{"id":740467,"date":"2023-03-15T16:30:58","date_gmt":"2023-03-15T20:30:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/annaly-capital-management-inc-expands-board-with-election-of-martin-laguerre\/"},"modified":"2023-03-15T16:30:58","modified_gmt":"2023-03-15T20:30:58","slug":"annaly-capital-management-inc-expands-board-with-election-of-martin-laguerre","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/annaly-capital-management-inc-expands-board-with-election-of-martin-laguerre\/","title":{"rendered":"Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAnnaly Capital Management, Inc. (NYSE: NLY) (\u201cAnnaly\u201d or the \u201cCompany\u201d) announced today that the Board of Directors of the Company (the \u201cBoard\u201d) has elected Martin Laguerre, Senior Advisor at Warburg Pincus, as an independent member of the Board, effective March 13, 2023.\n<\/p>\n<p>\n\u201cWe are thrilled to appoint Martin to our Board and as a member of our Audit and Corporate Responsibility Committees,\u201d said Michael Haylon, Chair of Annaly\u2019s Board of Directors. \u201cWith his more than 25-year career in financial services, Martin brings extensive investment, financial and leadership expertise that will help further our strategic priorities across the housing finance market. We look forward to working with Martin and benefitting from his unique background and perspectives.\u201d\n<\/p>\n<p>\n\u201cAs the largest mortgage REIT, Annaly has distinguished itself as a leading source of private capital in the U.S. housing market, and I am delighted to work with the Board and management team to enhance the Company\u2019s position in the residential mortgage sector,\u201d said Mr. Laguerre. \u201cI look forward to leveraging my experience and network to continue delivering durable value to our shareholders and the communities we serve.\u201d\n<\/p>\n<p>\nMr. Laguerre has served as a Senior Advisor working with the Capital Solutions, Financial Services and Business Services groups at Warburg Pincus since February 2023. From 2019 to 2022, Mr. Laguerre served as Executive Vice President and Global Head of Private Equity and Managing Director of Capital Solutions at Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec (\u201cCDPQ\u201d), a Canadian pension fund. From 2016 to 2019, Mr. Laguerre was a Senior Principal at CPP Investment Board (formerly CPPIB), a Canadian pension fund. From 2010 to 2016, Mr. Laguerre was Managing Director at General Electric Power &amp; Water, where he was involved in the firm&#8217;s mergers and acquisitions and integration strategy for renewable energy. Prior to joining General Electric, Mr. Laguerre held various corporate roles at IPG Photonics Corporation, a U.S. manufacturer of fiber lasers, and at DLJ, Credit Suisse, and Lehman Brothers Investment Banking in New York.\n<\/p>\n<p>\nSince January 2023, Mr. Laguerre has served as an independent board member of BGC Partners, Inc., a leading global brokerage and financial technology company. Representing CDPQ, Mr. Laguerre previously served as a board member of Sagen MI Canada, a Canadian mortgage insurance provider. Representing CPP Investment Board, Mr. Laguerre previously served as a board member of Cordelio Power Inc., a North American renewable energy operating company, Auren Energia SA (formerly Votorantim Energia), a Brazilian renewable energy holding company, and a joint venture in select North American onshore renewable power assets of Enbridge Inc.\n<\/p>\n<p>\nMr. Laguerre has been a CFA Charterholder from the CFA Institute since 2000. Mr. Laguerre holds a Bachelor of Commerce from McGill University, and an MBA from the University of Chicago&#8217;s Booth School of Business. He is a Desautels&#8217; Global Expert at McGill University&#8217;s Desautels Faculty of Management.\n<\/p>\n<p>\nMr. Laguerre will stand for re-election to the Board at the Company\u2019s 2023 Annual Meeting of Stockholders for a term of one year. Mr. Laguerre has been appointed to the Board\u2019s Audit and Corporate Responsibility Committees.\n<\/p>\n<p><b>About Annaly<\/b><\/p>\n<p>\nAnnaly is a leading diversified capital manager with investment strategies across mortgage finance. Annaly\u2019s principal business objective is to generate net income for distribution to its stockholders and to optimize its returns through prudent management of its diversified investment strategies. Annaly is internally managed and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Additional information on the company can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.annaly.com&amp;esheet=53362753&amp;newsitemid=20230315005817&amp;lan=en-US&amp;anchor=www.annaly.com&amp;index=1&amp;md5=7287af0308cb8bb1e2a66585de121af0\">www.annaly.com<\/a>.