ARMOUR Residential REIT Inc (ARR) has released an update to notify the public and investors about its officers.
ARMOUR Residential REIT, Inc. is facing a significant change as Thomas Guba, a valuable board member since 2009 with over fifty years of expertise in mortgage-backed securities, steps down due to health issues. Guba’s extensive experience has been instrumental to ARMOUR, particularly in leading several top firms’ MBS departments. His departure from the Board, where he contributed as a member of key committees and as the lead independent director, prompts a forthcoming reevaluation of the Board’s structure and the search for his replacements.
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For a comprehensive understanding of the announcement, you can read the full document here.
