ARMOUR Residential REIT Management

Management criteria checks 2/4

ARMOUR Residential REIT's CEO is Jeff Zimmer, appointed in Nov 2008, has a tenure of 15.25 years. directly owns 0.1% of the company’s shares, worth MX$15.80M. The average tenure of the management team and the board of directors is 11.4 years and 14.3 years respectively.

Key information

Jeff Zimmer

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	15.3yrs
CEO ownership	0.1%
Management average tenure	11.4yrs
Board average tenure	14.3yrs

Recent management updates

Recent updates

CEO

Jeff Zimmer (66 yo)

15.3yrs

Tenure

Mr. Jeffrey J. Zimmer, also known as Jeff, had been Chief Operating Officer of ARMOUR Residential REIT, Inc. since March 31, 2020 and its Co-Chief Executive Officer since November 2009. He has been Preside...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jeffrey Zimmer	Co-CEO, Co-Vice Chairman & President	15.3yrs	no data	0.10% $ 15.8m
Scott Ulm	Co-CEO, Co-Vice Chairman & Head of Risk Management	14.3yrs	no data	0.11% $ 17.4m
James Mountain	CFO & Secretary	11.4yrs	no data	0.040% $ 6.3m
Mark Gruber	Chief Investment Officer	5.9yrs	no data	0.045% $ 7.0m
Gordon Harper	VP of Finance	8.2yrs	no data	0.021% $ 3.3m
David Sayles	Managing Director for Portfolio & Risk Analysis	no data	no data	no data

11.4yrs

Average Tenure

64yo

Average Age

Experienced Management: ARR *'s management team is seasoned and experienced (11.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jeffrey Zimmer	Co-CEO, Co-Vice Chairman & President	14.3yrs	no data	0.10% $ 15.8m
Scott Ulm	Co-CEO, Co-Vice Chairman & Head of Risk Management	14.3yrs	no data	0.11% $ 17.4m
Marc Bell	Director	14.3yrs	US$132.00k	0.033% $ 5.2m
Daniel Staton	Non-Executive Chairman	14.3yrs	US$167.00k	0.021% $ 3.4m
Stewart Paperin	Independent Director	14.3yrs	US$202.00k	0.043% $ 6.7m
Robert Hain	Independent Director	14.3yrs	US$192.00k	0.012% $ 1.8m
John Hollihan	Independent Director	14.3yrs	US$192.00k	0.022% $ 3.5m
Carolyn Downey	Independent Director	10.4yrs	US$132.00k	0.033% $ 5.1m
Z. Behar	Independent Director	4.6yrs	US$167.00k	0.017% $ 2.7m
Thomas Guba	Lead Independent Director	14.3yrs	US$167.00k	0.037% $ 5.8m

14.3yrs

Average Tenure

70yo

Average Age

Experienced Board: ARR *'s board of directors are seasoned and experienced ( 14.3 years average tenure).

ARMOUR Residential REIT Management

Management criteria checks 2/4

Key information

Recent management updates

ARMOUR Residential REIT, Inc., Annual General Meeting, May 31, 2024

ARMOUR Residential REIT, Inc. Announces Executive Changes

ARMOUR Residential REIT, Inc. Announces Secretary Changes

Thomas Guba Resigns from Board of Directors of ARMOUR Residential REIT, Inc

Thomas Guba Resigns from Board of Directors of ARMOUR Residential REIT, Inc

Insufficient new directors

Recent updates

ARMOUR Residential REIT, Inc. Announces May 2024 Cash Dividend, Payable on May 28, 2024

ARMOUR Residential REIT, Inc., Annual General Meeting, May 31, 2024

ARMOUR Residential REIT, Inc. Confirms April 2024 Common Share Dividend, Payable on April 29, 2024

