Steven R. Mumma ends executive officer role; remains as Chair of Board

ADAMAS TRUST, INC.

Steven R. Mumma's employee/executive officer role ended Dec 31, 2022, in accordance with his employment agreement and prior succession plan.
He continues as Chair of the Board, now as a non-employee director.
As non-employee Chair, he will receive compensation similar to independent directors as per the 2022 proxy.
The leadership transition was pre-announced by the Company in November 2021.

item 5.02

Executive movements

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Role change

Steven R. Mumma

Chair of the Board of Directors

ADAM · ADAMAS TRUST, INC.

Effective: 2022-12-31
Filed: January 3, 2023, 6:59 PM ET

Mr. Mumma, who most recently served as Executive Chairman of the Company, will continue to serve as Chair of the Board of Directors (the “Board”) of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Steven R. Mumma changed role as Chair of the Board of Directors at ADAMAS TRUST, INC..

Action: role change
Role: Chair of the Board of Directors

Exact text from the filing

Mr. Mumma, who most recently served as Executive Chairman of the Company, will continue to serve as Chair of the Board of Directors (the “Board”) of the Company.

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ADAMAS TRUST, INC. filing history →

Source: SEC EDGAR

accession 0001273685-23-000004

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