NEW YORK--(BUSINESS WIRE)--
Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”)
today announced promotions of senior officers, recent new hires and a
broad expansion of the Operating Committee, the Company’s firm-wide
management team.
Kevin Keyes, Annaly’s Chief Executive Officer and President commented:
“We have made significant progress in establishing a team with broad and
complementary expertise to manage and lead the firm now and in the
future. With several key roles filled, Annaly is poised to continue to
grow and effectively manage our diversified investment strategies.”
Promotion of Key Executives
Annaly is proud to announce the following promotions:
- David L. Finkelstein has been named Chief Investment Officer,
Agency and RMBS. David is also a member of the Operating Committee. He
joined Annaly in 2013 from the Federal Reserve Bank of New York where
he served as an Officer in the Markets Group and was the primary
strategist and policy advisor for the MBS purchase program. David has
over 20 years of experience in Fixed Income. Prior to the Federal
Reserve Bank of New York, David held Agency MBS trading positions at
Salomon Smith Barney, Citigroup Inc. and Barclays PLC. David has a
B.A. from the University of Washington and an M.B.A. from the
University of Chicago, Booth School of Business.
- Timothy P. Coffey has been named Annaly’s Chief Credit Officer.
In this role, Tim will oversee the expanded risk management team for
Annaly’s three investment groups: Agency and Residential Credit,
Commercial Real Estate, and Middle Market Lending. Tim is also a
member of the Operating Committee and has served as Head of Middle
Market Lending since joining Annaly in 2010. Before joining Annaly,
Tim was a Managing Director in the Middle Market Leveraged Finance
Group of the Bank of Ireland and, prior to that, he worked in
corporate and finance roles at Scotia Capital Inc., Reliance Group
Holdings, Inc. and SC Johnson Holdings International Inc. Tim has a
B.S. from Marquette University.
- Helen W. Crossen has been named Chief Administrative Officer of
Annaly and will also become a member of the Operating Committee. Helen
joined Annaly in 2014 as the Head of HR. Helen will be responsible for
overseeing the daily activities of employees and internal operations
of Annaly. Prior to joining Annaly, Helen held HR roles at
NBCUniversal Media LLC, General Electric Company and International
Business Machines Corporation. Helen earned her B.A., M.A. and J.D.
from Rutgers University.
- Peter Dancy has been named Head of Middle Market Lending. Prior
to joining Annaly in 2010, Peter had been Managing Director and Head
of U.S. Sponsor Coverage for Bank of Ireland. Peter has over 25 years
of experience, specifically focused on middle market leveraged finance
transactions. Peter received a B.A. from The College of Wooster and an
M.B.A. from the University of Chicago, Booth School of Business.
- Jessica LaScala has been named Head of Investor Relations.
Jessica joined the Company in 2014 and was most recently a Director of
Portfolio Management in Annaly’s Agency Group. Prior to joining
Annaly, Jessica was at the Federal Reserve Bank of New York where she
managed Mortgage Operations for the Federal Reserve’s MBS purchase
program. Before joining the Federal Reserve Bank of New York, Jessica
worked at Citigroup Inc. as an Agency MBS Trader. Jessica earned her
B.A. from Columbia University, Barnard College.
Continued Expansion of the Management Team
In addition to the foregoing promotions, Annaly is announcing the
addition of senior hires across its investment businesses and within its
corporate infrastructure. The additions to the management team are
profiled below:
Agency and RMBS
- Johanna Griffin has joined Annaly as Managing Director, Head of
Agency and Non-Agency MBS Risk. She joined the firm from Barclays PLC
where she was Global Head of Market Risk for Securitized Products.
Johanna has also held senior risk roles at UBS AG, as a Managing
Director in its Fixed Income and proprietary hedge fund divisions.
Johanna has extensive experience with MBS, analyzing trading
strategies and establishing risk frameworks to identify, measure and
mitigate risks. Johanna graduated from Villanova with a B.A. and is a
member of the Global Association of Risk Professionals.
Annaly Commercial Real Estate
- John Montesi has joined Annaly as Managing Director –
Syndications on the commercial real estate team. Prior to joining
Annaly, John was a Senior Vice President at GE Capital Real Estate
where he structured, priced and led the real estate loans syndications
and mezzanine debt placements for portfolio and single asset loans.
John has over 25 years of commercial real estate experience and, in
addition to his experience at GE Capital Real Estate, has held roles
at BNY Mellon. John has a B.S. from Tufts University and a M.B.A. from
Boston University, Questrom School of Business.
- Paul C. Mundinger has joined Annaly’s commercial real estate
legal team as a Managing Director, Associate General Counsel. Paul has
over 30 years of experience as a commercial real estate attorney,
including the last 23 years with the in-house legal department of GE
Capital Real Estate. Paul has a B.S. from Hamilton College and a J.D.
from the University of San Diego School of Law.