ARMOUR Residential REIT, Inc. Announces Executive Changes

ARMOUR Residential REIT, Inc. Announces Secretary Changes

ARMOUR Residential REIT, Inc. announced delayed annual 10-K filing

ARMOUR Residential REIT, Inc. Announces Cash Dividend for March 2024, Payable on March 28, 2024

Thomas Guba Resigns from Board of Directors of ARMOUR Residential REIT, Inc

Thomas Guba Resigns from Board of Directors of ARMOUR Residential REIT, Inc

ARMOUR Residential REIT, Inc. Announces Cash Dividend for February 2024, Payable on February 28, 2024

ARMOUR Residential REIT, Inc Announces Dividend Guidance for the Month of January 2024, Payable on January 30, 2024

ARMOUR Residential REIT, Inc Announces Guidance for the Month of January 2024, Payable on January 30, 2024

Insufficient new directors

ARMOUR Residential REIT, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.08 per share

Insufficient new directors

Upcoming dividend of US$0.08 per share at 19% yield

New major risk - Dividend sustainability

Insufficient new directors

Armour Residential REIT, Inc. Announces Cash Dividend for the Month of August 2023, Payable on August 30, 2023

ARMOUR Residential REIT, Inc. to Report Q2, 2023 Results on Jul 26, 2023

ARMOUR Residential REIT, Inc. Confirms July 2023 Cash Dividend, Payable on July 28, 2023

ARMOUR Residential REIT, Inc. Announces Dividend Guidance for July 2023, Payable on July 28, 2023

ARMOUR Residential REIT, Inc. Announces June 2023 Cash Dividend, Payable on June 29, 2023

ARMOUR Residential REIT, Inc. Announces Dividend for the Month of March 2023, Payable on March 28, 2023

ARMOUR Residential REIT, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Insufficient new directors

ARMOUR Residential REIT, Inc. Announces Cash Dividend for the Month of February 2023, Payable on February 27, 2023

Insufficient new directors

ARMOUR Residential REIT, Inc. Confirms Cash Dividend for the Month of January 2023, Payable on January 30, 2023

ARMOUR Residential REIT, Inc. Announces Guidance for January 2023 Dividend, Payable on January 30, 2023

ARMOUR Residential REIT, Inc. Announces December 2022 Cash Dividend, Payable on December 28, 2022

ARMOUR Residential REIT, Inc. Announces November 2022 Cash Dividend, Payable on November 28, 2022

ARMOUR Residential REIT, Inc. to Report Q3, 2022 Results on Oct 26, 2022

Upcoming dividend of US$0.10 per share

ARMOUR Residential REIT, Inc. Announces Dividend Guidance for October 2022, Payable on October 28, 2022

Upcoming dividend of US$0.10 per share

ARMOUR Residential REIT, Inc. Announces Dividend for the Month of September 2022, Payable on September 29, 2022

Upcoming dividend of US$0.10 per share

Armour Residential Reit, Inc. Announces August 2022 Cash Dividend for the Common Stock, Payable on August 29, 2022

Insufficient new directors

Upcoming dividend of US$0.10 per share

ARMOUR Residential Confirms the Cash Dividend Payable on July 29, 2022

ARMOUR Residential REIT, Inc. Provides Dividend Guidance for July 2022, Payable on July 29, 2022

Upcoming dividend of US$0.10 per share

Insufficient new directors

ARMOUR Residential REIT, Inc. Announces Dividend for June 2022, Payable on June 29, 2022

ARMOUR Residential REIT, Inc. Confirms Cash Dividend for the Month of May 2022, Payable May 27, 2022

ARMOUR Residential REIT, Inc. Confirms Cash Dividend for the Month of April 2022, Payable April 29, 2022

Insufficient new directors

Investor sentiment deteriorated over the past week

Insufficient new directors

ARMOUR Residential REIT, Inc. Announces March 2022 Dividend Payable on March 28, 2022

ARMOUR Residential REIT, Inc. Announces February 2022 Cash Dividend, Payable on February 28, 2022

Insufficient new directors

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age