Dynex Capital promotes Popenoe to Co-CEO, appoints Colligan COO and new CTO

DYNEX CAPITAL INC

Smriti Popenoe named Co-CEO alongside Chairman Byron Boston; remains President and CIO.
Rob Colligan promoted to COO while retaining CFO role; oversees finance, legal, HR, IT.
Harman Sahni hired as CTO, reporting to Colligan; previously at Rithm Capital and Annaly Capital.
Other promotions: Robert Nilson to CRO, Jeff Childress to CAO, Rebecca Imhof to Controller.
Updated employment agreements: Popenoe base salary rises from $800k to $900k; Colligan from $500k to $560k; target long-term incentives increased.

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.

Role change

Byron L. Boston

Co-Chief Executive Officer and Chairman of the Board

DX · DYNEX CAPITAL INC

Effective: 2024-07-22
Filed: July 22, 2024, 7:59 PM ET

Mr. Boston’s new title is Co-Chief Executive Officer and Chairman of the Board.

Appointed

Robert S. Colligan

Chief Operating Officer

DX · DYNEX CAPITAL INC

Effective: 2024-07-22
Filed: July 22, 2024, 7:59 PM ET

Also on July 18, 2024, the Board appointed Robert S. Colligan, the Company’s current Executive Vice President, Chief Financial Officer and Secretary, as the Company’s Chief Operating Officer, effective as of July 22, 2024.

Appointed

Smriti L. Popenoe

Co-Chief Executive Officer

DX · DYNEX CAPITAL INC

Effective: 2024-07-22
Filed: July 22, 2024, 7:59 PM ET

On July 18, 2024, the board of directors (the “ Board ”) of Dynex Capital, Inc. (the “ Company ”) appointed Smriti L. Popenoe, the Company’s current President and Chief Investment Officer, as the Company’s Co-Chief Executive Officer and co-principal executive officer, effective as of July 22, 2024, to serve alongside Byron L. Boston, the Company’s current Chairman of the Board and Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Byron L. Boston changed role as Co-Chief Executive Officer and Chairman of the Board at DYNEX CAPITAL INC.

Role: Co-Chief Executive Officer and Chairman of the Board

Exact text from the filing

Mr. Boston’s new title is Co-Chief Executive Officer and Chairman of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert S. Colligan was appointed as Chief Operating Officer at DYNEX CAPITAL INC.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

Also on July 18, 2024, the Board appointed Robert S. Colligan, the Company’s current Executive Vice President, Chief Financial Officer and Secretary, as the Company’s Chief Operating Officer, effective as of July 22, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Smriti L. Popenoe was appointed as Co-Chief Executive Officer at DYNEX CAPITAL INC.

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

On July 18, 2024, the board of directors (the “ Board ”) of Dynex Capital, Inc. (the “ Company ”) appointed Smriti L. Popenoe, the Company’s current President and Chief Investment Officer, as the Company’s Co-Chief Executive Officer and co-principal executive officer, effective as of July 22, 2024, to serve alongside Byron L. Boston, the Company’s current Chairman of the Board and Chief Executive Officer.

View on SEC.gov

DYNEX CAPITAL INC filing history →

Source: SEC EDGAR

accession 0000826675-24-000089

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