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Annaly Capital Management, Inc. Announces Promotions And Additions To Management Team

Annaly Capital Management, Inc. (NYSE: NLY) (Annaly) today announced a series of updates on its recent initiatives to broaden and strengthen its management team. “We are always focused on developing our people while looking to attract experienced talent from the marketplace,” said Wellington Denahan, Annaly’s Chief Executive Officer.

“Over the past year we’ve been very successful in continuing to develop and enhance our respective teams,” commented Kevin Keyes, Annaly’s President. “We’ve made significant additions in our core businesses and continue to ensure that our corporate infrastructure, including our finance, technology and risk management groups, are structured appropriately for the company’s future growth.”

Agency Investments Team Enhancements

Annaly has recently added David Finkelstein as a Managing Director to its Agency portfolio team. Mr. Finkelstein joins Annaly from the Federal Reserve Bank of New York, Markets Group. He has over 18 years of industry experience, including holding senior trading positions in the Agency MBS groups of Barclays and Citigroup. Mr. Finkelstein has a B.A. from the University of Washington and an M.B.A. from the University of Chicago Graduate School of Business.

In addition, long time Annaly veteran Nancy Murtha has been promoted to Managing Director of Annaly’s Agency portfolio team where she will undertake an expanded leadership role.

Annaly is also proud to announce that Jessica LaScala has joined as a Director in its Agency portfolio team. Ms. LaScala joins Annaly from the Federal Reserve Bank of New York. Prior to the Federal Reserve Bank of New York, Ms. LaScala worked at Citigroup for over 10 years on its Agency MBS trading desk. Ms. LaScala has a B.A. from Columbia University, Barnard College.

Expansion of Commercial Real Estate Origination Team

As part of Annaly’s expansion of its commercial real estate platform, Michael Quinn has joined Annaly to serve as Head of Equity Commercial Real Estate Investment. Mr. Quinn has over 20 years of experience in commercial real estate, including serving as a Managing Director of Morgan Stanley with senior investment responsibilities for the Morgan Stanley Real Estate Investment funds. Mr. Quinn has a B.B.A. from the University of Notre Dame.

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