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IVR

Invesco Mortgage Capital Announces Board Leadership Changes

Invesco Mortgage Capital Inc. (NYSE: IVR) recently made significant announcements regarding changes in its board leadership. John Day, the company's board chair, is set to retire on December 31, 2025, after having served as a board member since the company's formation in 2009. Don Liu, the current chair of the nomination and corporate governance committee, will succeed him as chair of the board from November 4, 2025.

Additionally, Carolyn Handlon, the current chair of the audit committee, has decided not to seek re-election at the 2026 annual meeting of stockholders for personal reasons. Robert Fleshman, an audit committee financial expert, has been elected as her successor, effective January 1, 2026.

Furthermore, Carolyn Gibbs, an executive director, will retire from Invesco Ltd. after a 33-year tenure with the company, resulting in her retirement from the board effective March 31, 2026. The company plans to elect a new executive director to fill the vacancy left by Gibbs prior to her retirement.

Invesco Mortgage Capital's CEO, John Anzalone, expressed gratitude for John Day's leadership and dedication and also acknowledged the impactful contributions of Carolyn Handlon and Carolyn Gibbs to the company and its stockholders.

The company's focus on board succession, leadership succession, and thoughtful transition planning over the past two years has culminated in these changes. Don Liu expressed his anticipation of working together with the new board leadership in their roles.

Invesco Mortgage Capital Inc. is a real estate investment trust primarily focusing on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets. It is externally managed and advised by Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ).

These changes in board leadership reflect a significant shift in the company's governance and management, marking a new chapter in its trajectory. Today the company's shares have moved 1.1% to a price of $7.35. Check out the company's full 8-K submission here.

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