Dynex Capital Promotes Smriti Laxman Popenoe to Co-CEO and Announces Other Executive Promotions
Dynex Capital (NYSE: DX) announced several executive promotions, highlighting its commitment to a robust human capital strategy. Smriti Laxman Popenoe has been promoted to Co-CEO, while retaining her roles as President and CIO. Rob Colligan has been promoted to Chief Operating Officer, in addition to his CFO role. The company also welcomed Harman Sahni as Chief Technology Officer.
Other promotions include Robert Nilson to Chief Risk Officer, Jeff Childress to Chief Accounting Officer, and Rebecca Imhof to Controller. These changes reflect Dynex's focus on fostering internal talent and adapting to the complex global environment. The Co-CEO model, with Byron Boston remaining as Chairman and Co-CEO, aims to enhance the company's strategy, execution, and culture, potentially driving long-term value for shareholders.
Dynex Capital (NYSE: DX) ha annunciato diverse promozioni esecutive, evidenziando il suo impegno per una solida strategia di capitale umano. Smriti Laxman Popenoe è stata promossa a Co-CEO, mantenendo i suoi ruoli di Presidente e CIO. Rob Colligan è stato promosso a Chief Operating Officer, oltre al suo ruolo di CFO. L'azienda ha anche accolto Harman Sahni come Chief Technology Officer.
Altre promozioni includono Robert Nilson a Chief Risk Officer, Jeff Childress a Chief Accounting Officer, e Rebecca Imhof a Controller. Questi cambiamenti riflettono l'attenzione di Dynex nell'incoraggiare il talento interno e nell'adattarsi al complesso ambiente globale. Il modello di Co-CEO, con Byron Boston che rimane come Chairman e Co-CEO, mira a migliorare la strategia, l'esecuzione e la cultura dell'azienda, potenzialmente guidando il valore a lungo termine per gli azionisti.
Dynex Capital (NYSE: DX) anunció varias promociones ejecutivas, destacando su compromiso con una sólida estrategia de capital humano. Smriti Laxman Popenoe ha sido promovida a Co-CEO, manteniendo sus roles como Presidenta y CIO. Rob Colligan ha sido promovido a Chief Operating Officer, además de su rol como CFO. La empresa también dio la bienvenida a Harman Sahni como Chief Technology Officer.
Otras promociones incluyen a Robert Nilson como Chief Risk Officer, Jeff Childress como Chief Accounting Officer, y Rebecca Imhof como Controladora. Estos cambios reflejan el enfoque de Dynex en fomentar el talento interno y adaptarse al complejo entorno global. El modelo de Co-CEO, con Byron Boston permaneciendo como Presidente y Co-CEO, tiene como objetivo mejorar la estrategia, la ejecución y la cultura de la empresa, lo que podría impulsar el valor a largo plazo para los accionistas.
Dynex Capital(NYSE: DX)는 강력한 인적 자원 전략에 대한 약속을 강조하며 여러 임원 승진을 발표했습니다. Smriti Laxman Popenoe는 Co-CEO로 승진하면서 대통령 및 CIO 역할을 계속 유지합니다. Rob Colligan은 CFO 역할 외에 COO로 승진했습니다. 이 회사는 또한 Harman Sahni를 Chief Technology Officer로 맞이했습니다.
기타 승진에는 Robert Nilson이 Chief Risk Officer로, Jeff Childress가 Chief Accounting Officer로, 그리고 Rebecca Imhof가 Controller로 승진했습니다. 이러한 변화는 Dynex의 내부 인재 육성과 복잡한 글로벌 환경에의 적응에 대한 초점을 반영합니다. Byron Boston이 회장 및 Co-CEO로 남아있는 Co-CEO 모델은 회사의 전략, 실행 및 문화를 향상시키고, 잠재적으로 주주를 위한 장기 가치를 이끌어낼 수 있습니다.
