The Board of Directors of New Senior Investment Group Inc. appointed Ms. Justine A. Cheng as Chief Financial Officer and Treasurer effective as of December 19, 2014. Ms. Cheng will continue to serve as Chief Financial Officer of Newcastle. Ms. Cheng will also continue to serve as a Managing Director of Fortress, where she has been responsible for various financial services, infrastructure and lodging, and leisure & gaming investments.

Mr. Mark A. Wallace's last day as Chief Financial Officer and Treasurer of the company was December 19, 2014.