Dynex Capital, Inc.

NYSE:DX.PRC Stock Report

Market Cap: US$1.4b

Dynex Capital Management

Management criteria checks 1/4

Dynex Capital's CEO is Byron Boston, appointed in Jul 2024, has a tenure of less than a year. total yearly compensation is $6.18M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $5.32M. The average tenure of the management team and the board of directors is 0.3 years and 1.2 years respectively.

Key information

Byron Boston

Chief executive officer

US$6.2m

Total compensation

CEO salary percentage13.8%
CEO tenureless than a year
CEO ownership0.4%
Management average tenureless than a year
Board average tenure1.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Byron Boston's remuneration changed compared to Dynex Capital's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$79m

Jun 30 2024n/an/a

US$5m

Mar 31 2024n/an/a

US$68m

Dec 31 2023US$6mUS$850k

-US$14m

Sep 30 2023n/an/a

US$5m

Jun 30 2023n/an/a

US$2m

Mar 31 2023n/an/a

-US$23m

Dec 31 2022US$4mUS$800k

US$135m

Sep 30 2022n/an/a

US$106m

Jun 30 2022n/an/a

US$167m

Mar 31 2022n/an/a

US$94m

Dec 31 2021US$4mUS$750k

US$91m

Sep 30 2021n/an/a

US$116m

Jun 30 2021n/an/a

US$141m

Mar 31 2021n/an/a

US$379m

Dec 31 2020US$4mUS$750k

US$160m

Sep 30 2020n/an/a

US$175m

Jun 30 2020n/an/a

US$97m

Mar 31 2020n/an/a

-US$217m

Dec 31 2019US$2mUS$700k

-US$166m

Sep 30 2019n/an/a

-US$299m

Jun 30 2019n/an/a

-US$236m

Mar 31 2019n/an/a

-US$101m

Dec 31 2018US$2mUS$700k

-US$5m

Sep 30 2018n/an/a

US$96m

Jun 30 2018n/an/a

US$81m

Mar 31 2018n/an/a

US$58m

Dec 31 2017US$2mUS$675k

US$23m

Compensation vs Market: Byron's total compensation ($USD6.18M) is about average for companies of similar size in the US market ($USD5.50M).

Compensation vs Earnings: Byron's compensation has increased by more than 20% in the past year.

CEO

Byron Boston (65 yo)

less than a year

Tenure

US$6,177,239

Compensation

Mr. Byron L. Boston had been the Chief Executive Officer of Dynex Capital, Inc. since January 01, 2014 until July 22, 2024 and serves as its Co-CEO since July 22, 2024 and serves as its Chairman of the Boa...

Leadership Team

NamePositionTenureCompensationOwnership
Byron Boston
Co-CEO & Chairman of the Boardless than a yearUS$6.18m0.37%
$ 5.3m
Smriti Popenoe
Co-CEO, President3.9yrsUS$5.51m0.13%
$ 1.8m
Robert Colligan
Executive VP2.3yrsUS$2.14m0.020%
$ 281.0k
Jeffrey Childress
Chief Accounting Officerless than a yearno data0.013%
$ 181.9k
Harman Sahni
Chief Technology Officerless than a yearno datano data
Alison Griffin
Vice President of Investor Relationsno datano datano data
Wayne Brockwell
Senior Vice President of Portfoliono datano datano data
Robert Nilson
Chief Risk Officerless than a yearno datano data
Terrence Connelly
Head of Strategy & Research1.2yrsno datano data
Rebecca Imhof
Controllerless than a yearno datano data

0.3yrs

Average Tenure

55yo

Average Age

Experienced Management: DX.PRC's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Byron Boston
Co-CEO & Chairman of the Board12.7yrsUS$6.18m0.37%
$ 5.3m
Smriti Popenoe
Co-CEO, President1.2yrsUS$5.51m0.13%
$ 1.8m
Alexander Crawford
Independent Directorless than a yearno data0.0083%
$ 117.9k
Marie Chandoha
Independent Directorless than a yearno datano data
Andrew Gray
Independent Directorless than a yearno data0.0083%
$ 117.9k
Julia Suzanne Coronado
Lead Independent Director4.1yrsUS$216.55k0.026%
$ 366.7k
Joy Palmer
Independent Director4.1yrsUS$227.75k0.026%
$ 366.7k

1.2yrs

Average Tenure

58yo

Average Age

Experienced Board: DX.PRC's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.