Annaly Capital Management Management
Management criteria checks 2/4
Annaly Capital Management's CEO is David Finkelstein, appointed in Mar 2020, has a tenure of 4.75 years. total yearly compensation is $15.33M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth R$65.09M. The average tenure of the management team and the board of directors is 5 years and 5.4 years respectively.
Key information
David Finkelstein
Chief executive officer
US$15.3m
Total compensation
| CEO salary percentage | 6.5% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$37m |
| Jun 30 2024 | n/a | n/a | -US$661m |
| Mar 31 2024 | n/a | n/a | -US$483m |
| Dec 31 2023 | US$15m | US$1m | -US$2b |
| Sep 30 2023 | n/a | n/a | -US$2b |
| Jun 30 2023 | n/a | n/a | -US$2b |
| Mar 31 2023 | n/a | n/a | -US$1b |
| Dec 31 2022 | US$14m | US$1m | US$2b |
| Sep 30 2022 | n/a | n/a | US$3b |
| Jun 30 2022 | n/a | n/a | US$4b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$9m | US$1m | US$2b |
| Sep 30 2021 | n/a | n/a | US$3b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$4b |
| Dec 31 2020 | US$13m | US$500k | -US$1b |
Compensation vs Market: David's total compensation ($USD15.33M) is above average for companies of similar size in the BR market ($USD5.71M).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Finkelstein (51 yo)
4.8yrs
Tenure
US$15,327,300
Compensation
Mr. David L. Finkelstein, C.F.A. serves as Chief Investment Officer of Annaly Capital Management, Inc. since November 16, 2022. He serves as Chief Executive Officer and Director at Annaly Capital Managemen...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chief Investment Officer & Director | 4.8yrs | US$15.33m | 0.10% R$ 65.1m | |
| COO & President | 4.5yrs | US$5.33m | 0.0079% R$ 5.1m | |
| Chief Financial Officer | 5yrs | US$4.89m | 0.0045% R$ 2.9m | |
| Chief Corporate Officer | 7.8yrs | US$4.58m | 0.0084% R$ 5.5m | |
| Deputy General Counsel & Chief Compliance Officer | no data | no data | no data | |
| Chief Human Resources Officer | no data | no data | no data | |
| Head of Investment Operations | no data | no data | no data | |
| Deputy Chief Investment Officer & Head of Residential Credit | no data | no data | no data | |
| Chief Risk Officer | 8.9yrs | no data | no data | |
| Head of Corporate Responsibility & Government Relations | 6.3yrs | no data | no data | |
| Head of Mortgage Servicing Rights & Portfolio Analytics | no data | no data | no data | |
| Head of Agency | 1.9yrs | no data | no data |
5.0yrs
Average Tenure
49yo
Average Age
Experienced Management: N2LY34's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chief Investment Officer & Director | 4.8yrs | US$15.33m | 0.10% R$ 65.1m | |
| Independent Chairman of the Board | 16.5yrs | US$397.50k | no data | |
| Independent Director | 11.6yrs | US$282.50k | 0.0039% R$ 2.5m | |
| Independent Director | 5.1yrs | US$285.04k | 0.016% R$ 10.1m | |
| Independent Director | 10.6yrs | US$295.00k | 0.00060% R$ 389.2k | |
| Independent Director | 5.8yrs | US$310.00k | 0.0017% R$ 1.1m | |
| Independent Director | 1.2yrs | US$185.00k | no data | |
| Independent Director | 5.8yrs | US$296.25k | 0.0058% R$ 3.8m | |
| Independent Director | 3.8yrs | US$300.00k | 0.0040% R$ 2.6m | |
| Independent Director | 1.8yrs | US$275.00k | no data | |
| Independent Director | 6.9yrs | US$295.00k | no data | |
| Independent Director | 1.2yrs | US$185.00k | no data |
5.4yrs
Average Tenure
55yo
Average Age
Experienced Board: N2LY34's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Annaly Capital Management, Inc. is covered by 33 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Derek Hewett | BofA Global Research |
| Derek Hewett | BofA Global Research |