Anworth Announces Appointment of Dominique Mielle as New Independent Director
November 15 2018 - 4:05PM
Business Wire
Anworth Mortgage Asset Corporation (NYSE: ANH) (“Anworth”)
announced that the Company’s Board of Directors (the “Board”) has
appointed Ms. Dominique Mielle as a Director of the Corporation. As
a result, the Company’s Board will increase in size to seven
directors of which five are independent.
Ms. Dominique Mielle, 50, was a partner at Canyon Capital
Advisors, LLC (“Canyon”) from August 1998 to December 2017 where
she primarily focused on the transportation, technology, retail and
consumer products sectors, specialized in corporate and municipal
bond securitizations and was responsible for all aspects of
Canyon’s collateralized loan obligations business. Ms. Mielle has
over 25 years of experience on Wall Street, investing in fixed
income and leading capital structure optimizations and
restructurings. She was named one of the “Top 50 Women in Hedge
Funds” by Ernst & Young in 2017. Prior to joining Canyon in
1998, Ms. Mielle worked at Libra Investments, Inc. as an associate
in the corporate finance department covering middle market
companies. Prior to that, she worked at Lehman Brothers as an
analyst in the Financial Institutions group, focusing on mergers
and acquisitions. Ms. Mielle graduated with an M.B.A. (Finance)
from Stanford University and a Master in Management degree from
Ecole des Hautes Etudes Commerciales in France (HEC Paris).
About Anworth Mortgage Asset Corporation
Anworth is an externally-managed mortgage real estate investment
trust. We invest primarily in mortgage-backed securities that are
either rated “investment grade” or are guaranteed by federally
sponsored enterprises, such as Fannie Mae or Freddie Mac. We seek
to generate income for distribution to our shareholders primarily
based on the difference between the yield on our mortgage assets
and the cost of our borrowings. We are managed by Anworth
Management LLC, or our Manager, pursuant to a management agreement.
Our Manager is subject to the supervision and direction of our
Board of Directors and is responsible for (i) the selection,
purchase, and sale of our investment portfolio; (ii) our financing
and hedging activities; and (iii) providing us with portfolio
management, administrative services and other services and
activities relating to our assets and operations as may be
appropriate. Our common stock is traded on the New York Stock
Exchange under the symbol “ANH.” Anworth is a component of the
Russell 2000® Index.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
This news release may contain forward-looking statements within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are based upon our current expectations and speak only
as of the date hereof. Forward-looking statements, which are based
on various assumptions (some of which are beyond our control) may
be identified by reference to a future period or periods or by the
use of forward-looking terminology, such as “may,” “will,”
“believe,” “expect,” “anticipate,” “assume,” “estimate,” “intend,”
“continue,” or other similar terms or variations on those terms or
the negative of those terms. Our actual results may differ
materially and adversely from those expressed in any
forward-looking statements as a result of various factors and
uncertainties, including but not limited to, changes in interest
rates; changes in the market value of our mortgage-backed
securities; changes in the yield curve; the availability of
mortgage-backed securities for purchase; increases in the
prepayment rates on the mortgage loans securing our mortgage-backed
securities; our ability to use borrowings to finance our assets
and, if available, the terms of any financing; risks associated
with investing in mortgage-related assets; changes in business
conditions and the general economy; implementation of or changes in
government regulations affecting our business; our ability to
maintain our qualification as a real estate investment trust for
federal income tax purposes; our ability to maintain an exemption
from the Investment Company Act of 1940, as amended; risks
associated with our home rental business; and our Manager’s ability
to manage our growth. Our Annual Report on Form 10-K and other SEC
filings discuss the most significant risk factors that may affect
our business, results of operations and financial condition. We
undertake no obligation to revise or update publicly any
forward-looking statements for any reason.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181115005730/en/
Anworth Mortgage Asset CorporationJohn T. Hillman, Director of
Investor Relations1299 Ocean Avenue, Second FloorSanta Monica, CA
90401(310) 255-4438 or (310) 255-4493Email: jhillman@anworth.comWeb
site: http://www.anworth.com
Anworth Mortgage Asset (NYSE:ANH)
Historical Stock Chart
From Apr 2024 to May 2024
Anworth Mortgage Asset (NYSE:ANH)
Historical Stock Chart
From May 2023 to May 2024