Granite Point Mortgage Trust Names Ethan Lebowitz as Next COO in Strategic Leadership Plan
January 7, 2025
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Granite Point Mortgage Trust Inc. (NYSE: GPMT) announced a planned leadership transition where Ethan Lebowitz will succeed Steven Plust as Chief Operating Officer by May 1, 2025. Lebowitz will serve as Deputy COO until the transition becomes effective.
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Plust will continue with the company as Senior Managing Director full-time until his retirement, which will be no later than December 31, 2027. In this role, he will remain active on various management committees, including the Company’s Investment Committee.
The transition represents an internal promotion, with Lebowitz having been with Granite Point since its inception. The company emphasizes this appointment reflects their ability to develop leadership talent internally and maintain operational continuity.
Granite Point Mortgage Trust Inc. (NYSE: GPMT) ha annunciato una transizione pianificata nella leadership, dove Ethan Lebowitz succederà a Steven Plust come Chief Operating Officer entro il 1 maggio 2025. Lebowitz ricoprirà il ruolo di Deputy COO fino all’efficacia della transizione.
Plust continuerà a lavorare in azienda come Senior Managing Director a tempo pieno fino al suo pensionamento, che avverrà entro il 31 dicembre 2027. In questo ruolo, rimarrà attivo in vari comitati di gestione, compreso il Comitato Investimenti della Società.
Questa transizione rappresenta una promozione interna, con Lebowitz che è stato con Granite Point sin dalla sua fondazione. L’azienda sottolinea che questa nomina riflette la loro capacità di sviluppare talenti di leadership internamente e mantenere la continuità operativa.
Granite Point Mortgage Trust Inc. (NYSE: GPMT) anunció una transición planeada en el liderazgo donde Ethan Lebowitz sucederá a Steven Plust como Director de Operaciones para el 1 de mayo de 2025. Lebowitz ocupará el cargo de Deputy COO hasta que la transición tome efecto.
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Plust continuará en la empresa como Director Gerente Senior a tiempo completo hasta su jubilación, que será a más tardar el 31 de diciembre de 2027. En este rol, permanecerá activo en varios comités de gestión, incluyendo el Comité de Inversiones de la Compañía.
La transición representa una promoción interna, con Lebowitz que ha estado en Granite Point desde su inicio. La empresa enfatiza que este nombramiento refleja su capacidad para desarrollar talento de liderazgo de manera interna y mantener la continuidad operativa.
Granite Point Mortgage Trust Inc. (NYSE: GPMT)는 Ethan Lebowitz가 Steven Plust를 2025년 5월 1일자로 최고 운영 책임자로 승계할 계획된 리더십 전환을 발표했습니다. Lebowitz는 전환이 이루어질 때까지 부 COO로 일할 것입니다.
Plust는 2027년 12월 31일 이전에 은퇴할 때까지 풀타임으로 선임 관리 이사로 회사에 남아 계속 활동할 것입니다. 이 역할에서 그는 회사의 투자 위원회를 포함한 다양한 관리 위원회에서 활동을 유지할 것입니다.
이번 전환은 내부 승진을 나타내며, Lebowitz는 Granite Point의 설립 초기부터 함께했습니다. 회사는 이번 임명이 내부적으로 리더십 인재를 개발하고 운영의 연속성을 유지할 수 있는 능력을 반영한다고 강조합니다.
Granite Point Mortgage Trust Inc. (NYSE: GPMT) a annoncé une transition de leadership prévue où Ethan Lebowitz succédera à Steven Plust en tant que Directeur des Opérations d’ici le 1er mai 2025. Lebowitz exercera les fonctions de Deputy COO jusqu’à ce que la transition prenne effet.
Plust continuera de travailler au sein de l’entreprise en tant que Directeur Général Senior à plein temps jusqu’à sa retraite, qui interviendra au plus tard le 31 décembre 2027. Dans ce rôle, il restera actif au sein de divers comités de direction, y compris le Comité des Investissements de l’Entreprise.
Cette transition représente une promotion interne, Lebowitz étant avec Granite Point depuis sa création. L’entreprise souligne que cette nomination reflète sa capacité à développer des talents de leadership en interne et à maintenir la continuité opérationnelle.
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Granite Point Mortgage Trust Inc. (NYSE: GPMT) gab eine geplante Führungsübertragung bekannt, in der Ethan Lebowitz Steven Plust bis zum 1. Mai 2025 als Chief Operating Officer nachfolgen wird. Lebowitz wird bis zur Inkraftsetzung des Übergangs als Deputy COO fungieren.
Plust wird bis zu seinem Ruhestand, der spätestens am 31. Dezember 2027 erfolgt, weiterhin als Senior Managing Director in Vollzeit im Unternehmen bleiben. In dieser Rolle wird er aktiv in verschiedenen Managementkomitees, einschließlich des Investitionskomitees des Unternehmens, tätig sein.
Der Übergang stellt eine interne Beförderung dar, da Lebowitz seit der Gründung von Granite Point dabei ist. Das Unternehmen hebt hervor, dass diese Ernennung ihre Fähigkeit zur Entwicklung von Führungstalent intern und zur Aufrechterhaltung der operationellen Kontinuität widerspiegelt.
Positive
- Planned and structured leadership transition maintaining operational continuity
- Retention of former COO as Senior Managing Director until 2027 preserving institutional knowledge
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
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View source version on businesswire.com:
Investors: Chris Petta Investor Relations, Granite Point Mortgage Trust Inc., (212) 364-5500, [email protected].
Source: Granite Point Mortgage Trust Inc.
FAQ
When will Ethan Lebowitz become the new COO of GPMT?
Ethan Lebowitz will become Chief Operating Officer of Granite Point Mortgage Trust no later than May 1, 2025.
How long will Steven Plust stay with GPMT after stepping down as COO?
Steven Plust will remain with GPMT as Senior Managing Director until his retirement, which will be no later than December 31, 2027.
What role will Steven Plust have at GPMT after transitioning from COO?
After stepping down as COO, Plust will serve as Senior Managing Director and continue to serve on various management committees, including the Company’s Investment Committee.
What position will Ethan Lebowitz hold at GPMT before becoming COO?
Ethan Lebowitz will serve as Deputy Chief Operating Officer until the COO transition becomes effective by May 1, 2025.
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