---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-030082"
form_type: "8-K"
ticker: "NLY"
cik: "0001043219"
company_name: "ANNALY CAPITAL MANAGEMENT INC"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:14:23.498147+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Annaly Capital Management CIO Ilker Ertas departs; CEO Finkelstein reassumes role

## Summary
- Ilker Ertas leaves his position as Chief Investment Officer effective immediately on Nov 16, 2022.
- CEO & President David Finkelstein will reassume the CIO role; he previously held it from Nov 2016 to Dec 2021.
- No reason for departure provided; the announcement was made via 8-K filing Item 5.02.

## SEC filing metadata
- accession: 0001628280-22-030082
- form_type: 8-K
- ticker: NLY
- cik: 0001043219
- company_name: ANNALY CAPITAL MANAGEMENT INC
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043219/000162828022030082/0001628280-22-030082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043219/000162828022030082/nly-20221114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-030082
- JSON: https://secwatch.observer/filing/0001628280-22-030082.json
- Plain text: https://secwatch.observer/filing/0001628280-22-030082.txt

## Key facts
- Executive change
  Ilker Ertas departed as Chief Investment Officer at ANNALY CAPITAL MANAGEMENT INC.
  - Action: departure
  - Role: Chief Investment Officer
  source text: On November 16, 2022, Annaly Capital Management, Inc. (the “Company”) announced the departure of Ilker Ertas from his position as Chief Investment Officer of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043219/000162828022030082/0001628280-22-030082-index.htm
- Executive change
  David Finkelstein changed role as Chief Investment Officer at ANNALY CAPITAL MANAGEMENT INC.
  - Action: re-assume
  - Role: Chief Investment Officer
  source text: David Finkelstein, the Company’s Chief Executive Officer and President, will re-assume the Chief Investment Officer position upon Mr. Ertas’s departure.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043219/000162828022030082/0001628280-22-030082-index.htm

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