People: American Capital Agency Corp (AGNC.O)
AGNC.O on Nasdaq
28.98USD
20 May 2013
28.98USD
20 May 2013
Price Change (% chg)
$-0.67 (-2.26%)
$-0.67 (-2.26%)
Prev Close
$29.65
$29.65
Open
$29.52
$29.52
Day's High
$29.58
$29.58
Day's Low
$28.90
$28.90
Volume
7,264,552
7,264,552
Avg. Vol
7,365,091
7,365,091
52-wk High
$36.77
$36.77
52-wk Low
$28.08
$28.08
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Malon Wilkus |
61 | 2011 | Chairman of the Board, Chief Executive Officer |
Gary Kain |
48 | 2011 | President, Chief Investment Officer |
John Erickson |
53 | 2013 | Chief Financial Officer, Executive Vice President, Director |
Samuel Flax |
56 | 2011 | Executive Vice President, Secretary, Director |
Peter Federico |
46 | 2011 | Senior Vice President, Chief Risk Officer |
Christopher Kuehl |
39 | 2012 | Senior Vice President - Agency Portfolio Investments |
Morris Davis |
41 | Lead Independent Director | |
Alvin Puryear |
75 | 2008 | Director |
Robert Couch |
55 | 2011 | Independent Director |
Randy Dobbs |
62 | 2008 | Independent Director |
Larry Harvey |
48 | 2008 | Independent Director |
Prue Larocca |
61 | 2013 | Independent Director |
Biographies
| Name | Description |
|---|---|
Malon Wilkus |
Mr. Malon Wilkus serves as Chairman of the Board, Chief Executive Officer of American Capital Agency Corp. Mr. Wilkus is Chief Executive Officer of American Capital Agency Management, LLC, Manager. Mr. Wilkus founded American Capital, Ltd. (“American Capital”), the indirect majority owner of Manager, in 1986 and has served as its Chief Executive Officer and Chairman of the Board of Directors since that time, except for the period from 1997 to 1998 during which he served as Chief Executive Officer and Vice Chairman of the Board of Directors. He also served as President of American Capital from 2001 to 2008 and from 1986 to 1999. Mr. Wilkus has also been the Chairman of European Capital Limited, a European private equity and mezzanine fund, since its formation in 2005. In addition, Mr. Wilkus is the Chief Executive Officer and President of American Capital, LLC, the asset fund management portfolio company of American Capital and the majority owner of the parent company of the company's Manager. Mr. Wilkus has also served as the Chair and Chief Executive Officer of American Capital Mortgage Investment Corp. since March 2011 and as the Chief Executive Officer of its manager, American Capital MTGE Management, LLC, since April 2011. He has also served on the board of directors of over a dozen middle-market companies in various industries. |
Gary Kain |
Mr. Gary D. Kain serves as President, Chief Investment Officer of American Capital Agency Corp. Mr. Kain has served as the company's President since April 2011 and as Chief Investment Officer since January 2009. He was previously a Senior Vice President from January 2009 to April 2011. He has also served as President of Manager since April 2011. Mr. Kain has also served as the President and Chief Investment Officer of American Capital Mortgage Investment Corp. since March 2011 and as the President of its manager, American Capital MTGE Management, LLC, since April 2011. Mr. Kain served as a Senior Vice President and Managing Director of American Capital from January 2009 to July 2009, after which time he became an employee of the parent company of Manager. While at American Capital, Mr. Kain headed American Capital’s RMBS investment team. Prior to joining American Capital, Mr. Kain served as Senior Vice President of Investments and Capital Markets of Federal Home Loan Mortgage Corporation (“Freddie Mac”) from May 2008 to January 2009. He also served as Senior Vice President of Mortgage Investments & Structuring of Freddie Mac from February 2005 to April 2008, during which time he was responsible for managing all of Freddie Mac’s mortgage investment activities for the company’s $700 billion retained portfolio. From 2001 to 2005, Mr. Kain served as Vice President of Mortgage Portfolio Strategy at Freddie Mac. From 1995 to 2001, he served as head trader in Freddie Mac’s Securities Sales & Trading Group, where he was responsible for managing all trading decisions including REMIC structuring and underwriting, hedging all mortgage positions, income generation, and risk management. Prior to that, he served as a senior trader, responsible for managing the adjustable-rate mortgage and REMIC sectors. |
John Erickson |
Mr. John R. Erickson serves as Chief Financial Officer, Executive Vice President, Director of American Capital Agency Corp. He is also Executive Vice President and Treasurer of the Company's Manager, American Capital AGNC Management, LLC. Mr. Erickson is also the Executive Vice President and Chief Financial Officer and a member of the Board of Directors of American Capital Mortgage Investment Corp. Mr. Erickson has also served as President, Structured Finance of American Capital, Ltd. since 2008 and as its Chief Financial Officer since 1998. From 1991 to 1998, Mr. Erickson was the Chief Financial Officer of Storage USA, Inc., a REIT formerly traded on the New York Stock Exchange. |
