Phillip J. Kardis II is the CEO of Chimera Investment Corporation, having taken on this role in 2023. He has a strong background in law, holding a Juris Doctor degree from Yale Law School. Before becoming CEO, he served as...

Current Market Cap

$1.19B

Number of Employees

39

Total Compensation

2023 - 2023

Trending up by 0.00% last year
Showing total compensation for the last 2023 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$2.55M

Salary

$850.00K

Board Justification

The compensation committee worked with the Company’s independent compensation consultant to make several changes to how we compensate our named executive officers that were responsive to our Say-on-Pay vote in 2022 and in the ongoing best interests of our stockholders, in light of the evolving business environment and strategic direction of the Company.

Bonus

$0.00

Board Justification

The 2023 cash bonus awards were earned based 35% on Relative ROE, 35% on Relative TSR and 30% on achievement of strategic goals by each named executive officer during the 2023 cash bonus measurement period.

Other

$19.80K

Board Justification

The amounts in this column for 2023 represent matching contributions of up to 6% of each named executive officer’s base salary that were made by us with respect to each of the named executive officers pursuant to our Section 401(k) plan.

Restricted Stock

$1.68M(223.43K RSU)

Board Justification

The RSUs granted in 2023 represent the Fixed LTI bonus for 2023. The numbers of shares granted were based on the applicable dollar amount of the award for the specific named executive officer divided by the average daily VWAP for the Company’s common stock for the 20 consecutive trading days ending on December 30, 2022.

Performance Metrics

The 2023 cash bonus awards were earned based 35% on Relative ROE, 35% on Relative TSR and 30% on achievement of strategic goals.

SEC Filing

From April 22, 2024

Phillip J. Kardis II

CEO of Chimera Investment Corp.

C

Education

Juris Doctor from Yale Law School

Field of Expertise

Legal & Compliance - Law

Born

January 1, 1974 - 50 years ago

Is Founder?

No

Current Tenure

1 year 10 months (Jan 2023 - Present)

Previous Experience

Chief Legal Officer of Chimera Investment Corporation

View Holdings

Insider Holdings of Phillip J. Kardis II

CIM

$4.49M

$1.60M (55.28%)

Last Insider Trade

CIM

273,449 shares

CIM

Jan 17, 2024

Received