Ellington Financial LLC Appoints Lisa Mumford to Board of Directors
"We are thrilled to welcome Lisa to our Board," said
"Lisa's intimate knowledge of EFC and substantial experience in the
financial services industry make her the ideal fit for our Board. EFC
flourished under Lisa's leadership as CFO, and we will leverage her deep
understanding of the Company and financial accounting, as we continue to
drive the Company forward," said
Mr. Vranos added, "I will remain as active as ever in the business as Co-CIO, and am excited about EFC's current positioning and the investment opportunities we're seeing. It's great to have Lisa back on the team, now as a director, whose skillset, business savvy, and knowledge of EFC will prove invaluable as the Company continues to evolve."
Ms. Mumford concluded, "Having worked at EFC for nearly a decade, I am excited to take on this new role as director, working alongside Board and management team members I not only know well, but also respect tremendously."
Ms. Mumford served as CFO of EFC from
Prior to joining Ellington, Ms. Mumford served as CFO of
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve
numerous risks and uncertainties. Our actual results may differ from our
beliefs, expectations, estimates, and projections and, consequently, you
should not rely on these forward-looking statements as predictions of
future events. Forward-looking statements are not historical in nature
and can be identified by words such as "anticipate," "estimate," "will,"
"should," "may," "expect," "project," "believe," "intend," "seek,"
"plan" and similar expressions or their negative forms, or by references
to strategy, plans, or intentions. The Company's results can fluctuate
from month to month depending on a variety of factors, some of which are
beyond the Company's control and/or are difficult to predict, including,
without limitation, changes in interest rates, changes in mortgage
default rates and prepayment rates, and other changes in market
conditions and economic trends. Furthermore, forward-looking statements
are subject to risks and uncertainties, including, among other things,
those described under Item 1A of our Annual Report on Form 10-K filed on
About
View source version on businesswire.com: https://www.businesswire.com/news/home/20180806005642/en/
Source:
Investor Contact: JR Herlihy, Chief Financial Officer, Ellington
Financial LLC, (203) 409-3575 or info@ellingtonfinancial.com;
or
Media
Contact: Amanda Klein or Kevin Fitzgerald, Gasthalter & Co., for
Ellington Financial, (212) 257-4170 or Ellington@gasthalter.com