---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-232282"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:24:41.221181+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PMT CIO William Chang steps down; Mark Elbaum named interim CIO

## Summary
- William Chang stepping down as PMT Senior Managing Director and CIO, effective Oct 11, 2024, to pursue other interests.
- Mark Elbaum appointed interim CIO of PMT and interim Chief Capital Markets Officer of PFSI.
- Elbaum previously held capital markets leadership roles at Homepoint, Bank of America, and Countrywide.
- Chairman and CEO David Spector expressed full confidence in Elbaum to lead capital markets during transition.

## SEC filing metadata
- accession: 0001193125-24-232282
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000119312524232282/0001193125-24-232282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000119312524232282/d841663d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-232282
- JSON: https://secwatch.observer/filing/0001193125-24-232282.json
- Plain text: https://secwatch.observer/filing/0001193125-24-232282.txt

## Key facts
- Executive change
  William Chang departed as Senior Managing Director and Chief Investment Officer at PennyMac Mortgage Investment Trust.
  - Action: step down
  - Role: Senior Managing Director and Chief Investment Officer
  source text: On September 27, 2024, William Chang announced that he will step down from his role as Senior Managing Director and Chief Investment Officer of Pennymac Mortgage Investment Trust (the “Company”) effective October 11, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000119312524232282/0001193125-24-232282-index.htm
- Executive change
  Mark Elbaum was appointed as Chief Investment Officer at PennyMac Mortgage Investment Trust.
  - Action: assume
  - Role: Chief Investment Officer
  source text: On October 3, 2024, the Company announced that Mark Elbaum will assume the responsibilities of Chief Investment Officer upon Mr. Chang’s departure on an interim basis.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000119312524232282/0001193125-24-232282-index.htm

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