People: Hatteras Financial Corp (HTS)
HTS on New York Consolidated
25.78USD
18 Jun 2013
25.78USD
18 Jun 2013
Price Change (% chg)
$0.17 (+0.66%)
$0.17 (+0.66%)
Prev Close
$25.61
$25.61
Open
$25.62
$25.62
Day's High
$25.90
$25.90
Day's Low
$25.40
$25.40
Volume
838,780
838,780
Avg. Vol
776,083
776,083
52-wk High
$29.68
$29.68
52-wk Low
$23.85
$23.85
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Michael Hough |
52 | Chairman of the Board, Chief Executive Officer | |
Benjamin Hough |
47 | President, Chief Operating Officer, Director | |
Mark Collinson |
Senior Partner, IR Contact Officer | ||
Kenneth Steele |
48 | 2007 | Chief Financial Officer, Treasurer, Secretary |
Frederick Boos |
58 | 2007 | Co-Chief Investment Officer, Executive Vice President |
William Gibbs |
52 | 2007 | Co-Chief Investment Officer, Executive Vice President |
Jeffrey Miller |
42 | 2011 | Lead Independent Director |
David Berson |
57 | 2007 | Independent Director |
Ira Kawaller |
62 | 2007 | Independent Director |
Thomas Wren |
60 | 2007 | Independent Director |
Biographies
| Name | Description |
|---|---|
Michael Hough |
Mr. Michael R. Hough is Chairman of the Board, Chief Executive Officer of Hatteras Financial Corp. Mr. Hough is the chief executive officer of manager and has been chairman and chief executive officer since September 2007. Mr. Hough is a co-founder and director of manager and ACM Financial Trust, Inc., a private mortgage real estate investment trust managed by manager (“ACM”). Since founding ACM in 1998, Mr. Hough has been responsible for managing all aspects of the operations and growth of ACM. From 1988 to 1997, Mr. Hough was a principal and founding member of First Winston Securities, Inc., a regional fixed-income broker-dealer where he was head of taxable trading and sales. From 1983 to 1987, Mr. Hough worked as a taxable trader in the fixed income department of Wachovia Bank N.A. He holds a B.A. degree in economics from Wake Forest University. |
Benjamin Hough |
Mr. Benjamin M. Hough is President, Chief Operating Officer, Director of Hatteras Financial Corp. Mr. Hough is the president and chief operating officer of manager and has been president and chief operating officer since September 2007. Mr. Hough is a co-founder and has been a director of manager and ACM since 2007 and 2001, respectively. From 1997 to 2001, he was the head of the BB&T Capital Markets office in Winston-Salem, NC where he was vice president of institutional fixed income sales and trading. From 1995 to 1997, Mr. Hough was the head of the First National Bank of Maryland office in Washington, DC where he served as vice president of fixed income sales. Prior to that, Mr. Hough was vice president of NationsBanc Capital Markets, previously American Security Bank, in institutional fixed income trading and sales. Mr. Hough holds a B.A. degree in economics from the University of North Carolina at Chapel Hill. |
Mark Collinson |
|
Kenneth Steele |
Mr. Kenneth A. Steele is Chief Financial Officer, Treasurer, Secretary of Hatteras Financial Corp., since September 2007. Mr. Steele is the chief financial officer, secretary and treasurer of manager and has been chief financial officer, treasurer and secretary since September 2007. Since September 2002, Mr. Steele has also been the chief financial officer, secretary and treasurer of ACM. Prior to joining ACM, Mr. Steele had been a senior manager with Dixon Odom PLLC, an accounting firm, where he specialized in real estate, financial institutions, and mergers and acquisitions since 1991. He was responsible for the firm’s real estate investment trust tax work and for public and private real estate investment partnerships. He also provided consulting services related to corporate finance, commercial and residential development, and equity investment. A certified public accountant, Mr. Steele earned a Masters of Accounting from the Kenan Flagler Business School at the University of North Carolina at Chapel Hill and a B.S. degree in Business Administration from the University of North Carolina at Chapel Hill. |
Frederick Boos |
