---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-002891"
form_type: "8-K/A"
ticker: "CIM"
cik: "0001409493"
company_name: "CHIMERA INVESTMENT CORP"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T18:41:18.366688+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Chimera Investment Corp discloses severance terms for departed CEO Mohit Marria: $7.7M

## Summary
- Mohit Marria separated as CEO and CIO effective Dec 10, 2022; resignation from Board same date.
- Separation agreement entered Dec 31, 2022 provides pay in lieu of notice of ~$185,000.
- Severance pay of approximately $7.7 million, to be paid over 18 months.
- Company will reimburse up to $7,000 of legal fees incurred by Marria.
- Payments are pursuant to existing employment agreement for termination without cause.

## SEC filing metadata
- accession: 0001193125-23-002891
- form_type: 8-K/A
- ticker: CIM
- cik: 0001409493
- company_name: CHIMERA INVESTMENT CORP
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409493/000119312523002891/0001193125-23-002891-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409493/000119312523002891/d425441d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-002891
- JSON: https://secwatch.observer/filing/0001193125-23-002891.json
- Plain text: https://secwatch.observer/filing/0001193125-23-002891.txt

## Key facts
- Executive change
  Mohit Marria departed as Chief Executive Officer and Chief Investment Officer at CHIMERA INVESTMENT CORP.
  - Action: separated
  - Role: Chief Executive Officer and Chief Investment Officer
  source text: On December 31, 2022, Mr. Marria entered into a separation agreement and general release (the “Separation Agreement”) with the Company, which provides for pay in lieu of notice and severance payments and benefits pursuant to the terms of his employment agreement with the Company, effective January 1, 2019 (the “Employment Agreement”), as previously filed with the Securities and Exchange Commission, for a termination without cause, subject to his not revoking the Separation Agreement within a seven day revocation period and his complying with post-termination restrictive covenants.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409493/000119312523002891/0001193125-23-002891-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.