Business Context and Reporting Period
This Form 8-K filing by Two Harbors Investment Corp. was submitted on August 26, 2024. The report discloses changes in the Company's senior management team, specifically regarding the Chief Accounting Officer position.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Resignation: Blake Johnson notified the Company on August 26, 2024, of his resignation as Acting Chief Accounting Officer, effective no later than October 25, 2024. He will remain in a non-officer role to assist with the transition.
- Appointment: On August 28, 2024, the Board of Directors appointed Jillian Halm as Chief Accounting Officer, effective immediately. She will report to William Dellal, the Interim Chief Financial Officer.
Management Commentary and Risks
Biographical Background: Ms. Halm, age 39, has been with the Company since 2010, most recently serving as Controller since July 2024. Prior to joining Two Harbors, she worked in the audit practice at KPMG LLP. She holds a B.A. in Business Administration and a MAcc from the University of Wisconsin.
Compensation and Agreements: There were no new compensatory arrangements, grants, or awards made to Ms. Halm in connection with her appointment. She does not have an employment agreement with the Company. The filing confirms no family relationships with directors or officers and no undisclosed transactions requiring disclosure under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the transition timeline for the Chief Accounting Officer role between Blake Johnson and Jillian Halm.
- Confirm the reporting structure under Interim CFO William Dellal.
- Note the absence of a formal employment agreement for the newly appointed Chief Accounting Officer.