Wellington denahan biography

Wellington Denahan-Norris biography.
According to Keyes' bio on Annaly's site, he has more than 20 years of capital markets and investment banking experience.
In October 2012, co-founder Wellington Denahan became CEO after Michael Farrell was diagnosed with cancer; Farrell died that month.

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Weekly Executive & Director Moves (Mar 24)

Boardroom Alpha provides in-depth analytics and tracking of all public company executives and officers. Below is a rundown of people moves made at notable companies this past week. Get a demo today to see how you can receive real-time alerts and in-depth analytics.

Moves in this Issue

CEO

BXC, CALC, CTOS, DWAC, EVOP, FEAM, MLP, PTCT, SMLR

CFO

AFCG, AIN, AKYA, BOKF, CALC, ISPO, MKL, MSGM, PHR, PZZA, SEE, TCMD, TRUP

Directors

ACAH, ACFN, AIR, AKTS, AMNB, APEI, ATUS, BXC, CALC, CIR, CONN, CSGS, DBTX, DRRX, ENLC, EVOP, FDS, FLT, FWRG, GLUE, GMDA, IAA, IE, INGN, ISO, JOBY, KAVL, KOP, LOCL, M, MAA, MAIN, MLP, NEWH, ODC, ORI, PAYO, PCRX, PECO, PTCT, RBA, RCL, RHP, SES, SHYF, SPG, SST, UEC, VMEO, VNDA, VOYA, WW, WWW, ZURA

CEO Moves

5E ADVANCED MATERIALS INC (FEAM)
Leaving: CEO – Anthony J Hall ( .4 yrs; )
Replaced by: Susan Brennan

Ms. Brennan, age 60, has served as the President of Susan Brennan Leadership, LLC, a consulting firm that advises companies in the energy, automotive, and technology in

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The co-founder, chairman and chief executive officer of the nation’s largest mortgage real estate investment trust, Annaly Capital Management (NLY), is stepping down as CEO.

Wellington Denahan, who helped to found Annaly in 1994, is stepping down as CEO, the REIT announced Monday.

Denahan will remain as chairman of the board of directors and will also serve as executive chairman of the company, and will shift her focus to strategic and capital allocation decisions.

Kevin Keyes, who previously served as Annaly’s president, will be elevated to CEO.

Keyes will retain the president title as well.

“I’m very proud to have co-founded a company that has grown to become the largest mortgage REIT in the world while delivering competitive returns through a wide range of market conditions,” Denahan said.

“I look forward to continuing to work with Kevin and the team as we navigate the opportunities ahead,” Denahan added.

According to Keyes’ bio on Annaly’s website, he has more than 20 years of capital markets and in

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ENHANCEMENTS WE MADE TO OUR CORPORATE GOVERNANCE FRAMEWORK TO BOLSTER THE LONG-TERM SUCCESS OF THE COMPANY

In reflecting on the strategic evolution and direction of our businesses, our Board simultaneously applied a similar lens to its own current and future composition. In consideration of the retirement of our co-founder Wellington J. Denahan from the Board last May, and as part of our longer-term Board succession planning process, the Board appointed three exceptional new Directors to its ranks in 2023. The additions of Manon Laroche, Martin Laguerre and Scott Wede ensure that our Board’s overall balance of skills and experiences will be uniquely situated to support Annaly’s continued success for years to come.

As the first new Directors to be added to our Board since the height of the COVID-19 pandemic, management and the Board worked collaboratively to develop an enhanced in-person Director onboarding, which included personal briefings with tailored educational materials presented by executive officers and other senior business and functional leaders coveri