Chimera Investment CEO Mohit Marria's 2021 pay jumps 113% to $12M
Chimera Investment reports 2021 executive compensation
By ExecPay News
Published: April 27, 2022
Chimera Investment reported fiscal year 2021 executive compensation information on April 27, 2022.
In 2021, five executives at Chimera Investment received on average a compensation package of $7.6M, a 23% increase compared to previous year.
Mohit Marria, Chief Executive Officer, received $12M in total, which increased by 113% compared to 2020. 55% of Marria's compensation, or $6.6M, was in stock awards. Marria also received $4.6M in non-equity incentive plan, $750K in salary, as well as $17K in other compensation.
For fiscal year 2021, the median employee pay was $422,925 at Chimera Investment. Therefore, the ratio of Mohit Marria's pay to the median employee pay was 28 to one.
Choudhary Yarlagadda, Chief Operating Officer, received a compensation package of $12M, which increased by 79% compared to previous year. 58% of the compensation package, or $6.9M, was in stock awards.
Robert Colligan, Chief Financial Officer, earned $6.6M in 2021, a 79% increase compared to previous year.
Phillip J. Kardis II, Chief Legal Officer, received $5.6M in 2021, which increases by 1% compared to 2020.
Subramaniam Viswanathan, Chief Financial Officer, earned $2M in 2021.