This excerpt taken from the NRF 8-K filed Apr 9, 2008.
Item 1.02. Termination of a Material Definitive Agreement.
Jean-Michel Wasterlain, an Executive Vice President of NorthStar Realty Finance Corp. (the Company), will be leaving the Company as of April 11, 2008 to pursue other personal and professional interests. As a result, Mr. Wasterlains employment agreement with the Company will terminate effective April 11, 2008.