Management ChangeAug 13, 2026, 06:08 AM
Starwood Property Trust Appoints Jeffrey DiModica to Board
AI Summary
Starwood Property Trust, Inc. announced the appointment of Jeffrey F. DiModica to its Board of Directors, effective August 10, 2026. Mr. DiModica, who has served as the Company's President since 2014, will also join the Investment Committee. Concurrently, Jeffrey G. Dishner resigned from the Board and its Investment Committee, having served since the Company's inception in 2009. His resignation was not due to any disagreement with the Company's operations or policies.
Key Highlights
- Jeffrey F. DiModica appointed to Starwood Property Trust's Board of Directors, effective August 10, 2026.
- Mr. DiModica will also serve as a member of the Investment Committee of the Board.
- He has served as President of the Company since 2014, leading business lines with $31 billion in assets.
- Mr. DiModica previously served as a director of the Company from its inception in 2009 until July 2014.
- Jeffrey G. Dishner resigned from the Board and its Investment Committee, effective August 10, 2026.
- Mr. Dishner served as a Board member since the Company's inception in 2009, totaling 17 years of service.
- Mr. DiModica will not receive compensation for Board service and is not considered an independent director.
Price Impact
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