Prue B. Larocca, Director; Lead Independent Director and Vice Chair at AGNC Investment Corp.. Biography, career history and compensation sourced from AGNC Investment Corp. SEC filings and official company website.
About
Prue B. Larocca has served as a director of AGNC Investment Corp. since 2013, as Lead Independent Director since May 2016, and as Vice Chair since July 2021; she previously served as the Board's Chair from May 2016 until July 2021.
She is a retired investment banking executive and widely recognized expert in housing finance and securitization. She was a Managing Director of Royal Bank of Scotland in the Mortgage Backed and Asset Backed Finance Group from 1997 until her retirement in 2011.
Earlier, Ms. Larocca was a Senior Vice President at Lehman Brothers in the mortgage finance business, managed the consumer and single-family securitization business for the Resolution Trust Corporation, and practiced law with Milbank, Tweed, Hadley and McCloy and Kutak Rock. She is a graduate of the Georgetown University Law Center and Indiana University.
Roles
AGNC Investment Corp.
Director; Lead Independent Director and Vice Chair · Current role
2013–present
Royal Bank of Scotland
Managing Director, Mortgage Backed and Asset Backed Finance Group · Retired from RBS in 2011.
1997 - 2011
Lehman Brothers
Senior Vice President, mortgage finance
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Resolution Trust Corporation
Managed consumer and single-family securitization business
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Milbank, Tweed, Hadley and McCloy; Kutak Rock
Attorney
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Royal Bank of Scotland
Managing Director, Mortgage-Backed and Asset-Backed Finance Group
1997 – 2011
Resolution Trust Corporation
Manager, consumer and single-family securitization business · Also practiced law at Milbank, Tweed, Hadley & McCloy and Kutak Rock.
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External Roles
Housing Preservation Foundation
Former board member
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Washington School for Girls
Former board member
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American Securitization Trade Association
Former board member
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Director Compensation
FY 2025
Fees Earned or Paid in Cash
$265,000
Stock Awards
$180,000
RSUs21,582 units granted 4/17/2025 at $8.34 closing price