---
schema_version: "secwatch.filing_event.v1"
accession: "0000310522-22-000559"
form_type: "8-K"
ticker: "FNMA"
cik: "0000310522"
company_name: "FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE"
filed_at: "2022-09-29T23:59:59+00:00"
generated_at: "2026-06-23T06:50:15.834366+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fannie Mae appoints Priscilla Almodovar as CEO effective Dec 5, 2022; Benson steps down as interim CEO

## Summary
- Priscilla Almodovar appointed CEO and board member; effective December 5, 2022.
- Annual base salary of $600,000; eligible for employee benefits and relocation plan with 18-month retention condition.
- Almodovar previously CEO of Enterprise Community Partners; former managing director at JPMorgan Chase.
- Fannie Mae has business relationships with Enterprise including $150M LIHTC commitments in 2022 and less than $10B in DUS loans serviced by Bellwether.
- David C. Benson steps down as interim CEO but remains President of Fannie Mae.

## SEC filing metadata
- accession: 0000310522-22-000559
- form_type: 8-K
- ticker: FNMA
- cik: 0000310522
- company_name: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- filed_at: 2022-09-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310522/000031052222000559/0000310522-22-000559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310522/000031052222000559/fnm-20220928.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310522-22-000559
- JSON: https://secwatch.observer/filing/0000310522-22-000559.json
- Plain text: https://secwatch.observer/filing/0000310522-22-000559.txt

## Key facts
- Executive change
  Priscilla Almodovar was appointed as Chief Executive Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On September 28, 2022, Fannie Mae (formally, the Federal National Mortgage Association) appointed Priscilla Almodovar as Chief Executive Officer and a member of the Board of Directors of the company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052222000559/0000310522-22-000559-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.