8-K: Current report filing
Published on August 21, 2008
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported) August 15, 2008
DYNEX
CAPITAL, INC.
(Exact
name of registrant as specified in charter)
|
Virginia
(State
or other jurisdiction
of
incorporation)
|
1-9819
(Commission
File Number)
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52-1549373
(IRS
Employer
Identification
No.)
|
||
|
4551
Cox Road, Suite 300
Glen
Allen, Virginia
(Address
of principal executive offices)
|
23060
(Zip
Code)
|
|||
Registrant’s
telephone number, including area code
(804)
217-5800
Not
applicable
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
| o |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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|
o
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
5.02 Departure of Directors or
Certain Officers; Election of Directors; Appointment of CertainOfficers;
Compensatory Arrangements of Certain Officers.
Resignation of
Director
On August 15, 2008, the Chairman of the
Board of Directors and Chief Executive Officer of Dynex Capital, Inc. (the
“Registrant”) received a letter from Jay Buck resigning from the Board of
Directors of the Registrant, effective as of August 15, 2008. Mr.
Buck’s resignation was not the result of a disagreement with the Registrant on
any matter relating to the Registrant’s operations, policies or
practices.
A copy of Mr. Buck’s resignation letter
is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Following his resignation from the
Board of Directors, Mr. Buck will resume his former role as a strategic advisor
to the Registrant.
Appointment of New
Director
At a meeting of the Registrant’s Board
of Directors held on August 15, 2008, the Board appointed James C. Wheat, III to
fill the vacancy created by Mr. Buck’s resignation. Mr. Wheat is the
co-founder and managing director of Colonnade Capital Corporation, a private
equity firm, founded in 1992, based in Richmond, Virginia. He was the managing
director and a member of the board of directors of Wheat First Butcher Singer
(formerly Wheat, First Securities) from 1984 to 1993. Mr. Wheat earned a B.A.
from Hampden-Sydney College in 1975 and an M.B.A. from the University of
Virginia in 1978.
Mr. Wheat will serve on the Nominating
& Corporate Governance Committee of the Registrant’s Board of
Directors.
Item
9.01 Financial Statements and
Exhibits.
(d) Exhibits.
99.1 Letter
of Resignation from Jay Buck, dated August 15, 2008.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
DYNEX
CAPITAL, INC.
|
Date:
|
August 21,
2008
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By:
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/s/
Stephen J. Benedetti
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Stephen
J. Benedetti
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|||
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Executive
Vice President, Chief Operating Officer and Chief Financial
Officer
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|||
EXHIBIT
INDEX
Exhibit
Number Exhibit
99.1 Letter
of Resignation from Jay Buck, dated August 15, 2008.