AGNC Investment Corp. Elects Dr. Morris Davis to its Board of Directors

Rhea-AI Summary

AGNC Investment Corp (Nasdaq: AGNC) elected Dr. Morris Davis to its Board effective January 12, 2026. The Board now has 10 members, including 8 independent directors. Dr. Davis will serve as an independent director on the Compensation and Corporate Governance Committee. He previously served on AGNC’s Board from May 2008 to March 2025 before joining the Council of Economic Advisors as Chief Housing Economist. Dr. Davis is Paul V. Profeta Chair of Real Estate and Professor at Rutgers Business School, a visiting scholar at two Federal Reserve institutes, has research cited over 5,400 times, and holds a Ph.D. in Economics from the University of Pennsylvania.

Positive

• Director elected effective Jan 12, 2026
• Board size increased to 10 members
• 8 independent directors on the Board
• Dr. Davis named to Compensation & Corporate Governance Committee

Negative

• None.

News Market Reaction

+0.95%

1 alert

+0.95% News Effect

On the day this news was published, AGNC gained 0.95%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

BETHESDA, Md., Jan. 14, 2026 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors elected Dr. Morris Davis to the Board effective January 12, 2026. Dr. Davis previously served on AGNC's Board from May 2008 to March 2025, when he resigned from his position to join the Council of Economic Advisors to the President as Chief Housing Economist. AGNC's Board of Directors now consists of ten members, including eight independent directors. Dr. Morris will serve as an independent director on the Company's Compensation and Corporate Governance Committee. 

"We are thrilled to welcome Morris back to the AGNC Board of Directors following his service as Chief Housing Economist at the Council of Economic Advisors to the President," said Gary Kain, Executive Chair of AGNC's Board. "Morris' knowledge and understanding of AGNC and his extensive expertise in housing policy and economics provide an invaluable perspective and are a tremendous asset to the Board and AGNC." 

Dr. Davis is the Paul V. Profeta Chair of Real Estate and Professor of Finance and Economics at Rutgers Business School, where he also serves as the Academic Director of the Center for Real Estate. He is also a Visiting Scholar of the Opportunity and Inclusive Growth Institute of the Federal Reserve Bank of Minneapolis and a Visiting Scholar at the Federal Reserve Bank of Chicago. A leading expert on housing markets, real estate finance, and urban economics, he previously held the James A. Graaskamp Chair at the University of Wisconsin-Madison and worked as an economist at the Federal Reserve Board. He is a sought-after commentator and lecturer on U.S. housing and macroeconomic trends, and his research, cited over 5,400 times, has appeared in top academic journals. Dr. Davis also serves on the Board of Directors of BOXABL, Inc. He holds a Ph.D. in Economics from the University of Pennsylvania.

ABOUT AGNC INVESTMENT CORP.
Founded in 2008, AGNC Investment Corp. (Nasdaq: AGNC) is a leading investor in Agency residential mortgage-backed securities (Agency MBS), which benefit from a guarantee against credit losses by Fannie Mae, Freddie Mac, or Ginnie Mae. We invest on a leveraged basis, financing our Agency MBS assets primarily through repurchase agreements, and utilize dynamic risk management strategies intended to protect the value of our portfolio from interest rate and other market risks.

AGNC has a track record of providing favorable long-term returns for our stockholders through substantial monthly dividend income, with over $15 billion of common stock dividends paid since inception. Our business is a significant source of private capital for the U.S. residential housing market, and our team has extensive experience managing mortgage assets across market cycles. To learn more about The Premier Agency Residential Mortgage REIT, please visit www.AGNC.com, follow us on LinkedIn and X, and sign up for Investor Alerts.

CONTACT:
Investors - (301) 968-9300
Media - (301) 968-9303

View original content:https://www.prnewswire.com/news-releases/agnc-investment-corp-elects-dr-morris-davis-to-its-board-of-directors-302661594.html

SOURCE AGNC Investment Corp.

FAQ

Who is the new AGNC board member elected January 12, 2026 (AGNC)?

Dr. Morris Davis was elected to AGNC's Board effective January 12, 2026.

How many directors does AGNC have after the January 2026 addition (AGNC)?

After the election, AGNC's Board consists of 10 members, including 8 independent directors.

What committee will Dr. Morris Davis join at AGNC (AGNC)?

Dr. Davis will serve as an independent director on the company's Compensation and Corporate Governance Committee.

When did Dr. Morris Davis previously serve on AGNC's Board before rejoining (AGNC)?

He previously served on AGNC's Board from May 2008 to March 2025.

What is Dr. Morris Davis's academic and policy background relevant to AGNC (AGNC)?

He is Paul V. Profeta Chair of Real Estate at Rutgers Business School, a visiting scholar at Federal Reserve institutes, and holds a Ph.D. in Economics.

Does Dr. Morris Davis have prior government experience related to housing (AGNC)?

Yes; he served as Chief Housing Economist at the Council of Economic Advisors to the President before rejoining AGNC's Board.