Chimera Investment Corporation

NYSE:CIM Stock Report

Market Cap: US$1.1b

Chimera Investment Management

Management criteria checks 2/4

Chimera Investment's CEO is Phillip Kardis, appointed in Jan 2022, has a tenure of 2.17 years. total yearly compensation is $5.94M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $4.09M. The average tenure of the management team and the board of directors is 1.7 years and 3.7 years respectively.

Key information

Phillip Kardis

Chief executive officer

US$5.9m

Total compensation

CEO salary percentage12.6%
CEO tenure2.2yrs
CEO ownership0.4%
Management average tenure1.7yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

Chimera Investment: Re-Rating Opportunity And A 10% Covered Yield

Feb 20

Chimera Investment Offers One Fixed And 3 Fixed/Floating Preferreds

Jan 15

Chimera Investment: Not Worth Chasing The Yield

Dec 14

Chimera: This 16% Yielding Mortgage Trust May Cut Its Dividend Again

Oct 02

The Preferred Share Dilemma Chimera Created For Themselves

Sep 22

Chimera: Avoid This Habitual Dividend Cutter

Jul 28

Chimera: Avoid This 12.9% Yielding Mortgage Trust

Jan 31

Chimera Investment mREIT Offers 4 Preferreds: A, C Reviewed Here

Dec 12

The $700-A-Month Portfolio Building Strategy For Retirement - October 2022 Update

Nov 01

Chimera Investment dips dividend -30.3% to $0.23/share

Sep 21

Chimera Investment: A Dividend Cut May Be Coming

Sep 15

Chimera Investment Q2 2022 Earnings Preview

Aug 03

Chimera, New Residential, And Yield Curve Inversion

Jul 21

Chimera Investment Preferred Stock Appears Far Oversold

Jun 15

2 Reasons To Buy Chimera Investment: 13.4% Yield And 30% Discount To BV

Jun 07

Investors Are Missing Out On Chimera's 11% Dividend Yield

Apr 03

Here's Why I Think Chimera Investment (NYSE:CIM) Might Deserve Your Attention Today

Feb 21
Here's Why I Think Chimera Investment (NYSE:CIM) Might Deserve Your Attention Today

Chimera Investment: Dividend Yield And Safety In Focus

Jan 18

Chimera Investment Corporation: Improving Profit And Safety Prospects

Oct 19

Chimera Investment Corporation: Best Entry Opportunity Has Already Passed

Aug 03

Chimera Investment Q1 Earnings Preview

May 04

Chimera Investment's(NYSE:CIM) Share Price Is Down 48% Over The Past Year.

Feb 23
Chimera Investment's(NYSE:CIM) Share Price Is Down 48% Over The Past Year.

Have Insiders Been Buying Chimera Investment Corporation (NYSE:CIM) Shares?

Jan 19
Have Insiders Been Buying Chimera Investment Corporation (NYSE:CIM) Shares?

How Many Chimera Investment Corporation (NYSE:CIM) Shares Do Institutions Own?

Dec 15
How Many Chimera Investment Corporation (NYSE:CIM) Shares Do Institutions Own?

Chimera Investment declares $0.30 dividend

Dec 01

Chimera Investment names investment chief as new CEO on Jan. 1

Nov 17

CEO Compensation Analysis

How has Phillip Kardis's remuneration changed compared to Chimera Investment's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$52m

Sep 30 2023n/an/a

US$119m

Jun 30 2023n/an/a

-US$69m

Mar 31 2023n/an/a

-US$267m

Dec 31 2022US$6mUS$750k

-US$587m

Sep 30 2022n/an/a

-US$666m

Jun 30 2022n/an/a

-US$149m

Mar 31 2022n/an/a

US$176m

Dec 31 2021US$6mUS$750k

US$596m

Sep 30 2021n/an/a

US$726m

Jun 30 2021n/an/a

US$762m

Mar 31 2021n/an/a

US$543m

Dec 31 2020US$6mUS$750k

US$15m

Sep 30 2020n/an/a

-US$2m

Jun 30 2020n/an/a

-US$263m

Mar 31 2020n/an/a

-US$149m

Dec 31 2019US$6mUS$750k

US$341m

Sep 30 2019n/an/a

US$112m

Jun 30 2019n/an/a

US$171m

Mar 31 2019n/an/a

US$240m

Dec 31 2018US$3mUS$750k

US$368m

Sep 30 2018n/an/a

US$584m

Jun 30 2018n/an/a

US$566m

Mar 31 2018n/an/a

US$563m

Dec 31 2017US$3mUS$750k

US$491m

Compensation vs Market: Phillip's total compensation ($USD5.94M) is above average for companies of similar size in the US market ($USD3.31M).

Compensation vs Earnings: Phillip's compensation has been consistent with company performance over the past year.


CEO

Phillip Kardis (62 yo)

2.2yrs

Tenure

US$5,944,178

Compensation

Mr. Phillip John Kardis, II, Esq., 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 Invest...


Leadership Team

NamePositionTenureCompensationOwnership
Phillip Kardis
President2.2yrsUS$5.94m0.37%
$ 4.1m
Subramaniam Viswanathan
CFO & Principal Accounting Officer2.7yrsUS$4.13m0.13%
$ 1.4m
Dan Thakkar
Co-Chief Investment Officerno dataUS$968.00k0.090%
$ 982.2k
Emily Mohr
Investor Relations Officerno datano datano data
Miyun Sung
Chief Legal Officer & Secretary1.2yrsno datano data
Victor Falvo
Head of Capital Marketsno datano datano data

1.7yrs

Average Tenure

50yo

Average Age

Experienced Management: CIM's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Phillip Kardis
President1.3yrsUS$5.94m0.37%
$ 4.1m
Sandra Bell
Independent Director2.3yrsUS$180.00k0.0076%
$ 83.6k
Mark Abrams
Independent Director16.3yrsUS$255.00k0.044%
$ 480.0k
Debra Still
Independent Director6yrsUS$255.00k0.023%
$ 247.4k
Gerard Creagh
Independent Chairman of the Board13.9yrsUS$325.00k0.12%
$ 1.3m
Kevin Chavers
Independent Director2.8yrsUS$255.00k0.0099%
$ 108.5k
Brian Reilly
Independent Director4.7yrsUS$280.00k0.0054%
$ 59.1k
Susan Mills
Independent Directorless than a yearno datano data

3.7yrs

Average Tenure

65yo

Average Age

Experienced Board: CIM's board of directors are considered experienced (3.7 years average tenure).


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