Annaly Capital Management Management
Management criteria checks 3/4
Annaly Capital Management's CEO is David Finkelstein, appointed in Mar 2020, he has a tenure of 3.25 years. His total yearly compensation is $14.32M , comprised of 7% salary and 93% bonuses, including company stock and options. He directly owns 0.05% of the company’s shares, worth $4.89M. The average tenure of the management team and the board of directors is 4.8 years and 4.3 years respectively.
Key information
David Finkelstein
Chief executive officer
US$14.3m
Total compensation
| CEO salary percentage | 7.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.05% |
| Management average tenure | 4.8yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Annaly Capital co-founder Wellington Denahan to retire from board
Feb 22Annaly Upcoming Dividend Cut: Not The First, Won't Be The Last
Feb 14Will Annaly Capital Management Q4 earnings beat for a 13th straight time?
Feb 073 Reasons To Be Bearish On Annaly For 2023
Jan 20My Retirement Is Paid For By Your Home: Annaly Capital
Jan 12Annaly Capital: My Top 2023 Dividend Pick
Dec 29Annaly Capital Management declares $0.88 dividend
Dec 08Annaly Capital: Trail Of Blood
Nov 04Annaly Capital Management declares $0.88 dividend, approves 1-for-4 reverse stock split
Sep 08Annaly Capital: 14% Yield Trap Or Opportunity?
Sep 02Annaly's 13.3% Yield Is A Red Flag
Aug 09Annaly Capital Management stock slips postmarket on 100M share offering
Aug 01Annaly Capital: I'll Love It At $5
Jul 18High Yield At Reduced Risk With Annaly Preferreds
Jul 11Annaly Capital, The Common Or The Preferred?
Jun 30Annaly: Ignore Tangible Book Value Changes At Your Own Peril
May 29Annaly Capital: You Are Overpaying Right Now
May 09Annaly: Mortgage Market Capitulation May Be Around The Corner
May 02Ditch Annaly
Mar 30Annaly Capital Stock: Set For A Deeper Correction
Mar 14Annaly: More Pain To Come
Feb 12Annaly: Skyrocketing Mortgage Rates Could Prove Disastrous For Mortgage REITs
Feb 01Annaly: Not Just Another Pretty Dividend
Jan 17Annaly Capital: What A 9%+ Yield Spread Means For Retirement
Dec 31Unless You Get A Huge Discount, Don't Buy Annaly Capital's 10.4% Yield
Nov 29Annaly Capital: Safe 10%-Plus Dividend Yield
Nov 05The Inequality Of Annaly's Preferred Shares
Oct 27Annaly Capital Management: Updated Assessment And Yield Spread Analysis
Sep 23Annaly Capital: Superior Hedging Strategy, But Not All Risks Can Be Avoided
Sep 14Is Annaly Capital A Good Stock To Buy? What To Consider
Aug 13Annaly Capital Management: Most Attractive mREIT Candidate Currently
Aug 06Annaly Capital's 9.9% Yield Just Got A Lot More Interesting On The Dip
Jul 05Annaly Capital: Book Value Up, Higher Net Interest Margin, 9.7% Yield
May 05Annaly Capital Management Q1 Earnings Preview
Apr 27Annaly Capital Management, Inc.'s (NYSE:NLY) Has Found A Path To Profitability
Feb 15
Annaly: Catch The Dividend Rocket
Feb 04CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| 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$1b |
Compensation vs Market: David's total compensation ($USD14.32M) is about average for companies of similar size in the US market ($USD12.27M).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Finkelstein (50 yo)
3.3yrs
Tenure
US$14,323,682
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 Manageme...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chief Investment Officer & Director | 3.3yrs | US$14.32m | 0.050% $ 4.9m | |
| COO & President | 3yrs | US$4.39m | 0.0050% $ 489.1k | |
| Chief Financial Officer | 3.5yrs | US$3.29m | 0.0022% $ 213.1k | |
| Chief Corporate Officer | 6.3yrs | US$4.42m | 0.013% $ 1.2m | |
| Chief Technology Officer | no data | no data | no data | |
| Deputy General Counsel & Chief Compliance Officer | no data | no data | no data | |
| Head of Marketing - Business Development | 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 | |
| Managing Director of Asset Management | 7.8yrs | no data | no data | |
| Chief Risk Officer | 7.4yrs | no data | no data | |
| Head of Corporate Responsibility & Government Relations | 4.8yrs | no data | no data |
4.8yrs
Average Tenure
49yo
Average Age
Experienced Management: NLY's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chief Investment Officer & Director | 3.3yrs | US$14.32m | 0.050% $ 4.9m | |
| Independent Chairman of the Board | 15yrs | US$395.00k | no data | |
| Independent Director | 10.1yrs | US$285.00k | 0.0044% $ 429.0k | |
| Director | 3.6yrs | US$299.24k | 0.018% $ 1.7m | |
| Independent Director | 9.1yrs | US$290.00k | 0.00068% $ 65.9k | |
| Independent Director | 4.3yrs | US$310.00k | 0.0019% $ 186.9k | |
| Independent Director | 4.3yrs | US$285.00k | 0.0066% $ 637.3k | |
| Independent Director | 2.3yrs | US$290.00k | 0.0017% $ 167.6k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.4yrs | US$295.00k | no data |
4.3yrs
Average Tenure
58yo
Average Age
Experienced Board: NLY's board of directors are considered experienced (4.3 years average tenure).