Freddie Mac CEO Michael J. DeVito to retire in Q1 2024

FEDERAL HOME LOAN MORTGAGE CORP

Michael J. DeVito notified board of his retirement as CEO and board member, effective Q1 2024.
Board of Directors will commence a search for a successor; transition expected to be smooth.
DeVito joined in 2021; board chair praised his leadership and mission focus.

item 5.02 item 9.01

Executive movements

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Departed

Michael J. DeVito

Chief Executive Officer

FMCC · FEDERAL HOME LOAN MORTGAGE CORP

Filed: September 8, 2023, 7:59 PM ET

On September 5, 2023, Michael J. DeVito, Chief Executive Officer (CEO) of Freddie Mac (formally the Federal Home Loan Mortgage Corporation) notified Freddie Mac’s Board of Directors of his intention to retire as CEO and as a member of the company’s Board of Directors in the first quarter of 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. DeVito departed as Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.

Action: retire
Role: Chief Executive Officer

Exact text from the filing

On September 5, 2023, Michael J. DeVito, Chief Executive Officer (CEO) of Freddie Mac (formally the Federal Home Loan Mortgage Corporation) notified Freddie Mac’s Board of Directors of his intention to retire as CEO and as a member of the company’s Board of Directors in the first quarter of 2024.

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Source: SEC EDGAR

accession 0001026214-23-000099

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