Granite Point Mortgage Trust Inc. announced the passing of W. Reid Sanders, a member of its Board of Directors since the company's inception in 2017. Mr. Sanders had been a valued member of the board for over seven years.
Stephen Kasnet, Chairman of the Granite Point Board of Directors, expressed deep sadness, highlighting Mr. Sanders' experience, wisdom, wit, dedication, and enthusiasm. CEO Jack Taylor also acknowledged Mr. Sanders as an exceptional human being and an astutely intelligent business leader.
The company stated that Mr. Sanders' sage guidance and contributions since its inception have left an abiding mark on Granite Point. His passing marks a notable change in the company's governance structure.
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