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis news release and our public documents to which we refer contain or incorporate by reference certain forward-looking statements which are based on various assumptions (some of which are beyond our control) and may be identified by reference to a future period or periods or by the use of forward-looking terminology, such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201ccontinue,\u201d or similar terms or variations on those terms or the negative of those terms. Actual results could differ materially from those set forth in forward-looking statements due to a variety of factors, including, but not limited to, changes in interest rates; changes in the yield curve; changes in prepayment rates; the availability of mortgage-backed securities and other securities for purchase; the availability of financing and, if available, the terms of any financing; changes in the market value of our assets; changes in business conditions and the general economy; our ability to grow our residential credit business; our ability to grow our mortgage servicing rights business; credit risks related to our investments in credit risk transfer securities and residential mortgage-backed securities and related residential mortgage credit assets; risks related to investments in mortgage servicing rights; the our ability to consummate any contemplated investment opportunities; changes in government regulations or policy affecting our business; our ability to maintain our qualification as a REIT for U.S. federal income tax purposes; our ability to maintain our exemption from registration under the Investment Company Act of 1940; operational risks or risk management failures by us or critical third parties, including cybersecurity incidents; and risks and uncertainties related to the COVID-19 pandemic, including as related to adverse economic conditions on real estate-related assets and financing conditions. For a discussion of the risks and uncertainties which could cause actual results to differ from those contained in the forward-looking statements, see \u201cRisk Factors\u201d in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230315005817r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230315005817\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230315005817\/en\/<\/a><\/span><\/p>\n<p>\nAnnaly Capital Management, Inc.<br \/>\n<br \/>Investor Relations<br \/>\n<br \/>1-888-8Annaly<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investor@annaly.com\">investor@annaly.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> REIT Finance Banking Professional Services Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230315005817\/en\/727485\/3\/Annaly_Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre NEW YORK&#8211;(BUSINESS WIRE)&#8211; Annaly Capital Management, Inc. (NYSE: NLY) (\u201cAnnaly\u201d or the \u201cCompany\u201d) announced today that the Board of Directors of the Company (the \u201cBoard\u201d) has elected Martin Laguerre, Senior Advisor at Warburg Pincus, as an independent member of the Board, effective March 13, 2023. \u201cWe are thrilled to appoint Martin to our Board and as a member of our Audit and Corporate Responsibility Committees,\u201d said Michael Haylon, Chair of Annaly\u2019s Board of Directors. \u201cWith his more than 25-year career in financial services, Martin brings extensive investment, financial and leadership expertise that will help further our strategic priorities across the housing finance market. We look forward to working with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/annaly-capital-management-inc-expands-board-with-election-of-martin-laguerre\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-740467","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/annaly-capital-management-inc-expands-board-with-election-of-martin-laguerre\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre NEW YORK&#8211;(BUSINESS WIRE)&#8211; Annaly Capital Management, Inc. (NYSE: NLY) (\u201cAnnaly\u201d or the \u201cCompany\u201d) announced today that the Board of Directors of the Company (the \u201cBoard\u201d) has elected Martin Laguerre, Senior Advisor at Warburg Pincus, as an independent member of the Board, effective March 13, 2023. \u201cWe are thrilled to appoint Martin to our Board and as a member of our Audit and Corporate Responsibility Committees,\u201d said Michael Haylon, Chair of Annaly\u2019s Board of Directors. \u201cWith his more than 25-year career in financial services, Martin brings extensive investment, financial and leadership expertise that will help further our strategic priorities across the housing finance market. We look forward to working with &hellip; Continue reading &quot;Annaly Capital Management, Inc. 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Expands Board with Election of Martin Laguerre - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/annaly-capital-management-inc-expands-board-with-election-of-martin-laguerre\/","og_locale":"en_US","og_type":"article","og_title":"Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre - Market Newsdesk","og_description":"Annaly Capital Management, Inc. Expands Board with Election of Martin Laguerre NEW YORK&#8211;(BUSINESS WIRE)&#8211; Annaly Capital Management, Inc. (NYSE: NLY) (\u201cAnnaly\u201d or the \u201cCompany\u201d) announced today that the Board of Directors of the Company (the \u201cBoard\u201d) has elected Martin Laguerre, Senior Advisor at Warburg Pincus, as an independent member of the Board, effective March 13, 2023. \u201cWe are thrilled to appoint Martin to our Board and as a member of our Audit and Corporate Responsibility Committees,\u201d said Michael Haylon, Chair of Annaly\u2019s Board of Directors. \u201cWith his more than 25-year career in financial services, Martin brings extensive investment, financial and leadership expertise that will help further our strategic priorities across the housing finance market. We look forward to working with &hellip; Continue reading \"Annaly Capital Management, Inc. 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