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MTGE Investment Corp (MTGE.OQ)

MTGE.OQ on NASDAQ Stock Exchange Global Select Market

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14 Dec 2017
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Summary

Name Age Since Current Position

Randy Dobbs

65 2016 Independent Chairman of the Board

Gary Kain

52 2016 President, Chief Executive Officer, Chief Investment Officer, Director

Peter Federico

50 2016 Chief Financial Officer, Executive Vice President

Donald Holley

46 2016 Senior Vice President, Chief Accounting Officer

Christopher Kuehl

43 2012 Senior Vice President - Agency Portfolio Investments

Aaron Pas

36 2014 Senior Vice President - Non-Agency Portfolio Management

Steven Abrahams

57 2017 Director

Julia Coronado

48 2016 Director

Robert Couch

58 2011 Independent Director

Biographies

Name Description

Randy Dobbs

Mr. Randy E. Dobbs is Independent Chairman of the Board of American Capital Mortgage Investment Corp. Mr. Dobbs is an Operating Partner at Welsh, Carson, Anderson & Stowe (“Welsh Carson”), a private equity firm. In addition, Mr. Dobbs has been a self-employed business consultant and business speaker since the end of 2010. From April 2012 to January 2015, Mr. Dobbs served as Chief Executive Officer for Matrix Medical Network, a portfolio company of Welsh Carson and a provider of home health assessments for Medicare Advantage clients across 32 states. Prior to that, he was a Senior Operating Executive at Welsh Carson, where he was responsible for portfolio company operational oversight, business acquisitions and equity opportunity development. From February 2005 to October 2008, he was the Chief Executive Officer of US Investigations Services, Inc. and its subsidiaries (“USIS”). USIS provides business intelligence and risk management solutions, security and related services and expert staffing solutions for businesses and federal agencies. From April 2003 to February 2005, Mr. Dobbs was President and Chief Executive Officer of Philips Medical Systems, North America, a manufacturer of systems for imaging, radiation oncology and patient monitoring, as well as information management and resuscitation products. Prior to April 2003, Mr. Dobbs spent 27 years with General Electric Company where he held various senior level positions, including President and Chief Executive Officer of GE Capital, IT Solutions. Mr. Dobbs also serves on the board of directors of American Capital Agency Corp. (NASDAQ: AGNC) and the board of directors of various private equity companies and previously served on the board of directors of Savvis, Inc. (NASDAQ: SVVS) from November 2010 to August 2011.

Gary Kain

Mr. Gary D. Kain is a President, Chief Executive Officer, Chief Investment Officer, Director of the Company. Mr. Kain has served as a Director and our Chief Executive Officer since March 2016 and President and Chief Investment Officer since March 2011. Further information about Mr. Kain may be found under “Proposal 1: Election of Directors-Director Nominee Biographies and Qualifications” of this proxy statement.

Peter Federico

Mr. Peter J. Federico is Chief Financial Officer, Executive Vice President of the Company. Mr. Federico has served as our Executive Vice President and Chief Financial Officer since July 2016. He was previously our Senior Vice President and Chief Risk Officer from May 2011. Mr. Federico is also Executive Vice President and Chief Financial Officer of AGNC Investment Corp. (NASDAQ: AGNC). Mr. Federico joined the parent company of our Manager in May 2011. Prior to that, Mr. Federico served as Executive Vice President and Treasurer of Freddie Mac from October 2010 through May 2011, where he was primarily responsible for managing the company’s investment activities for its retained portfolio and developing, implementing and managing risk mitigation strategies. He was also responsible for managing Freddie Mac’s $1.2 trillion interest rate derivative portfolio and short and long-term debt issuance programs. Mr. Federico also served in a number of other capacities at Freddie Mac, including as Senior Vice President, Asset & Liability Management.

Donald Holley

Mr. Donald W. Holley is Senior Vice President, Chief Accounting Officer of the Company. Mr. Holley has served as our Senior Vice President and Chief Accounting Officer and as Senior Vice President and Chief Financial Officer of our Manager since January 2016. Mr. Holley previously served as our Vice President and Controller from December 2011 to January 2016 and as Vice President and Chief Financial Officer of our Manager from July 2011 and March 2012, respectively, to January 2016. Mr. Holley joined the parent company of our Manager in July 2011. Prior to that, Mr. Holley was a Director at Freddie Mac, responsible for the valuation and presentation of financial results for the company’s investments, debt and derivative portfolios. He has also worked as an accounting policy and assurance Director at Credit Suisse, prepared corporate governance research at Deutsche Bank, and was an Audit Manager at Arthur Andersen. He is a Certified Public Accountant and a CFA charterholder.

