People: Western Asset Mortgage Capital Corp (WMC.N)
WMC.N on New York Stock Exchange
16.54USD
1:45pm EDT
16.54USD
1:45pm EDT
Price Change (% chg)
$0.33 (+2.04%)
$0.33 (+2.04%)
Prev Close
$16.21
$16.21
Open
$16.50
$16.50
Day's High
$16.65
$16.65
Day's Low
$16.26
$16.26
Volume
36,542
36,542
Avg. Vol
153,750
153,750
52-wk High
$24.72
$24.72
52-wk Low
$15.05
$15.05
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
James Hirschmann |
53 | 2009 | Chairman of the Board |
Gavin James |
53 | 2011 | President, Chief Executive Officer, Director |
Steven Sherwyn |
52 | 2012 | Chief Financial Officer, Treasurer |
Travis Carr |
43 | 2011 | Chief Operating Officer |
Stephen Fulton |
55 | 2011 | Chief Investment Officer |
Edward Fox |
65 | 2012 | Independent Director |
M. Christian Mitchell |
58 | 2012 | Independent Director |
Richard Roll |
73 | Independent Director | |
Larry Clark |
Investor Relations |
Biographies
| Name | Description |
|---|---|
James Hirschmann |
Mr. James W. Hirschmann, III, is Chairman of the Board of Western Asset Mortgage Capital Corp. He has also served as the chief executive officer of the Manager since 1999. Mr. Hirschmann serves on the Manager's board of directors and chairs the Manager's global strategy committee. Mr. Hirschmann has worked at the Manager since 1989. Mr. Hirschmann also served as the president of the Manager's parent company, Legg Mason, Inc. from May 2006 to April 2007. Mr. Hirschmann received a BS from Widener University. |
Gavin James |
Mr. Gavin L. James is President, Chief Executive Officer and Director of Western Asset Mortgage Capital Corp. He has over 30 years of investment experience. He has been the director of portfolio operations at the Manager since July 2009. Mr. James also serves as a member of the Manager's global strategy committee and as a member of the management committee of the Manager's Pasadena office. Prior to that he served as the Manager's director of global client service and marketing from 2002 to July 2009 and has worked at the Manager since 1998. Mr. James was senior portfolio manager of J.P. Morgan Investment Management from 1990 to 1998. He was also head of fixed income sales and trading for Mellon Bank from 1987 to 1990. Prior to joining Mellon Bank, Mr. James was a cross market trader for Drexel Burnham Lambert from 1981 to 1987. Mr. James received a BA from Kingston College in London. |
Steven Sherwyn |
Mr. Steven M. Sherwyn is Chief Financial Officer, Treasurer of Western Asset Mortgage Capital Corp. From 2010 until becoming chief financial officer, Mr. Sherwyn served as Chief Financial Officer and Treasurer of Care Investment Trust Inc., a real estate investment trust that invests in healthcare related real estate. Mr. Sherwyn also previously served as Chief Financial Officer and as a consultant to the Manager in 2009, although the Company was not in operation at that time. Mr. Sherwyn served Chief Financial Officer for Galiot Capital Corporation, a real estate investment trust, from 2008 to 2009. He also served as Chief Financial Officer and Treasurer for Quadra Realty Trust, a real estate investment trust, from 2007 to 2008. Mr. Sherwyn served as a director, senior director, and managing director of Hypo Real Estate Capital Corp. from 2004 to 2006, 2006 to 2007, and 2007 to 2008, respectively. Mr. Sherwyn is a graduate of The Wharton School of the University of Pennsylvania with a B.S. in economics. Mr. Sherwyn also received a J.D. from Stanford Law School and an LL.M. in taxation from New York University Law School. |
Travis Carr |
Mr. Travis C. Carr is Chief Operating Officer of Western Asset Mortgage Capital Corp. He has over 18 years of investment experience. He has also served as a product specialist and head of mortgage-related business efforts at the Manager since 2000. Prior to joining the Manager, Mr. Carr was a senior associate for Pacific Investment Management Company from 1997 to 2000. He was also a secondary market analyst for Royal Thrift and Loan Company from 1994 to 1997. Mr. Carr was a mortgage broker for Home State Financial Corp. from 1993 to 1994. Mr. Carr is a CFA charter holder. He received his BA from UCLA. |
Stephen Fulton |
Mr. Stephen P. Fulton is Chief Investment Officer of Western Asset Mortgage Capital Corp. He has over 28 years of investment experience. Mr. Fulton has served as head of Agency RMBS at the Manager since March 2010 and is a member of the Manager's U.S. Broad Markets Committee. Prior to that Mr. Fulton served as a product specialist focusing on Agency RMBS for the Manager from 2000 to 2010. Prior to joining the Manager, Mr. Fulton worked in MBS sales at Greenwich Capital Markets, Inc. as senior vice president of fixed income sales and as a member of their fixed income executive committee from 1996 to 1999. Prior to 1996, he was senior vice president of fixed income sales for Lehman Brothers Holdings Inc. from 1994 to 1996. Mr. Fulton also worked at J.P. Morgan Securities as director of Fixed Income Sales and a member of the Fixed Income Management committee from 1992 to 1994. Mr. Fulton was vice president of fixed income sales for The Goldman Sachs Group, Inc. from 1985 to 1992. Mr. Fulton also worked at Gibraltar Savings as the head of mortgage portfolio management and asset/liability Management from 1983 to 1985. Mr. Fulton received an MBA from the Amos Tuck School at Dartmouth College and a BA from UCLA. |
