09:11 AM EST, 01/07/2025 (MT Newswires) -- Granite Point Mortgage Trust ( GPMT ) said Tuesday that Managing Director Ethan Lebowitz will succeed Steven Plust as chief operating officer by May 1.

Lebowitz will serve as deputy COO until the COO transition is effective, the company said.

Plust will stay with Granite as a senior managing director full-time until his retirement, expected to occur by Dec. 31, 2027, the company said.