Ellington Credit Management
Management criteria checks 2/4
Ellington Credit's CEO is Larry Penn, appointed in Oct 2012, has a tenure of 11.58 years. directly owns 0.18% of the company’s shares, worth €230.40K. The average tenure of the management team and the board of directors is 8.6 years and 11 years respectively.
Key information
Larry Penn
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 11.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 8.6yrs |
| Board average tenure | 11yrs |
Recent management updates
Recent updates
CEO
Larry Penn (61 yo)
11.6yrs
Tenure
Mr. Laurence Eric Penn, also known as Larry, serves as Chief Executive Officer, President at Ellington Credit Company (formerly known as Ellington Residential Mortgage REIT) since October 2012 and also ser...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Trustee | 11.6yrs | no data | 0.18% $ 230.4k | |
| Chief Financial Officer | 6.1yrs | US$121.08k | 0.10% $ 132.5k | |
| Chief Operating Officer | 6.2yrs | US$216.68k | 0.18% $ 229.6k | |
| Co-Chief Investment Officer & Trustee | 11.6yrs | no data | 0.70% $ 900.7k | |
| Co-Chief Investment Officer | 11.6yrs | no data | no data | |
| General Counsel | 11.1yrs | no data | no data | |
| Controller | 6.1yrs | no data | no data | |
| Associate General Counsel & Secretary | 1.3yrs | no data | no data |
8.6yrs
Average Tenure
55.5yo
Average Age
Experienced Management: 73Z's management team is seasoned and experienced (8.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Trustee | 11.8yrs | no data | 0.18% $ 230.4k | |
| Co-Chief Investment Officer & Trustee | 12.3yrs | no data | 0.70% $ 900.7k | |
| Independent Trustee | 11yrs | US$132.34k | 0.28% $ 354.8k | |
| Independent Trustee | 11yrs | US$132.34k | 0.26% $ 330.5k | |
| Independent Trustee | 3.2yrs | US$124.84k | 0.097% $ 123.8k | |
| Independent Chairman of the Board | 11yrs | US$164.84k | 0.21% $ 266.0k |
11.0yrs
Average Tenure
65.5yo
Average Age
Experienced Board: 73Z's board of directors are seasoned and experienced ( 11 years average tenure).