Cherry Hill Mortgage adds director Dale Hoffman, adopts executive severance plan

Cherry Hill Mortgage Investment Corp

Board expanded from 4 to 5; Dale S. Hoffman appointed as independent director, effective March 11, 2025.
Executive Severance Plan adopted March 12; covers CEO, CFO, CIO, SVP of Mortgage Servicing.
CEO severance multiple is 2.5x annual compensation (salary + target bonus); other executives receive 1.5x.
Severance payment includes 12 months of health/dental premium continuation.
Plan requires one-year non-compete and waiver/release of claims.

item 5.02 item 9.01

Executive movements

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Appointed

Dale S. Hoffman

director

CHMI · Cherry Hill Mortgage Investment Corp

Effective: 2025-03-11
Filed: March 12, 2025, 7:59 PM ET

On March 11, 2025, the Board of Directors (the “Board”) of Cherry Hill Mortgage Investment Corporation (the “Company”) increased the size of the Board from four directors to five directors and appointed Dale S. Hoffman as a director.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Dale S. Hoffman was appointed as director at Cherry Hill Mortgage Investment Corp.

Action: appointed
Role: director

Exact text from the filing

On March 11, 2025, the Board of Directors (the “Board”) of Cherry Hill Mortgage Investment Corporation (the “Company”) increased the size of the Board from four directors to five directors and appointed Dale S. Hoffman as a director.

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Cherry Hill Mortgage Investment Corp filing history →

Source: SEC EDGAR

accession 0001140361-25-008429

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