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 4.17 years. total yearly compensation is $15.33M, comprised of 6.5% salary and 93.5% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth $5.88M. The average tenure of the management team and the board of directors is 4.4 years and 4.8 years respectively.
Key information
David Finkelstein
Chief executive officer
US$15.3m
Total compensation
| CEO salary percentage | 6.5% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.06% |
| Management average tenure | 4.4yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 US market ($USD8.39M).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Finkelstein (50 yo)
4.2yrs
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 | 4.2yrs | US$15.33m | 0.063% $ 5.9m | |
| COO & President | 3.9yrs | US$5.33m | 0.0089% $ 831.9k | |
| Chief Financial Officer | 4.4yrs | US$4.89m | 0.0051% $ 475.5k | |
| Chief Corporate Officer | 7.2yrs | US$4.58m | 0.019% $ 1.8m | |
| 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 | 8.3yrs | no data | no data | |
| Head of Corporate Responsibility & Government Relations | 5.7yrs | no data | no data | |
| Head of Mortgage Servicing Rights & Portfolio Analytics | no data | no data | no data | |
| Head of Agency | 1.3yrs | no data | no data |
4.4yrs
Average Tenure
48yo
Average Age
Experienced Management: NLY.PRF's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chief Investment Officer & Director | 4.2yrs | US$15.33m | 0.063% $ 5.9m | |
| Independent Chairman of the Board | 15.9yrs | US$397.50k | no data | |
| Independent Director | 11yrs | US$282.50k | 0.0044% $ 409.8k | |
| Independent Director | 4.5yrs | US$285.04k | 0.017% $ 1.6m | |
| Independent Director | 10yrs | US$295.00k | 0.00067% $ 62.8k | |
| Independent Director | 5.3yrs | US$310.00k | 0.0019% $ 179.1k | |
| Independent Director | less than a year | US$185.00k | no data | |
| Independent Director | 5.2yrs | US$296.25k | 0.0065% $ 608.6k | |
| Independent Director | 3.2yrs | US$300.00k | 0.0017% $ 160.4k | |
| Independent Director | 1.2yrs | US$275.00k | no data | |
| Independent Director | 6.3yrs | US$295.00k | no data | |
| Independent Director | less than a year | US$185.00k | no data |
4.8yrs
Average Tenure
54yo
Average Age
Experienced Board: NLY.PRF's board of directors are considered experienced (4.8 years average tenure).