Fannie Mae appoints Peter Akwaboah as EVP and COO, effective May 20, 2024

FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE

Peter Akwaboah appointed EVP and COO; currently Managing Director at Morgan Stanley.
Total annual target direct compensation of $3.75M: base salary $600K, fixed deferred $2.025M, at-risk deferred $1.125M.
Sign-on award of $1.75M ($1.25M + $500K) with repayment clauses if resignation or misconduct within one year.
Relocation benefits offered; reimbursement required if employment ends within 18 months.
Akwaboah served as Morgan Stanley's COO of Technology and Head of Innovation since 2021.

item 5.02

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Appointed

Peter Akwaboah

Executive Vice President and Chief Operating Officer

FNMA · FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE

Effective: 2024-05-20
Filed: February 22, 2024, 6:59 PM ET

On February 17, 2024, Peter Akwaboah was appointed as Executive Vice President and Chief Operating Officer of Fannie Mae (formally, the Federal National Mortgage Association).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Akwaboah was appointed as Executive Vice President and Chief Operating Officer at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.

Action: appointed
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

On February 17, 2024, Peter Akwaboah was appointed as Executive Vice President and Chief Operating Officer of Fannie Mae (formally, the Federal National Mortgage Association).

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FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE filing history →

Source: SEC EDGAR

accession 0000310522-24-000188

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