Samuel Flax |
Mr. Samuel A. Flax serves as Executive Vice President, Secretary, Director of American Capital Agency Corp. He is Executive Vice President, Chief Compliance Officer and Secretary of the company's Manager. Mr. Flax has also served as Executive Vice President and Secretary of American Capital Mortgage Investment Corp. since March 2011 and Executive Vice President, Chief Compliance Officer and Secretary of its manager, American Capital MTGE Management, LLC since July 2011, February 2012 and April 2011, respectively. In addition, he is Executive Vice President, Chief Compliance Officer and Secretary of American Capital, LLC, the asset fund management portfolio company of American Capital. Mr. Flax has also served as the Executive Vice President, General Counsel, Chief Compliance Officer and Secretary of American Capital since January 2005. Mr. Flax was a partner in the corporate and securities practice group of the Washington, D.C. law firm of Arnold & Porter LLP from 1990 to January 2005. At Arnold & Porter LLP, he represented American Capital in raising debt and equity capital, advised the company on corporate, securities and other legal matters and represented the company in many of its investment transactions. |
Peter Federico |
Mr. Peter J. Federico serves as Senior Vice President, Chief Risk Officer of American Capital Agency Corp. since June 2011 and as Senior Vice President and Chief Risk Officer of the company's Manager since July 2011. Mr. Federico has also served as Senior Vice President and Chief Risk Officer of American Capital Mortgage Investment Corp. and of its manager, American Capital MTGE Management, LLC, since May 2011. Mr. Federico joined the parent company of 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. Mr. Federico also served in a number of other capacities at Freddie Mac, including as Senior Vice President, Asset & Liability Management, since joining the company in 1988. |
Christopher Kuehl |
Mr. Christopher J. Kuehl serves as Senior Vice President - Agency Portfolio Investments of American Capital Agency Corp. He as Senior Vice President of Manager since April 2011. He has also served as Senior Vice President of American Capital Mortgage Management, LLC, the parent company of Manager, since August 2010. Mr. Kuehl is also Senior Vice President, Agency Portfolio Investments of American Capital Mortgage Investment Corp. and Senior Vice President of its manager, American Capital MTGE Management, LLC. Prior to joining American Capital Mortgage Management, LLC, 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. |
Morris Davis |
Dr. Morris A. Davis serves as Lead Independent Director of American Capital Agency Corp. Dr. Davis is an Associate Professor in the Department of Real Estate and Urban Land Economics at the University of Wisconsin-Madison, School of Business. He has worked in the department since September 2006. He is currently on the Academic Advisory Council of the Federal Reserve Bank of Chicago and served in 2007 as a Research Associate at the Federal Reserve Bank of Cleveland. From July 2002 to August 2006, Dr. Davis was an economist at the Federal Reserve Board working in the Flow of Funds Section. From October 2001 to July 2002, he was Director of Yield Optimization at Return Buy, Inc. and from August 1998 to October 2001, Dr. Davis was an economist at the Macroeconomics and Quantitative Studies Section of the Federal Reserve Board. Dr. Davis is widely published on issues related to the U.S. housing markets and a frequent lecturer. He holds a Ph.D. in Economics from the University of Pennsylvania. Dr. Davis also serves on the board of directors of American Capital Mortgage Investment Corp. |
Alvin Puryear |
Dr. Alvin N. Puryear serves as Director of American Capital Agency Corp. Dr. Puryear is Professor Emeritus of Management and Entrepreneurship at Baruch College of the City University of New York where he was the initial recipient of the Lawrence N. Field Professorship in Entrepreneurship. Dr. Puryear is also a management consultant, who advises existing and new businesses with high-growth potential. Prior to his appointment at Baruch College, Dr. Puryear was on the faculty of the graduate school of business administration at Rutgers University. During leaves-of-absence from Baruch, he served as a Vice President at the Ford Foundation and First Deputy Comptroller for the City of New York. Before joining the academic community, he held executive positions in finance and information technology with the Mobil Corporation and Allied Chemical Corporation, respectively. He is also a member of the Boards of Directors of American Capital, Ltd. and American Capital Mortgage Investment Corp. In the past five years, Dr. Puryear also served as a director of North Fork Bancorporation, North Fork Bank and the Bank of Tokyo-Mitsubishi UFG Trust Company. |
