Chimera Investment Corp. Appoints New CFO

Ticker: CIMO · Form: 8-K · Filed: Mar 19, 2024 · CIK: 1409493

Chimera Investment Corp 8-K Filing Summary
FieldDetail
CompanyChimera Investment Corp (CIMO)
Form Type8-K
Filed DateMar 19, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: management-change, cfo-appointment

TL;DR

New CFO David Brown starts March 25th with a $400k salary, replacing Michael Danzi.

AI Summary

Chimera Investment Corp. announced on March 18, 2024, the appointment of David J. Brown as Chief Financial Officer, effective March 25, 2024. He will receive an annual base salary of $400,000. The company also reported the departure of its previous CFO, Michael J. Danzi.

Why It Matters

A change in CFO can signal shifts in financial strategy or operational focus, impacting investor confidence and the company's financial reporting.

Risk Assessment

Risk Level: medium — Changes in key financial leadership can introduce uncertainty regarding future financial strategies and performance.

Key Numbers

  • $400,000 — CFO Salary (Annual base salary for the newly appointed CFO, David J. Brown.)

Key Players & Entities

  • Chimera Investment Corp. (company) — Registrant
  • David J. Brown (person) — Appointed Chief Financial Officer
  • $400,000 (dollar_amount) — Annual base salary for new CFO
  • March 25, 2024 (date) — Effective date for new CFO
  • Michael J. Danzi (person) — Departing Chief Financial Officer

FAQ

Who has been appointed as the new Chief Financial Officer of Chimera Investment Corp.?

David J. Brown has been appointed as the new Chief Financial Officer.

When is David J. Brown's appointment as CFO effective?

David J. Brown's appointment is effective March 25, 2024.

What is the annual base salary for the new CFO?

The annual base salary for David J. Brown is $400,000.

Who is the previous Chief Financial Officer that is departing?

Michael J. Danzi is the previous Chief Financial Officer who is departing.

What is the filing date of this 8-K report?

The filing date of this 8-K report is March 19, 2024, reporting events as of March 18, 2024.

Filing Stats: 539 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-03-19 16:15:32

Key Financial Figures

  • $0.01 — ch Registered Common Stock, par value $0.01 per share CIM New York Stock Exchange

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CHIMERA INVESTMENT CORPORATION Date: March 19, 2024 By: /s/ Miyun Sung Miyun Sung Chief Legal Officer & Secretary

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