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Chimera Investment Corporation Announces the Appointment of Chief Investment Officer

  Chimera Investment Corporation Announces the Appointment of Chief Investment
  Officer

Business Wire

NEW YORK -- December 10, 2013

Chimera Investment Corporation (NYSE:CIM) (“Chimera”) today announced that it
has promoted Mohit Marria to be the Chief Investment Officer of Chimera. Mr.
Marria was previously the head residential mortgage credit trader at Fixed
Income Discount Advisory Company (“FIDAC”), the external manager of Chimera.

Matthew Lambiase, Chimera’s Chief Executive Officer, said “Mohit’s in-depth
expertise in credit sensitive investments in the residential mortgage markets
will strengthen our residential credit platform for the benefit of our
shareholders. We are very fortunate to have an individual as talented as Mohit
with such strong experience serve in this important role for Chimera.”

Mr. Marria joined FIDAC in August 2005. While at FIDAC, Mr. Marria has had
responsibility for the development and implementation of Chimera’s trading
strategies in residential mortgage-backed securities, residential mortgage
loans and its derivatives portfolio. He has been a member of the investment
team since Chimera’s inception. Mr. Marria joined FIDAC from American
International Group (AIG). Prior to working at AIG, Mr. Marria worked at
Metropolitan Life Insurance Company. Mr. Marria earned a Bachelor’s Degree in
Finance and a Masters of Business Administration each from the Rutgers
University.

Christian J. Woschenko, Chimera’s Head of Investments, has resigned to pursue
other opportunities. Mr. Lambiase said “I want to personally thank Chris for
his many years of service and contributions.”

Chimera Investment Corporation invests in residential mortgage loans,
residential mortgage-backed securities, real estate-related securities and
various other asset classes. Chimera’s principal business objective is to
generate income from the spread between yields on its investments and its cost
of borrowing and hedging activities. Chimera is a Maryland corporation that
has elected to be taxed as a real estate investment trust (“REIT”).

This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements are
based on the current beliefs and expectations of Chimera’s management and are
subject to significant risks, uncertainties and other factors, including the
impact of the transition to a new independent registered public accounting
firm and Chimera’s ability to timely complete the process necessary to file
its quarterly and annual reports for the quarters and year subsequent to
September 30, 2012. Chimera does not undertake, and specifically disclaims all
obligation, to publicly release the result of any revisions which may be made
to any forward-looking statements to reflect the occurrence of anticipated or
unanticipated events or circumstances after the date of such statements, see
“Item 1A — Risk Factors” in Chimera’s Annual Report on Form 10-K for the year
ended December 31, 2011 and subsequent quarterly report on Form 10-Q.

Contact:

Chimera Investment Corporation
Investor Relations, 646-454-3759
www.chimerareit.com
 
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