---
schema_version: "secwatch.filing_event.v1"
accession: "0000310522-25-000204"
form_type: "8-K"
ticker: "FNMA"
cik: "0000310522"
company_name: "FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE"
filed_at: "2025-03-17T23:59:59+00:00"
generated_at: "2026-05-24T16:57:17.190479+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FHFA removes 8 directors, appoints 4 new directors at Fannie Mae effective March 17, 2025

## Summary
- Eight directors removed: Amy Alving, Christopher Brummer, Michael Heid, Simon Johnson, Diane Lye, Diane Nordin, Chetlur Ragavan, Michael Seelig.
- Four new directors appointed: Clinton Jones, William Pulte (Chairman), Christopher Stanley, Michael Stucky.
- Remaining directors: Priscilla Almodovar, Renée Glover, Karin Kimbrough, Manuel Sánchez Rodríguez, Scott Stowell.
- New directors serve until next annual election or earlier removal by FHFA as conservator.

## SEC filing metadata
- accession: 0000310522-25-000204
- form_type: 8-K
- ticker: FNMA
- cik: 0000310522
- company_name: FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- filed_at: 2025-03-17T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/fnm-20250317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310522-25-000204
- JSON: https://secwatch.observer/filing/0000310522-25-000204.json
- Plain text: https://secwatch.observer/filing/0000310522-25-000204.txt

## Key facts
- Executive change
  Simon Johnson was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: removed
  - Role: Director
  source text: removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Michael A. Seelig was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: removed
  - Role: Director
  source text: removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Christopher Stanley was appointed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: appointed
  - Role: Director
  source text: appointed the following new directors to the Board of Directors of Fannie Mae: • Clinton Jones • William J. Pulte • Christopher Stanley • Michael Stucky
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Amy E. Alving was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: removed
  - Role: Director
  source text: removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Diane N. Lye was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: removed
  - Role: Director
  source text: removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  William J. Pulte was appointed as Chairman of the Board of Directors at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: appointed
  - Role: Chairman of the Board of Directors
  source text: appointed the following new directors to the Board of Directors of Fannie Mae: • Clinton Jones • William J. Pulte • Christopher Stanley • Michael Stucky Mr. Pulte will serve as Chairman of the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Diane C. Nordin was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: removed
  - Role: Director
  source text: removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Christopher J. Brummer was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: removed
  - Role: Director
  source text: removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Michael J. Heid was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: removed
  - Role: Director
  source text: removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Clinton Jones was appointed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: appointed
  - Role: Director
  source text: appointed the following new directors to the Board of Directors of Fannie Mae: • Clinton Jones • William J. Pulte • Christopher Stanley • Michael Stucky
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Michael Stucky was appointed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: appointed
  - Role: Director
  source text: appointed the following new directors to the Board of Directors of Fannie Mae: • Clinton Jones • William J. Pulte • Christopher Stanley • Michael Stucky
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm
- Executive change
  Chetlur S. Ragavan was removed as Director at FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE.
  - Action: removed
  - Role: Director
  source text: removed the following members from Fannie Mae’s Board of Directors: • Amy E. Alving • Christopher J. Brummer • Michael J. Heid • Simon Johnson • Diane N. Lye • Diane C. Nordin • Chetlur S. Ragavan • Michael A. Seelig
  evidence_url: https://www.sec.gov/Archives/edgar/data/310522/000031052225000204/0000310522-25-000204-index.htm

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