AGNC - AGNC Investment Corp.
About AGNC Investment Corp. (https://www.agnc.com)
AGNC Investment Corp. functions as a U.S.-based real estate investment trust (REIT). The firm primarily concentrates its investments on residential mortgage-backed securities (RMBS) and collateralized mortgage obligations (CMOs). A defining feature of these securities is that their principal and interest payments are secured by guarantees from either U.S. government-sponsored entities or federal government agencies. To fund these investments, AGNC largely depends on secured borrowings, specifically organized as repurchase agreements. The company has opted for REIT tax status under the 1986 Internal Revenue Code, which exempts it from federal corporate income taxes, contingent on distributing a minimum of 90% of its taxable profits to its shareholders. Originally established in 2008, the entity, with its headquarters in Bethesda, Maryland, operated as American Capital Agency Corp. until it adopted its current name, AGNC Investment Corp., in September 2016.
Key Executives
| NAME | TITLE | DOB | SALARY |
|---|---|---|---|
| Peter J. Federico | President, Chief Executive Officer & Director and Chief Investment Officer | 1966 | $8,458,500 USD |
| Gary D. Kain | Executive Chairman | 1965 | $3,536,000 USD |
| Bernice E. Bell | Executive Vice President & Chief Financial Officer | 1972 | $3,405,375 USD |
| Christopher J. Kuehl | Senior Vice President and Head of Investment Research & Strategy | 1974 | $3,132,300 USD |
| Sean Reid | Executive Vice President of Strategy & Corporate Development | – | $2,878,500 USD |
| Kenneth L. Pollack | Executive Vice President, General Counsel, Chief Compliance Officer & Secretary | 1968 | $2,497,500 USD |
| Aaron J. Pas | Senior Vice President | 1981 | $1,243,088 USD |
| Christopher Erhorn | Senior Vice President & Chief Technology Officer | – | – |
| Cynthia Warnick | Vice President of Human Resources | – | – |
| Jason Campbell | Head of Asset & Liability Management and Senior Vice President | – | – |
| Katie R. Wisecarver | Vice President of Investor Relations | – | – |