---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-25-000207"
form_type: "8-K"
ticker: "CIM"
cik: "0001409493"
company_name: "CHIMERA INVESTMENT CORP"
filed_at: "2025-04-08T23:59:59+00:00"
generated_at: "2026-05-23T18:57:36.140871+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001206774-25-000207
- form_type: 8-K
- ticker: CIM
- cik: 0001409493
- company_name: CHIMERA INVESTMENT CORP
- filed_at: 2025-04-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409493/000120677425000207/0001206774-25-000207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409493/000120677425000207/cim4467201-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-25-000207
- JSON: https://secwatch.observer/filing/0001206774-25-000207.json
- Plain text: https://secwatch.observer/filing/0001206774-25-000207.txt

## Key facts
- Executive change
  Dan Thakkar resigned as Chief Credit & Risk Officer at CHIMERA INVESTMENT CORP.
  - Action: resigned
  - Role: Chief Credit & Risk Officer
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409493/000120677425000207/0001206774-25-000207-index.htm

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