Donna Corley elected to PMT board; Marianne Sullivan steps down, effective June 1, 2023

PennyMac Mortgage Investment Trust

Donna Corley, former Freddie Mac EVP & Head of Single-Family Business, joins as independent Class I trustee effective June 1.
Marianne Sullivan steps down from Board on June 1 due to other professional commitments; no disagreement with Company.
Corley will chair Finance Committee and serve on Risk Committee; receives $90k annual retainer plus $105k in restricted share units.
Corley managed a ~$3 trillion single-family mortgage portfolio at Freddie Mac and served as Chief Risk Officer.
Press release issued April 20, 2023; change is planned and orderly.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Donna Corley

independent Class I Trustee

PMT · PennyMac Mortgage Investment Trust

Effective: 2023-06-01
Filed: April 20, 2023, 7:59 PM ET

On April 19, 2023, the Board of Trustees (the “Board”) of PennyMac Mortgage Investment Trust (the “Company”) elected Donna Corley as an independent Class I Trustee effective as of June 1, 2023.

Departed

Marianne Sullivan

Trustee

PMT · PennyMac Mortgage Investment Trust

Effective: 2023-06-01
Filed: April 20, 2023, 7:59 PM ET

On April 17, 2023, Marianne Sullivan notified the Company that she was stepping down from the Company’s Board effective June 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Donna Corley was elected as independent Class I Trustee at PennyMac Mortgage Investment Trust.

Action: elected
Role: independent Class I Trustee

Exact text from the filing

On April 19, 2023, the Board of Trustees (the “Board”) of PennyMac Mortgage Investment Trust (the “Company”) elected Donna Corley as an independent Class I Trustee effective as of June 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Marianne Sullivan departed as Trustee at PennyMac Mortgage Investment Trust.

Action: stepping down
Role: Trustee

Exact text from the filing

On April 17, 2023, Marianne Sullivan notified the Company that she was stepping down from the Company’s Board effective June 1, 2023.

View on SEC.gov

PennyMac Mortgage Investment Trust filing history →

Source: SEC EDGAR

accession 0001564590-23-006004

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