INVESCO MORTGAGE CAPITAL INC filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits
$IVR
Real Estate Investment Trusts
Real Estate
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 24, 2025
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
As previously disclosed, on March 18, 2025, Ms. Beth A. Zayicek, one of Invesco Mortgage Capital Inc.’s (the “Company”) executive directors, notified the Company’s Board of Directors (“Board”) of her resignation from Invesco Ltd. (“Invesco”), effective May 23, 2025. Consistent with her announced departure, Ms. Zayicek did not seek re-election as an executive director at the 2025 Annual Meeting of the Stockholders which was held on May 6, 2025.
On June 24, 2025, the Board appointed Mr. Robert B. Waldner Jr. to serve as a director of the Company, effective as of that date, to fill the vacancy created by Ms. Zayicek’s departure. Mr. Waldner, age 60, is Chief Strategist and Head of Macro Research for Invesco Fixed Income (“IFI”). Mr. Waldner chairs the IFI Investment Strategy team and is responsible for oversight of the overall IFI investment process. He oversees portfolio risk monitoring and review for IFI portfolios. Mr. Waldner also leads overall investment and business strategy for IFI Macro portfolio management teams including Global, Emerging Markets and Macro Alpha teams. Prior to joining Invesco in 2013, Mr. Waldner worked with Franklin Templeton for 17 years. At Franklin Templeton, he was a senior strategist and senior portfolio manager. He was the lead manager for Franklin absolute return strategies and a member of the Fixed Income Policy Committee. Previously, Mr. Waldner was a member of the macro team at Omega Advisors and a portfolio manager with Glaxo (Bermuda) Ltd. He entered the industry in 1986. Mr. Waldner earned a BSE degree in civil engineering from Princeton University, graduating magna cum laude in 1986. He is a Chartered Financial Analyst® (CFA) charterholder.
Mr. Waldner is deemed an executive director since he is also an employee of our manager or one of its affiliates. Executive directors do not receive compensation for serving on the Board and do not serve on any of the standing committees of the Board. There are no related party transactions between the Company and Mr. Waldner reportable under Item 404(a) of Regulation S-K.
Item 8.01 | Other Events. | ||||
On June 24, 2025, the Company issued a press release announcing that its Board declared a cash dividend of $0.34 per share of common stock for the second quarter of 2025. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. | ||||
| (d) | Exhibits. | |||||||
Exhibit No. | Description | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Invesco Mortgage Capital Inc.
By: /s/ Tina Carew
Tina Carew
Vice President, General Counsel and Secretary
Date: June 24, 2025