Ellington Financial Management
Management criteria checks 2/4
Ellington Financial's CEO is Larry Penn, appointed in Aug 2007, has a tenure of 16.75 years. directly owns 0.12% of the company’s shares, worth $1.25M. The average tenure of the management team and the board of directors is 8.9 years and 16.8 years respectively.
Key information
Larry Penn
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 16.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 8.9yrs |
| Board average tenure | 16.8yrs |
Recent management updates
Recent updates
Ellington Financial: Well Positioned For A Housing Market Recovery
Apr 04Ellington Financial: Get 14% Yield Paid Monthly From This Growing REIT
Jan 13Ellington Financial: Lack Of Dividend Coverage Makes Me Hesitant
Sep 25Ellington Financial: Impending Acquisitions, A Potential Turning Point
Jul 06Analyst Forecasts Just Became More Bearish On Ellington Financial Inc. (NYSE:EFC)
Feb 26
Ellington Financial Non-GAAP EPS of $0.42 misses by $0.01
Feb 23Ellington Financial Preferred: 15% Yield To Call, Future 11%+ Dividend Yield Opportunity
Jan 30Ellington Financial: Fairly Valued, Shares Nearing A Breakout, Patience Required
Jan 20Ellington Financial declares $0.15 dividend
Jan 09Ellington Financial estimates book value per share relatively flat in November
Dec 20Ellington Financial declares $0.15 dividend
Dec 07Ellington Financial declares $0.15 dividend
Nov 16Ellington Financial: High Yielding Diversified mREIT Trading At A Deep Discount To Its BV
Nov 04Ellington Financial declares $0.15 dividend
Oct 18Ellington Financial declares $0.15 dividend
Oct 06Ellington Financial book value per share seen sliding 2% in August
Sep 19Ellington Financial declares $0.15 dividend
Sep 08Ellington Financial estimates book value per share rising nearly 1% in July
Aug 17CEO
Larry Penn (61 yo)
16.8yrs
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 |
|---|---|---|---|---|
| CFO & Treasurer | 7yrs | US$1.05m | no data | |
| Chief Accounting Officer | 6.1yrs | US$623.87k | no data | |
| CEO, President & Director | 16.8yrs | no data | 0.12% $ 1.3m | |
| Co-Chief Investment Officer | 16.2yrs | no data | no data | |
| Co-Chief Investment Officer | 14.9yrs | no data | 2.43% $ 24.5m | |
| General Counsel | 10.8yrs | no data | no data | |
| Controller | 6.1yrs | no data | no data | |
| Associate General Counsel & Secretary | 1.3yrs | no data | no data |
8.9yrs
Average Tenure
55.5yo
Average Age
Experienced Management: EFC's management team is seasoned and experienced (8.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 16.8yrs | no data | 0.12% $ 1.3m | |
| Independent Chairman of the Board | 16.8yrs | US$268.37k | 0.058% $ 583.8k | |
| Independent Director | 3.3yrs | US$211.37k | no data | |
| Independent Director | 5.8yrs | US$203.37k | 0.075% $ 753.5k | |
| Independent Director | 16.8yrs | US$231.37k | 0.0029% $ 29.7k |
16.8yrs
Average Tenure
67yo
Average Age
Experienced Board: EFC's board of directors are seasoned and experienced ( 16.8 years average tenure).