david finkelstein annaly compensation david finkelstein annaly compensation

Additional information on the Company can be found at www.annaly.com. Following one of the most challenging and unforeseen operating environments in analysts history, we were pleased with our performance during the second quarter. Mr. Finkelstein has over 25 years of experience in fixed income investments. We don't complete clarity on the economy and some of that runoff could go into the agency sector. Annaly Capital Management, Inc. Names David L. Finkelstein Chief Executive Officer Interim CEO Glenn Votek to Assume Role of Senior Advisor and Remain on the Board of Directors March 16, 2020 07: . Good morning and nice quarter guys. Thank you, Purvi and good morning, everyone and thanks for joining us on our second quarter earnings call. Mr. Finkelstein has over 25 years of experience in fixed income investments. With respect to our CRE portfolio specifically, total assets at quarter end of $2.5 billion represented a slight decrease while economic interest remained essentially flat. Musk Made a Mess at Twitter. in Finance and Economics from Kean University/University of Arizona, a M.B.A in Finance from Rutgers University and attended the Executive Education Program of the Colgate W. Darden Graduate School of Business Administration at the University of Virginia. And everything you said the two words that stood out everything changes. Chart Data in Insider Trading History Table. Very helpful and one quick follow-up if I may, you mentioned in terms of the agency funding composition extending out the repo financing terms, wondering going forward, would you expect to either further lengthen the repo financing terms or maintain what you've been doing, thanks? Things do look I think positive generally, but just wondering how you guys think about downside risk from here? Annaly is a leading diversified capital manager that invests in and finances residential and commercial assets. Mr. Hamilton received a B.S. Good morning and welcome to the Annaly Capital Management Second Quarter 2020 Conference Call. We've isolated around where we ended the quarter and right now as about last night it's up roughly 1%. We feel good about where pools are at. Annaly ended the quarter with excellent liquidity profile within $7.9 billion of unencumbered assets an increase of $1 billion from prior quarter and including cash and unencumbered agency MBS of $5.3 billion. So look with respect to the agency market, we are in an environment where funding is abundantly available and will be for some time given the reserves in the system. The most active insiders traders include Wellington Denahan, Kevin Keyes, and David L Finkelstein. Annaly Capital Management (NYSE:NLY) Q4 2021 Earnings Conference Call February 10, 2022 10:00 AM ETCompany Participants. While our allocation agency may increase modestly, we do continue to evaluate opportunities to deploy capital across our three credit businesses and we are beginning to develop the better lends into how each credit sector is evolving and we expect to shift to a more offensive posture in the coming months as we gain more clarity on the economic and real estate landscape. And then our TBA balances roughly unchanged for the quarter and with respect to what we expect for the third quarter is likely to be in the proximity of where we were at for Q2 maybe a touch higher. Mr. . Ms. Wolfe is a Certified Public Accountant in the states of New York, California, Illinois and Pennsylvania. Prior to joining Annaly in 2013, Mr. Finkelstein served for four years as an Officer in the Markets Group of the Federal Reserve Bank of New York where he was the primary strategist and policy advisor for the MBS Purchase Program. Mr Finkelstein owns over 6,186 units of Annaly Capital Management Inc stock worth over $8,163,735 and over the last 6 years he sold NLY stock worth over $0. is the Pres, CEO & Director at Annaly Capital Management Inc. As the Pres and CEO & Director of Annaly Capital Management Inc, the total compensation of Mr A at Annaly Capital Management Inc is $8,203,772. Mr. Reeves serves on the boards of several DCM portfolio companies and funds as well as on the Advisory Board of Ozinga Bros. His civic and philanthropic commitments include trusteeships at Rush University Medical Center and the National Philanthropic Trust. Biography of David Finkelstein. And that's exactly right. Now that being said, we are starting to get through this phase 2 as I mentioned last quarter where it's really about recalibrating each portfolio in the business and making sure we're optimizing each of the businesses and we're starting to get a better look at how things are going to unfold and we're seeing opportunities in credit and we're very strong constructive and it just may take a little bit of time to make sure we have the right approach and we have complete clarity on how things are going to play out. The estimated Net Worth of David L Finkelstein is at least $16.4 Million dollars as of 1 February 2023. This button displays the currently selected search type. investor@annaly.com, Brunswick Group From 1991 through 2005, Ms. Bovich served as the U.S. Representative to the United Nations Investment Committee, which advised a global portfolio of approximately $30 