People: Arlington Asset Investment Corp (AI)
AI on New York Consolidated
28.53USD
22 May 2013
28.53USD
22 May 2013
Price Change (% chg)
$-0.65 (-2.23%)
$-0.65 (-2.23%)
Prev Close
$29.18
$29.18
Open
$29.22
$29.22
Day's High
$29.65
$29.65
Day's Low
$28.31
$28.31
Volume
261,296
261,296
Avg. Vol
331,956
331,956
52-wk High
$29.65
$29.65
52-wk Low
$17.84
$17.84
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Eric Billings |
59 | 2005 | Chairman of the Board, Chief Executive Officer |
J. Rock Tonkel |
49 | 2007 | President, Chief Operating Officer, Director |
Kurt Harrington |
59 | 2008 | Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer |
Daniel Altobello |
72 | Lead Independent Director | |
Daniel Berce |
59 | 2011 | Independent Director |
Peter Gallagher |
71 | 2003 | Independent Director |
Ralph Michael |
58 | 2006 | Independent Director |
Wallace Timmeny |
74 | 1997 | Independent Director |
Biographies
| Name | Description |
|---|---|
Eric Billings |
Mr. Eric F. Billings is Chairman of the Board, Chief Executive Officer of Arlington Asset Investment Corp. Since co-founding Company in 1989, he has continuously served as a director. He served as Vice Chairman and Chief Operating Officer from 1989 to 1999, Vice Chairman and Co-Chief Executive Officer from 1999 to April 2003 and Co-Chairman and Co-Chief Executive Officer from April 2003 to April 2005. He was appointed Chairman and Chief Executive Officer in April 2005. Mr. Billings also serves as Chairman of FBR & Co. (formerly known as FBR Capital Markets Corporation), a publicly-traded investment banking, institutional brokerage and asset management firm, a position he has held since its formation in 2006. From 2006 to 2008, Mr. Billings also served as the Chief Executive Officer of FBR & Co. In addition, he concurrently holds the position of Senior Managing Partner and Co-Portfolio Manager of Billings Capital Management, LLC, an investment management company he runs with his sons. Mr. Billings serves on the Board of Visitors and the Center for Financial Policy Advisory Board at the University of Maryland’s Robert H. Smith School of Business. He also sits on the Leadership Council of the Board of Boys and Girls Clubs of Greater Washington. |
J. Rock Tonkel |
Mr. J. Rock Tonel, Jr., is President, Chief Operating Officer, Director of Arlington Asset Investment Corp. He has served as a director of Company since March 2007. He serves as President and Chief Operating Officer, a position he assumed in February 2007. From April 2004 to February 2007, Mr. Tonkel served as President and Head of Investment Banking at Friedman, Billings, Ramsey & Co., Inc. (currently a subsidiary of FBR Capital Markets). Prior to that, Mr. Tonkel served as Executive Vice President and Head of Investment Banking, a position he assumed in February 2002. Mr. Tonkel joined Friedman, Billings, Ramsey & Co., Inc. in 1994 as a Managing Director and Head of Investment Banking’s financial institutions group. |
Kurt Harrington |
Mr. Kurt R.Harrington is Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer of Arlington Asset Investment Corp. He is Executive Vice President, Chief Financial Officer and Treasurer, a position he has held since January 2000. Mr. Harrington was appointed to serve as the Chief Accounting Officer in September 2008. Mr. Harrington was also the Executive Vice President, Chief Financial Officer and Treasurer of FBR & Co. between January 2000 and February 2008 and served as Chief Financial Officer and Treasurer of FBR Asset Investment from September 1999 to March 2003. Mr. Harrington joined the Company as Vice President of Finance and Treasurer in March 1997. He was previously the Chief Financial Officer of Jupiter National, Inc., a publicly-traded, closed-end venture capital company. From 1980 to 1990, Mr. Harrington served in a number of senior financial accounting, reporting and business planning positions at MCI Communications Corporation and Marriott Corporation, in Washington, D.C. He began his career with the public accounting firms of Meahl, McNamara & Co., Boston, Massachusetts and later, PricewaterhouseCoopers LLP, Washington, D.C. Mr. Harrington received his Certified Public Accountant certification in 1978. Mr. Harrington serves on the board of DanceSmith, a charitable organization, and is a trustee of Nichols College. |
Daniel Altobello |
Mr. Daniel J. Altobello is Lead Independent Director of Arlington Asset Investment Corp. He has served as a director of company since June 2000. Since October 2000, Mr. Altobello, Chairman of Altobello Family LP, has been a private investor and active board member of several companies. From September 1995 until October 2000, Mr. Altobello was the Chairman of Onex Food Services, Inc., the parent of Caterair International, Inc. and LSG/SKY Chefs. He is a current member of the boards of directors of DiamondRock Hospitality Company, a publicly-traded hotel REIT, Northstar Senior Care Trust, Inc., a private company that intends to qualify as a REIT, and Mesa Air Group, Inc. From 2004 to December 2010, he served as a member of the board of JER Investors Trust, Inc., a specialty finance company. Mr. Altobello serves on the advisory board of Thayer | Hidden Creek, a private equity firm. Mr. Altobello is also a trustee of Loyola Foundation, Inc. |
