Cherry Hill Mortgage appoints Apeksha Patel as interim CFO as Michael Hutchby departs

Cherry Hill Mortgage Investment Corp

CFO Michael Hutchby resigns effective June 22, 2025 to pursue other opportunities; no disagreement with company.
Apeksha Patel appointed interim CFO, Treasurer & Secretary effective June 22; she was Controller since 2019.
Interim CFO compensation: $240k base until June 22, then $300k through Dec 31, 2025; plus $100k guaranteed bonus in Q1 2026.
President & CEO Jay Lown thanked Hutchby for 12 years of service and highlighted Patel's experience for a smooth transition.

item 5.02item 9.01

Executive movements

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Appointed (interim)

Apeksha Patel

Interim Chief Financial Officer, Treasurer and Secretary

CHMI · Cherry Hill Mortgage Investment Corp

Effective: 2025-06-22
Filed: May 27, 2025 23:59 UTC

on May 27, 2025, the Company’s Board of Directors appointed Apeksha Patel as the Company’s Interim Chief Financial Officer, Treasurer and Secretary effective as of June 22, 2025.

Departed

Michael A. Hutchby

Chief Financial Officer, Treasurer and Secretary

CHMI · Cherry Hill Mortgage Investment Corp

Effective: 2025-06-22
Successor: Apeksha Patel
Filed: May 27, 2025 23:59 UTC

Michael A. Hutchby, the Chief Financial Officer, Treasurer and Secretary, of Cherry Hill Mortgage Investment Corporation (the “Company”), notified the Company that he is resigning as an officer of the Company and that he will no longer be employed by the Company effective as of June 22, 2025.

Source: SEC EDGAR

accession 0001140361-25-020506

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