billion. He was Chief Financial Officer of the Phoenix Companies, Inc. from 2004 until 2007, and Executive Vice President and Chief Investment Officer of the Phoenix Companies in 2002 and 2003. Annaly is internally managed and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Annaly intends to use our webpage as a means of disclosing material non-public information for complying with the company's disclosure obligations under Regulation FD and to post and update investor presentations and some more materials on a regular basis. We have to look at how attractive assets are and then put that in the context of where thee stock prices make a buyback decision based on that. Wellington J. Denahan co-founded Annaly in 1996 and has served as a Director since that time. So given the slope of the curve, given the significant decrease in front end OIS rates to zero roughly, we took the opportunity to add hedges and move down the curve and better balance out the hedge profile to bring the average life to about half what it was at the end of the first quarter and it's still about twice the duration may be a little bit more than twice the duration of the asset portfolio currently, but at 40% hedge ratio being more -- a little bit over twice the duration you get to roughly 80% to 90% may be a little bit more interest rate protection assuming a parallel shift in the curve with a still slight steepening bias which we think is the appropriate approach. Steven F. Campbell is President and Chief Operating Officer of Annaly. in Education with a concentration in mathematics education and an M.B.A. with a concentration in finance and quantitative statistics, each with honors from the University of Georgia. Ms. Bovich has a B.A. With the improved stability in the financial markets, we've seen an improvement of lenders appetite to finance credit assets particularly in the residential space in anticipation of the expiration of our FHLB membership in February of 2021, we're executing an offset financing strategy involving committed funding facilities for our residential credit business and as David mentioned, we maintain a strong presence in residential securitization market. These funds represent a broad scope of investment strategies including equities, taxable fixed income, municipal bonds, and cash management. Mr has made over 9 trades of the Annaly Capital Management Inc stock since 2016, according to the Form 4 filled with the SEC. Annaly's principal business objective is to generate net income for distribution to its stockholders and to optimize its returns through prudent management of its diversified investment strategies. The report demonstrates Annaly's continued focus on setting and measuring progress on . Prior to joining Annaly in 2009, Mr. Green was a partner in the Corporate, Securities, Mergers & Acquisitions Group at K&L Gates LLP. Salary, bonuses, stock options, stock awards and other compensation for David L. Finkelstein, Chief Executive Officer, President and Director at ANNALY CAPITAL MANAGEMENT. Most recently he exercised 31,721 units of NLY stock worth $179,224 on 30 June 2022. . David L. Finkelstein is CEO and Chief Investment Officer of Annaly. Audit Committee (Chair)Management Development and Compensation CommitteeNCG Committee. Is it picked up in your asset yield or your funding costs or both? Mr. Green has served as Chief Corporate Officer since January 2019 and Chief Legal Officer since March 2017. I'd now like to turn the conference over to Purvi Kamdar. Click Here for Your Free Ultimate Dividend Package. Following the completion of the transaction, the chief executive officer now directly owns 1,669,013 shares of the company's stock, valued at $9,279,712.28. David you had in your comments suggested that Q3 earnings core earnings are on track to exceed the dividend again and I'm curious when you guys think about dividend policy, currently your ROEs are very high. At the time we started quarter with a swap portfolio of about nine odd years I believe, now given how long that portfolio is in duration as we mentioned last quarter provides multiples of interest rate protection relative to the assets, which are much shorter in duration. Prior to joining Annaly in 2013, Mr. Finkelstein served for four years as an Officer in the Markets Group of the Federal Reserve Bank of New York where he was the primary strategist and policy advisor for the MBS Purchase Program. ANNALY CAPITAL MANAGEMENT annual reports of executive compensation and pay are most commonly found in the Def 14a documents. And with that, I'll turn it over to operator for questions. The portfolio generated 188 points of NIM up Q1 of 118 basis points, driven primarily by the decrease in cost on funds that I mentioned a moment ago. Mr. Green has over 20 years of experience in corporate and securities law. But when you look at the portfolio and the economic return of the portfolio on the quarter, that was 15% and that persists we think. NEW YORK -- (BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE: NLY) ("Annaly" or the "Company") announced today the Board of Directors (the "Board") has elected David L. Finkelstein as its Chief Executive Officer and a . Mr. Haylon has previously served on the boards of Aberdeen Asset Management and Phoenix Investment Partners.