Anworth Mortgage Asset Corporation announced that Lloyd McAdams will step down from his role as Anworth’s Chairman of the Board, effective November 15, 2018. Mr. McAdams, 73, will continue as a member of Anworth’s Board of Directors. Mr. McAdams will be succeeded as Chairman of the Board by Joseph E. McAdams. Joseph E. McAdams, 49, currently serves as a member of Anworth’s Board of Directors and, since September 30, 2018, serves as the Company’s Chief Executive Officer. Joseph E. McAdams was appointed Chief Executive Officer effective September 30, 2018 and was appointed President of the Company on July 15, 2016. He has been a director since June 2002 and Chief Investment Officer since January 2003.