Mr. Frederick J. Boos, II is Co-Chief Investment Officer, Executive Vice President of Hatteras Financial Corp., since September 2007. Mr. Boos is the executive vice president and co-chief investment officer of manager and has been executive vice president and co-chief investment officer since September 2007. Since March 2006, Mr. Boos has been the executive vice president and chief investment strategist of ACM. Prior to joining ACM, Mr. Boos had been an executive vice president and director of asset liability and capital management for MBNA America from 2003 to 2006. Mr. Boos has previously served as senior vice president and investment portfolio manager for multiple regional banks including Maryland National Bank, First National Bank of Maryland, Shawmut National Bank and American Security Bank. His prior bank treasury responsibilities include liquidity and risk management, capital management, economic capital planning, residential mortgage portfolio management as well as numerous bank ALCO Directorships. He holds a Masters of Business Administration from American University and a B.S. in finance from the University of Maryland, College Park. |
William Gibbs |
Mr. William H. Gibbs, Jr. is Co-Chief Investment Officer, Executive Vice President of Hatteras Financial Corp. Mr. Gibbs is the executive vice president and co-chief investment officer of manager and has been executive vice president and co-chief investment officer since September 2007. Mr. Gibbs is a co-founder and has been a director of manager and ACM since 2007 and 2002, respectively. Prior to that, Mr. Gibbs was a senior vice president of BB&T Capital Markets from 1999 to 2002 and was responsible for the Baltimore-Washington region. From 1982 to 1999, Mr. Gibbs served as managing director of the First National Bank of Maryland capital markets group managing the financial institutions portfolio group. Mr. Gibbs has helped advise financial institutions with structuring and implementing their investment portfolios and the development of asset/liability management strategies. He holds a B.S. degree in economics and finance from Towson University. |
Jeffrey Miller |
Mr. Jeffrey D. Miller is Lead Independent Director of Hatteras Financial Corp., since November 2007. Mr. Miller has been a member of board of directors since November 2007. Since March 2007, Mr. Miller has served as vice president, general counsel and secretary of Highwoods Properties, Inc. (NYSE: HIW). Prior to joining Highwoods Properties, Inc., Mr. Miller was a partner with the law firm of DLA Piper LLP (US) where he concentrated his practice on securities, corporate governance and related strategic matters, and served as general outside counsel to a variety of publicly-traded real estate investment trusts. Prior to that, Mr. Miller was a partner with the law firm of Alston & Bird LLP. Mr. Miller holds a B.A. from Pennsylvania State University and a J.D. and M.B.A. from Wake Forest University. He is admitted to practice law in North Carolina. |
David Berson |
Dr. David W. Berson, Ph.D is Independent Director of Hatteras Financial Corp., since November 2007. Dr. Berson served as senior vice president, chief economist and strategist at The PMI Group from 2007 to 2012. In that role he was responsible for all analyses and forecasts of the economy, housing and mortgage markets; led the company’s annual strategic planning process; and managed the company’s risk analytics and pricing division. Prior to joining The PMI Group, Dr. Berson was vice president and chief economist at Fannie Mae. Prior to that, Dr. Berson was a senior economist at the U.S. League of Savings Institutions. In addition, Dr. Berson was the chief financial economist at Wharton Econometrics, a visiting scholar at the Federal Reserve Bank of Kansas City and an assistant professor of economics at Claremont McKenna College and Claremont Graduate School. His U.S. government experience includes staff economist at the Council of Economic Advisors and economic analyst at the Treasury Department. Dr. Berson holds a Ph.D. in economics and an M.P.P. in public policy from the University of Michigan and a B.A. in history and economics from Williams College. |
