---
schema_version: "secwatch.filing_event.v1"
accession: "0001026214-24-000087"
form_type: "8-K"
ticker: "FMCC"
cik: "0001026214"
company_name: "FEDERAL HOME LOAN MORTGAGE CORP"
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:33:30.072412+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Freddie Mac appoints Diana Reid as CEO effective September 10, 2024

## Summary
- Diana Reid named CEO, effective immediately; she also joins the Board of Directors.
- Interim CEO Michael Hutchins remains President; he leaves the Board.
- Reid's base salary: $600,000 per year; relocation benefits offered with repayment provisions.
- Reid brings 40+ years of real estate, banking, and capital markets experience; previously led PNC's real estate division.

## SEC filing metadata
- accession: 0001026214-24-000087
- form_type: 8-K
- ticker: FMCC
- cik: 0001026214
- company_name: FEDERAL HOME LOAN MORTGAGE CORP
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1026214/000102621424000087/0001026214-24-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1026214/000102621424000087/fmcc-20240910.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001026214-24-000087
- JSON: https://secwatch.observer/filing/0001026214-24-000087.json
- Plain text: https://secwatch.observer/filing/0001026214-24-000087.txt

## Key facts
- Executive change
  Diana W. Reid was appointed as Member of the Board of Directors at FEDERAL HOME LOAN MORTGAGE CORP.
  - Action: appointed
  - Role: Member of the Board of Directors
  source text: Ms. Reid also will become a member of Freddie Mac’s Board of Directors on September 10, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621424000087/0001026214-24-000087-index.htm
- Executive change
  Michael Hutchins departed as Member of the Board of Directors at FEDERAL HOME LOAN MORTGAGE CORP.
  - Action: leave
  - Role: Member of the Board of Directors
  source text: Mr. Hutchins will leave the Freddie Mac Board of Directors concurrent with Ms. Reid’s appointment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621424000087/0001026214-24-000087-index.htm
- Executive change
  Michael Hutchins changed role as President at FEDERAL HOME LOAN MORTGAGE CORP.
  - Action: continues as
  - Role: President
  source text: President and Interim CEO Michael Hutchins will continue as Freddie Mac's President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621424000087/0001026214-24-000087-index.htm
- Executive change
  Diana W. Reid was appointed as Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Diana W. Reid has been appointed as Chief Executive Officer, effective September 10, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621424000087/0001026214-24-000087-index.htm

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