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AI brief of an SEC Form 8-K · PennyMac Mortgage Investment Trust (PMT)

PennyMac Mortgage: CIO William Chang to step down Oct. 11; Mark Elbaum named interim CIO

Neutral Impact 3 of 5 leadership Written later

William Chang will step down as Senior Managing Director and Chief Investment Officer of PennyMac Mortgage Investment Trust effective October 11, 2024, to pursue other interests in the mortgage banking industry. Mark Elbaum will take on the CIO responsibilities on an interim basis, and also the Chief Capital Markets Officer role at PennyMac Financial Services, Inc.

Key points

  • Chang announced his departure on September 27, 2024; it takes effect October 11, 2024.
  • Mark Elbaum will serve as interim Chief Investment Officer of PMT upon Chang's departure.
  • Chairman and CEO David Spector said he asked Elbaum to step into the roles on an interim basis to ensure a smooth transition.

The filing

CompanyPennyMac Mortgage Investment Trust (PMT)
Form8-K, current report
Filed with the SECOct 3, 2024, 4:40 PM ET
Accession number0001193125-24-232282

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 03, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.