#United States #Atlanta #Invesco #John Day #Don Liu

Invesco Mortgage Capital's Upcoming Board Transitions

Invesco Mortgage Capital Inc. (NYSE: IVR) has made significant announcements regarding its leadership structure, marking a pivotal moment in its corporate governance. Effective December 31, 2025, John Day, the current Board Chair, will retire, bringing an end to a notable chapter that has spanned over 16 years since the company's inception in 2009.

Day's leadership has been instrumental to Invesco, playing a vital role in numerous board capacities, including his earlier tenure as Chair of the Audit Committee. His contributions have been widely acknowledged by Invesco’s Chief Executive Officer, John Anzalone, who expressed gratitude for Day's steadfast commitment and thoughtful leadership.

As Day steps down, Don Liu, who has been serving on the Board since 2022 and chairs the Nomination and Corporate Governance Committee, will take over the role of Board Chair beginning November 4, 2025. Liu's experience in governance and succession planning positions him well for this important role, ensuring continuity as Invesco navigates future challenges.

In a further shake-up, Wes McMullan will assume Liu's previous position as Chair of the Nomination and Corporate Governance Committee, effective on the same date.

The changes don’t stop there. Carolyn Handlon, who has served as Chair of the Audit Committee, has informed the Board of her intention not to seek re-election at the upcoming 2026 annual meeting due to personal reasons. Handlon has been a part of the Invesco Board since 2017, and during her tenure, she notably chaired the Compensation Committee prior to her appointment to the Audit Committee in 2023. Robert Fleshman, an esteemed financial expert on the Board, has been nominated to replace Handlon as Audit Committee Chair starting January 1, 2026.

In addition, Carolyn Gibbs, an executive director with almost 33 years at Invesco across various leadership positions, will retire from the Board, effective March 31, 2026. In anticipation of her departure, the Board aims to find a suitable independent director replacement before Gibbs' exit, ensuring a smooth transition.

Expressing appreciation for the contributions of both Handlon and Gibbs, Liu indicated the value they brought to the Board and expressed hopes for their future endeavors.

The strategic focus on leadership succession planning and transition has been made a priority over the past two years, particularly since the formal implementation of the director retirement policy. This proactive approach helps to ensure that Invesco continues to maintain robust governance as it adapts to changes both internally and in the broader market.

Invesco Mortgage Capital, primarily focused on investing, financing, and managing mortgage-backed securities, is externally managed by Invesco Advisers, Inc., a well-recognized name in global investment management. Through these transitions, the company aims to foster an enduring governance structure that supports its mission while positively impacting shareholders and stakeholders alike.

For additional details about Invesco Mortgage Capital and updates on their leadership initiatives, visit Invesco’s official site.