AGNC amends employment agreements for CFO Bell and GC Pollack, boosting bonus and LTIA targets

AGNC Investment Corp.

Bernice Bell's target annual bonus raised to 250% of base salary from 200%; LTIA target to 250% from 220%.
Kenneth Pollack's target annual bonus raised to 200% of base salary from 170%; LTIA target to 200% from 190%.
Long-term incentive allocation shifts from 50/50 to 67% performance-based and 33% time-based for both executives.
Bell's promotion to EVP and CFO confirmed; Pollack continues as EVP, General Counsel, CCO and Secretary.

item 5.02

Executive movements

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

Role change

Kenneth Pollack

Executive Vice President, General Counsel, Chief Compliance Officer and Secretary

AGNC · AGNC Investment Corp.

Effective: 2022-01-21
Filed: January 21, 2022, 6:59 PM ET

Kenneth Pollack, Executive Vice President, General Counsel, Chief Compliance Officer and Secretary

Role change

Bernice Bell

Executive Vice President and Chief Financial Officer

AGNC · AGNC Investment Corp.

Effective: 2022-01-21
Filed: January 21, 2022, 6:59 PM ET

Bernice Bell, Executive Vice President and Chief Financial Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth Pollack changed role as Executive Vice President, General Counsel, Chief Compliance Officer and Secretary at AGNC Investment Corp..

Action: promoted
Role: Executive Vice President, General Counsel, Chief Compliance Officer and Secretary

Exact text from the filing

Kenneth Pollack, Executive Vice President, General Counsel, Chief Compliance Officer and Secretary

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bernice Bell changed role as Executive Vice President and Chief Financial Officer at AGNC Investment Corp..

Action: promoted
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Bernice Bell, Executive Vice President and Chief Financial Officer

View on SEC.gov

AGNC Investment Corp. filing history →

Source: SEC EDGAR

accession 0001423689-22-000004

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