Chimera Investment Management
Management criteria checks 2/4
Chimera Investment's CEO is Phillip Kardis, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is $6.15M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $3.71M. The average tenure of the management team and the board of directors is 1.8 years and 3.9 years respectively.
Key information
Phillip Kardis
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 13.8% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$6m | US$850k | US$52m |
| Sep 30 2023 | n/a | n/a | US$119m |
| Jun 30 2023 | n/a | n/a | -US$69m |
| Mar 31 2023 | n/a | n/a | -US$267m |
| Dec 31 2022 | US$6m | US$750k | -US$587m |
| Sep 30 2022 | n/a | n/a | -US$666m |
| Jun 30 2022 | n/a | n/a | -US$149m |
| Mar 31 2022 | n/a | n/a | US$176m |
| Dec 31 2021 | US$6m | US$750k | US$596m |
| Sep 30 2021 | n/a | n/a | US$726m |
| Jun 30 2021 | n/a | n/a | US$762m |
| Mar 31 2021 | n/a | n/a | US$543m |
| Dec 31 2020 | US$6m | US$750k | US$15m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$263m |
| Mar 31 2020 | n/a | n/a | -US$149m |
| Dec 31 2019 | US$6m | US$750k | US$341m |
| Sep 30 2019 | n/a | n/a | US$112m |
| Jun 30 2019 | n/a | n/a | US$171m |
| Mar 31 2019 | n/a | n/a | US$240m |
| Dec 31 2018 | US$3m | US$750k | US$368m |
| Sep 30 2018 | n/a | n/a | US$584m |
| Jun 30 2018 | n/a | n/a | US$566m |
| Mar 31 2018 | n/a | n/a | US$563m |
| Dec 31 2017 | US$3m | US$750k | US$491m |
Compensation vs Market: Phillip's total compensation ($USD6.15M) is above average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Phillip's compensation has been consistent with company performance over the past year.
CEO
Phillip Kardis (62 yo)
2.3yrs
Tenure
US$6,146,878
Compensation
Mr. Phillip John Kardis, II, Esq., J.D., serves as a Director of Chimera Investment Corporation since December 10, 2022, and serves as its Chief Executive Officer. Mr. Kardis has been President of Chimera...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$6.15m | 0.37% $ 3.7m | |
| CFO & Principal Accounting Officer | 2.8yrs | US$2.96m | 0.12% $ 1.2m | |
| Chief Investment Officer | less than a year | US$2.28m | 0.090% $ 891.3k | |
| Chief Legal Officer & Corporate Secretary | 1.3yrs | US$446.07k | no data | |
| Head of Capital Markets | no data | no data | no data |
1.8yrs
Average Tenure
50yo
Average Age
Experienced Management: CIM.PRD's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.4yrs | US$6.15m | 0.37% $ 3.7m | |
| Independent Director | 2.4yrs | US$240.00k | 0.0076% $ 75.8k | |
| Independent Director | 16.5yrs | US$240.00k | 0.044% $ 435.5k | |
| Independent Director | 6.2yrs | US$255.00k | 0.023% $ 224.5k | |
| Independent Chairman of the Board | 14.1yrs | US$340.00k | 0.12% $ 1.2m | |
| Independent Director | 2.9yrs | US$255.00k | 0.0099% $ 98.4k | |
| Independent Director | 4.8yrs | US$280.00k | 0.0054% $ 53.5k | |
| Independent Director | less than a year | US$120.00k | no data |
3.9yrs
Average Tenure
65yo
Average Age
Experienced Board: CIM.PRD's board of directors are considered experienced (3.9 years average tenure).