Annaly Corporate
- Audrey K. Susanin has joined Annaly as Director, Associate
General Counsel. Prior to joining Annaly, Audrey was a Vice President
and Assistant General Counsel at News Corporation advising on matters
related to corporate governance, shareholder activism and engagement,
securities laws and executive compensation. Prior to News Corporation,
Audrey was an associate at Weil, Gotshal and Manges LLP. Audrey has a
B.A. from Cornell University and J.D. from Harvard Law School.
- Howard J. Kim has joined Annaly as a Director, Head of
Compensation, Benefits and HR Operations. Prior to joining Annaly,
Howard was the head of Global Compensation at NASDAQ, Inc. Howard also
held several compensation roles including Global Compensation Head,
Senior Vice President for divisions within Citigroup Inc. Before
joining Citigroup, Inc., Howard held an executive compensation role at
Capgemini Ernst & Young. Howard has a B.S. from New York University,
Leonard School of Business.
Additions to the Operating Committee
Given Annaly’s continued growth and expansion into diversified
investment businesses and the evolving market environment, the Company
has expanded its firm-wide Operating Committee with complementary and
broad experience. In addition to the previously mentioned new members,
the Company has added the following executives to the Operating
Committee:
- Steven F. Campbell, Head of Credit Strategy. Steve joined
Annaly in April 2015 from Fortress Investment Group LLC where he held
various roles over six years as a Managing Director in the Credit
Funds business. Steve has also worked with D.B. Zwirn & Co, L.P. and
General Electric Capital Corporation with a focus on credit and debt
restructuring. Steve has a B.B.A. from the University of Notre Dame
and an M.B.A. from the University of Chicago, Booth School of Business.
- Anthony C. Green,Deputy General Counsel. Anthony joined
Annaly in 2009 from K&L Gates LLP where he was a partner in the
Corporate, Securities, Mergers & Acquisitions Group. Anthony earned
his B.A. from the University of Pennsylvania and J.D. and LL.M. from
Cornell Law School.
- Michael Quinn, Co-Head of Commercial Real Estate. Mike joined
Annaly in January 2014 and along with Jeffrey J. Thompson, Co-Head of
Commercial Real Estate, oversees Annaly’s commercial real estate
business and team. Mike has over 20 years of experience in commercial
real estate, including serving as a Managing Director of Morgan
Stanley with senior investment responsibilities for the Morgan Stanley
Real Estate Investing platform. Mike has a B.B.A. from the University
of Notre Dame.
Effective in January 2016, the members of the Company’s Operating
Committee are:
-
Kevin G. Keyes, Chief Executive Officer and President
-
Wellington J. Denahan, Executive Chairman
-
Glenn A. Votek, Chief Financial Officer
-
R. Nicholas Singh, Chief Legal Officer
-
David L. Finkelstein, Chief Investment Officer, Agency and RMBS
-
Timothy P. Coffey, Chief Credit Officer
-
Helen W. Crossen, Chief Administrative Officer
-
Steven F. Campbell, Head of Credit Strategy
-
Anthony C. Green, Deputy General Counsel
-
Michael Quinn, Co-Head of Commercial Real Estate
About Annaly
Annaly’s principal business objective is to generate net income for
distribution to its shareholders from its investments. Annaly is a
Maryland corporation that has elected to be taxed as a real estate
investment trust (“REIT”). Annaly is managed and advised by Annaly
Management Company LLC. Each of the individuals named in this release is
employed by Annaly Management Company LLC and provides services to
Annaly pursuant to the management agreement between Annaly and Annaly
Management Company LLC.
Other Information
This news release and our public documents to which we refer contain or
incorporate by reference certain forward-looking statements which are
based on various assumptions (some of which are beyond our control) and
may be identified by reference to a future period or periods or by the
use of forward-looking terminology, such as “may,” “will,” “believe,”
“expect,” “anticipate,” “continue,” or similar terms or variations on
those terms or the negative of those terms. Actual results could differ
materially from those set forth in forward-looking statements due to a
variety of factors, including, but not limited to, changes in interest
rates; changes in the yield curve; changes in prepayment rates; the
availability of mortgage-backed securities and other securities for
purchase; the availability of financing and, if available, the terms of
any financings; changes in the market value of our assets; changes in
business conditions and the general economy; our ability to grow our
commercial business; our ability to grow our residential mortgage credit
business; credit risks related to our investments in Agency CRT
securities, residential mortgage-backed securities and related
residential mortgage credit assets, commercial real estate assets and
corporate debt; our ability to consummate any contemplated investment
opportunities; changes in government regulations affecting our business;
our ability to maintain our qualification as a REIT for federal income
tax purposes; and our ability to maintain our exemption from
registration under the Investment Company Act of 1940, as amended. For a
discussion of the risks and uncertainties which could cause actual
results to differ from those contained in the forward-looking
statements, see “Risk Factors” in our most recent Annual Report on Form
10-K and any subsequent Quarterly Reports on Form 10-Q. We do not
undertake, and specifically disclaim any obligation, to publicly release
the result of any revisions which may be made to any forward-looking
statements to reflect the occurrence of anticipated or unanticipated
events or circumstances after the date of such statements.

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Annaly Capital Management, Inc.
Investor Relations, 888-8Annaly
Source: Annaly Capital Management, Inc.