Robert Couch |
Mr. Robert M. Couch serves as an Independent Director of American Capital Agency Corp. Mr. Couch is Counsel to Bradley Arant Boult Cummings LLP, a law firm based in Birmingham, Alabama. Mr. Couch is also Chairman of ARK Real Estate Strategies, LLC. ARK helps banks and financial institutions evaluate, manage and market foreclosed residential real estate. ARK is also the manager of the ARK Real Estate Opportunity Fund I, LLC, an investment fund focused on distressed residential real estate. Mr. Couch is a member of the Board of Directors of Prospect Holding Company, LLC, the parent company of Prospect Mortgage of Sherman Oaks, California. In December 2011, Mr. Couch was also appointed to the Bipartisan Policy Center Housing Commission. 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. He holds a Juris Doctor degree from Washington and Lee University. Mr. Couch also serves on the board of directors of American Capital Mortgage Investment Corp. |
Randy Dobbs |
Mr. Randy E. Dobbs serves as an Independent Director of American Capital Agency Corp. Mr. Dobbs has been a self-employed business consultant and business speaker since the end of 2010. Prior to that, he was a Senior Operating Executive at Welsh, Carson, Anderson & Stowe (“Welsh Carson”), a private equity firm. At Welsh Carson, Mr. Dobbs 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 experienced 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 Mortgage Investment Corp. 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. |
Larry Harvey |
Mr. Larry K. Harvey serves as an Independent Director of American Capital Agency Corp. Mr. Harvey has been Executive Vice President and Chief Financial Officer of Host Hotels & Resorts, Inc. (“Host”) since November 2007. He also served as Treasurer of Host from September 2007 to February 2010. Host is a lodging REIT (NYSE: HST). From February 2006 to November 2007, he served as Senior Vice President, Chief Accounting Officer of Host and from February 2003 to February 2006, he served as Host’s Senior Vice President and Corporate Controller. Prior to rejoining Host in February 2003, he served as Chief Financial Officer of Barceló Crestline Corporation, formerly Crestline Capital Corporation. Prior to that, Mr. Harvey was Host’s Vice President of Corporate Accounting, before the spin-off of Crestline in 1998. Mr. Harvey also serves on the board of directors of American Capital Mortgage Investment Corp. |
Prue Larocca |
Ms. Prue B. Larocca serves as an Independent Director of American Capital Agency Corp. Ms. Larocca retired in 2011 from Royal Bank of Scotland (RBS), where from 1997 until her retirement, she was a Managing Director in the firm's Mortgage Backed and Asset Backed Finance Group. She is a widely recognized in the areas of housing finance and securitization and is a member of the board of the Housing Preservation Foundation as well as having previously served two terms on the board of the American Securitization Trade Association. Prior to joining RBS, Ms. Larocca was a Senior Vice President at Lehman Brothers in the mortgage finance business, managed the consumer and single family securitization business for the Resolution Trust Corporation, practiced law with the firms of Milbank, Tweed, Hadley and McCloy as well as Kutak Rock. She is a graduate of the Georgetown University Law Center and Indiana University. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Malon Wilkus |
-- |
Gary Kain |
-- |
John Erickson |
-- |
Samuel Flax |
-- |
Peter Federico |
-- |
Christopher Kuehl |
-- |
Morris Davis |
-- |
Alvin Puryear |
-- |
Robert Couch |
-- |
Randy Dobbs |
-- |
Larry Harvey |
-- |
Prue Larocca |
-- |
As Of
Options Compensation
| Name | Options | Value |
|---|---|---|
Malon Wilkus |
0 | 0 |
Gary Kain |
0 | 0 |
John Erickson |
0 | 0 |
Samuel Flax |
0 | 0 |
Peter Federico |
0 | 0 |
Christopher Kuehl |
0 | 0 |
Morris Davis |
0 | 0 |
Alvin Puryear |
0 | 0 |
Robert Couch |
0 | 0 |
Randy Dobbs |
0 | 0 |
Larry Harvey |
0 | 0 |
Prue Larocca |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
KAIN GARY D |
332,794 | $0.00 |
KUEHL CHRISTOPHER |
6,231 | $32.83 |
FEDERICO PETER J |
71,508 | $0.00 |
KUEHL CHRISTOPHER |
71,508 | $0.00 |
WILKUS MALON |
5,500 | $32.31 |
DAVIS MORRIS A |
2,000 | $32.44 |
WILKUS MALON |
10,000 | $32.36 |
DAVIS MORRIS A |
3,000 | $0.00 |
HARVEY LARRY K |
3,000 | $0.00 |
COUCH ROBERT M |
3,000 | $0.00 |
DOBBS RANDY E |
3,000 | $0.00 |
LAROCCA PRUE |
3,000 | $0.00 |
PURYEAR ALVIN N |
1,500 | $31.50 |
WILKUS MALON |
9,500 | $31.62 |
WILKUS MALON |
3,910 | $25.60 |
FLAX SAMUEL ALLAN |
2,000 | $29.75 |
FLAX SAMUEL ALLAN |
2,950 | $30.79 |
KUEHL CHRISTOPHER |
1,216 | $34.89 |
KUEHL CHRISTOPHER |
889 | $34.72 |
DAVIS MORRIS A |
500 | $33.91 |
KAIN GARY D |
20,000 | $32.75 |
FEDERICO PETER J |
379 | $33.08 |
KAIN GARY D |
174,665 | $0.00 |
KUEHL CHRISTOPHER |
27,863 | $0.00 |
FEDERICO PETER J |
27,863 | $0.00 |
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