Christopher Kuehl

Mr. Christopher J. Kuehl is Senior Vice President - Agency Portfolio Investments of the Company. Mr. Kuehl has served as our Executive Vice President since December 2016. He was previously a Senior Vice President, Agency Portfolio Investments from March 2012. Mr. Kuehl is also an Executive Vice President of AGNC Investment Corp. (NASDAQ: AGNC). Mr. Kuehl joined the parent company of our Manager in August 2010. Prior to that, Mr. Kuehl served as Vice President of Mortgage Investments & Structuring of Freddie Mac. In this capacity, Mr. Kuehl was responsible for directing Freddie Mac’s purchases, sales and structuring activities for all MBS products, including fixed-rate mortgages, ARMs and CMOs. Prior to joining Freddie Mac in 2000, Mr. Kuehl was a Portfolio Manager with TeleBanc/Etrade Bank.

Aaron Pas

Mr. Aaron Pas is a Senior Vice President - Non-Agency Portfolio Management of the Company. Mr. Pas has served as our Senior Vice President since January 2014 and has also served as Senior Vice President of our Manager since January 2014. He was previously Vice President, Non-Agency Portfolio Management, of our Manager from March 2011 to January 2014. Mr. Pas is also a Senior Vice President of AGNC Investment Corp. (NASDAQ: AGNC). Prior to joining the parent company of our Manager, Mr. Pas was the Director of Non-Agency Portfolio Management at Freddie Mac, where he was primarily responsible for managing the firm’s non-agency residential securities portfolio. Mr. Pas holds a Bachelor of Science degree in Business from Washington University in St. Louis. Mr. Pas is a CFA charterholder.

Steven Abrahams

Mr. Steven W. Abrahams is a Director of the Company. Mr. Abrahams is the Co-Founder and Chief Executive Officer of Milepost Capital Management LLC. Milepost Capital, which was founded in 2016, provides investment strategy; research; asset sourcing, selection, and reporting; and portfolio accounting to US community banks. Mr. Abrahams also serves as an Adjunct Professor of Finance and Economics at the Columbia Business School. Prior to founding Milepost Capital, Mr. Abrahams was a Managing Director and the Head of MBS and Securitization Research at Deutsche Bank AG from 2010 until 2016, and, from 2008 until 2009, he founded and served as a Managing Director of Citadel Capital Advisors, a business unit of Citadel LLC established to advise institutional investors managing complex portfolios of loans, securities and related risks. From 2001 to 2008, Mr. Abrahams served in a number of roles at Bear Stearns & Co. Inc., including as the Senior Managing Director, Global Head of Liquid Product Strategy from 2005 until 2008. Mr. Abrahams holds a Ph.D. in Psychology from Columbia University.

Julia Coronado

Ms. Julia L. Coronado serves as Director of the Company. She currently serves as the Chief Economist for Graham Capital Management, an alternative investment firm. In her role at Graham Capital, Ms. Coronado is responsible for formulating the company’s global forecast for inflation and monetary and fiscal policy and also serves on the Investment and Risk Committees. Prior to joining Graham Capital, Ms. Coronado was Chief Economist, North America, and Managing Director at BNP Paribas from 2009 to 2014. From 2006 to 2009, she was a Senior U.S. Economist and Director at Barclays Capital, where she helped formulate the forecast for the U.S. economy and Fed policy. Earlier in her career, Ms. Coronado served as an Economist at the Federal Reserve Board of Governors. In addition to her work at Graham Capital, Ms. Coronado is currently a member of the New York Federal Reserve’s Treasury Market Practice Group and Economic Advisory Panel and also serves on the Brookings Economic Studies Council. Ms. Coronado holds a Ph.D. in Economics from the University of Texas at Austin and a B.S. in Economics from the University of Illinois at Urbana-Champaign.

Robert Couch

Mr. Robert M. Couch is an Independent Director of the Company. Mr. Couch is Counsel to Bradley Arant Boult Cummings LLP, a law firm based in Birmingham, Alabama. Until December 31, 2015, Mr. Couch was Chairman of ARK Real Estate Strategies, LLC. ARK is the manager of the ARK Real Estate Opportunity Fund I, LLC, an investment fund focused on distressed residential real estate. He is also a director of MAX Exchange LLC, a start-up company primarily focused on the design and establishment of an electronic mortgage exchange. From 2009 until February 2017, Mr. Couch served as a member of the Board of Directors of Prospect Holding Company, LLC, the parent company of Prospect Mortgage of Sherman Oaks, California. From June 2007 to November 2008, Mr. Couch served as General Counsel of the United States Department of Housing and Urban Development, or HUD. From December 2006 until June 2007, Mr. Couch served as Acting General Counsel of HUD. Mr. Couch began his service at HUD as President of Ginnie Mae from June 2006 until June 2007. Prior to his government service, Mr. Couch served as President and Chief Executive Officer of New South Federal Savings Bank. Mr. Couch previously served on the board of directors of AGNC Investment Corp. (NASDAQ: AGNC) from 2011 to May 2016.