Honoring the Legacy of W. Reid Sanders at TWO
Two Harbors Investment Corp (NYSE: TWO) has experienced profound loss with the passing of W. Reid Sanders, a respected member of its Board of Directors since the company began its journey. His contributions since 2009 have been invaluable, shaping the company into what it is today.
Reflections from Leadership
Stephen Kasnet, the Chairman of the Board, expressed his deep sorrow over the loss, stating, "It is with great sadness that I reflect upon the passing of my friend and fellow Board member, Reid Sanders. Reid was an integral part of TWO’s Board of Directors, helping guide the company through many years of growth and innovation. He will be greatly missed by his friends, family, and all who had the experience of meeting him." His words encapsulate the respect and admiration shared by all who knew Reid.
A Tribute to a Lifelong Mentor
President and CEO Bill Greenberg echoed this sentiment, emphasizing, "Reid has long been a trusted advisor and partner to TWO and its management team, and we are deeply saddened by his passing. Reid’s wisdom and influence has been felt throughout our company’s evolution over the years, as we benefitted not only from his keen business acumen but also from his integrity, humility, kindness and positivity." Such heartfelt tributes showcase the impact Reid had not just on the company but on individual lives.
Career and Contributions
Reid Sanders enjoyed a distinguished career in commercial real estate and financial services. As the founder and President of Sanders Properties, Inc., he demonstrated exceptional leadership and vision. His influence extended beyond TWO as he served on the boards of various public and private companies. Reid was committed to philanthropy, contributing significantly to numerous nonprofit organizations throughout his community.
A Lasting Legacy
The legacy left behind by Reid goes beyond professional achievements. His lifelong commitment to giving back and mentoring emerging talents resonates with those fortunate to work with him. He leaves behind not merely a corporate legacy at TWO but an emotional imprint on all who had the pleasure of knowing him.
About TWO
Two Harbors Investment Corp., trading under the ticker NYSE: TWO, operates as a Maryland corporation and functions as a real estate investment trust. The company primarily focuses on investments in mortgage servicing rights, residential mortgage-backed securities, and other related financial assets. Its headquarters are located in St. Louis Park, Minnesota, where it continues to carry forward Reid's vision and commitment to excellence.
Further Information for Stockholders
For stockholders of TWO and other interested individuals looking for more information, the company provides resources at www.twoinv.com and the Securities and Exchange Commission’s website at www.sec.gov. Requests for additional information can be directed to TWO at their office located at 1601 Utica Avenue South, Suite 900, St. Louis Park, MN 55416, or by calling (612) 453-4100.
Frequently Asked Questions
Who was W. Reid Sanders?
W. Reid Sanders was a long-serving board member of Two Harbors Investment Corp, known for his significant contributions to the company since its inception in 2009.
What impact did Reid Sanders have on TWO?
Reid played a crucial role in guiding TWO through its growth; his leadership greatly influenced the strategic direction of the company.
What did Reid do professionally?
He was the founder and President of Sanders Properties, Inc. and served on the boards of several public and private companies.
How did the company honor Reid's memory?
Leadership expressed their deep sorrow publicly, reflecting on Reid’s contributions and the personal connections he had with many.
What is TWO's primary focus as a company?
Two Harbors Investment Corp primarily invests in mortgage servicing rights, residential mortgage-backed securities, and other financial assets as a real estate investment trust.