Dynex Capital (NYSE: DX) a annoncé plusieurs promotions exécutives, soulignant son engagement envers une stratégie de capital humain solide. Smriti Laxman Popenoe a été promue Co-CEO, tout en conservant ses fonctions de Présidente et CIO. Rob Colligan a été promu au poste de Chief Operating Officer, en plus de son rôle de CFO. L'entreprise a également accueilli Harman Sahni en tant que Chief Technology Officer.
D'autres promotions comprennent Robert Nilson en tant que Chief Risk Officer, Jeff Childress en tant que Chief Accounting Officer, et Rebecca Imhof en tant que Contrôleur. Ces changements reflètent l'engagement de Dynex à promouvoir les talents internes et à s'adapter à l'environnement mondial complexe. Le modèle Co-CEO, avec Byron Boston restant en tant que Président et Co-CEO, vise à améliorer la stratégie, l'exécution et la culture de l'entreprise, ce qui pourrait potentiellement générer de la valeur à long terme pour les actionnaires.
Dynex Capital (NYSE: DX) hat mehrere Beförderungen von Führungskräften bekannt gegeben und dabei sein Engagement für eine robuste Personalstrategie hervorgehoben. Smriti Laxman Popenoe wurde zur Co-CEO befördert und behält gleichzeitig ihre Rollen als Präsidentin und CIO. Rob Colligan wurde zum Chief Operating Officer befördert, zusätzlich zu seiner Rolle als CFO. Das Unternehmen hat zudem Harman Sahni als Chief Technology Officer neu eingestellt.
Weitere Beförderungen sind Robert Nilson zum Chief Risk Officer, Jeff Childress zum Chief Accounting Officer und Rebecca Imhof zur Controllerin. Diese Veränderungen spiegeln Dynex' Fokus auf die Förderung interner Talente und die Anpassung an das komplexe globale Umfeld wider. Das Co-CEO-Modell, in dem Byron Boston als Vorsitzender und Co-CEO verbleibt, zielt darauf ab, die Strategie, Umsetzung und Kultur des Unternehmens zu verbessern und könnte potenziell den langfristigen Wert für die Aktionäre steigern.
- Promotion of experienced executives to key leadership positions, potentially improving management efficiency
- Implementation of Co-CEO model, possibly enhancing strategic decision-making and execution
- Addition of a Chief Technology Officer, potentially driving digital transformation and innovation
- Focus on internal talent development, potentially improving employee retention and company culture
- None.
- Smriti Laxman Popenoe promoted to Co-CEO, remains President and Chief Investment Officer
- Rob Colligan promoted to Chief Operating Officer, remains Chief Financial Officer
- Industry veteran Harman Sahni joins Dynex as Chief Technology Officer
- Dynex well-positioned for continued success
Smriti Laxman Popenoe Promoted to Co-CEO
Ms. Popenoe, who has served as the Company's President and Chief Investment Officer, has been promoted to Co-Chief Executive Officer, effective immediately. She will lead Dynex together with Byron Boston, who remains Chairman and Co-CEO, to continue building on the Company's proven strategy, operations, and culture. Ms. Popenoe will retain her role as President and CIO, overseeing the Company's investment portfolio and capital management, and continue as a member of the Board of Directors.
Ms. Popenoe has more than 30 years of experience in capital markets and investing, including senior roles at Wachovia and Freddie Mac. She is a recognized leader in the REIT sector and has been instrumental in driving Dynex’s strong performance, risk management, and innovation.
"Managing our company for the long term in this complex and dynamic global environment requires experience, continuity, and collaboration,” said Julia Coronado, Lead Independent Director of Dynex. “Smriti has demonstrated these qualities in abundance and has proven to be an exceptional leader working alongside Byron. This Co-CEO model will enable them to continue to enhance the company's strategy, execution, and culture, and deliver value for our shareholders, employees, and stakeholders."
