People: Annaly Capital Management Inc (NLY)

Summary

Name	Age	Since	Current Position
Wellington Denahan-Norris	49	2012	Chairman of the Board, Chief Executive Officer
Kevin Keyes	45	2012	President, Director
Kathryn Fagan	46	1997	Chief Financial Officer, Treasurer
James Fortescue	39	2012	Chief Operating Officer
Glenn Votek	73	2013	Chief Administrative Officer
Kristopher Konrad	38	2012	Co-Chief Investment Officer
Rose-Marie Lyght	39	2012	Co-Chief Investment Officer
R. Nicholas Singh	54	2010	Chief Legal Officer, Chief Compliance Officer, Secretary
Kevin Brady	57	1997	Independent Director
Jonathan Green	66	1997	Independent Director
Michael Haylon	55	2008	Independent Director
John Lambiase	73	1997	Independent Director
Edgar Nordberg	74	2005	Independent Director
John Schaefer	61	2013	Independent Director
Donnell Segalas	55	1997	Independent Director

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Biographies

Name	Description
Wellington Denahan-Norris	Ms. Wellington J. Denahan-Norris is Chairman of the Board, Chief Executive Officer of Annaly Capital Management Inc., since November 2012. Previously, Ms. Denahan was appointed to serve as Co-Chief Executive Officer of Annaly in October 2012. Ms. Denahan was elected in December 1996 to serve as Vice Chairman of the Board and a Chief Investment Officer of Annaly. Ms. Denahan was Annaly’s Chief Operating Officer from January 2006 to October 2012 and Chief Investment Officer from 2000 to November 2012. She was a co-founder of Annaly. Ms. Denahan has a Bachelor of Arts from Florida State University.
Kevin Keyes	Mr. Kevin G. Keyes is President, Director of Annaly Capital Management Inc. Prior to being named to his current role, Mr. Keyes served as Chief Strategy Officer and Head of Capital Markets at Annaly. Mr. Keyes has over 20 years of Capital Markets and Investment Banking experience. He joined Annaly in 2009 from Bank of America Merrill Lynch where he served in various senior management and business origination roles since 2005. Prior to that, Mr. Keyes also worked at Credit Suisse First Boston from 1997 until 2005 in various capital markets roles and Morgan Stanley Dean Witter from 1990 until 1997 in various investment banking positions. Mr. Keyes has a B.A. in Economics and a B.S. in Business Administration (ALPA Program) from the University of Notre Dame.
Kathryn Fagan	Ms. Kathryn F. Fagan is Chief Financial Officer, Treasurer of Annaly Capital Management Inc. Ms. Fagan was employed as Chief Financial Officer and Treasurer of Annaly in April 1997. From June 1, 1991 to February 28, 1997, Ms. Fagan was Chief Financial Officer and Controller of First Federal Savings & Loan Association of Opelousas, Louisiana. Ms. Fagan was employed as a bank and savings and loan auditor by John S. Dowling & Company, a corporation of Certified Public Accountants. Ms. Fagan has a Bachelor of Arts and a Masters Degree in Business Administration each from the University of Southwestern Louisiana.
James Fortescue	Mr. James P. Fortescue is Chief Operating Officer of Annaly Capital Management Inc., since October 8, 2012. Mr. Fortescue was previously Chief of Staff, Head of Liabilities and Managing Director of Annaly. Mr. Fortescue joined FIDAC in June of 1995. Mr. Fortescue’s responsibilities included overseeing FIDAC’s financing on mortgage-backed and corporate bonds, as well as maintaining a pricing service for a broker dealer. In September of 1996, Mr. Fortescue assumed responsibility for overseeing financing activities for the U.S. Dollar Floating Rate Fund Ltd. Mr. Fortescue has been in charge of liability management for Annaly since its inception, and continues to oversee all financing activities for FIDAC. Mr. Fortescue has a Bachelors Degree in Finance from Siena College.
Glenn Votek	Mr. Glenn A. Votek is Chief Administrative Officer of Annaly Capital Management, Inc. Mr. Votek joins Annaly from CIT Group where he was an Executive Vice President and Treasurer since 1999 and President of Consumer Finance since 2012. At CIT, Mr. Votek was responsible for all functional areas of CIT's treasury group, including capital markets, securitization, asset/liability management, hedging, international treasury, cash management, and banking and rating agency relations. He was also actively involved in the investor marketing activities at CIT. Included among his committee memberships were: Asset Liability Management Committee, Financial Disclosure Committee, Pension Investments Committee and the Employee Benefit Plans Committee. He also previously served as Chairman of the Board of CIT Bank. Mr. Votek joined CIT in November 1999 following its acquisition of Newcourt Credit Group, at which time he was appointed Treasurer. Prior to the acquisition, he was the Treasurer of Newcourt Credit Corp. and AT&T Capital Corporation. Mr. Votek has also held various treasury and financial management positions within AT&T Corporation, Amerada Hess Corporation and Westinghouse Credit Corporation. Mr. Votek earned a Masters of Business Administration in Finance from Rutgers University, where he remains active as an executive mentor for MBA students, and attended the Executive Education Program of the Colgate W. Darden Graduate School of Business Administration at the University of Virginia.
