People: Dynex Capital Inc (DX)
DX on New York Consolidated
10.63USD
24 May 2013
10.63USD
24 May 2013
Price Change (% chg)
$0.01 (+0.09%)
$0.01 (+0.09%)
Prev Close
$10.62
$10.62
Open
$10.55
$10.55
Day's High
$10.65
$10.65
Day's Low
$10.51
$10.51
Volume
233,497
233,497
Avg. Vol
446,299
446,299
52-wk High
$11.06
$11.06
52-wk Low
$8.66
$8.66
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Thomas Akin |
60 | 2008 | Chairman of the Board, Chief Executive Officer |
Byron Boston |
54 | 2012 | President, Chief Investment Officer, Director |
Stephen Benedetti |
50 | 2008 | Chief Financial Officer, Chief Operating Officer, Executive Vice President |
James Wheat |
59 | 2010 | Lead Independent Director |
Michael Hughes |
51 | 2010 | Independent Director |
Barry Igdaloff |
57 | 2000 | Independent Director |
Alison Griffin |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Thomas Akin |
Mr. Thomas B. Akin is Chairman of the Board, Chief Executive Officer of Dynex Capital, Inc. He has been a director of the Company since May 2003, Chairman since May 30, 2005, and on February 4, 2008 accepted the position of Chief Executive Officer of the Company. Mr. Akin also founded and has served as the managing general partner of Talkot Capital, LLC located in Sausalito, California since 1995. From 1981 to 1994, Mr. Akin held various positions at Merrill Lynch Institutional Services. Prior to Merrill Lynch, Mr. Akin was an employee of Salomon Brothers from 1978 to 1981. Mr. Akin currently serves as Chairman of the Board for both CombiMatrix Corporation and Centiv Services, Inc. Mr. Akin previously served on the boards of Acacia Research Corporation and Advance Data Exchange. Mr. Akin holds a B.A. from the University of California at Santa Cruz and an M.B.A. from the Anderson School of Management, UCLA. |
Byron Boston |
Mr. Byron L. Boston is President, Chief Investment Officer, Director of Dynex Capital, Inc. He became a director of the Company in March 2012. Since March 1, 2012, he has served as President and Chief Investment Officer, having held the position of Chief Investment Officer since April 2008. From November 2006 to April 2008, Mr. Boston was the President of Boston Consulting Group, which provided advice on business strategies for its clients. From January 2004 to October 2006, Mr. Boston was Executive Vice President of Sunset Financial Resources, Inc. Prior to this, Mr. Boston was a senior officer for the Freddie Mac Corporation from 1997 to 2003. From 1981 to 1997, Mr. Boston held banking and trading positions at New York investment banking firms. Mr. Boston holds an A.B. in Economics and Government from Dartmouth College and an M.B.A. in Finance and Accounting from the Graduate School of Business, University of Chicago. |
Stephen Benedetti |
Mr. Stephen J. Benedetti is Chief Financial Officer, Chief Operating Officer, Executive Vice President of Dynex Capital, Inc. He has been with the Company since 1994 and has knowledge of the Company, operations, and investment portfolio. He has been Executive Vice President and Chief Operating Officer since November 2005, Executive Vice President and Chief Financial Officer from September 2001 to November 2005 and beginning again in February 2008. |
James Wheat |
