In terms of REITs, you probably know more than I do. Sure, I'm very familiar with how banks and especially market makers operate behind the scene, but I'm not an authority beyond this when it comes to REITs.
Your board moderator here is outstanding. I find it unusual that such a highly qualified individual will be available to folks on a message board.
My compensation is my business only, I have never shared that information. However, I can tell you that an IR individual will usually start out at a base salary of about $80,000/yr. plus warrants. My setup was such that I received "cashless" warrants with a 3 year expiry. This meant that I didn't have to think about coming up with cash to convert to commons. It also let me accumulate equity without any strings attached. I paid nothing for those warrants.
I have never---not ever shorted any stock. I'm just not wired that way. There's plenty of opportunity to make money without betting against the welfare of others.
IR people always have access to others employed by the company. When I needed quantities of materials to be printed, secretaries took care of that at my direction. Mailings of those materials worked the same way. In each of my cases I was a vice president. As such, I (immediately) answered to the President and/or CEO as the case might be. Following the completion of press releases, I brought these to the President/CEO for approval. Once everything was declared OK, he would then submit the material to the Chairman. The Chairman then would decide on anything questionable, sending it back to the CEO and then me for changes. Finally, after the final draft was acceptable to upper management, my writing would go to "Legal." I'm sure that's self-explanatory. From there it went to the newswire service and would scoot around the world.
Investor Relations is a fascinating world with many aspects of interest to investors. IR guys meet regularly with company-connected banking officials, labor officials---especially when "local content" is involved. This is a reference to utilization of local employment needs when your company does a lot of business in foreign lands. "Content" refers to putting indigenous people to work and is extremely important in terms of Investor Relations.
I hope this helps others better understand part of the process.
Recent RITM News
- Rithm Capital Corp. Schedules First Quarter 2024 Earnings Release and Conference Call • Business Wire • 04/18/2024 08:45:00 PM
- Sculptor Launches Captive CLO Equity Platform with Anchor Commitment from Rithm Capital • Business Wire • 04/18/2024 01:00:00 PM
- Genesis Capital Closes Largest Ever Rated Residential Transition Loan Securitization • Business Wire • 04/09/2024 08:47:00 PM
- Rithm Capital Corp. Declares First Quarter 2024 Common and Preferred Dividends • Business Wire • 03/20/2024 09:00:00 PM
- Rithm Capital Corp. Announces Early Tender Results for Its 6.250% Senior Unsecured Notes Due 2025 • Business Wire • 03/18/2024 10:30:00 AM
- Rithm Capital Corp. Announces Pricing of Offering of Senior Unsecured Notes • Business Wire • 03/05/2024 10:15:00 PM
- Rithm Capital Corp. Announces Proposed Offering of Senior Unsecured Notes • Business Wire • 03/04/2024 12:16:00 PM
- Rithm Capital Corp. Announces Commencement of Tender Offer for 6.250% Senior Unsecured Notes Due 2025 • Business Wire • 03/04/2024 12:15:00 PM
- Rithm Capital Corp. and Great Ajax Corp. Announce a Strategic Transaction • Business Wire • 02/26/2024 10:56:00 PM
- Rithm Capital Corp. Announces Fourth Quarter and Full Year 2023 Results • Business Wire • 02/07/2024 11:45:00 AM
- Rithm Capital Corp. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call • Business Wire • 01/30/2024 11:00:00 AM
- Rithm Capital Corp. Announces Treatment of 2023 Taxable Dividends • Business Wire • 01/29/2024 10:00:00 PM
- David Werner Real Estate Investments Secures Long-term Lease Extension with Dow at Collegeville, Pennsylvania Life Sciences Campus • PR Newswire (US) • 01/16/2024 01:00:00 PM
- Rithm Capital Corp. Declares Fourth Quarter 2023 Common and Preferred Dividends • Business Wire • 12/12/2023 10:30:00 PM
- Rithm Capital Corp. Completes Acquisition of Sculptor Capital Management • Business Wire • 11/17/2023 01:41:00 PM
- Rithm Capital Partners with Darwin Homes to Form Innovative Single-Family Rental Management Technology Platform • Business Wire • 10/31/2023 12:30:00 PM
- Rithm Capital Corp. Enters into Amended Merger Agreement to Acquire Sculptor Capital Management For $12.70 Per Sculptor Class A Share • Business Wire • 10/27/2023 10:00:00 AM
- Rithm Capital Corp. Announces Third Quarter 2023 Results • Business Wire • 10/26/2023 10:45:00 AM
- Rithm Capital Issues Statement Regarding Latest Actions by Certain Former Executive Managing Directors of Sculptor • Business Wire • 10/18/2023 01:15:00 PM
- Rithm Capital Corp. Schedules Third Quarter 2023 Earnings Release and Conference Call • Business Wire • 10/17/2023 08:15:00 PM
- Rithm Capital Corp. Enters into Amended Definitive Merger Agreement to Acquire Sculptor Capital Management for $12.00 Per Sculptor Class A Share • Business Wire • 10/12/2023 11:34:00 AM
- Rithm Capital to Acquire Specialized Loan Servicing LLC • Business Wire • 10/02/2023 10:30:00 AM
- Rithm Capital Corp. Declares Third Quarter 2023 Common and Preferred Dividends • Business Wire • 09/14/2023 08:15:00 PM
- Rithm Capital Corp. Announces Second Quarter 2023 Results • Business Wire • 08/02/2023 10:45:00 AM
- Rithm Capital Corp. to Acquire Sculptor Capital Management • Business Wire • 07/24/2023 10:45:00 AM
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