---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-041753"
form_type: "8-K"
ticker: "NLY"
cik: "0001043219"
company_name: "ANNALY CAPITAL MANAGEMENT INC"
filed_at: "2022-02-14T23:59:59+00:00"
generated_at: "2026-06-27T08:16:10.818293+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Annaly Capital Chief Credit Officer Timothy Coffey departs Feb 14, 2022

## Summary
- Timothy P. Coffey stepped down as Chief Credit Officer effective Feb 14, 2022, by mutual agreement.
- Coffey will receive severance under the Executive Severance Plan and continued equity vesting, subject to release.
- No replacement announced; duties likely reassigned internally.

## SEC filing metadata
- accession: 0001193125-22-041753
- form_type: 8-K
- ticker: NLY
- cik: 0001043219
- company_name: ANNALY CAPITAL MANAGEMENT INC
- filed_at: 2022-02-14T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043219/000119312522041753/0001193125-22-041753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043219/000119312522041753/d282045d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-041753
- JSON: https://secwatch.observer/filing/0001193125-22-041753.json
- Plain text: https://secwatch.observer/filing/0001193125-22-041753.txt

## Key facts
- Executive change
  Timothy P. Coffey departed as Chief Credit Officer at ANNALY CAPITAL MANAGEMENT INC.
  - Action: stepped down
  - Role: Chief Credit Officer
  source text: On February 14, 2022, Annaly Capital Management, Inc. (the “Company”) and Timothy P. Coffey mutually agreed that Mr. Coffey will step down from his position as Chief Credit Officer of the Company and separate from employment with the Company, effective February 14, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043219/000119312522041753/0001193125-22-041753-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.