Hatteras Financial Corp. (NYSE:HTS) (“Hatteras” or the “Company”)
today announced that Michael Buttner will join the management team at
Atlantic Capital Advisors LLC (“ACA”), the manager of Hatteras Financial
Corp. and ACM Financial Trust, Inc., as Managing Director of
Asset/Liability Risk and Strategy.
Mr. Buttner comes to ACA with nearly 30 years of experience in the
financial services industry. Since 1990, Mr. Buttner has held a number
of senior positions with Wachovia Bank, and its successor, Wells Fargo.
Most recently, he was Head of Bank Strategy at Wells Fargo Securities.
Earlier he led the team that manages the pipeline/warehouse and mortgage
servicing rights risk at Wells Fargo Home Lending. Previously, his
titles included Head of Balance Sheet Management, where he was
responsible for managing the bank's interest rate risk, investment
portfolio, retained mortgage assets and mortgage servicing rights; and
CEO of Wachovia Bank International. Mr. Buttner began his career in New
York working for Contitrade Services and Salomon Brothers in analyst and
accounting roles. Mr. Buttner holds a BS in Finance and MBA in
Accounting from Fordham University.
“We are very pleased to add Mike’s depth of experience to the team,”
said Michael R. Hough, Hatteras’ Chairman and Chief Executive Officer.
“He has worked in our business at high levels of responsibility through
a number of market cycles, building and managing asset/liability
portfolios of significant size. We are very glad to add his expertise
and perspective to the management of our MBS portfolios as the markets
offer us new environments and opportunities.”
About Hatteras Financial Corp.
Hatteras is a real estate investment trust formed in 2007 to invest in
single-family residential mortgage pass-through securities guaranteed by
Fannie Mae, Freddie Mac or Ginnie Mae. Based in Winston-Salem, N.C.,
Hatteras is managed and advised by Atlantic Capital Advisors LLC.
Hatteras is a component of the Russell 1000® index.
Copyright Business Wire 2013