– USA, VA – Dynex Capital, Inc. (NYSE: DX) today announced the appointment of CEO Byron Boston to the additional role of Chairman of the Board of Directors effective immediately alongside current Board member Dr. Julia Coronado as Lead Independent Director.
Byron Boston succeeds Mike Hughes as Chairman.
Byron Boston has served as CEO since January 2014 and joined the Board in 2012. Both he and Dr. Coronado have extensive financial analysis and technology backgrounds and have helped lead the Company’s strategic investments in its people, processes, and technological capabilities.
“I am honored to serve as Dynex’s next Chairman and look forward to driving continued collaboration between our executive leadership team and the Board,” said Byron Boston. “We see abundant investment opportunities ahead of us, and we are well positioned to capitalize on this market momentum moving forward. I would like to thank Michael Hughes for his leadership and service to the Board throughout his tenure as Chairman, particularly his work in building Dynex’s resilience for the future.”
About Dr. Julia Coronado
Dr. Coronado has served on Dynex’s Board since October 2020. She is currently the President and Founder of MacroPolicy Perspectives, LLC, a research advisory firm with deep expertise in macroeconomics, regulatory policy, and financial and global markets that helps inform client decisions in financial services and other industries.
“I am thrilled to continue working with Byron and the rest of Dynex’s Board in this new capacity,” said Dr. Coronado. “With Byron as Chairman, I know that Dynex will continue to be well-positioned to execute upon its long-term investment strategy and thrive in this complex macroeconomic environment for the benefit of our shareholders.”
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 the United States. Dynex operates as a REIT and is internally managed to maximize stakeholder alignment.
For more information: https://www.dynexcapital.com/
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