Annaly Capital Management CEO Michael Farrell receives $7.5M in 2006
Annaly Capital Management reports 2006 executive compensation
By ExecPay News
Published: April 9, 2007
Annaly Capital Management reported fiscal year 2006 executive compensation information on April 9, 2007.
In 2006, five executives at Annaly Capital Management received on average a compensation package of $3.9M.
Michael A.J. Farrell, Chief Executive Officer, received $7.5M in total. 64% of Farrell's compensation, or $4.8M, was in bonus. Farrell also received $302K in option awards, $2.4M in salary, as well as $167 in other compensation.
Wellington J. Denahan-Norris, Chief Operating Officer, received a compensation package of $6.1M. 63% of the compensation package, or $3.9M, was in bonus.
Kathryn F. Fagan, Chief Financial Officer, earned $3M in 2006.
James P. Fortescue, Executive Vice President and Head of Liabilities, received $1.5M in 2006.
Kristopher R. Konrad, Executive Vice President and Co, Head Portfolio Management, earned $1.5M in 2006.
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