Byron Boston is Co-Chief Executive Officer and Chairman of the Board of Dynex Capital Inc. (DX). The company reported total compensation of $7,771,011 for fiscal year 2025.
| Salary | $900,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $3,122,248 |
| Option awards | $0 |
| Non-equity incentive plan | $3,192,480 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $556,283 |
| Total | $7,771,011 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Dynex Capital Inc. filed April 7, 2026, accession 0001104659-26-040189.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Co-Chief Executive Officer and Chairman of the Board | $900,000 | $0 | $3,122,248 | $0 | $3,192,480 | $0 | $556,283 | $7,771,011 |
| FY2024 | Chairman of the Board and Co-Chief Executive Officer | $900,000 | $0 | $3,176,238 | $0 | $2,824,433 | $0 | $298,917 | $7,199,588 |
| FY2023 | Chairman of the Board and Co-Chief Executive Officer | $850,000 | $0 | $2,931,062 | $0 | $2,269,800 | $0 | $126,377 | $6,177,239 |
| FY2022 | Chairman of the Board and Co-Chief Executive Officer | $800,000 | $0 | $1,480,618 | $0 | $1,824,444 | $0 | $125,621 | $4,230,683 |
Totals as disclosed in each year's own compensation disclosure for Dynex Capital Inc..
| Peer-group chief executive median | $7,627,443 |
|---|---|
| Difference from that median | $143,568 |
| Percentile within the disclosed peer group | 50th |
| Peers with a disclosed figure | 8 |
Medians and percentiles are computed across the peer group Dynex Capital Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Byron Boston this page | Co-Chief Executive Officer and Chairman of the Board | $7,771,011 |
| Smriti Popenoe | Co-Chief Executive Officer and President | $7,675,275 |
| Robert Colligan | Senior Advisor to the Co-CEOs (former Chief Financial Officer) | $3,717,639 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Dynex Capital Inc. compensation brief.
Byron Boston's compensation sits inside Dynex Capital Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.