“Smriti and I have now been teammates for 27 years, and this is a natural step given the key role she has played in growing Dynex,” said Byron Boston, Chairman and Co-CEO of Dynex. “In her new role, Smriti will focus on operations and performance, while continuing her day-to-day role as CIO. She has earned the respect and support of Dynex’s investors, employees, and other key stakeholders. I look forward to continuing to work side by side with her as we leverage and extend the performance culture of Dynex.”
Rob Colligan Promoted to COO
Dynex also announced the promotion of Rob Colligan, who has served as the Company's Chief Financial Officer since 2022, to Chief Financial Officer and Chief Operating Officer, effective immediately. In his expanded role, Mr. Colligan will oversee the Company's finance, accounting, legal, human resources, investor relations, and marketing functions, in addition to the newly created technology function. He will continue to report to Co-CEOs Byron Boston and Smriti Popenoe.
Mr. Colligan has more than 30 years of experience in the financial services industry, with a focus on the mortgage and capital markets. He has held senior leadership positions at Merrill Lynch, Bear Stearns, Starwood Capital, and Chimera Investment Corporation, where he was instrumental in building and managing the companies’ respective finance platforms across multiple asset classes. He joined Dynex in 2022 and has been responsible for successfully leading the Company’s financial strategy, reporting, and operating activities.
“Since joining Dynex, Rob has employed his extensive finance and operations capabilities,” said Smriti Popenoe, Co-CEO, President and CIO, and Byron Boston, Chairman and Co-CEO. “He has streamlined and transformed our HR, IT, legal, investor relations, and marketing teams. Formalizing his leadership as COO will serve Dynex shareholders well into the future. Rob has been an integral part of the strategy to build a strong and resilient company that can adapt to changing market conditions and capitalize on new opportunities. He brings broad and deep experience and expertise that will help us enhance our operating platform to capture new opportunities and drive long-term value creation.”
Harman Sahni Joins as Chief Technology Officer
Dynex also announced the hiring of Harman Sahni as Chief Technology Officer, effective immediately. Mr. Sahni will be responsible for leading the Company’s technology strategy, infrastructure, and innovation, and will report to Rob Colligan, CFO and COO.
For the past 10 years, Mr. Sahni held senior technology roles at Rithm Capital and Annaly Capital, where he focused on application development, risk and data analytics, and cloud-based solutions. Earlier in his career, he held technology roles at Bank of America, Citigroup, and Barclays.
"We are thrilled to welcome
Other Executive Promotions
In addition to the Co-CEO, COO, and CTO announcements, Dynex announced the following executive promotions:
- Robert Nilson, who has served as the Company's Vice President of Risk and Compliance since 2018, has been promoted to Chief Risk Officer. He will oversee the company's enterprise risk management, and will report to Smriti Popenoe, Co-CEO, President and CIO.
- Jeff Childress, who has served as the Company's Vice President and Controller since 2005, has been promoted to Chief Accounting Officer. He will lead the Company's technical accounting and tax functions, and will report to Rob Colligan, CFO and COO.
- Rebecca Imhof, the Company's Assistant Controller since 2019, has been promoted to Controller. She will manage the Company's accounting and treasury operations, and will report to Rob Colligan, CFO and COO.
"These promotions reflect the depth and breadth of talent we have at Dynex, and the contributions these leaders have made to our success. They demonstrate our commitment to developing and rewarding our people, and to fostering a culture of excellence, collaboration, and growth. On behalf of the executive team and Board of Directors, we congratulate them on their well-deserved promotions, and look forward to their continued leadership and impact," said Byron Boston, Chairman and Co-CEO.
About Dynex Capital
Dynex Capital, Inc. is a financial services company committed to ethical stewardship of stakeholders' capital; employing comprehensive risk management and disciplined capital allocation to generate dividend income and long-term total returns through the diversified financing of real estate assets in
Forward Looking Statement
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the business of Dynex Capital, Inc. that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of these risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.
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Alison Griffin
(804) 217-5897
Source: Dynex Capital, Inc.
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