Annaly Capital Management, Inc.

BOVESPA:N2LY34 Stock Report

Market Cap: R$63.7b

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 4.67 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$63.96M. The average tenure of the management team and the board of directors is 4.9 years and 5.3 years respectively.

Key information

David Finkelstein

Chief executive officer

US$15.3m

Total compensation

CEO salary percentage6.5%
CEO tenure4.7yrs
CEO ownership0.1%
Management average tenure4.9yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Finkelstein's remuneration changed compared to Annaly Capital Management's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$37m

Jun 30 2024n/an/a

-US$661m

Mar 31 2024n/an/a

-US$483m

Dec 31 2023US$15mUS$1m

-US$2b

Sep 30 2023n/an/a

-US$2b

Jun 30 2023n/an/a

-US$2b

Mar 31 2023n/an/a

-US$1b

Dec 31 2022US$14mUS$1m

US$2b

Sep 30 2022n/an/a

US$3b

Jun 30 2022n/an/a

US$4b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$9mUS$1m

US$2b

Sep 30 2021n/an/a

US$3b

Jun 30 2021n/an/a

US$3b

Mar 31 2021n/an/a

US$4b

Dec 31 2020US$13mUS$500k

-US$1b

Compensation vs Market: David's total compensation ($USD15.33M) is above average for companies of similar size in the BR market ($USD5.70M).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.

CEO

David Finkelstein (51 yo)

4.7yrs

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

NamePositionTenureCompensationOwnership
David Finkelstein
CEO, Chief Investment Officer & Director4.7yrsUS$15.33m0.10%
R$ 64.0m
Steven Campbell
COO & President4.4yrsUS$5.33m0.0079%
R$ 5.0m
Serena Wolfe
Chief Financial Officer4.9yrsUS$4.89m0.0045%
R$ 2.9m
Anthony Green
Chief Corporate Officer7.7yrsUS$4.58m0.0084%
R$ 5.4m
Audrey Susanin
Deputy General Counsel & Chief Compliance Officerno datano datano data
Seana Gormley
Chief Human Resources Officerno datano datano data
Jessica LaScala
Head of Investment Operationsno datano datano data
Michael Fania
Deputy Chief Investment Officer & Head of Residential Creditno datano datano data
Johanna Griffin
Chief Risk Officer8.8yrsno datano data
Tanya Rakpraja
Head of Corporate Responsibility & Government Relations6.2yrsno datano data
Ken Adler
Head of Mortgage Servicing Rights & Portfolio Analyticsno datano datano data
V.S. Srinivasan
Head of Agency1.8yrsno datano data

4.9yrs

Average Tenure

49yo

Average Age

Experienced Management: N2LY34's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Finkelstein
CEO, Chief Investment Officer & Director4.7yrsUS$15.33m0.10%
R$ 64.0m
Michael Haylon
Independent Chairman of the Board16.4yrsUS$397.50kno data
John Schaefer
Independent Director11.5yrsUS$282.50k0.0039%
R$ 2.5m
Glenn Votek
Independent Director5yrsUS$285.04k0.016%
R$ 9.9m
Francine Bovich
Independent Director10.5yrsUS$295.00k0.00060%
R$ 382.4k
Kathy Hannan
Independent Director5.8yrsUS$310.00k0.0017%
R$ 1.1m
Scott Wede
Independent Director1.1yrsUS$185.00kno data
Thomas Hamilton
Independent Director5.7yrsUS$296.25k0.0058%
R$ 3.7m
Eric Reeves
Independent Director3.7yrsUS$300.00k0.0040%
R$ 2.6m
Martin Laguerre
Independent Director1.7yrsUS$275.00kno data
Vicki Williams
Independent Director6.8yrsUS$295.00kno data
Manon Laroche
Independent Director1.1yrsUS$185.00kno data

5.3yrs

Average Tenure

55yo

Average Age

Experienced Board: N2LY34's board of directors are considered experienced (5.3 years average tenure).