secwatch / observer
8-K filed November 14, 2023, 6:59 PM ET ticker FNMA CIK 0000310522
leadership confidence high sentiment neutral materiality 0.50

Fannie Mae CEO Almodovar to also serve as President; CAO and GC changes

FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Priscilla Almodovar

President
FNMA · FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
Filed
November 14, 2023, 6:59 PM ET
On November 14, 2023, Fannie Mae’s Board of Directors appointed Priscilla Almodovar, Fannie Mae’s Chief Executive Officer, age 56, as President in addition to her role as Chief Executive Officer.
Role change

Stergios "Terry" Theologides

Executive Vice President and Chief Administrative Officer
FNMA · FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
Successor
Danielle McCoy
Filed
November 14, 2023, 6:59 PM ET
Fannie Mae’s Board of Directors appointed Stergios “Terry” Theologides, Fannie Mae’s current Executive Vice President, General Counsel, and Corporate Secretary, to succeed Mr. Hayward as Executive Vice President and Chief Administrative Officer, effective the day following Mr. Hayward’s departure.
Departed

David C. Benson

President
FNMA · FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
Successor
Priscilla Almodovar
Filed
November 14, 2023, 6:59 PM ET
On November 9, 2023, David C. Benson, President of Fannie Mae (formally, the Federal National Mortgage Association), notified Fannie Mae that he intends to retire in early-to-mid 2024.
Appointed

Danielle McCoy

General Counsel and Corporate Secretary
FNMA · FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
Filed
November 14, 2023, 6:59 PM ET
The Board also appointed Danielle McCoy, Fannie Mae’s Senior Vice President, Deputy General Counsel and Deputy Corporate Secretary, to succeed Mr. Theologides as General Counsel and Corporate Secretary, effective upon Mr. Theologides assuming the role of Chief Administrative Officer.
Departed

Jeffery R. Hayward

Executive Vice President and Chief Administrative Officer
FNMA · FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
Effective
2023-12-31
Successor
Stergios "Terry" Theologides
Filed
November 14, 2023, 6:59 PM ET
On November 9, 2023, Jeffery R. Hayward, Fannie Mae’s Executive Vice President and Chief Administrative Officer, notified Fannie Mae that he intends to retire on December 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Priscilla Almodovar was appointed as President at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.

Action
appointed
Role
President
Exact text from the filing
On November 14, 2023, Fannie Mae’s Board of Directors appointed Priscilla Almodovar, Fannie Mae’s Chief Executive Officer, age 56, as President in addition to her role as Chief Executive Officer.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Stergios "Terry" Theologides was appointed as Executive Vice President and Chief Administrative Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.

Action
appointed
Role
Executive Vice President and Chief Administrative Officer
Exact text from the filing
Fannie Mae’s Board of Directors appointed Stergios “Terry” Theologides, Fannie Mae’s current Executive Vice President, General Counsel, and Corporate Secretary, to succeed Mr. Hayward as Executive Vice President and Chief Administrative Officer, effective the day following Mr. Hayward’s departure.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

David C. Benson departed as President at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.

Action
retire
Role
President
Exact text from the filing
On November 9, 2023, David C. Benson, President of Fannie Mae (formally, the Federal National Mortgage Association), notified Fannie Mae that he intends to retire in early-to-mid 2024.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Danielle McCoy was appointed as General Counsel and Corporate Secretary at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.

Action
appointed
Role
General Counsel and Corporate Secretary
Exact text from the filing
The Board also appointed Danielle McCoy, Fannie Mae’s Senior Vice President, Deputy General Counsel and Deputy Corporate Secretary, to succeed Mr. Theologides as General Counsel and Corporate Secretary, effective upon Mr. Theologides assuming the role of Chief Administrative Officer.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffery R. Hayward departed as Executive Vice President and Chief Administrative Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.

Action
retire
Role
Executive Vice President and Chief Administrative Officer
Exact text from the filing
On November 9, 2023, Jeffery R. Hayward, Fannie Mae’s Executive Vice President and Chief Administrative Officer, notified Fannie Mae that he intends to retire on December 31, 2023.
View on SEC.gov

FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE filing history →

Source: SEC EDGAR
accession 0000310522-23-000760
view filing index on sec.gov
view primary document
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.