#United States #Atlanta #Invesco Mortgage Capital #Kevin Collins #David Lyle

Invesco Mortgage Capital Announces New Leadership Changes

In a significant shift within its executive team, Invesco Mortgage Capital Inc. has appointed Kevin Collins as the new Chief Executive Officer, effective May 1, 2026. He will succeed John Anzalone, who has led the company through pivotal moments over his nine-year tenure as CEO and is set to retire on April 30. Collins transitions from the role of President, a position he has held since 2017. His extensive experience in the mortgage securitization markets predates his current role, having participated actively in the company since its inception in 2009.

David Lyle, who has served as Chief Operating Officer since 2017, will assume the role of President concurrently with Collins' promotion. Lyle has been deeply involved in the company's management since its formation, and both newly appointed leaders are recognized for their competencies as Co-Heads of Structured Investments at Invesco Fixed Income.

Collins expressed his enthusiasm for his new role, highlighting, "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." He acknowledged Anzalone's contributions regarding navigating various market cycles and transitioning the company toward an agency-focused strategy. Collins emphasized the commitment to maintain disciplined investment management and enhance investor engagement moving forward, alongside key personnel including Chief Investment Officer Brian Norris and Chief Financial Officer Mark Gregson.

Moreover, under this new leadership, Invesco Mortgage Capital has initiated changes aimed at aligning more closely with its investors. Notably, the company will shift from quarterly dividend distributions to monthly ones. This strategic move is designed to cater better to the cash flow demands of income investors, providing them consistent updates regarding portfolio performance, book value, and leverage changes.

Don Liu, Chair of the Invesco Mortgage Capital Board of Directors, expressed confidence in the new leadership duo, stating, “We are excited for Kevin and the management team to lead the Company through its next phase of growth.” Liu also took the opportunity to thank Anzalone for his years of service, recognizing his pivotal role in shaping Invesco Mortgage Capital's vision and operations.

About Invesco Mortgage Capital Inc.

Invesco Mortgage Capital Inc., a public real estate investment trust, primarily focuses on investments in, financing, and managing mortgage-backed securities as well as other mortgage-related assets. The company is externally managed and advised by Invesco Advisers, Inc., a registered investment adviser that operates as a wholly-owned subsidiary of Invesco Ltd. For more details about Invesco Mortgage Capital and its operations, visit www.invescomortgagecapital.com.

Conclusion

The leadership transition at Invesco Mortgage Capital marks a pivotal moment for the firm as it embraces a new chapter in strategic growth and investor relations. With Collins and Lyle at the helm, the firm is well-positioned to continue its legacy and adapt to the evolving landscape of the mortgage securities market. As they take on their new roles, both executives are expected to leverage their profound industry insights and relational networks to foster further success for the company and its stakeholders.