Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre
15 Mars 2023 - 9:15PM
Business Wire
Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the
“Company”) announced today that the Board of Directors of the
Company (the “Board”) has elected Martin Laguerre, Senior Advisor
at Warburg Pincus, as an independent member of the Board, effective
March 13, 2023.
“We are thrilled to appoint Martin to our Board and as a member
of our Audit and Corporate Responsibility Committees,” said Michael
Haylon, Chair of Annaly’s Board of Directors. “With his more than
25-year career in financial services, Martin brings extensive
investment, financial and leadership expertise that will help
further our strategic priorities across the housing finance market.
We look forward to working with Martin and benefitting from his
unique background and perspectives.”
“As the largest mortgage REIT, Annaly has distinguished itself
as a leading source of private capital in the U.S. housing market,
and I am delighted to work with the Board and management team to
enhance the Company’s position in the residential mortgage sector,”
said Mr. Laguerre. “I look forward to leveraging my experience and
network to continue delivering durable value to our shareholders
and the communities we serve.”
Mr. Laguerre has served as a Senior Advisor working with the
Capital Solutions, Financial Services and Business Services groups
at Warburg Pincus since February 2023. From 2019 to 2022, Mr.
Laguerre served as Executive Vice President and Global Head of
Private Equity and Managing Director of Capital Solutions at Caisse
de dépôt et placement du Québec (“CDPQ”), a Canadian pension fund.
From 2016 to 2019, Mr. Laguerre was a Senior Principal at CPP
Investment Board (formerly CPPIB), a Canadian pension fund. From
2010 to 2016, Mr. Laguerre was Managing Director at General
Electric Power & Water, where he was involved in the firm's
mergers and acquisitions and integration strategy for renewable
energy. Prior to joining General Electric, Mr. Laguerre held
various corporate roles at IPG Photonics Corporation, a U.S.
manufacturer of fiber lasers, and at DLJ, Credit Suisse, and Lehman
Brothers Investment Banking in New York.
Since January 2023, Mr. Laguerre has served as an independent
board member of BGC Partners, Inc., a leading global brokerage and
financial technology company. Representing CDPQ, Mr. Laguerre
previously served as a board member of Sagen MI Canada, a Canadian
mortgage insurance provider. Representing CPP Investment Board, Mr.
Laguerre previously served as a board member of Cordelio Power
Inc., a North American renewable energy operating company, Auren
Energia SA (formerly Votorantim Energia), a Brazilian renewable
energy holding company, and a joint venture in select North
American onshore renewable power assets of Enbridge Inc.
Mr. Laguerre has been a CFA Charterholder from the CFA Institute
since 2000. Mr. Laguerre holds a Bachelor of Commerce from McGill
University, and an MBA from the University of Chicago's Booth
School of Business. He is a Desautels' Global Expert at McGill
University's Desautels Faculty of Management.
Mr. Laguerre will stand for re-election to the Board at the
Company’s 2023 Annual Meeting of Stockholders for a term of one
year. Mr. Laguerre has been appointed to the Board’s Audit and
Corporate Responsibility Committees.
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, 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; our ability to grow
our residential credit business; our ability to grow our mortgage
servicing rights business; credit risks related to our investments
in credit risk transfer securities and residential mortgage-backed
securities and related residential mortgage credit assets; risks
related to investments in mortgage servicing rights; the 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; our ability to maintain our exemption
from registration under the Investment Company Act of 1940;
operational risks or risk management failures by us or critical
third parties, including cybersecurity incidents; and risks and
uncertainties related to the COVID-19 pandemic, including as
related to adverse economic conditions on real estate-related
assets and financing conditions. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230315005817/en/
Annaly Capital Management, Inc. Investor Relations 1-888-8Annaly
investor@annaly.com
Annaly Capital Management (NYSE:NLY)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Annaly Capital Management (NYSE:NLY)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024