Ira Kawaller |
Dr. Ira G. Kawaller, Ph.D., is Independent Director of Hatteras Financial Corp since November 2007. He founded Kawaller & Co., LLC in 1998, a financial consulting company that specializes in assisting commercial enterprises in their use of derivative instruments in managing their financial risk. In addition, he has also served as the managing partner of the Kawaller Fund, LP, a derivatives-only commodity pool, which operated between 2004 to 2011. Prior to founding Kawaller & Co., Dr. Kawaller was the vice president and director of the New York office of the Chicago Mercantile Exchange. Prior to that, he held positions at J. Aron & Company, AT&T, and the Board of Governors of the Federal Reserve System. Dr. Kawaller has been a member of the Financial Accounting Standards Board’s Derivatives Implementation Group and the Government Accounting Standards Board’s Derivative Instrument Task force on Derivatives and Hedging. Dr. Kawaller has held adjunct professorships at Columbia University and Polytechnic University. He received a Ph.D. in Economics from Purdue University. |
Thomas Wren |
Mr. Thomas D. Wren is Independent Director of Hatteras Financial Corp., since November 2007. Mr. Wren is also a director and shareholder of ACM. Mr. Wren was the treasurer of MBNA America and served as director of funds management in the treasury division. As a group executive and treasurer, Mr. Wren oversaw the company’s investment and funding activities including liquidity management, investment portfolio management, structured finance, and all related capital market programs. He currently is chairman of the board of directors for the Delaware Community Foundation and serves on the investment committee for the Foundation. He is a member of the finance committee and serves as chairman of the investment committee of the Christiana Care Health System. In addition, Mr. Wren serves on the board of directors and chairs the audit committees for Brandywine, Brandywine Blue and Brandywine Advisors, domestic mutual funds managed by Freiss Associates, LLC. Previously, Mr. Wren served as a member of the board of directors, as well as the audit and executive committees of Citibank (South Dakota), N.A., a wholly-owned subsidiary of Citigroup, Inc. Prior to joining MBNA America, Mr. Wren was chief investment and funding officer for Shawmut National Corporation. Prior to that, Mr. Wren worked for the Comptroller of the Currency (“OCC”) for 18 years, which included managing the OCC’s London operation. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Michael Hough |
1,398,160 |
Benjamin Hough |
1,229,050 |
Mark Collinson |
-- |
Kenneth Steele |
787,012 |
Frederick Boos |
536,692 |
William Gibbs |
536,692 |
Jeffrey Miller |
-- |
David Berson |
-- |
Ira Kawaller |
-- |
Thomas Wren |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Michael Hough |
24,300 | 243,972 |
Benjamin Hough |
21,262 | 213,470 |
Mark Collinson |
0 | 0 |
Kenneth Steele |
15,188 | 152,479 |
Frederick Boos |
8,100 | 81,324 |
William Gibbs |
12,150 | 121,986 |
Jeffrey Miller |
0 | 0 |
David Berson |
0 | 0 |
Ira Kawaller |
0 | 0 |
Thomas Wren |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
BERSON DAVID W |
1,850 | $0.00 |
MILLER JEFFREY DOUGLAS |
1,850 | $0.00 |
WREN THOMAS D |
1,850 | $0.00 |
KAWALLER IRA G |
1,850 | $0.00 |
KAWALLER IRA G |
100 | $24.20 |
KAWALLER IRA G |
150 | $24.10 |
HOUGH BENJAMIN M |
10,000 | $24.87 |
STEELE KENNETH A |
2,000 | $24.40 |
HOUGH MICHAEL R |
10,000 | $24.84 |
HOUGH MICHAEL R |
45,000 | $0.00 |
GIBBS WILLIAM H JR |
15,000 | $0.00 |
STEELE KENNETH A |
25,000 | $0.00 |
BOOS FREDERICK J II |
15,000 | $0.00 |
HOUGH BENJAMIN M |
40,000 | $0.00 |
KAWALLER IRA G |
1,800 | $27.12 |
WREN THOMAS D |
1,821 | $0.00 |
BERSON DAVID W |
1,821 | $0.00 |
KAWALLER IRA G |
1,821 | $0.00 |
MILLER JEFFREY DOUGLAS |
1,821 | $0.00 |
HOUGH BENJAMIN M |
41,292 | $0.00 |
BOOS FREDERICK J II |
17,830 | $0.00 |
HOUGH MICHAEL R |
46,922 | $0.00 |
STEELE KENNETH A |
26,276 | $0.00 |
GIBBS WILLIAM H JR |
17,830 | $0.00 |
KAWALLER IRA G |
420 | $28.63 |
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