Kristopher Konrad	Mr. Kristopher R. Konrad is Co-Chief Investment Officer of Annaly Capital Management Inc. Mr. Konrad was previously a Managing Director and Head Portfolio Manager of Annaly. Mr. Konrad was the Portfolio Manager for Annaly and has served in this capacity since December of 2000. Prior to this, he was head of financing for the U.S. Dollar Floating Rate Fund Ltd. and assisted with the management of FIDAC’s high net worth separate accounts. Mr. Konrad was employed by Annaly in October 1997. Mr. Konrad has a Bachelors Degree in Business from Ithaca College and has attended the New York Institute of Finance for intensive mortgage-backed securities studies.
Rose-Marie Lyght	Ms. Rose-Marie Lyght is Co-Chief Investment Officer of Annaly Capital Management Inc. Ms. Lyght was previously a Managing Director of Annaly and Chief Investment Officer of FIDAC. She has been involved in the asset selection and financing for the investment vehicles managed by FIDAC. Ms. Lyght was employed by Annaly in April 1999. Ms. Lyght has a Bachelor of Science in Finance and a Masters Degree in Business Administration from Villanova University.
R. Nicholas Singh	Mr. R. Nicholas Singh is Chief Legal Officer, Chief Compliance Officer, Secretary of Annaly Capital Management Inc. Mr. Singh was employed by Annaly in February 2005. From 2001 until he joined Annaly, he was a partner in the law firm of McKee Nelson LLP. Mr. Singh has a Bachelors Degree from Carleton College, a Masters Degree from Columbia University and a J.D. from American University.
Kevin Brady	Mr. Kevin P. Brady is Independent Director of Annaly Capital Management Inc., since January 28, 1997. Mr. Brady has served as an independent director of the Company since 1997 and is Chair of the Audit Committee, with oversight for financial disclosure, audit and general accounting activities. Mr. Brady is the Chief Executive Officer of ARMtech, a software company that he founded in 2007, which is dedicated to the financial reporting market. In January of 2008, ThomsonReuters acquired TaxStream, a software company founded by Mr. Brady. Prior to the acquisition, he served as Chief Executive Officer of TaxStream, providing product, management and strategic direction for the company. Mr. Brady was awarded a patent from the U.S. Patent and Trademark Office (No. 7627504) for the invention of the TaxStream product. Mr. Brady worked in various accounting and tax positions at PricewaterhouseCoopers from 1986 to 1994 and Merck from 1980 to 1986. Mr. Brady holds a B.A. from McGill University, an M.B.A. from New York University and is a Certified Public Accountant (inactive).
Jonathan Green	Mr. Jonathan D. Green is Independent Director of Annaly Capital Management Inc., since January 28, 1997. Since January 2011, Mr. Green has served as a special advisor to Rockefeller Group International, Inc., a wholly owned subsidiary of Mitsubishi Estate Company, Ltd., with interests in real estate ownership, investment, management and development, and real estate services collectively operating under the brand of The Rockefeller Group. He joined The Rockefeller Group in 1980 as Assistant Vice President and Real Estate Counsel. In 1983 he was appointed Vice President, Secretary and General Counsel and in 1990 was elected Chief Corporate Officer. On July 6, 1995 he was named President and Chief Executive Officer of Rockefeller Group Development Corporation (RGDC) and Rockefeller Center Management Corporation (RCMC), both subsidiaries of The Rockefeller Group. In October 2002 Mr. Green was named President and Chief Executive Officer of Rockefeller Group International, Inc., becoming Vice Chairman in January 2009. He served as Vice Chairman until December 2010. In his role as Vice Chairman, Mr. Green was active in formulating the strategic planning for the company and its subsidiaries, which include Rockefeller Group Development Corporation, Rockefeller Group Investment Management, Rockefeller Group Technology Solutions, Inc. and Rockefeller Group Business Centers. Before joining The Rockefeller Group, Mr. Green was associated with the New York City law firm of Thacher, Proffitt & Wood. He also serves on the Board of Trustees of the Wildlife Conservation Society. Mr. Green graduated from Lafayette College and the New York University School of Law.
