Cherry Hill Mortgage Investment Corporation announced the appointment of Dale Hoffman to its Board of Directors, effective immediately. Hoffman will serve on the Compensation Committee and the Nominating and Corporate Governance Committee. He will participate in the company’s standard compensation programs for non-management directors.
“We are excited to add Dale to our Board,” said Jay Lown, President and Chief Executive Officer of Cherry Hill Mortgage Investment Corporation. “Dale’s 30+ years in fixed income capital markets, including senior positions in trading and management, makes him an ideal choice to further strengthen our Board. We believe he will be a valuable contributor through his extensive experience as we focus on growing our business.”
Hoffman has more than three decades of experience in fixed income capital markets, trading, and regulatory compliance. He is currently President of S&D Sarasota LLC, a consulting practice he co-founded to advise broker-dealers on compliance and regulatory matters. He has also provided guidance on price-fixing practices for new-issue Government Agency Securities.
Previously, Hoffman was Managing Director and Head of Taxable Fixed Income Trading at Piper Jaffray, where he worked with risk management and compliance teams to establish and implement trading policies. He also served as Managing Director and Co-Head of Fixed Income, Currency, and Commodities at BMO Capital Markets, US, where he contributed to the development of value-at-risk models to comply with the Volcker Rule.
Earlier in his career, he held senior roles at Legg Mason Wood Walker Inc., BB&T Capital Markets, and Morgan Joseph & Company, overseeing fixed income trading teams and managing structured finance transactions across various asset classes, including CDOs, CLOs, MBS, CMBS, and TRUPs.
Hoffman holds a bachelor's degree from SUNY Binghamton and an MBA from St. John’s University. He has served on the Municipal Securities Rulemaking Board’s (MSRB) Professional Qualifications Advisory Committee (PQAC) and is a former member of the United Way Tocqueville Society.
