David L. Finkelstein has been the CEO and Chief Investment Officer of Annaly Capital Management, Inc. since March 2020. He has a strong background in finance with over 25 years of experience specifically in fixed income investments. Before his current...
David L. Finkelstein has been the CEO and Chief Investment Officer of Annaly Capital Management, Inc. since March 2020. He has a strong background in finance with over 25 years of experience specifically in fixed income investments. Before his current roles, he worked extensively in various positions at the Federal Reserve Bank of New York, where he was a key strategist for the Mortgage-Backed Securities (MBS) purchase program. Under his leadership, Annaly reported a remarkable economic return of 6.0% in 2023, showcasing solid performance during his tenure. Finkelstein's approach to compensation emphasizes performance, which aligns with the interests of shareholders. His total compensation reached $15.3 million for the year 2023, indicating his role in driving company success. Additionally, he has made significant insider transactions, showing confidence in the company's stock, with several months reporting trades valued over $9 million. With a focus on delivering yield to stockholders, he aims to enhance the company's position in the housing finance market, having helped raise over $2.7 billion in equity during the last couple of years. Finkelstein holds degrees from the University of Washington and the University of Chicago. He's known for engaging with stockholders and integrating their feedback into company strategies, particularly regarding corporate responsibility and governance initiatives.