Cherry Hill Mortgage Investment (CHMI) names Apeksha Patel Interim CFO

May 27, 2025 5:02 PM EDT

Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that it has appointed Apeksha Patel as Interim Chief Financial Officer, effective June 22, 2025.

Ms. Patel will be replacing current Chief Financial Officer Michael Hutchby, who will help effect a smooth and orderly transition before departing Cherry Hill effective June 22, 2025 to pursue other professional opportunities.

“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,” said Jay Lown, President and Chief Executive Officer of Cherry Hill Mortgage Investment Corporation. “We also want to thank Michael for his 12 years of excellent service and many contributions to the Company. Over the past six years as our CFO, Michael has been a terrific partner and a valuable member of our management team. We appreciate that he has agreed to ensure a smooth transition, and we wish him only the best in his future endeavors.”

Ms. Patel has served as Cherry Hill’s Controller since June 2019, following her role as the Assistant Controller from August 2017 to June 2019. Prior to joining Cherry Hill, she held positions at Mazars USA LLP and SB Partners LLP. She holds a Bachelor of Commerce degree from Ryerson University and is a licensed Certified Public Accountant (CPA) in New Jersey.



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