Independent
Tenure on this board
5.0 yrs
3 nominees · 3 ballot items.
Election of three Class I directors; advisory vote to approve executive compensation (say-on-pay); and ratification of Ernst & Young LLP as independent registered public accounting firm for 2026.
Elect three Class I directors: Kevin G. Chavers, Gerard Creagh, and Susan Mills, each to serve until the 2029 annual meeting.
Non-binding advisory vote to approve the compensation of the company's named executive officers as disclosed in the proxy statement.
This management proposal requests an annual, non-binding advisory vote approving the Company’s executive compensation as disclosed in the proxy materials. Management seeks shareholder approval to gauge investor support for its pay practices and to comply with SEC requirements for a say-on-pay vote. The compensation program emphasizes performance-based pay, with incentives tied to Relative ROE, Relative Economic Return, and Relative TSR, and uses balanced cash and equity awards (RSUs and PSUs) with caps, clawback policy, and stock ownership requirements. The Board recommends a vote FOR, arguing that the program aligns management’s interests with shareholders, that prior say-on-pay votes supported the program, and that the compensation committee uses an independent consultant and governance controls. Key contextual considerations include Chimera’s recent acquisition activity (e.g., HomeXpress), portfolio repositioning, and pay outcomes for 2025 that resulted in bonuses at 65–74% of target; investors may weigh whether long-term PSUs' relative metrics appropriately align incentives given the company’s strategy and sector volatility.
Ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2026 fiscal year.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | THORNBURG INVESTMENT MANAGEMENT INC | 6.55% | 5,476,302 | $69M |
| 2 | BlackRock, Inc. | 4.62% | 3,864,682 | $49M |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.31% | 3,606,666 | $45M |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 4.18% | 3,494,701 | $44M |
| 5 | BlackRock, Inc. | 3.07% | 2,569,527 | $32M |
| 6 | Allianz Asset Management GmbH | 2.54% | 2,127,388 | $27M |
| 7 | STATE STREET CORP | 2.25% | 1,881,646 | $24M |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 1.93% | 1,616,109 | $20M |
| 9 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.89% | 1,581,913 | $20M |
| 10 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1.78% | 1,490,480 | $19M |
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