Chimera Investment Corp Chief Credit & Risk Officer Dan Thakkar to step down effective July 1, 2025

CHIMERA INVESTMENT CORP

Dan Thakkar mutually agrees to step down as Chief Credit & Risk Officer, effective July 1, 2025; garden leave begins April 2, 2025.
Severance includes $1,300,362.50 (12 months base salary plus average bonus), paid in 12 monthly installments.
COBRA premium reimbursement for up to 18 months; outstanding RSUs vest at departure; PSUs continue on performance.
Non-compete expires April 2, 2026; departure not due to disagreement with operations or accounting policies.

item 5.02 item 9.01

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Departed

Dan Thakkar

Chief Credit & Risk Officer

CIM · CHIMERA INVESTMENT CORP

Effective: 2025-07-01
Filed: April 8, 2025, 7:59 PM ET

On April 2, 2025, Chimera Investment Corporation (the “Company”) and Dan Thakkar mutually agreed that Mr. Thakkar will step down from his position as the Company’s Chief Credit & Risk Officer, effective July 1, 2025

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Dan Thakkar resigned as Chief Credit & Risk Officer at CHIMERA INVESTMENT CORP.

Action: resigned
Role: Chief Credit & Risk Officer

Exact text from the filing

On April 2, 2025, Chimera Investment Corporation (the “Company”) and Dan Thakkar mutually agreed that Mr. Thakkar will step down from his position as the Company’s Chief Credit & Risk Officer, effective July 1, 2025

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Source: SEC EDGAR

accession 0001206774-25-000207

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