PennyMac Mortgage Investment Trust Management
Management criteria checks 4/4
PennyMac Mortgage Investment Trust's CEO is David Spector, appointed in Jan 2017, has a tenure of 7.25 years. directly owns 0.28% of the company’s shares, worth $3.27M. The average tenure of the management team and the board of directors is 3.3 years and 11.4 years respectively.
Key information
David Spector
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.3yrs |
| Board average tenure | 11.4yrs |
Recent management updates
Recent updates
PennyMac Mortgage Investment Trust: This 11% Yielding mREIT May Cut Its Dividend Soon
Dec 07PennyMac: Pound Foolish
Aug 28PennyMac Mortgage: The 12% Yield Comes With A 17% Discount To Book
Jun 20PennyMac Mortgage Investment Trust: Recovery Is On The Way
May 25PennyMac Mortgage Investment Trust Q4 2022 Earnings Preview
Feb 01PennyMac Mortgage Investment Trust cuts dividend by 14.9% to $0.40/share
Dec 07PennyMac Mortgage Investment Trust declares $0.47 dividend
Sep 21PennyMac Mortgage: Bearish Earnings Trend And Price Action, But Improving Profit Outlook
Jun 28PennyMac Mortgage: 11% Dividend And 20% Upside Potential
Apr 06PennyMac Mortgage Investment Trust Just Missed EPS By 73%: Here's What Analysts Think Will Happen Next
Feb 06
PennyMac: Attractive Valuation But I Am Not Buying Yet
Dec 17PennyMac Mortgage Investment Trust (NYSE:PMT) Analysts Are Reducing Their Forecasts For This Year
Aug 08Did You Participate In Any Of PennyMac Mortgage Investment Trust's (NYSE:PMT) Fantastic 134% Return ?
Mar 09PennyMac Mortgage Investment Trust 2020 Q4 - Results - Earnings Call Presentation
Feb 04How Much Of PennyMac Mortgage Investment Trust (NYSE:PMT) Do Institutions Own?
Feb 02
CEO
David Spector (60 yo)
7.3yrs
Tenure
US$999,985
Compensation
Mr. David A. Spector has been the Chief Executive Officer of PennyMac Financial Services, Inc. since January 1, 2017. He served as President at PennyMac Financial Services, Inc. since February 2013 to Febr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 7.3yrs | US$999.99k | 0.28% $ 3.3m | |
| President | 3.1yrs | US$499.98k | 0.059% $ 698.5k | |
| Senior MD & CFO | 3.3yrs | US$399.99k | 0.093% $ 1.1m | |
| Senior MD | 6.2yrs | US$174.98k | 0.034% $ 404.4k | |
| Senior MD & Chief Investment Officer | 1.1yrs | no data | 0.024% $ 280.7k | |
| Chief Accounting Officer | no data | no data | no data | |
| Executive Vice President of Investor Relations | 3.3yrs | no data | no data | |
| Senior MD & Chief Digital Officer | 1.5yrs | no data | 0.0089% $ 105.6k | |
| Senior Managing Director of Consumer Direct Lending Division | no data | no data | no data | |
| MD & Treasurer | no data | no data | no data | |
| First Vice President of Investor Relations | no data | no data | no data |
3.3yrs
Average Tenure
55yo
Average Age
Experienced Management: PMT's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 14.9yrs | US$999.99k | 0.28% $ 3.3m | |
| President | 1.1yrs | US$499.98k | 0.059% $ 698.5k | |
| Independent Trustee | 14.7yrs | US$221.25k | 0.051% $ 604.2k | |
| Independent Trustee | 2yrs | US$174.06k | 0.029% $ 349.7k | |
| Independent Trustee | 14.7yrs | US$229.00k | 0.085% $ 1.0m | |
| Independent Trustee | 14.7yrs | US$222.50k | 0.080% $ 943.5k | |
| Independent Trustee | 11.4yrs | US$229.00k | 0.084% $ 992.9k | |
| Lead Independent Trustee | 11.4yrs | US$248.25k | 0.051% $ 606.3k | |
| Independent Board of Trustee | less than a year | no data | no data | |
| Independent Trustee | 2.9yrs | US$221.25k | 0.020% $ 237.9k |
11.4yrs
Average Tenure
62yo
Average Age
Experienced Board: PMT's board of directors are seasoned and experienced ( 11.4 years average tenure).