MFA Financial Names William Gorin As CEO - Quick Facts

(RTTNews) - MFA Financial Inc. (MFA) announced Monday that it has appointed William Gorin as its chief executive officer, effective January 1, 2014. Gorin, who is currently MFA's president, will succeed Stewart Zimmerman, who is retiring at the end of 2013 after having served as MFA's CEO since 1997 and Chairman of the Board since 2003.

Following his retirement, Zimmerman will serve as a consultant to MFA through the end of 2014.

In addition, the company has appointed Craig Knutson as its president and chief operating officer, effective January 1, 2014. Knutson, 54, who will succeed Gorin as president of MFA and also assume the newly-created role of COO, has been an executive vice president of the company since 2008.

Gorin, 55, has been MFA's president since 2008 and a member of its Board of Directors since 2010. From 1997 to 2008, Gorin served as an executive vice president of the company, and from 2001 to September 2010, he also served as MFA's chief financial officer.