Dynex Capital: Robert Colligan named CFO effective Aug 5; Benedetti steps down after 28 years

DYNEX CAPITAL INC

Robert S. Colligan appointed EVP, CFO, and Secretary effective August 5, 2022, succeeding Stephen J. Benedetti.
Benedetti steps down from officer roles but remains through Aug 31, 2022 for transition; receives severance per Employment Agreement.
Colligan previously served as CFO of Chimera Investment Corporation (2013-2021) and is a CPA.
Employment agreement: $500,000 base salary, minimum target annual cash incentive of 150% of base, LTIP target of $652,500.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Stephen J. Benedetti

Executive Vice President, Chief Financial Officer, Chief Operating Officer, Secretary, and principal financial officer

DX · DYNEX CAPITAL INC

Effective: 2022-08-05
Successor: Robert S. Colligan
Filed: July 18, 2022, 7:59 PM ET

Stephen J. Benedetti, the Company’s Executive Vice President, Chief Financial Officer, Chief Operating Officer, Secretary, and principal financial officer will step down from his officer positions with the Company, effective as of the close of business on August 5, 2022.

Appointed

Robert S. Colligan

Executive Vice President, Chief Financial Officer, and Secretary

DX · DYNEX CAPITAL INC

Effective: 2022-08-05
Filed: July 18, 2022, 7:59 PM ET

the Board of Directors (the " Board ") of Dynex Capital, Inc. (the “ Company ”) approved the appointment of Robert S. Colligan as the Company’s Executive Vice President, Chief Financial Officer, and Secretary, effective as of the close of business on August 5, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen J. Benedetti departed as Executive Vice President, Chief Financial Officer, Chief Operating Officer, Secretary, and principal financial officer at DYNEX CAPITAL INC.

Action: stepped down
Role: Executive Vice President, Chief Financial Officer, Chief Operating Officer, Secretary, and principal financial officer

Exact text from the filing

Stephen J. Benedetti, the Company’s Executive Vice President, Chief Financial Officer, Chief Operating Officer, Secretary, and principal financial officer will step down from his officer positions with the Company, effective as of the close of business on August 5, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert S. Colligan was appointed as Executive Vice President, Chief Financial Officer, and Secretary at DYNEX CAPITAL INC.

Action: appointed
Role: Executive Vice President, Chief Financial Officer, and Secretary

Exact text from the filing

the Board of Directors (the " Board ") of Dynex Capital, Inc. (the “ Company ”) approved the appointment of Robert S. Colligan as the Company’s Executive Vice President, Chief Financial Officer, and Secretary, effective as of the close of business on August 5, 2022.

View on SEC.gov

DYNEX CAPITAL INC filing history →

Source: SEC EDGAR

accession 0000826675-22-000025

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