Daniel Berce |
Mr. Daniel E. Berce is Independent Director of Arlington Asset Investment Corp., since January 2011. Mr. Berce is Chief Executive Officer and President of General Motors Financial Company, Inc. (formerly AmeriCredit Corp.), a position he has held since General Motors Co. acquired AmeriCredit Corp. on October 1, 2010. Mr. Berce had been a director of AmeriCredit Corp. since 1990, and was Chief Executive Officer and President from 2005 through 2010, President from 2003 through 2005 and Chief Financial Officer from 1990 through 2003. Mr. Berce is also a director of Cash America International, Inc., a publicly-traded consumer finance company, and AZZ, Inc., a publicly-traded provider of galvanizing services and specialty electrical products. |
Peter Gallagher |
Mr. Peter A. Gallagher is Independent Director of Arlington Asset Investment Corp. He served as a director of FBR Asset Investment Corporation, a predecessor of Company, since August 2000 and, upon the merger that formed Company in March 2003, he became a director of Company. Mr. Gallagher retired in May 2004 as the President and Chief Executive Officer of America’s Promise—the Alliance for Youth, a non-profit organization dedicated to building the character and competence of America’s youth, in which capacity he had served since July 1997. From 1994 through 1996, Mr. Gallagher served as Chief Executive Officer of Source One Financial Services, Inc., and from l989 through 1993 he served as Senior Vice President of AT&T Consumer Affairs. Mr. Gallagher has also served as a member of the Board of Trustees of Pew Charitable Trust-Partnership for Civic Change, VHA Health Foundation, Inc., and the National Assembly of Health and Human Service Organizations, and from 1996 through 1999 he served as Vice Chairman of the District of Columbia Emergency Board of Education. |
Ralph Michael |
Mr. Ralph S. Michael, III, is Independent Director of Arlington Asset Investment Corp. He currently serves as President and Chief Executive Officer of Fifth Third Bank, Greater Cincinnati, a position he has held since December 2010. He served as President and Chief Operating Officer of The Ohio Casualty Insurance Company from 2005 to November 2007 and served as a director from 2002 to 2005. From 2003 to 2005 he was Executive Vice President and Manager of Private Asset Management and held other positions with U.S. Bank. From 1979 to 2002 he held various executive and management positions with PNC Financial Services Group. Mr. Michael is a director of AK Steel Corporation, Key Energy Services, Inc. and FBR Capital Markets, each of which is a publicly-traded company. He is also a director of Cincinnati Bengals, Inc. and a trustee of Xavier University (Ohio). |
Wallace Timmeny |
Mr. Wallace L. Timmeny is Independent Director of Arlington Asset Investment Corp., since December 1997. From 1979 to April 2007, Mr. Timmeny was a securities attorney in private practice, most recently as a partner in the Washington, D.C. office of Dechert LLP from 1996 until his retirement from Dechert LLP in April 2007. From 1965 to 1979, Mr. Timmeny was an attorney with the SEC and ultimately the deputy director of the division of enforcement of the SEC. Mr. Timmeny has served as an adjunct professor at American University School of Law, George Mason University School of Law and Georgetown University School of Law. Mr. Timmeny is a past chairman of the Executive Council of the Securities Law Committee of the Federal Bar Association. From 2008 to 2009, Mr. Timmeny served as a director of Whitney Information Network, Inc. (now known as Tigrent, Inc.) and from 2004 to 2010, he served as a director of Waste Services, Inc. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Eric Billings |
2,551,820 |
J. Rock Tonkel |
2,392,260 |
Kurt Harrington |
959,657 |
Daniel Altobello |
-- |
Daniel Berce |
-- |
Peter Gallagher |
-- |
Ralph Michael |
-- |
Wallace Timmeny |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Eric Billings |
64,931 | 298,930 |
J. Rock Tonkel |
359,981 | 975,929 |
Kurt Harrington |
48,771 | 122,443 |
Daniel Altobello |
0 | 0 |
Daniel Berce |
0 | 0 |
Peter Gallagher |
0 | 0 |
Ralph Michael |
0 | 0 |
Wallace Timmeny |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
GALLAGHER PETER A |
1,395 | $28.82 |
MICHAEL RALPH S III |
500 | $0.00 |
BILLINGS ERIC F |
6,314 | $23.00 |
BILLINGS ERIC F |
7,266 | $23.00 |
BILLINGS ERIC F |
600 | $23.00 |
BILLINGS ERIC F |
600 | $23.00 |
BILLINGS ERIC F |
22,151 | $23.00 |
BILLINGS ERIC F |
282 | $23.00 |
BILLINGS ERIC F |
890 | $23.00 |
BILLINGS ERIC F |
300 | $23.02 |
BILLINGS ERIC F |
1,925 | $23.00 |
BILLINGS ERIC F |
100 | $23.01 |
BILLINGS ERIC F |
100 | $23.01 |
BILLINGS ERIC F |
5,402 | $23.00 |
BILLINGS ERIC F |
100 | $23.01 |
BILLINGS ERIC F |
1,160 | $23.00 |
BILLINGS ERIC F |
100 | $23.01 |
BILLINGS ERIC F |
14,618 | $23.00 |
BILLINGS ERIC F |
100 | $23.01 |
BILLINGS ERIC F |
2,943 | $23.00 |
BILLINGS ERIC F |
840 | $23.00 |
BILLINGS ERIC F |
129 | $23.01 |
BILLINGS ERIC F |
2,678 | $23.00 |
BILLINGS ERIC F |
17,063 | $23.00 |
BILLINGS ERIC F |
8,981 | $23.00 |
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