Business Context and Reporting Period
This Form 8-K filing by Cherry Hill Mortgage Investment Corp. covers the date of March 15, 2017. The report addresses corporate governance changes, specifically the election of a new director to the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of Mr. Robert C. Mercer, Jr. to the Board of Directors. He was elected to serve out the remaining term of Mr. Jon Kislak, who resigned in September 2016. Concurrently, Mr. Mercer was appointed to the following committees:
- Audit Committee (serving as Chairman)
- Compensation Committee
- Nominating and Corporate Governance Committee
Mr. Mercer is confirmed as independent under New York Stock Exchange standards. No reportable transactions or relationships under Item 404 of Regulation S-K exist between Mr. Mercer and the Company.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document is limited to the disclosure of the director's appointment and compensation alignment with other non-management directors.
Key Facts for Investor Verification
- Mr. Robert C. Mercer, Jr. was elected to the Board on March 15, 2017.
- Mr. Mercer replaces Mr. Jon Kislak, who resigned in September 2016.
- Mr. Mercer serves as Chairman of the Audit Committee and sits on the Compensation and Nominating committees.
- Mr. Mercer is classified as an independent director.
- No financial results or operational metrics are disclosed in this specific filing.