---
schema_version: "secwatch.filing_event.v1"
accession: "0001273685-21-000098"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2021-11-16T23:59:59+00:00"
generated_at: "2026-06-28T07:40:41.148956+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# New York Mortgage Trust appoints Jason T. Serrano as CEO, Mumma becomes Executive Chairman

## Summary
- Jason T. Serrano, current President, becomes CEO effective Jan 1, 2022; initial two-year term.
- Steven R. Mumma transitions from CEO to Executive Chairman effective Jan 1, 2022, term through Dec 31, 2022 (extendable).
- Mumma will oversee corporate, investment, risk, and capital management; Serrano leads day-to-day operations.
- Serrano joined NYMT as President in Jan 2019; prior experience at Oak Hill Advisors, Blackstone, and Moody's.
- Mumma had been CEO since Feb 2009 and Chairman since Mar 2015; founded company's go-public in 2004.

## SEC filing metadata
- accession: 0001273685-21-000098
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2021-11-16T23:59:59+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/1273685/000127368521000098/0001273685-21-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000127368521000098/nymt-20211116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001273685-21-000098
- JSON: https://secwatch.observer/filing/0001273685-21-000098.json
- Plain text: https://secwatch.observer/filing/0001273685-21-000098.txt

## Key facts
- Executive change
  Steven R. Mumma was appointed as Executive Chairman at ADAMAS TRUST, INC..
  - Action: appointed
  - Role: Executive Chairman
  source text: and Steven R. Mumma, who presently serves as the Chairman of the Board and Chief Executive Officer of the Company, as Executive Chairman of the Company, effective on January 1, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1273685/000127368521000098/0001273685-21-000098-index.htm
- Executive change
  Jason T. Serrano was appointed as President and Chief Executive Officer at ADAMAS TRUST, INC..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: The Board of Directors of the Company (the “Board”) has appointed Jason T. Serrano as President and Chief Executive Officer of the Company, effective on January 1, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1273685/000127368521000098/0001273685-21-000098-index.htm

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