David Finkelstein is Chief Executive Officer, Co-Chief Investment Officer and Director of Annaly Capital Management Inc. (NLY). The company reported total compensation of $19,270,629 for fiscal year 2025.
| Salary | $1,000,000 |
|---|---|
| Bonus | $8,773,000 |
| Stock awards | $9,483,629 |
| Option awards | $0 |
| Non-equity incentive plan | $0 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $14,000 |
| Total | $19,270,629 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Annaly Capital Management Inc. filed April 30, 2026, accession 0001104659-26-052954.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer, Co-Chief Investment Officer and Director | $1,000,000 | $8,773,000 | $9,483,629 | $0 | $0 | $0 | $14,000 | $19,270,629 |
| FY2024 | Chief Executive Officer, President, Chairman, Chief Investment Officer | $1,000,000 | $0 | $8,328,092 | $0 | $8,483,650 | $0 | $13,800 | $17,825,542 |
| FY2023 | Chief Executive Officer, President, Chairman, Chief Investment Officer | $1,000,000 | $0 | $6,984,000 | $0 | $7,328,100 | $0 | $15,200 | $15,327,300 |
| FY2022 | Chief Executive Officer, President, Chairman, Chief Investment Officer | $1,000,000 | $0 | $7,324,950 | $0 | $5,984,000 | $0 | $14,732 | $14,323,682 |
| FY2021 | Chief Executive Officer and President | $1,000,000 | $6,325,000 | $1,800,001 | $0 | $0 | $0 | $13,763 | $9,138,764 |
| FY2020 | Chief Executive Officer and President | $500,000 | $7,200,000 | $5,000,006 | — | $0 | — | $3,772 | $12,703,778 |
Totals as disclosed in each year's own compensation disclosure for Annaly Capital Management Inc..
| Peer-group chief executive median | $13,833,843 |
|---|---|
| Difference from that median | $5,436,787 |
| Percentile within the disclosed peer group | 85th |
| Peers with a disclosed figure | 20 |
Medians and percentiles are computed across the peer group Annaly Capital Management Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| David Finkelstein this page | Chief Executive Officer, Co-Chief Investment Officer and Director | $19,270,629 |
| Steven Campbell | President and Chief Operating Officer | $7,026,394 |
| Serena Wolfe | Chief Financial Officer | $6,140,309 |
| Anthony Green | Former Chief Corporate Officer, Chief Legal Officer and Secretary | $5,125,087 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Annaly Capital Management Inc. compensation brief.
David Finkelstein's compensation sits inside Annaly Capital Management Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.