Michael Haylon	Mr. Michael E. Haylon is Independent Director of Annaly Capital Management Inc., since June 12, 2008. Since January 2012, Mr. Haylon has served as Managing Director, Head of Investment Products at Conning, Inc. From September 2010 to December 2011, Mr. Haylon served as Head of Investment Product Management at General Re – New England Asset Management. 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. From 1995 until 2002, he held the position of Executive Vice President of Phoenix Investment Partners, Ltd. a NYSE-listed company, and President of Phoenix Investment Counsel, where he was responsible for the management and oversight of $25 billion in closed-end and open-end mutual funds, corporate pension funds and insurance company portfolios. From 1990 until 1994 he was Senior Vice President of Fixed-Income at Phoenix Home Life Insurance Company. From 1986 until 1990, he was Managing Director at Aetna Bond Investors where he was responsible for management of insurance company and pension fund portfolios. From 1980 until 1984 he was Senior Financial Analyst at Travelers Insurance Companies. He began his career in 1979 in the commercial lending program at Philadelphia National Bank. Mr. Haylon has previously served on the boards of Aberdeen Asset Management and Phoenix Investment Partners. He has a B.A. from Bowdoin College and a M.B.A. from the University of Connecticut.
John Lambiase	Mr. John A. Lambiase is Independent Director of Annaly Capital Management Inc., since January 28, 1997. Mr. Lambiase was managing director in global operations at Salomon Brothers from 1985 through his retirement in 1991. Mr. Lambiase joined Salomon in 1979 as director of internal audit. Mr. Lambiase has served as Chairman of the Mortgage-Backed Securities Clearance Corporation, a member of the board of directors of Prudential Home Mortgage and a member of the Board of the National Securities Clearance Corporation, and was a founding director and Chairman of the Participation Trust Company. Mr. Lambiase also served on Salomon’s Credit Committee. Prior to joining Salomon, from 1972 through 1979, Mr. Lambiase was President of Loeb Rhodes Wall Street Settlement Corporation with responsibility for securities clearance of over 130 member firms. Prior to Loeb Rhodes, Mr. Lambiase had been the Chief Financial Officer and a General Partner of W.E. Hutton. Mr. Lambiase is a Certified Public Accountant (inactive).
Edgar Nordberg	Mr. E. Wayne Nordberg is Independent Director of Annaly Capital Management Inc., since May 27, 2005. Since 2008 he has served as Chairman of Hollow Brook Wealth Management LLC, a SEC registered investment advisor, which manages or advises $1.7 billion of investment assets, including the Lafayette College Endowment Fund. From January 2003 to November 2008, Mr. Nordberg served as a senior director of Ingalls & Snyder LLC, an NYSE member and registered investment advisor. From 1998 to June 2002, Mr. Nordberg served as Vice Chairman of the Board of KBW Asset Management, Inc. KBW is an affiliate of Keefe, Bruyette, & Woods, Inc., a registered investment advisor offering investment management services to institutions and high net worth individuals. From 1988 to 1998, he served in various capacities for Lord, Abbett & Co., a mutual fund company, including partner and director of their family of funds. Mr. Nordberg received his B.A. from Lafayette College, where he is a Trustee Emeritus. He is a member of the Financial Analysts Federation and The New York Society of Security Analysts and is a Trustee of the Atlantic Salmon Federation, The American Museum of Fly Fishing, The Anglers’ Club of New York, Glynwood Center and Yellowstone Park Foundation. Mr. Nordberg also serves on the Investment Committee of The Jackson Laboratory and the National Wildlife Federation Endowment Fund. Mr. Nordberg is also a director of PetroQuest Energy, Inc. and Reaves Utility Income Fund, both NYSE-listed companies.
John Schaefer	Mr. John H. Schaefer has been Independent Director of Annaly Capital Management Inc., since March 2013. Mr. Schaefer has over 30 years financial services experience including serving as a member of the management committee of Morgan Stanley from 1998 through 2005 and as President and Chief Operating Officer of the Global Wealth Management division of Morgan Stanley. Mr. Schaefer retired in February 2006 and from 2008 through 2012 served as a board member and chair of the audit committee of USI Holdings Corporation. Mr. Schaefer has a B.B.A. in Accounting from the University of Notre Dame and an M.B.A. from the Harvard Graduate School of Business.
Donnell Segalas	Mr. Donnell A. Segalas is Independent Director of Annaly Capital Management Inc. He is the Chief Executive Officer and a Managing Partner of Pinnacle Asset Management L.P., a New York-based alternative asset management firm. Prior to joining Pinnacle in 2003, Mr. Segalas was Executive Vice President and Chief Marketing Officer for Alternatives at Phoenix Investment Partners. Mr. Segalas is also an appointed Director to certain of the Cayman Island based funds managed by Pinnacle. Mr. Segalas is a member of the Nantucket Historical Society. He received a B.A. from Denison University.

