NLY » Topics » Compensation Committee

This excerpt taken from the NLY DEF 14A filed Mar 31, 2008.
Compensation Committee

     We have a standing compensation committee. The members of our compensation committee are Jonathan D. Green, Donnell A. Segalas and E. Wayne Nordberg, each of whom is an independent director within the meaning of the rules of the New York Stock Exchange. The compensation committee administers our Long-Term Stock Incentive Plan, or Incentive Plan, and recommends changes to the Incentive Plan to our board of directors when appropriate. The compensation committee also administers our Executive Performance Plan. The compensation committee also approves compensation for our officers. For additional information on the compensation committee, please see “Compensation Committee Report” below.

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This excerpt taken from the NLY DEF 14A filed Apr 9, 2007.
Compensation Committee

          We have a standing compensation committee. The members of our compensation committee are Jonathan D. Green and Donnell A. Segalas, each of whom is an independent director within the meaning of the rules of the New York Stock Exchange. The compensation committee administers our Long-Term Stock Incentive Plan, or Incentive Plan, and recommends changes to the Incentive Plan to our board of directors when appropriate. The compensation committee also administers our Executive Performance Plan. The compensation committee also approves compensation for our officers. For additional information on the compensation committee, please see “Compensation Committee Report” below.

          

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