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

Robert B. Allardice, III*
Ronald I. Simon*
Laurence Penn

David Miller*
Michael W. Vranos

Mary McBride*


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

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