Edward Fox |
Mr. Edward D. Fox is Independent Director of Western Asset Mortgage Capital Corp. Mr. Fox has served as chairman and chief executive officer of Vantage Property Investors, LLC, a private real estate investment and development company since January 2003. Mr. Fox was chairman and chief executive officer of Center Trust, a real estate investment trust, from 1998 to January 2003 when Center Trust was acquired by Pan Pacific Retail Properties. Mr. Fox co-founded and served as the chairman of CommonWealth Partners, a fully integrated real estate operating company, from 1995 through October 2003. Prior to forming CommonWealth Partners, Mr. Fox was a senior partner with Maguire Thomas Partners, a national full-service real estate operating company. A certified public accountant, Mr. Fox started his career in public accounting specializing in real estate transactions. Mr. Fox is a director of Thomas Properties Group, Inc., a full-service real estate operating company. Mr. Fox also serves as co-chairman on the Dean's advisory council for the USC School of Architecture, a director of the Orthopaedic Hospital Foundation and on the board of trustees of its foundation. He is a member of the Urban Land Institute and the American Institute of Certified Public Accountants. He received a bachelor's degree in accounting and a master's degree in business, both with honors, from the University of Southern California. |
M. Christian Mitchell |
Mr. M. Christian Mitchell is Independent Director of Western Asset Mortgage Capital Corp. Mr. Mitchell retired from Deloitte & Touche LLP in 2003, where he was the national managing partner of the mortgage, banking and finance companies practice. During his 26-year career at Deloitte, he also served as regional managing partner for various practices including audit, enterprise risk services and financial services. He is a director of Marshall & Stevens, a Los Angeles-based national valuation consulting firm, of Special Value Opportunities Fund LLC, a registered investment fund managed by Tennenbaum Capital Partners, LLC, of Reis, Inc., a New York-based real estate information company, of Grandpoint Capital, a Los Angeles-based bank holding company, and of Parsons Corporation, a Pasadena, CA based engineering, construction, technical and professional services firm. Mr. Mitchell previously served as an adjunct professor of accounting at the University of Redlands and is the chapter president and chairman of the National Association of Corporate Directors, Southern California, and is designated a NACD Board Leadership Fellow. Mr. Mitchell received a BS from the University of Alabama. In 2011 and 2012, Mr. Mitchell was named "one of the 100 most influential people in corporate governance" by Directorship magazine. |
Richard Roll |
Mr. Richard W. Roll is Independent Director of Western Asset Mortgage Capital Corp. Mr. Roll has been a professor at the Anderson Graduate School of Management at the University of California, Los Angeles since 1976, where he holds the Joel Freid Chair in Applied Finance, and is the principal of the consulting firm, Compensation Valuation, Inc., which he founded in 2003. He was the managing director of WP Capital Management, a fixed-income investment management firm from 1992 to 1995, and he was co-chairman of the board of directors for Roll and Ross Asset Management Corporation, a quantitative investment management firm, from 1985 through 2003. Mr. Roll also served as a vice-president at Goldman, Sachs & Co. from 1985 to 1987. Mr. Roll has a BAE from Auburn University, an MBA from the University of Washington and a PhD from the University of Chicago. |
Larry Clark |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
James Hirschmann |
-- |
Gavin James |
-- |
Steven Sherwyn |
539,901 |
Travis Carr |
-- |
Stephen Fulton |
-- |
Edward Fox |
-- |
M. Christian Mitchell |
-- |
Richard Roll |
-- |
Larry Clark |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
James Hirschmann |
0 | 0 |
Gavin James |
0 | 0 |
Steven Sherwyn |
0 | 0 |
Travis Carr |
0 | 0 |
Stephen Fulton |
0 | 0 |
Edward Fox |
0 | 0 |
M. Christian Mitchell |
0 | 0 |
Richard Roll |
0 | 0 |
Larry Clark |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
FOX EDWARD D JR |
1,629 | $0.00 |
ROLL RICHARD W |
1,629 | $0.00 |
MITCHELL M CHRISTIAN |
1,629 | $0.00 |
FULTON STEPHEN P |
5,000 | $20.49 |
JAMES GAVIN LEWIS |
2,100 | $19.97 |
JAMES GAVIN LEWIS |
400 | $19.96 |
FULTON STEPHEN P |
5,000 | $20.35 |
SHERWYN STEVEN M |
10,559 | $21.31 |
JAMES GAVIN LEWIS |
5,250 | $20.74 |
HIRSCHMANN JAMES W III |
2,500 | $19.87 |
HIRSCHMANN JAMES W III |
7,200 | $19.57 |
HIRSCHMANN JAMES W III |
5,000 | $19.51 |
HIRSCHMANN JAMES W III |
5,000 | $19.65 |
HIRSCHMANN JAMES W III |
300 | $19.56 |
CARR TRAVIS |
1,000 | $19.35 |
HIRSCHMANN JAMES W III |
1,500 | $21.82 |
HIRSCHMANN JAMES W III |
1,000 | $21.84 |
HIRSCHMANN JAMES W III |
7,500 | $21.90 |
JAMES GAVIN LEWIS |
5,300 | $18.62 |
CARR TRAVIS |
2,000 | $18.70 |
FOX EDWARD D JR |
700 | $18.77 |
JAMES GAVIN LEWIS |
5,300 | $18.68 |
FOX EDWARD D JR |
4,700 | $18.76 |
CARR TRAVIS |
2,000 | $18.65 |
FULTON STEPHEN P |
78,000 | $18.62 |