Mr. James C. Wheat, III, is Lead Independent Director of Dynex Capial, Inc. He has been director since August 15, 2008. Mr. Wheat is the co-founder and managing director of Colonnade Capital Corporation, a private equity firm dedicated to sponsoring friendly growth buyouts of middle market companies. Since 1995, Mr. Wheat has also been the manager of Jasper, LLC, an investment firm investing in publicly traded securities, hedge funds, private equity and debt, and real estate, and has been the manager of Blandfield Associates, LLC, a timberland and working farm, since 1992. In addition, Mr. Wheat has been a general partner of Riverfront Partners since 1992. Mr. Wheat was the Chairman of the Virginia Retirement System from 1997 to 2000. He was the managing director and a member of the board of directors of Wachovia Securities (formerly Wheat First Securities) from 1984 to 1993. Mr. Wheat serves as the Chairman of the Nominating & Corporate Governance Committee and as a member of the Audit Committee and the Compensation Committee for the Company. Mr. Wheat earned a B.A. from Hampden-Sydney College in 1975 and an M.B.A. from the University of Virginia in 1978. |
Michael Hughes |
Mr. Michael R. Hughes is an Independent Director of Dynex Capital, Inc., since November 3, 2010. Mr. Hughes is currently an analyst at Ascend Capital Management and serves as the President of the Board of Trustees of the Bentley School in Oakland, California. Prior to beginning his position at Ascend Capital Management in 2012 and at the Bentley School in 2009, Mr. Hughes was a partner and portfolio manager of Osterweis Capital Management from 2005 to 2008. From 1989 to 2005, Mr. Hughes was the First Vice President of Merrill Lynch Financial Institutions Research. Mr. Hughes began his career as an equity analyst at Dean Witter Reynolds in 1986. Mr. Hughes serves as the Chairman of the Compensation Committee and as a member of the Nominating & Corporate Governance Committee for the Company. Mr. Hughes holds an A.B. from the University of California at Berkley in Geophysics. Mr. Hughes was awarded the Chartered Financial Analyst (CFA) designation in 1991. |
Barry Igdaloff |
Mr. Barry A. Igdaloff is an Independent Director of Dynex Capital, Inc., since November 2000. Mr. Igdaloff has been a registered investment advisor and the sole proprietor of Rose Capital in Columbus, Ohio, since 1995. Mr. Igdaloff graduated from Indiana University in 1976 with a B.S.B. in accounting and from The Ohio State University in 1978, with a Juris Doctorate degree. Mr. Igdaloff is a non-practicing certified public accountant and a non-practicing attorney. Mr. Igdaloff currently serves on the Board of Directors of Nova Star Financial and serves on its audit committee. Mr. Igdaloff serves as a member of the Audit Committee and the Nominating & Corporate Governance Committee for the Company. |
Alison Griffin |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Thomas Akin |
2,068,580 |
Byron Boston |
2,558,030 |
Stephen Benedetti |
1,384,580 |
James Wheat |
-- |
Michael Hughes |
-- |
Barry Igdaloff |
-- |
Alison Griffin |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Thomas Akin |
10,000 | 14,875 |
Byron Boston |
0 | 0 |
Stephen Benedetti |
150,000 | 280,721 |
James Wheat |
0 | 0 |
Michael Hughes |
0 | 0 |
Barry Igdaloff |
0 | 0 |
Alison Griffin |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
OSBORNE DANIEL K |
5,000 | $9.81 |
IGDALOFF BARRY A |
5,000 | $9.81 |
AKIN THOMAS B |
5,000 | $9.81 |
BOSTON BYRON L |
29,740 | $0.00 |
AKIN THOMAS B |
25,000 | $0.00 |
CHILDRESS JEFFREY L |
3,072 | $0.00 |
AKIN THOMAS B |
44,476 | $0.00 |
BOSTON BYRON L |
53,839 | $0.00 |
BENEDETTI STEPHEN J |
29,832 | $0.00 |
AKIN THOMAS B |
2,250 | $11.03 |
BENEDETTI STEPHEN J |
1,387 | $11.03 |
BOSTON BYRON L |
2,775 | $11.03 |
OSBORNE DANIEL K |
4,584 | $10.80 |
OSBORNE DANIEL K |
35,416 | $10.80 |
OSBORNE DANIEL K |
10,000 | $10.85 |
CHILDRESS JEFFREY L |
2,500 | $7.06 |
CHILDRESS JEFFREY L |
2,500 | $10.79 |
AKIN THOMAS B |
3,941 | $10.83 |
BOSTON BYRON L |
3,941 | $10.83 |
BENEDETTI STEPHEN J |
1,066 | $10.83 |
CHILDRESS JEFFREY L |
239 | $10.83 |
CHILDRESS JEFFREY L |
720 | $10.15 |
BENEDETTI STEPHEN J |
7,253 | $10.15 |
BOSTON BYRON L |
9,092 | $10.15 |
AKIN THOMAS B |
11,345 | $10.15 |
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