Wellington J. Denahan-Norris is a key figure in finance, serving as the co-founder and former CEO of Annaly Capital Management, a major player in the mortgage finance sector since 1996. Born on September 22, 1964, she has been with the...

Current Market Cap

$9.90B

Number of Employees

187

Total Compensation

2018 - 2022

Trending up by 8537.34% last year
Showing total compensation for the last 2018 - 2022

Stock

Up by 0.00% last year

Salary

Up by 589.66% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2022

Total Compensation

$12.52M

Salary

$1.00M

Board Justification

The compensation philosophy seeks to align the interests of executives with those of stockholders, focusing on performance-based pay and long-term value creation.

Bonus

$5.98M

Board Justification

The bonus is based on the company's performance metrics and individual contributions, with a final multiplier of 95% applied to the target value due to stock market performance.

Other

$14.33K

Board Justification

Includes company-paid group excess liability insurance premiums and 401(k) match.

Restricted Stock

$5.53M(247.1K RSU)

Board Justification

The stock that vested in 2022 includes previously granted RSUs, which are based on continued service and performance metrics.

Performance Metrics

The performance metrics include both financial and non-financial goals, with a focus on tangible economic return and operating efficiency.

SEC Filing

From April 5, 2023

Wellington J. Denahan-Norris

Founder and Ex-CEO of Annaly Capital Management

WJ

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

September 22, 1964 - 60 years ago

Is Founder?

Yes

Tenure

9 years 3 months (Nov 2012 - Feb 2022)

Previous Experience

Co-founder of Annaly Capital Management, Inc.

View Holdings

Insider Holdings of Wellington J. Denahan-Norris

NLY

$9.31M

$309.93K (3.44%)

Last Insider Trade

NLY

$1.50M

NLY at $11.97/share

Dec 7, 2017

Purchase