Tuesday, November 6, 2012

Annaly Capital Management Announces Management Promotions and Board Positions



Wellington J. Denahan-Norris
 NEW YORK--(BUSINESS WIRE)-- Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) today announced that its Board of Directors has appointed Wellington J. Denahan-Norris as Chairman of the Board and Chief Executive Officer of the Company.

Ms. Denahan-Norris co-founded the Company with Michael A.J. Farrell in 1996 and has served as Vice Chairman of the Board since that time. Prior to becoming Co-Chief Executive Officer on October 8, 2012, Ms. Denahan-Norris was Chief Operating Officer and Chief Investment Officer of the Company.


Rose-Marie Lyght
The Board has also appointed Kevin G. Keyes to serve as a member of the Annaly Board of Directors, Rose-Marie Lyght to serve as Co-Chief Investment Officer of the Company and Kristopher Konrad to serve as Co-Chief Investment Officer of the Company.

Mr. Keyes was appointed President of the Company on October 8, 2012. Mr. Keyes was previously Chief Strategy Officer, Head of Capital Markets and Managing Director of the Company. Mr. Keyes joined the Company in September 2009 following a 20 year career in both Investment Banking and Capital Markets, most recently serving in various senior roles at Bank of America Merrill Lynch.

Kristopher Konrad
Ms. Lyght was previously a Managing Director of the Company and Chief Investment Officer of Fixed Income Discount Advisory Company, a wholly owned subsidiary of the Company. Ms. Lyght was employed by the Company in April 1999.

Mr. Konrad was previously a Managing Director and Head Portfolio Manager of the Company. Mr. Konrad was employed by the Company in October 1997.

For a complete copy of the company’s news release, please contact:

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

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