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Posted 19 March, 2024

CHIMERA INVESTMENT CORP appointed new CEO

CEO Change detected for ticker NYSE:CIM in a 8-K filed on 19 March, 2024.


  On March 18, 2024, Phillip J. Kardis II, the Chief Executive Officer of Chimera Investment Corporation (the "Company"), was appointed the President of the Company to assume the position previously held by Mr. Choudhary Yarlagadda, who retired from the Company on March 15, 2024.  

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Overview of CHIMERA INVESTMENT CORP
Real Estate/Construction • Mortgage REITs
Chimera Investment Corp. is a real estate investment trust, which engages in the business of investing in a portfolio of mortgage assets, including residential mortgage loans, Agency RMBS, Non-Agency RMBS, Agency CMBS, and other real estate-related assets. The company was founded on June 1, 2007 and is headquartered in New York, NY.
Market Cap
$1.04B
View Company Details
CHIMERA INVESTMENT CORP by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On March 18, 2024, Phillip J. Kardis II, the Chief Executive Officer of Chimera Investment Corporation (the "Company"), was appointed the President of the Company to assume the position previously held by Mr. Choudhary Yarlagadda, who retired from the Company on March 15, 2024. Mr. Yarlagadda's retirement was previously disclosed in the Company's Current Report on Form 8-K, filed with the SEC on January 17, 2024. Mr. Kardis will also continue to serve as the Chief Executive Officer of the Company.


Biographical information regarding Mr. Kardis has been previously reported under the heading "Management" in the Company's Proxy Statement filed with the SEC on April 26, 2023.