AGNC Investment Management
Management criteria checks 2/4
AGNC Investment's CEO is Peter Federico, appointed in Mar 2018, has a tenure of 6.67 years. total yearly compensation is $12.32M, comprised of 7.3% salary and 92.7% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $13.23M. The average tenure of the management team and the board of directors is 8.3 years and 5.9 years respectively.
Key information
Peter Federico
Chief executive officer
US$12.3m
Total compensation
| CEO salary percentage | 7.3% |
| CEO tenure | 6.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 8.3yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Collect 15% Yields From Your Neighbors: AGNC
Nov 02AGNC: The Investment Time Has Arrived
Oct 24AGNC: Double (Or Triple) Dividend Play
Oct 17Is AGNC Investment's 14% Dividend Yield A Free Lunch, Or Is It Fraught With Risk?
Oct 04Collect 14% From Your Neighbors: AGNC
Sep 07AGNC: Same Results, Same Dividend, Different Reaction
Aug 30AGNC Investment's 14.3% Yield Is A Hold
Jul 31AGNC Investment: I Am Buying This 14% Yield Hand Over Fist (Rating Upgrade)
Jul 25AGNC's 15% Yield Remains Intact While Lower Rates Are Bullish For Their Future
Jul 10Why AGNC's 15% Yield Might Be Unsustainable But Still Worth Considering
Jun 06Big Opportunity For A Big 15% Yield: AGNC
May 02AGNC: Don't Overthink Its Juicy High Yields (Rating Upgrade)
Apr 08AGNC: Rare Conference Appearances Show Insight Into Potential Goldilocks MBS Market
Mar 07AGNC: A Dividend That Can't Get Back Up
Feb 04AGNC: After A 50% Rally, Time For A Sanity Check (Downgrade)
Jan 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$290m |
| Mar 31 2024 | n/a | n/a | US$625m |
| Dec 31 2023 | US$12m | US$900k | US$32m |
| Sep 30 2023 | n/a | n/a | US$183m |
| Jun 30 2023 | n/a | n/a | -US$86m |
| Mar 31 2023 | n/a | n/a | -US$800m |
| Dec 31 2022 | US$8m | US$900k | -US$1b |
| Sep 30 2022 | n/a | n/a | -US$2b |
| Jun 30 2022 | n/a | n/a | -US$1b |
| Mar 31 2022 | n/a | n/a | -US$977m |
| Dec 31 2021 | US$7m | US$900k | US$649m |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$2b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$5m | US$900k | -US$362m |
| Sep 30 2020 | n/a | n/a | -US$265m |
| Jun 30 2020 | n/a | n/a | -US$919m |
| Mar 31 2020 | n/a | n/a | -US$2b |
| Dec 31 2019 | US$5m | US$900k | US$628m |
| Sep 30 2019 | n/a | n/a | -US$1b |
| Jun 30 2019 | n/a | n/a | -US$808m |
| Mar 31 2019 | n/a | n/a | -US$67m |
| Dec 31 2018 | US$5m | US$900k | US$93m |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$1b |
| Dec 31 2017 | US$5m | US$900k | US$733m |
Compensation vs Market: Peter's total compensation ($USD12.32M) is above average for companies of similar size in the US market ($USD7.88M).
Compensation vs Earnings: Peter's compensation has increased by more than 20% in the past year.
CEO
Peter Federico (58 yo)
6.7yrs
Tenure
US$12,318,800
Compensation
Mr. Peter J. Federico is Chief Executive Officer and Director at AGNC Investment Corp. since July 1, 2021 and serves as its President since March 31, 2018. He had been Chief Operating Officer of AGNC Inves...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.7yrs | US$9.84m | 0.30% $ 26.0m | |
| President | 6.7yrs | US$12.32m | 0.15% $ 13.2m | |
| Executive VP & CFO | 6.7yrs | US$4.43m | 0.034% $ 2.9m | |
| Executive VP & Chief Investment Officer | 3.3yrs | US$6.85m | 0.084% $ 7.1m | |
| Executive VP | 8.3yrs | US$3.34m | 0.039% $ 3.3m | |
| Executive Vice President of Strategy & Corporate Development | 8.3yrs | US$3.34m | 0.026% $ 2.2m | |
| Senior VP & CTO | 7.6yrs | no data | no data | |
| Vice President of Investor Relations | 8.3yrs | no data | no data | |
| Head of Asset & Liability Management and Senior VP | 8.3yrs | no data | no data | |
| Senior Vice President | no data | US$2.10m | no data | |
| Senior VP | 8.3yrs | no data | no data | |
| Senior Vice President of Internal Audit | 8.3yrs | no data | no data |
8.3yrs
Average Tenure
54yo
Average Age
Experienced Management: AGNC's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.7yrs | US$9.84m | 0.30% $ 26.0m | |
| President | 3.3yrs | US$12.32m | 0.15% $ 13.2m | |
| Independent Director | 5.2yrs | US$283.75k | 0.0024% $ 201.0k | |
| Independent Director | 5.9yrs | US$313.75k | 0.00052% $ 44.5k | |
| Independent Director | 5.2yrs | US$283.75k | 0.0028% $ 240.4k | |
| Independent Director | 7.9yrs | US$283.75k | 0.013% $ 1.1m | |
| Independent Director | 3.1yrs | US$283.75k | no data | |
| Independent Director | 16.8yrs | US$313.75k | 0.0070% $ 601.4k | |
| Independent Vice Chairman & Lead Independent Director | 11.8yrs | US$403.75k | 0.0078% $ 668.2k |
5.9yrs
Average Tenure
63yo
Average Age
Experienced Board: AGNC's board of directors are considered experienced (5.9 years average tenure).