EARN is led by a board of trustees and a seasoned team of officers, with extensive experience in the mortgage securities business including both buy side and sell side experience.

Board of Trustees

Thomas F. Robards
Robert B. Allardice, III
Menes O. Chee
David Miller
Laurence Penn
Ronald I. Simon
Michael W. Vranos


Laurence Penn
Chief Executive Officer & President
Christopher Smernoff
Chief Financial Officer
Michael W. Vranos
Co-Chief Investment Officer
Mark Tecotzky
Co-Chief Investment Officer
Daniel Margolis
General Counsel
Jason Frank
Deputy General Counsel and Secretary
JR Herlihy
Chief Operating Officer
Vincent Ambrico
Independent Trustee.

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