---
schema_version: "secwatch.filing_event.v1"
accession: "0001026214-25-000131"
form_type: "8-K"
ticker: "FMCC"
cik: "0001026214"
company_name: "FEDERAL HOME LOAN MORTGAGE CORP"
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T12:59:44.464320+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001026214-25-000131
- form_type: 8-K
- ticker: FMCC
- cik: 0001026214
- company_name: FEDERAL HOME LOAN MORTGAGE CORP
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000131/0001026214-25-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1026214/000102621425000131/fmcc-20251216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001026214-25-000131
- JSON: https://secwatch.observer/filing/0001026214-25-000131.json
- Plain text: https://secwatch.observer/filing/0001026214-25-000131.txt

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