Mohit Marria, born in 1980, has a strong background in finance. He earned his Bachelor's and MBA from Rutgers University. Before becoming CEO of Chimera Investment Corp. in January 2021, he served as the Chief Investment Officer for several years,...
Mohit Marria, born in 1980, has a strong background in finance. He earned his Bachelor's and MBA from Rutgers University. Before becoming CEO of Chimera Investment Corp. in January 2021, he served as the Chief Investment Officer for several years, honing his skills in investment strategies and risk management. Notably, when he took over as CEO, he received a substantial promotion package, including 500,000 restricted stock units (RSUs), signaling a significant trust in his leadership. However, his time as CEO faced challenges, culminating in a separation agreement at the end of 2022. In 2021, his total compensation peaked at nearly $12 million, reflecting both salary and stock awards, though he did not receive bonuses in subsequent years due to company performance metrics not being met. Marria's experience spans high-level roles at both Chimera and Annaly Capital Management, where his expertise in trading strategies was well-regarded. He has navigated the complexities of executive compensation and performance-based metrics, understanding the need for alignment with shareholder interests.