CHIMERA INVESTMENT CORP 8-K
Research Summary
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Chimera Investment Corp Holds 2026 Annual Meeting; Elects Directors
What Happened Chimera Investment Corp (CIM) filed an 8-K reporting that it held its 2026 annual meeting of stockholders on June 10, 2026. Stockholders elected three Class I directors — Kevin G. Chavers, Gerard Creagh and Susan Mills — each to serve until the 2029 annual meeting. A non-binding advisory vote on the company’s executive compensation was approved, and stockholders ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. There were 83,645,571 shares entitled to vote; 63,285,465 shares (about 75.65%) were present in person or by proxy.
Key Details
- Director elections (terms through 2029):
- Kevin G. Chavers: 43,340,068 For; 855,564 Against; 427,671 Abstain; 18,662,162 Broker Non-Votes.
- Gerard Creagh: 41,637,307 For; 2,558,062 Against; 427,934 Abstain; 18,662,162 Broker Non-Votes.
- Susan Mills: 43,176,523 For; 1,006,466 Against; 440,314 Abstain; 18,662,162 Broker Non-Votes.
- Advisory vote on executive compensation: 42,287,598 For; 1,901,663 Against; 434,042 Abstained; 18,662,162 Broker Non-Votes. (Non-binding.)
- Ratification of auditor: Ernst & Young LLP ratified with 62,010,426 For; 750,117 Against; 524,922 Abstained; 0 Broker Non-Votes.
Why It Matters The meeting confirms the company’s board composition for the next three years and shows shareholder support for management’s compensation program (via a non-binding advisory vote). Ratification of Ernst & Young provides continuity for the company’s external audit for the 2026 fiscal year. Broker non-votes on certain matters indicate shares present but not voted on non-routine items, which affected the tallies for elections and the advisory vote.
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