granite Point. Prior to his time at Granite Point, he was a Vice
President of Prudential Real Estate Investors within the global
high yield debt business from 2010 to 2015. He previously served in
various positions with Five Mile Capital Partners, Bank of America
and FleetBoston Financial. Mr. Lebowitz holds a B.A. from Brandeis
University in History.
About Granite Point Mortgage Trust Inc.
Granite Point Mortgage Trust Inc. is a Maryland corporation
focused on directly originating, investing in and managing senior
floating rate commercial mortgage loans and other debt and
debt-like commercial real estate investments. Granite Point is
headquartered in New York, NY. Additional information is available
at www.gpmtreit.com.
Forward-Looking Statements
This press release contains, or incorporates by reference, not
only historical information, but also forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements involve numerous risks and
uncertainties. Our actual results may differ from our beliefs,
expectations, estimates, projections and illustrations and,
consequently, you should not rely on these forward-looking
statements as predictions of future events. Forward-looking
statements are not historical in nature and can be identified by
words such as “anticipate,” “estimate,” “will,” “should,” “expect,”
“target,” “believe,” “outlook,” “potential,” “continue,” “intend,”
“seek,” “plan,” “goals,” “future,” “likely,” “may” and similar
expressions or their negative forms, or by references to strategy,
plans or intentions. The illustrative examples herein are
forward-looking statements. By their nature, forward-looking
statements speak only as of the date they are made, are not
statements of historical facts or guarantees of future performance
and are subject to risks, uncertainties, assumptions or changes in
circumstances that are difficult to predict or quantify. Our
expectations, beliefs and estimates are expressed in good faith and
we believe there is a reasonable basis for them. However, there can
be no assurance that management's expectations, beliefs and
estimates will prove to be correct or be achieved, and actual
results may vary materially from what is expressed in or indicated
by the forward-looking statements.
These forward-looking statements are subject to risks and
uncertainties, including, among other things, those described in
our Annual Report on Form 10-K for the year ended December 31,
2023, under the caption “Risk Factors,” and any subsequent Form
10-Q or other filings made with the SEC. Forward-looking statements
speak only as of the date they are made, and we undertake no
obligation to update or revise any such forward-looking statements,
whether as a result of new information, future events or
otherwise.
This press release is for informational purposes only and shall
not constitute, or form a part of, an offer to sell or buy or the
solicitation of an offer to sell or the solicitation of an offer to
buy any securities.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250107413326/en/
Investors: Chris Petta Investor Relations, Granite Point
Mortgage Trust Inc., (212) 364-5500, investors@gpmtreit.com.
Granite Point Mortgage (NYSE:GPMT)
Graphique Historique de l'Action
De Déc 2024 à Jan 2025
Granite Point Mortgage (NYSE:GPMT)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025
