Rithm Capital Corp. announced that the Board of Directors of the Company has elected Peggy Hwan Hebard as an independent member of the Board, effective as of January 1, 2023. Ms. Hebard is currently the Chief Financial Officer and Chief Operating Officer at the Children's Museum of Manhattan.

Her prior work experience included fourteen years as a Senior Advisor to the Executive Office at The Metropolitan Museum of Art, a debt ratings analyst at Standard & Poor's, an investment banker at Credit Suisse First Boston, a consultant at PwC working with companies in the financial services industry, and an auditor at Coopers & Lybrand. She has an MBA from the Yale School of Management, a master's degree from Johns Hopkins, and a BS from the Wharton School at the University of Pennsylvania. She holds the CFA and CPA designations.

Additionally, Ms. Hebard served on the Board of Directors of Turning Point Brands from September 2018 until April 2021, during which time she served on the Audit and Compensation committees and led a special committee overseeing a strategic M&A transaction.