Ellington Financial Inc. (EFC)

11.27 +0.15 (+1.35%) At close: 04:00PM EDT

Ellington Financial Inc.

53 Forest Avenue
Old Greenwich, CT 06870
United States
(203) 698-1200
https://www.ellingtonfinancial.com

Sector(s): Real Estate
Industry: REIT - Mortgage
Full-time employees: 400

Key executives

Name	Title	Pay	Exercised	Year born
Mr. J. R. Herlihy	CFO & Treasurer	741.26k	N/A	1982
Mr. Christopher M. Smernoff	Chief Accounting Officer	477.01k	N/A	1978
Mr. Laurence Eric Penn	CEO, President & Director	N/A	N/A	1962
Mr. Mark Ira Tecotzky	Co-Chief Investment Officer	N/A	N/A	1962
Mr. Michael William Vranos	Co-Chief Investment Officer	N/A	N/A	1962
Mr. Daniel Reuven Margolis	General Counsel	N/A	N/A	1973
Mr. Vincent Ambrico	Controller	N/A	N/A	N/A
Mr. Alaael-Deen Shilleh	Associate General Counsel & Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime mortgage; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments; and consumer loans and asset-backed securities backed by consumer and commercial assets. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial LLC was incorporated in 2007 and is headquartered in Old Greenwich, Connecticut.

Corporate governance

Ellington Financial Inc.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 7; Board: 4; Shareholder rights: 4; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.