Ellington Residential Mortgage REIT Management
Management criteria checks 2/4
Ellington Residential Mortgage REIT's CEO is Larry Penn, appointed in Oct 2012, has a tenure of 11.5 years. directly owns 0.18% of the company’s shares, worth $238.19K. The average tenure of the management team and the board of directors is 8.5 years and 10.9 years respectively.
Key information
Larry Penn
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 11.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 8.5yrs |
| Board average tenure | 10.9yrs |
Recent management updates
Recent updates
EARN: Transforming From A 14% Yielding REIT To A CLO CEF
Apr 18Ellington Residential's 14% Yield Could Be Sustainable In 2024
Mar 23Ellington Residential Mortgage REIT: This 15% Yielding Mortgage Trust Could Outperform (Upgrade)
Sep 26Ellington Residential Mortgage REIT declares $0.08 dividend
Feb 07Ellington Residential Mortgage REIT declares $0.08 dividend
Jan 09Ellington Residential: Wait For A Drop Before Buying This 14% Yield
Jan 03Ellington Residential Mortgage REIT declares $0.08 dividend
Dec 07Ellington Residential Mortgage REIT Non-GAAP EPS of $0.23 misses by $0.01, TII of $5.19M beats by $0.69M
Nov 09Ellington Residential Mortgage REIT declares $0.08 dividend
Oct 06Ellington Residential Mortgage REIT declares $0.08 dividend
Sep 08Ellington Residential Mortgage REIT: Horrific Market But Dividend Looks Good
Aug 21Ellington Residential Mortgage REIT declares $0.08 dividend
Aug 04Ellington Residential Mortgage REIT declares $0.08 dividend
Jul 08Ellington Residential: 11.6% Yield, Trading At 0.81x Book Value
Jun 03Ellington Residential: 12% Below NAV But No Dividend Consistency Yet
Jan 21CEO
Larry Penn (61 yo)
11.5yrs
Tenure
Mr. Laurence Eric Penn, also known as Larry, serves as Chief Executive Officer, President at Ellington Residential Mortgage REIT since October 2012 and also serves as its Trustee since August 2012. He serv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Trustee | 11.5yrs | no data | 0.18% $ 238.2k | |
| Chief Financial Officer | 6yrs | US$121.08k | 0.10% $ 137.0k | |
| Chief Operating Officer | 6.1yrs | US$216.68k | 0.18% $ 237.4k | |
| Co-Chief Investment Officer & Trustee | 11.5yrs | no data | 0.70% $ 931.2k | |
| Co-Chief Investment Officer | 11.5yrs | no data | no data | |
| General Counsel | 11yrs | no data | no data | |
| Controller | 6yrs | no data | no data | |
| Associate General Counsel & Secretary | 1.3yrs | no data | no data |
8.5yrs
Average Tenure
55.5yo
Average Age
Experienced Management: EARN's management team is seasoned and experienced (8.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Trustee | 11.7yrs | no data | 0.18% $ 238.2k | |
| Co-Chief Investment Officer & Trustee | 12.3yrs | no data | 0.70% $ 931.2k | |
| Independent Trustee | 10.9yrs | US$132.34k | 0.28% $ 366.8k | |
| Independent Trustee | 10.9yrs | US$132.34k | 0.26% $ 341.7k | |
| Independent Trustee | 3.1yrs | US$124.84k | 0.097% $ 128.0k | |
| Independent Chairman of the Board | 10.9yrs | US$164.84k | 0.21% $ 275.0k |
10.9yrs
Average Tenure
65.5yo
Average Age
Experienced Board: EARN's board of directors are seasoned and experienced ( 10.9 years average tenure).