People: Ellington Residential Mortgage REIT (EARN.N)
3 Dec 2013
Mr. Michael W. Vranos is Co-Chief Investment Officer, Trustee of Ellington Residential Mortgage REIT. He was appointed as Trustee of the Company on May 1, 2013. Mr. Vranos is the founder and Chief Executive Officer of Ellington. Mr. Vranos is also the Chief Executive Officer and President of the Manager and serves on the Manager’s investment and risk management committee. Mr. Vranos has been Co-Chief Investment Officer since October 2012 and has agreed to become a member of the Board of Trustees upon completion of this offering. Mr. Vranos also serves as Co-Chief Investment Officer and as a member of the Board of Directors for Ellington Financial LLC. Mr. Vranos founded Ellington in December of 1994 to capitalize on distressed conditions in the MBS derivatives market. Until December 1994, Mr. Vranos was a Senior Managing Director at Kidder Peabody in charge of RMBS trading. Mr. Vranos graduated magna cum laude, Phi Beta Kappa with a B.A. in Mathematics from Harvard University.
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