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 猫 stata promossa a Co-CEO, mantenendo i suoi ruoli di Presidente e CIO. Rob Colligan 猫 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) anunci贸 varias promociones ejecutivas, destacando su compromiso con una s贸lida 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, adem谩s de su rol como CFO. La empresa tambi茅n 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 ejecuci贸n y la cultura de la empresa, lo que podr铆a impulsar el valor a largo plazo para los accionistas.
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Dynex Capital (NYSE: DX) a annonc茅 plusieurs promotions ex茅cutives, soulignant son engagement envers une strat茅gie de capital humain solide. Smriti Laxman Popenoe a 茅t茅 promue Co-CEO, tout en conservant ses fonctions de Pr茅sidente et CIO. Rob Colligan a 茅t茅 promu au poste de Chief Operating Officer, en plus de son r么le de CFO. L'entreprise a 茅galement 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 Contr么leur. Ces changements refl猫tent l'engagement de Dynex 脿 promouvoir les talents internes et 脿 s'adapter 脿 l'environnement mondial complexe. Le mod猫le Co-CEO, avec Byron Boston restant en tant que Pr茅sident et Co-CEO, vise 脿 am茅liorer la strat茅gie, l'ex茅cution et la culture de l'entreprise, ce qui pourrait potentiellement g茅n茅rer de la valeur 脿 long terme pour les actionnaires.
Dynex Capital (NYSE: DX) hat mehrere Bef枚rderungen von F眉hrungskr盲ften bekannt gegeben und dabei sein Engagement f眉r eine robuste Personalstrategie hervorgehoben. Smriti Laxman Popenoe wurde zur Co-CEO bef枚rdert und beh盲lt gleichzeitig ihre Rollen als Pr盲sidentin und CIO. Rob Colligan wurde zum Chief Operating Officer bef枚rdert, zus盲tzlich zu seiner Rolle als CFO. Das Unternehmen hat zudem Harman Sahni als Chief Technology Officer neu eingestellt.
Weitere Bef枚rderungen sind Robert Nilson zum Chief Risk Officer, Jeff Childress zum Chief Accounting Officer und Rebecca Imhof zur Controllerin. Diese Ver盲nderungen spiegeln Dynex' Fokus auf die F枚rderung 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 k枚nnte potenziell den langfristigen Wert f眉r die Aktion盲re 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鈥檚 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,鈥� said Julia Coronado, Lead Independent Director of Dynex. 鈥淪mriti 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."
鈥淪mriti 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,鈥� said Byron Boston, Chairman and Co-CEO of Dynex. 鈥淚n 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鈥檚 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.鈥�
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鈥� respective finance platforms across multiple asset classes. He joined Dynex in 2022 and has been responsible for successfully leading the Company鈥檚 financial strategy, reporting, and operating activities.
鈥淪ince joining Dynex, Rob has employed his extensive finance and operations capabilities,鈥� said Smriti Popenoe, Co-CEO, President and CIO, and Byron Boston, Chairman and Co-CEO. 鈥淗e 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.鈥�
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鈥檚 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
鈥淪afe Harbor鈥� 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 鈥渇orward-looking statements鈥� 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 鈥淩isk Factors鈥� in the Company鈥檚 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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