secwatch / observer
8-K filed March 21, 2025, 7:59 PM ET ticker FMCC CIK 0001026214
leadership confidence high sentiment neutral materiality 0.75

CEO Diana Reid removed; President Michael Hutchins appointed interim CEO

FEDERAL HOME LOAN MORTGAGE CORP

item 5.02

Executive movements

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

Departed

Diana Reid

Chief Executive Officer
FMCC · FEDERAL HOME LOAN MORTGAGE CORP
Effective
2025-03-20
Successor
Michael T. Hutchins
Filed
March 21, 2025, 7:59 PM ET
The Company also announced the departure of Chief Executive Officer, Diana Reid. Ms. Reid will no longer serve as a member of the Company’s Board of Directors (the 'Board'), effective as of March 20, 2025.
Appointed (interim)

Michael T. Hutchins

President and Interim Chief Executive Officer
FMCC · FEDERAL HOME LOAN MORTGAGE CORP
Effective
2025-03-20
Filed
March 21, 2025, 7:59 PM ET
On March 20, 2025, U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as conservator, appointed Freddie Mac (formally the Federal Home Loan Mortgage Corporation) (the ‘Company’) President Michael T. Hutchins to the dual role of President and Interim Chief Executive Officer, effective as of March 20, 2025.
Appointed

Michael T. Hutchins

Director
FMCC · FEDERAL HOME LOAN MORTGAGE CORP
Effective
2025-03-20
Filed
March 21, 2025, 7:59 PM ET
Mr. Hutchins also became a member of the Company’s Board of Directors on that date.
Departed

Diana Reid

Director
FMCC · FEDERAL HOME LOAN MORTGAGE CORP
Effective
2025-03-20
Filed
March 21, 2025, 7:59 PM ET
Ms. Reid will no longer serve as a member of the Company’s Board of Directors (the 'Board'), effective as of March 20, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Diana Reid departed as Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.

Action
departed
Role
Chief Executive Officer
Exact text from the filing
The Company also announced the departure of Chief Executive Officer, Diana Reid. Ms. Reid will no longer serve as a member of the Company’s Board of Directors (the 'Board'), effective as of March 20, 2025.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Michael T. Hutchins was appointed as President and Interim Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.

Action
appointed
Role
President and Interim Chief Executive Officer
Exact text from the filing
On March 20, 2025, U.S. Federal Housing FHFA (the Federal Housing Finance Agency), acting as conservator, appointed Freddie Mac (formally the Federal Home Loan Mortgage Corporation) (the ‘Company’) President Michael T. Hutchins to the dual role of President and Interim Chief Executive Officer, effective as of March 20, 2025.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Michael T. Hutchins was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.

Action
appointed
Role
Director
Exact text from the filing
Mr. Hutchins also became a member of the Company’s Board of Directors on that date.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Diana Reid departed as Director at FEDERAL HOME LOAN MORTGAGE CORP.

Action
departed
Role
Director
Exact text from the filing
Ms. Reid will no longer serve as a member of the Company’s Board of Directors (the 'Board'), effective as of March 20, 2025.
View on SEC.gov

FEDERAL HOME LOAN MORTGAGE CORP filing history →

Source: SEC EDGAR
accession 0001026214-25-000046
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