---
schema_version: "secwatch.filing_event.v1"
accession: "0001316944-24-000043"
form_type: "8-K"
ticker: null
cik: "0001316944"
company_name: "Federal Home Loan Bank of San Francisco"
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:19:46.484996+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FHLB San Francisco CEO Teresa Bryce Bazemore to depart by June 30, 2024; external successor candidate identified

## Summary
- Board decided not to renew employment agreement on July 28, 2023; notice delivered July 31, 2023.
- Employment term extended to June 30, 2024 via Amendment No. 1 dated Feb 29, 2024.
- Board's search committee identified external candidate; process in final stages requiring FHFA non-objection.
- Amendment also provides travel reimbursement for LA–SF trips between March 15 and June 30, 2024.
- Bazemore has served as President and CEO since March 2021.

## SEC filing metadata
- accession: 0001316944-24-000043
- form_type: 8-K
- cik: 0001316944
- company_name: Federal Home Loan Bank of San Francisco
- filed_at: 2024-02-29T23:59:59+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/1316944/000131694424000043/0001316944-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1316944/000131694424000043/fhlbsf-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001316944-24-000043
- JSON: https://secwatch.observer/filing/0001316944-24-000043.json
- Plain text: https://secwatch.observer/filing/0001316944-24-000043.txt

## Key facts
- Executive change
  Teresa Bryce Bazemore departed as President and Chief Executive Officer at Federal Home Loan Bank of San Francisco.
  - Action: not renewed
  - Role: President and Chief Executive Officer
  source text: The Board delivered an Amended Non-Renewal Notice to Ms. Bazemore, which stated that the Bank will not extend the Initial Term of the Employment Agreement beyond June 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1316944/000131694424000043/0001316944-24-000043-index.htm

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