---
schema_version: "secwatch.filing_event.v1"
accession: "0000826675-22-000025"
form_type: "8-K"
ticker: "DX"
cik: "0000826675"
company_name: "DYNEX CAPITAL INC"
filed_at: "2022-07-18T23:59:59+00:00"
generated_at: "2026-06-24T13:44:34.352847+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000826675-22-000025
- form_type: 8-K
- ticker: DX
- cik: 0000826675
- company_name: DYNEX CAPITAL INC
- filed_at: 2022-07-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/826675/000082667522000025/0000826675-22-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826675/000082667522000025/dx-20220715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000826675-22-000025
- JSON: https://secwatch.observer/filing/0000826675-22-000025.json
- Plain text: https://secwatch.observer/filing/0000826675-22-000025.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/826675/000082667522000025/0000826675-22-000025-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/826675/000082667522000025/0000826675-22-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.