MFA Financial announces CEO succession plan for 2027

MFA Financial, Inc. has outlined its leadership succession plan, with Chief Executive Officer Craig Knutson announcing his retirement at the end of 2027. Knutson, 67, will continue to serve on the board and is expected to seek reelection at the company's annual meeting of stockholders in 2027. Bryan Wulfsohn, the current president and chief investment officer, will take over as president and CEO on July 1, 2027.

Wulfsohn, who has been with MFA for 16 years and has been president since September 2024, will also join the board of directors in January 2027, increasing its size to eight members. Additionally, the company has announced the appointment of Andrew Kail as senior vice president and chief investment officer, effective January 1, 2027.

Kail has over 25 years of experience in the mortgage finance industry, having previously held positions at Starwood Capital Group and Aspen Capital. Laurie Goodman, the chair of the board, expressed confidence in Kail's leadership, intellect, and strategic vision for the company.