secwatch.observer — SEC 8-K summary
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Issuer:     TWO HARBORS INVESTMENT CORP. (TWO)
CIK:        0001465740
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001465740-24-000166
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CFO Mary Riskey retires; William Dellal named interim CFO; Blake Johnson acting CAO
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- Mary Riskey resigned as VP and CFO on Aug 1, 2024, consistent with previously announced retirement.
- William Dellal appointed VP and Interim CFO; base salary $500k/yr, guaranteed 2024 cash bonus $213,115, plus $500k RSU award in Q1 2025.
- Blake Johnson, Controller since 2018, appointed Acting Chief Accounting Officer; no new compensation.
- Dellal, 74, previously President/CFO of Caliber Home Loans and Head of Capital Markets at CitiMortgage; holds PhD from MIT.
- Dellal ineligible for Severance Benefits Plan due to interim role; additional $286,885 severance if removed without cause before first anniversary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1465740/000146574024000166/0001465740-24-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1465740/000146574024000166/two-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001465740-24-000166

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer