New Residential Investment Corp. 8-K Says Nicola Santoro Jr Appointed CFO Effective Sept 21

"The Board of Directors of New Residential Investment Corp. (the "Company") has appointed Mr. Nicola Santoro, Jr., 47, as Chief Financial Officer and Treasurer effective as of September 21, 2015. Prior to joining the Company, Mr. Santoro was employed by FXCM, Inc. from 2012 through September 2015, serving as its Chief Accounting Officer where he was responsible for directing financial reporting, accounting, tax and financial planning activities. From 2005 through 2012, Mr. Santoro was employed by the Financial Guaranty Insurance Company, serving as principal financial officer from November 2008. Mr. Santoro is a certified public accountant. The Company's officers are appointed annually by the Board of Directors. There is no arrangement or understanding between Mr. Santoro and any other person pursuant to which he was appointed as an officer of the Company. There are also no family relationships between Mr. Santoro and any director or executive officer of the Company. In connection with his appointment, the Company entered into a customary indemnification agreement with Mr. Santoro. Mr. Jonathan R. Brown, 49, the Interim Chief Financial Officer, Chief Accounting Officer and Treasurer of the Company, has resigned as Interim Chief Financial Officer and Treasurer of the Company effective as of September 21, 2015. Mr. Brown's resignation was not the result of any disagreement with the Company. Mr. Brown has been actively involved with the Company since its inception and will continue to serve as Chief Accounting Officer of the Company and as a Managing Director of the Company's manager, FIG LLC (the "Manager"), which is an affiliate of Fortress Investment Group LLC. The Company's officers are not employees of the Company and do not receive direct cash compensation for services rendered to the Company. Rather, they are employees of the Manager and are compensated by the Manager for their services to the Company as well as other entities affiliated with the Manager. The Manager has informed the Company that, because the services performed by the individuals who serve as officers of the Company are not performed exclusively for the Company, the Manager cannot segregate and identify that portion of compensation awarded to, earned by or paid to the Company's officers, including Mr. Santoro, that relates solely to his services to the Company. Outside of the fees and compensation paid to the Manager by the Company, Mr. Santoro did not have any direct or indirect material interests in any transaction with the Company or in any currently proposed transaction to which the Company is a party."