Annaly Capital Management, Inc. Announces Steven F. Campbell Appointed as President
15 Décembre 2022 - 10:15PM
Business Wire
Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the
“Company”) today announced that the Board of Directors has
appointed Steven F. Campbell, the Company’s Chief Operating
Officer, to the additional office of President, effective
immediately.
As President and Chief Operating Officer, Mr. Campbell will
continue to report to David Finkelstein, the Company’s Chief
Executive Officer and Chief Investment Officer, who previously held
the role of President since March 2020. Mr. Campbell will continue
to work closely with the executive team to help oversee Annaly’s
overall strategy, operations and risk management.
Mr. Campbell joined the Company in April 2015 and has served as
Chief Operating Officer since July 2020. He has over 25 years of
experience in financial services. Prior to joining Annaly, Mr.
Campbell held various roles over six years at Fortress Investment
Group LLC, including serving as Managing Director in the Credit
Funds business. Mr. Campbell also worked at General Electric
Capital Corporation and D.B. Zwirn & Co., L.P. Mr. Campbell
received a B.B.A. from the University of Notre Dame and a M.B.A.
from the University of Chicago, Booth School of Business.
David Finkelstein commented: “We are excited to announce Steve’s
elevation to President, which demonstrates the depth, expertise and
contributions of our senior leadership team and enhances Annaly’s
positioning as the leading residential mortgage REIT. Steve has
been instrumental to Annaly’s success throughout his tenure, and I
am confident he will continue to strengthen Annaly’s investment and
operational capabilities as we execute on our strategic
priorities.”
Steven F. Campbell stated: “I am grateful to David and the Board
for appointing me as President and I look forward to continuing to
help shape Annaly’s strategy as we further our footprint across the
housing finance space. I am proud of the achievements we have made
in transforming the Company in recent years and remain confident
that Annaly is well-positioned to capitalize on the opportunities
that lie ahead.”
About Annaly
Annaly is a leading diversified capital manager with investment
strategies across mortgage finance. Annaly’s principal business
objective is to generate net income for distribution to its
stockholders and to optimize its returns through prudent management
of its diversified investment strategies. Annaly is internally
managed and has elected to be taxed as a real estate investment
trust, or REIT, for federal income tax purposes. Additional
information on the company can be found at www.annaly.com.
Forward-Looking Statements
This news release and our public documents to which we refer
contain or incorporate by reference certain forward-looking
statements which are based on various assumptions (some of which
are beyond our control) and may be identified by reference to a
future period or periods or by the use of forward-looking
terminology, such as “may,” “will,” “should,” “estimate,”
“project,” “believe,” “expect,” “anticipate,” “continue,” or
similar terms or variations on those terms or the negative of those
terms. Actual results could differ materially from those set forth
in forward-looking statements due to a variety of factors,
including, but not limited to, risks and uncertainties related to
the COVID-19 pandemic, including as related to adverse economic
conditions on real estate-related assets and financing conditions
(and our outlook for our business in light of these conditions,
which is uncertain); changes in interest rates; changes in the
yield curve; changes in prepayment rates; the availability of
mortgage-backed securities and other securities for purchase; the
availability of financing and, if available, the terms of any
financing; changes in the market value of our assets; changes in
business conditions and the general economy; operational risks or
risk management failures by us or critical third parties, including
cybersecurity incidents; our ability to grow our residential credit
business; credit risks related to our investments in credit risk
transfer securities, residential mortgage-backed securities, and
related residential mortgage credit assets; risks related to
investments in mortgage servicing rights; our ability to consummate
any contemplated investment opportunities; changes in government
regulations or policy affecting our business; our ability to
maintain our qualification as a REIT for U.S. federal income tax
purposes; and our ability to maintain our exemption from
registration under the Investment Company Act. For a discussion of
the risks and uncertainties which could cause actual results to
differ from those contained in the forward-looking statements, see
“Risk Factors” in our most recent Annual Report on Form 10-K and
any subsequent Quarterly Reports on Form 10-Q. The Company does not
undertake, and specifically disclaims any obligation, to publicly
release the result of any revisions which may be made to any
forward-looking statements to reflect the occurrence of anticipated
or unanticipated events or circumstances after the date of such
statements, except as required by law.
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Annaly Capital Management, Inc. Investor Relations 1-888-8Annaly
investor@annaly.com
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