Invesco Mortgage Capital Announces Appointment to Board of Directors and Notice of Annual General Meeting

Rhea-AI Summary

Invesco Mortgage Capital Inc. (NYSE: IVR) has announced the appointment of Katharine Kelley to its Board of Directors, effective March 1, 2023. Kelley, who is the President and Owner of Green Street Properties, brings significant expertise in real estate development, particularly in multifamily and commercial sectors. She will serve on the Audit, Compensation, and Nomination and Corporate Governance committees. Additionally, the company will hold its 2023 Annual Meeting of Stockholders on May 8, 2023. Shareholders of record as of March 9, 2023 will be entitled to vote at the meeting.

Positive

• Appointment of Katharine Kelley adds valuable real estate expertise to the Board.
• Kelley will contribute to critical governance committees, strengthening leadership oversight.

Negative

• None.

ATLANTA, Feb. 22, 2023 /PRNewswire/ -- Invesco Mortgage Capital Inc. (the "Company") (NYSE: IVR) announced today that Katharine Kelley will join its Board of Directors on March 1. Ms. Kelley is President and Owner of Green Street Properties, an Atlanta-based real estate development and consulting firm focused on creating urban infill, mixed-use properties with catalytic impact. Ms. Kelley will also join the Audit, Compensation, and Nomination and Corporate Governance committees of the Company's Board of Directors (the "Board").

"We are very pleased to have Katharine join our Board," said Jack Hardin, Chair of the Invesco Mortgage Capital Inc. Board of Directors. "Her extensive real estate development work and expertise in multifamily residential and commercial real estate, along with her strategic acumen and entrepreneurial background, will greatly contribute to our Board."

The Company also announced that it will hold its 2023 Annual Meeting of Stockholders on Monday, May 8, 2023 at 2:00 pm ET at the Kimpton Shane Hotel, 1340 W. Peachtree Street NW, Atlanta, GA 30309.

Stockholders of record of the Company as of the close of business on March 9, 2023 are entitled to attend the Annual Meeting and vote their shares.

About Invesco Mortgage Capital Inc.
Invesco Mortgage Capital Inc. is a real estate investment trust that focuses on financing and managing residential and commercial mortgage-backed securities and mortgage loans. Invesco Mortgage Capital Inc. is externally managed and advised by Invesco Advisers, Inc., a subsidiary of Invesco Ltd., a leading independent global investment management firm.  Additional information is available at www.invescomortgagecapital.com.

Investor Relations Contact: Matt Seitz, 404-439-3323

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SOURCE Invesco Mortgage Capital Inc.

FAQ

Who is Katharine Kelley and what is her role at Invesco Mortgage Capital?

Katharine Kelley is the newly appointed member of the Board of Directors at Invesco Mortgage Capital, effective March 1, 2023. She is the President and Owner of Green Street Properties, specializing in real estate development.

When will the 2023 Annual Meeting of Stockholders for Invesco Mortgage Capital take place?

The 2023 Annual Meeting of Stockholders for Invesco Mortgage Capital is scheduled for May 8, 2023.

What are the key responsibilities of Katharine Kelley on the Board of Invesco Mortgage Capital?

Katharine Kelley will serve on the Audit, Compensation, and Nomination and Corporate Governance committees, contributing her expertise to enhance corporate governance.

What is the significance of Katharine Kelley joining Invesco Mortgage Capital's Board?

Kelley’s extensive experience in real estate development is expected to strengthen the Board's strategic direction and oversight of the company's operations.