Freddie Mac appoints Kenny M. Smith as CEO, effective Dec 17, 2025

FEDERAL HOME LOAN MORTGAGE CORP

Kenny M. Smith named CEO; joins Board of Directors effective Dec 17, 2025.
Base salary of $600,000/year; no executive management compensation program participation.
Employment is at-will; compensation subject to FHFA review and approval.
Michael Hutchins continues as President and remains on the Board.
Smith must sign restrictive covenant, confidentiality, and indemnification agreements.

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