 |
| Kathryn F. Fagan |
NEW YORK, NY --(BUSINESS WIRE)-- The Board of Directors (the
“Board”) of Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the
“Company”) today announced that it has appointed Glenn A. Votek, 55, as
Chief Financial Officer of the Company.
Mr. Votek will also
serve as a member of Annaly’s Operating Committee. Mr. Votek was previously the
Company’s Chief Administrative Officer.
Following an impressive career, including serving as Chief
Financial Officer of the Company since its founding, Kathryn F. Fagan has
decided to retire. The Board thanks Ms. Fagan for her many years of service and
valuable contributions to the Company.
“I want to personally thank Kathryn for all she has done for
the Company over the past 16 years and I wish her all the best in her retirement”
said Wellington Denahan, Chairman and Chief Executive Officer of Annaly.
 |
| Wellington Denahan |
Mr. Votek has over 20 years of financial and operational
experience with particular expertise in risk management, capital raising,
liability management and regulatory oversight.
Mr. Votek joined the Company in May 2013 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.
 |
| Glenn A. Votek |
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.
For a complete
copy of the company’s news release, please contact:
Annaly Capital
Management, Inc.
Investor Relations,
888-8Annaly
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