Starwood Property Trust, Inc. announced that, as part of the company's transition plan, Rina Paniry, who currently serves as the Chief Financial Officer of LNR Property LLC, has been promoted to Chief Financial Officer. Ms. Paniry will succeed Stew Ward effective May 7, 2014. Ms. Paniry joined LNR in June 2006 as Chief Accounting Officer.

Her expertise lies in the accounting for highly technical subject matter and complex transactions. Prior to joining LNR, Ms. Paniry spent eleven years at Deloitte & Touche, where she began her career. In addition, the company has appointed Zach Tanenbaum to serve in the newly created role as Director of Investor Relations.

Most recently, Mr. Tanenbaum was a Senior Analyst at Wesley Capital Management, where he focused on the real estate and specialty finance sectors. Mr. Tanenbaum previously served as a Vice President and Equity Research Analyst at MLV & Co. LLC, where he covered mortgage REITs and specialty finance.