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Two Harbors (TWO) Appoints Brad Farrell as CFO, Treasurer

September 26, 2011 8:26 AM EDT
Two Harbors Investment Corp. (NYSE: TWO) today announced the appointment of Mr. Brad Farrell as Chief Financial Officer and Treasurer, effective January 1, 2012. Two Harbors’ current CFO, Mr. Jeffrey Stolt, shall remain in his role until that date and thereafter continue to serve as Partner and Chief Financial Officer of Pine River Capital Management L.P., the parent of PRCM Advisers LLC, Two Harbors’ external manager.

Prior to joining Two Harbors, Mr. Farrell was Vice President and Executive Director of External Reporting at GMAC ResCap, a diversified real estate finance company, and prior to that, held positions of increasing responsibility at XL Capital, Ltd (NYSE: XL), a global insurance underwriter. He began his career in audit for KPMG and gained experience managing US GAAP implementation and Securities Exchange Act compliance engagements for foreign filers in the firm’s London practice. Mr. Farrell is a Certified Public Accountant (inactive) and holds a Bachelor of Business Administration degree from Drake University in Des Moines, Iowa.


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