Redwood Trust, Inc. (NYSE: RWT) has appointed Diane L. Merdian as CFO and Jeffrey T. Pero to the Board of Directors. Diane L. Merdian will assume her position as CFO in March 2010. Concurrent with Ms. Meridian's appointment as CFO, she has announced her resignation from her position as a member of the Board.
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Ms Meridian retired in 2008 from a 24 year career as an equity research analyst focused on the banking sector. She graduated from the University of Kansas with a B.A. in Economics. She was elected to the Board of Directors of Redwood Trust in August 2008.
Jeffrey T. Pero has been elected to the Board as a Class I director, with a term expiring in 2010, to fill the vacancy on the Board of Directors made by the resignation of Ms. Meridian. Mr. Pero holds a B.A. from the University of Notre Dame and a J.D. from New York University School of Law.
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