Glenn A. Votek

Glenn Votek's Distinguished Career in Financial Services

Glenn Votek, NACD.DC, has built a distinguished career in the financial services industry, marked by significant leadership roles and major strategic transformations.

Academic Foundation and Contributions to Rutgers Business School

Glenn's journey in finance began with solid academic grounding. He earned his MBA in Finance from Rutgers Business School, a pivotal step that prepared him for his future roles in top-tier financial organizations. His connection with Rutgers Business School remains strong, as he often returns as a guest lecturer to share his expertise on mergers and acquisitions (M&A) and corporate finance.

Transformative Leadership at Annaly Capital Management

Throughout his career, Glenn has demonstrated a knack for driving impactful change. From 2013 to 2019, he served as the CFO of Annaly Capital Management, a $100 billion financial organization. In this role, Glenn led transformational initiatives, including restructuring the management and governance framework, and enhancing the enterprise risk framework. He also spearheaded the development of the company's financial and IT infrastructure. His proficiency and leadership were further recognized when he stepped in as the Interim CEO and President of Annaly Capital Management from 2019 to 2020.

Key Contributions at CIT Group

Before his tenure at Annaly, Glenn contributed notably to CIT Group. As the Executive Vice President and Treasurer, and also as the President of its consumer finance business, he played a key role in CIT Group's IPO and its transition into a bank holding company. This involved close collaboration with federal regulatory bodies and was a significant milestone in his career, underscored by his participation in the largest management buyout (MBO) in financial services history, a deal that earned "deal of the year" accolades from Institutional Investor.

Board Memberships and Leadership Roles

In addition to his executive roles, Glenn has been an active and influential board member. Currently, he serves on the board of Annaly Capital Management, where he contributes to the Risk Committee and the Corporate Responsibility Committee. His board memberships extend to the NACD NJ Chapter, where he is part of the Executive Committee and chairs the Sponsors Committee. He has also served as the Board Chair of CIT Bank and as the Lead Finance Director for the Hunterdon County YMCA.

Commitment to Corporate Governance and Risk Management

Glenn's commitment to corporate governance and risk management is further evidenced by his certifications. He holds the NACD Directorship Certification®, NACD CERT Certificate in Cyber-Risk Oversight, and the Diligent Climate Leadership Certification. These credentials underscore his dedication to staying at the forefront of best practices in corporate governance.

Mentorship and Community Engagement

Beyond his corporate responsibilities, Glenn is committed to mentoring the next generation. He actively engages with American Corporate Partners, mentoring students and military veterans transitioning to civilian careers.

Conclusion

Glenn Votek's career is characterized by strategic transformation, strong leadership in financial roles, and a commitment to governance and mentorship, making him a respected figure in the financial services industry.