MICHAEL R. HUGHES - Corporate Board Profile

DYNEX CAPITAL INC

Filing Date	Source Excerpt
2011-03-30	Michael R. Hughes (50) became a director of the Company in November 2010. ... Mr. Hughes serves as the Chairman of the Compensation Committee and as a member of the Nominating & Corporate Governance Committee for the Company.
2012-04-03	Michael R. Hughes (51) became a director of the Company in November 2010. Mr. Hughes serves as the Chairman of the Compensation Committee and as a member of the Nominating & Corporate Governance Committee for the Company. The following table shows the compensation earned by each of the directors during 2011: Michael C. Hughes: Total $97,950.
2013-04-26	Michael R. Hughes (52) became a director of the Company in November 2010. Mr. Hughes ... Mr. Hughes serves as the Chairman of the Compensation Committee and as a member of the Audit Committee and the Nominating & Corporate Governance Committee for the Company. ... DIRECTOR COMPENSATION FOR 2012 ... Michael C. Hughes ... Total ... $105,950
2014-04-10	Michael R. Hughes (53) became a director of the Company in November 2010 and has been designated as our Lead Independent Director. Mr. Hughes serves as the Chairman of the Compensation Committee and as a member of the Audit Committee, the Investment Committee and the Nominating & Corporate Governance Committee for the Company.
2015-04-08	Michael R. Hughes (54) became a director of the Company in November 2010 and has been designated as our Lead Independent Director. Mr. Hughes serves as the Chairperson of the Compensation Committee and as a member of the Investment Committee and the Nominating & Corporate Governance Committee for the Company.
2016-04-06	Michael R. Hughes (55) became a director of the Company in November 2010 and has been designated as our Lead Independent Director. Mr. Hughes serves as the Chairperson of the Compensation Committee and as a member of the Investment Committee and the Nominating & Corporate Governance Committee for the Company.
2017-03-31	Michael R. Hughes (56) became a director of the Company in November 2010 and has been designated as our Lead Independent Director. ... Mr. Hughes serves as the Chairperson of the Nominating & Corporate Governance Committee and as a member of the Compensation Committee and the Investment Committee for the Company.
2018-03-29	Michael R. Hughes (57) became a director of the Company in November 2010 and is currently the Chairperson of the Board. Mr. Hughes serves as the Chairperson of the Investment Committee and as a member of the Nominating & Corporate Governance Committee and the Compensation Committee for the Company. The following table shows the compensation earned by each of the directors for service during 2017: Michael R. Hughes Fees Earned or Paid in Cash $75,000 Stock Awards $50,004 All Other Compensation $5,444 Total $130,448.
2019-03-28	Michael R. Hughes (58) became a director of the Company in November 2010 and is currently the Chairperson of the Board. ... The following table shows the compensation earned by each of the directors for service during 2018: ... Michael R. Hughes Fees Earned or Paid in Cash ($) 85,000, Stock Awards ($) 60,002, All Other Compensation ($) 5,998, Total ($) 151,000.
2020-04-28	Michael R. Hughes (59) became a director of the Company in November 2010 and is currently the Chairperson of the Board. Mr. Hughes joined Switchmate Home, LLC as Chief Financial Officer in March 2017. Previously, he had served as Portfolio Manager at Ascend Capital Management since 2012. He also serves on the board of trustees and is the current president of the Bentley School in Oakland, California. Mr. Hughes was a partner and portfolio manager of Osterweis Capital Management from 2005 to 2008 and was the First Vice President of Merrill Lynch Financial Institutions Research from 1989 to 2005. Mr. Hughes began his career as an equity analyst at Dean Witter Reynolds in 1986. Mr. Hughes holds an A.B. from the University of California at Berkeley in Geophysics. Mr. Hughes was awarded the Chartered Financial Analyst (CFA) designation in 1991.
2021-03-31	Michael R. Hughes (60) became a director of the Company in November 2010 and is currently the Chairperson of the Board. Mr. Hughes joined Switchmate Home, LLC as Chief Financial Officer in March 2017. Previously, he had served as Portfolio Manager at Ascend Capital Management since 2012. He also serves on the board of trustees and is the current president of the Bentley School in Oakland, California. Mr. Hughes was a partner and portfolio manager of Osterweis Capital Management from 2005 to 2008 and was the First Vice President of Merrill Lynch Financial Institutions Research from 1989 to 2005. Mr. Hughes holds an A.B. from the University of California at Berkeley in Geophysics. Mr. Hughes was awarded the Chartered Financial Analyst (CFA) designation in 1991.
2022-03-31	Michael R. Hughes (61) became a director of the Company in November 2010 and is currently the Chairperson of the Board. For 2021, Michael R. Hughes received total compensation of $210,899.
2023-04-05	Michael R. Hughes became a director of the Company in November 2010 and currently serves as the Chairman of the Board, after being appointed in March 2017. He leads the Board in steering the organization towards a sustainable future. Michael’s qualifications to serve on our Board include his background as a portfolio manager of financial institutions and his extensive experience as a securities analyst.