People: American Capital Mortgage Investment Corp (MTGE.O)

MTGE.O on Nasdaq

19.84USD
23 Oct 2014
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Summary

Name Age Since Current Position

Malon Wilkus

2011 Chairman of the Board, Chief Executive Officer

Gary Kain

49 2011 President, Chief Investment Officer

John Erickson

2011 Chief Financial Officer, Executive Vice President, Director

Samuel Flax

2013 Executive Vice President, Secretary, Director

Peter Federico

47 2011 Senior Vice President, Chief Risk Officer

Christopher Kuehl

40 2012 Senior Vice President - Agency Portfolio Investments

Alvin Puryear

76 2011 Director

Robert Couch

56 2011 Independent Director

Morris Davis

42 2011 Independent Director

Randy Dobbs

63 2011 Independent Director

Larry Harvey

49 2011 Independent Director

Prue Larocca

62 2013 Independent Director

Biographies

Name Description

Malon Wilkus

Mr. Malon Wilkus is Chairman of the Board, Chief Executive Officer of American Capital Mortgage Investment Corp., since March 25, 2011. He is Chief Executive Officer of American Capital MTGE Management, LLC, the Manager. Mr. Wilkus founded American Capital, Ltd. (“American Capital”), the indirect majority owner of the 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 Asset Management, LLC (f/k/a American Capital, LLC), the asset fund management portfolio company of American Capital and the majority owner of the parent company of the Manager. Mr. Wilkus has also served as the Chair and Chief Executive Officer of American Capital Agency Corp. since January 2008 and as the Chief Executive Officer of its manager, American Capital AGNC Management, LLC, since April 2011. He previously served as President of American Capital Agency Corp. from January 2008 to 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 is President, Chief Investment Officer of American Capital Mortgage Investment Corp., since March 2011. He has also served and as the President of the Manager since April 2011. Mr. Kain has also served as the President and Chief Investment Officer of American Capital Agency Corp. since April 2011 and January 2009, respectively, and as the President of its manager, American Capital AGNC 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 the 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. 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 is Chief Financial Officer, Executive Vice President, Director of American Capital Mortgage Investment Corp. He is Executive Vice President and Treasurer of the Manager. Mr. Erickson is also the Executive Vice President and Chief Financial Officer and a member of the board of directors of American Capital Agency Corp. and the Executive Vice President and Treasurer of its manager, American Capital AGNC Management, LLC. In addition, he is Executive Vice President and Treasurer of American Capital Asset Management, LLC, the asset fund management portfolio company of American Capital. Mr. Erickson has also served as President, Structured Finance of American Capital 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 (NYSE: SUS).

Samuel Flax

Mr. Samuel A. Flax is Executive Vice President, Secretary, Director of American Capital Mortgage Investment Corp. Mr. Flax is Executive Vice President, Chief Compliance Officer and Secretary of the Manager. Mr. Flax has also served as Executive Vice President and Secretary and a member of the board of directors of American Capital Agency Corp. since January 2008 and July 2011, respectively, and Executive Vice President, Chief Compliance Officer and Secretary of its manager, American Capital AGNC 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 Asset Management, 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 is Senior Vice President, Chief Risk Officer of American Capital Mortgage Investment Corp. He serves as Senior Vice President and Chief Risk Officer of Manager since May 2011. Mr. Federico is the Senior Vice President and Chief Risk Officer of American Capital Agency Corp. and of its manager, American Capital AGNC Management, LLC. He is primarily responsible for overseeing risk management activities for the Company and other funds managed by American Capital Mortgage Management, LLC’s subsidiaries. Mr. Federico joined the parent company of the 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 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 is Senior Vice President - Agency Portfolio Investments of American Capital Mortgage Investment Corp. He is Senior Vice President of the Manager since April 2011. Mr. Kuehl is a Senior Vice President, Agency Portfolio Investments of American Capital Agency Corp. and Senior Vice President of its manager, American Capital AGNC Management, LLC. Prior to joining the parent company of the Manager, 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 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.

Alvin Puryear

Dr. Alvin N. Puryear serves as Director of American Capital Mortgage Investment Corp., since July 2011. 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 and American Capital Agency 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 Independent Director of American Capital Mortgage Investment Corp since July 2011. 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 is 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. 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. 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 and is a certified public accountant (inactive). Mr. Couch also serves on the board of directors of American Capital Agency Corp.

Morris Davis

Dr. Morris A. Davis serves as Independent Director of American Capital Mortgage Investment Corp since July 2011. Dr. Davis is the Academic Director of the James A. Graaskamp Center for Real Estate and is the James A. Graaskamp Chair of Real Estate in the Department of Real Estate and Urban Land Economics at the University of Wisconsin-Madison. 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 Agency Corp.

Randy Dobbs

Mr. Randy E. Dobbs serves as Independent Director of American Capital Mortgage Investment Corp since July 2011. Mr. Dobbs has served as Chief Executive Officer for Matrix Medical Network (“Matrix”), a provider of home health assessments for Medicare Advantage clients across 36 states, since April 2012. Matrix is a portfolio company of 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. 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”). 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. 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 Independent Director of American Capital Mortgage Investment Corp since July 2011. 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 Americean Capital Agency Corp.

Prue Larocca

Ms. Prue B. Larocca is Independent Director of American Capital Mortgage Investment 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 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. Ms. Larocca also serves on the board of directors of American Capital Agency Corp.
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