secwatch.observer — SEC 8-K summary
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Issuer:     ANNALY CAPITAL MANAGEMENT INC (NLY)
CIK:        0001043219
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001628280-23-004568
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Annaly co-founder Wellington J. Denahan to retire from Board after 25+ years
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- Wellington J. Denahan, co-founder, will retire as Vice Chair, Risk Committee Chair, and Director effective at end of 2023 Annual Meeting.
- Denahan's retirement is not due to any disagreement with the Company or management.
- Denahan has served since 1996; under her leadership, Annaly delivered over $24B in dividends and 700% total shareholder return since IPO.
- No replacement named; retirement effective upon conclusion of 2023 Annual Meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043219/000162828023004568/0001628280-23-004568-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043219/000162828023004568/nly-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-004568

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer