Michael E. Haylon occupies the position of Chairman of Annaly Capital Management, Inc. In the past he occupied the position of Chief Information Officer & Executive VP of Phoenix Capital, Inc., Managing Director at Aetna Bond Investors, Chief Financial Officer & Executive Vice President of Duff & Phelps Utility & Corporate Bond Trust, Inc., Chief Financial Officer at Virtus Investment Advisers, Inc., Chief Financial Officer & Executive Vice President for PHL Variable Insurance Co., Chief Financial Officer & Chief Accounting Officer at The Nassau Cos. of New York, Inc., Chief Financial Officer for Nassau Life Insurance Co., Senior Financial Analyst at The Travelers Insurance Co., Executive Vice President of Phoenix Investment Partners Ltd., Head-Investment Product Management at New England Asset Management, Inc., Senior Vice President-Fixed Income at Phoenix Home Life Insurance Co., Managing Director & Head-Investment Products at Conning & Co. and Analyst at Travelers Investment Management Co. He received an MBA from the University of Connecticut and an undergraduate degree from Bowdoin College.