In 2022, Wellington J. Denahan-Norris earned $12.52M in total compensation at Annaly Capital Management, including $1.00M salary, $5.98M bonus and $5.53M in stock. Most recently acquired 125,280 shares in Dec 2017. Currently holds stock worth $5.85M. Led Annaly Capital Management as CEO for 9 years.
Compensation History
Annual executive compensation data for Wellington J. Denahan-Norris, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$12.52M
Salary
$1.00M
Bonus
$5.98M
Other
$14.33K
Salary
$1.00MBoard 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
$5.98MBoard 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 Compensation
$14.33KBoard Justification
Includes company-paid group excess liability insurance premiums and 401(k) match.
Restricted Stock
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.
Wellington J. Denahan-Norris
Founder and Ex-CEO of Annaly Capital Management
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
September 22, 1964 - 61 years ago
CEO of Annaly Capital Management for
9 years 3 months (Nov 2012 - Feb 2022)
Previous Experience
Co-founder of Annaly Capital Management, Inc.
Other Annaly Capital Management CEOs
Holdings
Track Wellington J. Denahan-Norris's stock holdings and portfolio value over time.
Insider Trading
Wellington J. Denahan-Norris's recent stock transactions, purchases, and sales filed with the SEC.
$1.50M
NLY at $11.97/share
Dec 7, 2017
Purchase
$1.03M
NLY at $10.33/share
Aug 21, 2015
Purchase
$2.00M
NLY at $10.08/share
May 8, 2015
Purchase
$1.86M
NLY at $10.04/share
May 8, 2015
Purchase
$1.00M
NLY at $11.52/share
Aug 13, 2014
Purchase
$993.24K
NLY at $10.68/share
Nov 8, 2013
Purchase
$2.00M
NLY at $10.98/share
Aug 20, 2013
Purchase
Rivals
Compare Wellington J. Denahan-Norris with competitor CEOs and industry peers.
Phillip J. Kardis II
CEO of Chimera Investment Corp.
2023 Compensation
Stock
$1.68M
Salary
$850.00K
Bonus
$0.00
Other
$19.80K
Total Holdings
$6.47M
Andrew J. Sossen
CEO of Starwood Property Trust
2023 Compensation
Stock
$608.18K
Salary
$425.00K
Bonus
$0.00
Other
$0.00
Total Holdings
$3.26M
Michael Nierenberg
CEO of Rithm Capital
2023 Compensation
Stock
$1.79M
Salary
$1.25M
Bonus
$10.00M
Other
$160.04K
Total Holdings
$3.45M
G. Hunter Haas IV
CEO of Orchid Island Capital
2023 Compensation
Stock
$102.50K
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$551.26K
William Greenberg
CEO of Two Harbors Investment Corporation
2021 Compensation
Stock
$0.00
Salary
$829.12K
Bonus
$0.00
Other
$130.76K
Total Holdings
$4.53M