---
schema_version: "secwatch.filing_event.v1"
accession: "0001316944-24-000093"
form_type: "8-K"
ticker: null
cik: "0001316944"
company_name: "Federal Home Loan Bank of San Francisco"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:56:08.724214+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FHLBank San Francisco names Alanna McCargo as President and CEO, effective June 10, 2024

## Summary
- Alanna McCargo, former Ginnie Mae President, appointed President and CEO effective June 10, 2024.
- Teresa Bryce Bazemore will step down as CEO on June 10, become EVP Special Advisor through June 30, then consultant through August 2024 at $50,000 fee.
- McCargo's employment agreement provides $890,000 base salary, SERP contributions of 25%-35% of total compensation, and severance terms tied to term expiration or without-cause termination.
- McCargo has extensive housing finance experience including HUD, Urban Institute, CoreLogic, JP Morgan Chase, and Fannie Mae.

## SEC filing metadata
- accession: 0001316944-24-000093
- form_type: 8-K
- cik: 0001316944
- company_name: Federal Home Loan Bank of San Francisco
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1316944/000131694424000093/0001316944-24-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1316944/000131694424000093/fhlbsf-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001316944-24-000093
- JSON: https://secwatch.observer/filing/0001316944-24-000093.json
- Plain text: https://secwatch.observer/filing/0001316944-24-000093.txt

## Key facts
- Executive change
  Alanna McCargo was appointed as President and Chief Executive Officer at Federal Home Loan Bank of San Francisco.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On May 8, 2024, the Federal Home Loan Bank of San Francisco (the "Bank") announced the appointment of Alanna McCargo as President and Chief Executive Officer of the Bank, effective June 10, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1316944/000131694424000093/0001316944-24-000093-index.htm

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