Chimera Investment CEO Matthew Lambiase's 2020 pay slips 12% to $9.4M
Chimera Investment reports 2020 executive compensation
By ExecPay News
Published: April 27, 2021
Chimera Investment reported fiscal year 2020 executive compensation information on April 27, 2021.
In 2020, five executives at Chimera Investment received on average a compensation package of $6.2M, a 10% decrease compared to previous year.
Average pay of disclosed executives at Chimera Investment
Matthew Lambiase, Chief Executive Officer, received $9.4M in total, which decreased by 12% compared to 2019. 63% of Lambiase's compensation, or $5.9M, was in non-equity incentive plan. Lambiase also received $850K in salary, $2.6M in stock awards, as well as $17K in other compensation.
For fiscal year 2020, the median employee pay was $362,000 at Chimera Investment. Therefore, the ratio of Matthew Lambiase's pay to the median employee pay was 26 to one.
Choudhary Yarlagadda, Chief Operating Officer, received a compensation package of $6.6M, which decreased by 11% compared to previous year. 61% of the compensation package, or $4M, was in non-equity incentive plan.
Mohit Marria, Chief Investment Officer, earned $5.6M in 2020, a 7% decrease compared to previous year.
Phillip J. Kardis II, Chief Legal Officer, received $5.6M in 2020, which decreases by 9% compared to 2019.
Robert Colligan, Chief Financial Officer, earned $3.7M in 2020, a 11% decrease compared to previous year.
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Source: SEC filing on April 27, 2021.