---
schema_version: "secwatch.filing_event.v1"
accession: "0001026214-25-000046"
form_type: "8-K"
ticker: "FMCC"
cik: "0001026214"
company_name: "FEDERAL HOME LOAN MORTGAGE CORP"
filed_at: "2025-03-21T23:59:59+00:00"
generated_at: "2026-05-24T07:55:43.729906+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CEO Diana Reid removed; President Michael Hutchins appointed interim CEO

## Summary
- FHFA, as conservator, removed CEO Diana Reid effective March 20, 2025; she also left the board.
- Michael T. Hutchins, 69, President since Dec 2020, appointed interim CEO effective March 20; also joined board.
- Hutchins served as interim CEO previously from Mar to Sep 2024; will serve until permanent CEO appointed or June 20, 2025.
- Hutchins oversees Single-Family, Multifamily, Investments and Capital Markets, and EO&T Divisions.

## SEC filing metadata
- accession: 0001026214-25-000046
- form_type: 8-K
- ticker: FMCC
- cik: 0001026214
- company_name: FEDERAL HOME LOAN MORTGAGE CORP
- filed_at: 2025-03-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000046/0001026214-25-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000046/fmcc-20250320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001026214-25-000046
- JSON: https://secwatch.observer/filing/0001026214-25-000046.json
- Plain text: https://secwatch.observer/filing/0001026214-25-000046.txt

## Key facts
- Executive change
  Diana Reid departed as Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE CORP.
  - Action: departed
  - Role: Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000046/0001026214-25-000046-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000046/0001026214-25-000046-index.htm
- Executive change
  Michael T. Hutchins was appointed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
  - Action: appointed
  - Role: Director
  source text: Mr. Hutchins also became a member of the Company’s Board of Directors on that date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000046/0001026214-25-000046-index.htm
- Executive change
  Diana Reid departed as Director at FEDERAL HOME LOAN MORTGAGE CORP.
  - Action: departed
  - Role: Director
  source text: Ms. Reid will no longer serve as a member of the Company’s Board of Directors (the 'Board'), effective as of March 20, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000046/0001026214-25-000046-index.htm

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