---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-006004"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:27:06.287304+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001564590-23-006004
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000156459023006004/0001564590-23-006004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000156459023006004/pmt-8k_20230417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-006004
- JSON: https://secwatch.observer/filing/0001564590-23-006004.json
- Plain text: https://secwatch.observer/filing/0001564590-23-006004.txt

## Key facts
- Executive change
  Donna Corley was elected as independent Class I Trustee at PennyMac Mortgage Investment Trust.
  - Action: elected
  - Role: independent Class I Trustee
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000156459023006004/0001564590-23-006004-index.htm
- Executive change
  Marianne Sullivan departed as Trustee at PennyMac Mortgage Investment Trust.
  - Action: stepping down
  - Role: Trustee
  source text: On April 17, 2023, Marianne Sullivan notified the Company that she was stepping down from the Company’s Board effective June 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000156459023006004/0001564590-23-006004-index.htm

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