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Cherry Hill Mortgage Appoints Apeksha Patel as Interim CFO
ByAinvest
Tuesday, May 27, 2025 5:04 pm ET1min read
Cherry Hill Mortgage Investment Corporation has appointed Apeksha Patel as Interim Chief Financial Officer, effective June 22, 2025. Patel will replace current CFO Michael Hutchby, who is leaving the company to pursue other opportunities. Patel has served as Cherry Hill's Controller since June 2019 and holds a Bachelor of Commerce degree from Ryerson University and is a licensed CPA in New Jersey.
Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) has appointed Apeksha Patel as Interim Chief Financial Officer, effective June 22, 2025. Patel will replace current CFO Michael Hutchby, who is leaving the company to pursue other opportunities. Patel has served as Cherry Hill's Controller since June 2019 and holds a Bachelor of Commerce degree from Ryerson University and is a licensed CPA in New Jersey [1].Ms. Patel's appointment follows a smooth transition plan, as Michael Hutchby will assist in ensuring a seamless handover before departing. Jay Lown, President and CEO of Cherry Hill Mortgage Investment Corporation, stated, "With the appointment of Apeksha as our interim CFO, we are able to leverage her financial acumen and years-long experience with Cherry Hill, along with the strong financial team we have built, which will ensure a seamless transition" [1].
Cherry Hill Mortgage Investment Corporation is a real estate finance company that acquires, invests in, and manages residential mortgage assets in the United States. The company's forward-looking statements include the potential for long-term growth opportunities, cost savings from being an internally managed company, and the ability to expand market opportunities and generate sustainable returns for shareholders [1].
Reference List:
[1] https://www.stocktitan.net/news/CHMI/cherry-hill-mortgage-investment-corporation-appoints-apeksha-patel-6sjcl4ge9cns.html
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