Basic Compensation

Name	Fiscal Year Total
Wellington Denahan-Norris	25,810,100
Kevin Keyes	6,990,130
Kathryn Fagan	9,310,130
James Fortescue	7,000,130
Glenn Votek	--
Kristopher Konrad	6,300,130
Rose-Marie Lyght	--
R. Nicholas Singh	--
Kevin Brady	--
Jonathan Green	--
Michael Haylon	--
John Lambiase	--
Edgar Nordberg	--
John Schaefer	--
Donnell Segalas	--

As Of 30 Dec 2012

Options Compensation

Name	Options	Value
Wellington Denahan-Norris	790,948	551,258
Kevin Keyes	0	0
Kathryn Fagan	266,929	192,126
James Fortescue	143,250	103,150
Glenn Votek	0	0
Kristopher Konrad	30,000	87,250
Rose-Marie Lyght	0	0
R. Nicholas Singh	0	0
Kevin Brady	0	0
Jonathan Green	0	0
Michael Haylon	0	0
John Lambiase	0	0
Edgar Nordberg	0	0
John Schaefer	0	0
Donnell Segalas	0	0

Insider Trading

Name	Shares Traded	Price
DENAHAN-NORRIS WELLINGTON J	100,000	$13.25
SCHAEFER JOHN H	25,000	$15.16
SINGH R NICHOLAS	37,500	$13.25
KONRAD KRISTOPHER ROBERT	20,000	$13.25
KEYES KEVIN	100,000	$13.90
LYGHT ROSE MARIE	15,000	$13.25
FORTESCUE JAMES P	10,000	$13.25
KONRAD KRISTOPHER ROBERT	17,500	$13.25
DIAMOND JEREMY	5,000	$13.25
FARRELL MICHAEL A J	112,000	$15.61
LYGHT ROSE MARIE	7,500	$13.25
SINGH R NICHOLAS	37,500	$13.25
LAMBIASE JOHN A	1,250	$14.17
GREEN JONATHAN D	1,250	$14.17
NORDBERG E WAYNE	1,250	$14.17
BRADY KEVIN P	12,500	$13.25
FAGAN KATHRYN F	37,500	$13.25
FARRELL MICHAEL A J	100,000	$13.25
DENAHAN-NORRIS WELLINGTON J	100,000	$13.25
SEGALAS DONNELL A	12,500	$13.25
KONRAD KRISTOPHER ROBERT	12,500	$13.25
BRADY KEVIN P	12,500	$13.25
LYGHT ROSE MARIE	500	$16.59
FORTESCUE JAMES P	20,000	$13.25
FAGAN KATHRYN F	6,369	$15.70

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People: Annaly Capital Management Inc (NLY)

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Summary

Biographies

Basic Compensation

Options Compensation

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