Invesco Mortgage Capital Inc. (NYSE: IVR), an Atlanta-headquartered real estate investment trust focused on mortgage-backed securities and other mortgage-related assets, announced that President Kevin Collins will assume the role of CEO, effective May 1.
Collins will succeed John Anzalone, who is retiring on April 30 after a nine-year tenure as CEO. Anzalone is expected to remain in an advisory role through Oct. 1.
Collins has served as president since 2017 and is also the co-head of structured investments for Invesco Fixed Income. David Lyle, who has served as chief operating officer since 2017 and is also the co-head of structured investments for Invesco Fixed Income, will succeed Collins as president.
“I’m pleased to assume the role of CEO and look forward to building on the foundation that John and the management team have established,” said Collins. “John successfully guided Invesco Mortgage Capital through multiple market cycles and our transition to an agency-focused strategy. David and I look forward to continuing this momentum, alongside Brian Norris, our chief investment officer and Mark Gregson, our chief financial officer, with a commitment to disciplined investment management, consistent performance, and strengthened investor engagement.”
0 Comments