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Denahan out as Annaly Capital CEO

  • Annaly Capital's (NYSE:NLY) new CEO will be President Kevin Keyes (he'll retain the president title). Wellington Denahan will remain board chairman and will also serve as executive chairman focusing on strategic and capital allocation decisions.
  • Denehan founded Annaly nearly 20 years ago along with Mike Farrell.
  • Source: Press Release

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Annaly Capital Management, Inc.