Two Harbors Names William Dellal as CFO, Reversing Planned Departure

The company announced the leadership update with no changes to Dellal’s compensation package.

April 21, 2025

Leadership Plans Shift, CFO to Remain

Two Harbors Investment Corp. is keeping William Dellal in place as Vice President and Chief Financial Officer, effective immediately. This decision reverses the company’s previously announced plan for Dellal to step down on May 5. Instead of transitioning out, he’ll remain in the role for the foreseeable future.

The update came straight from the board on April 18, signaling a shift in internal planning. No new compensation terms were added, and his existing pay structure stays the same. That includes no additional grants, awards, or adjustments to current arrangements.

This move keeps leadership steady at a time when continuity matters. As a real estate investment trust focused on residential mortgage-backed securities, Two Harbors relies on experienced financial guidance to navigate its portfolio and capital strategy.

Continuity at the Core of the Decision

While the filing didn’t elaborate on the original resignation plan or the reasoning behind the change, the message is clear: the board values Dellal’s continued leadership.

Two Harbors, based in St. Louis Park, Minnesota, maintains its listings on the New York Stock Exchange under the symbols TWO, TWO PRA, TWO PRB, and TWO PRC. The company remains focused on delivering performance through careful risk management and disciplined investment execution.

For shareholders and stakeholders alike, Dellal’s continued presence offers consistency as the company moves forward.