FHLB San Francisco EVP & Chief Legal Officer resigns after position restructured

Federal Home Loan Bank of San Francisco

Anne Segrest McCulloch resigned as EVP, Chief Legal Officer, and Corporate Secretary on Dec 27, 2024, after proposed restructuring of her position.
Resignation deemed for 'Good Reason' under EIP; she vests in 2024 Award payout subject to performance goals and Board discretion.
Deferred Awards payable 2025-2027 subject to release, performance qualifiers, and Finance Agency review.

item 5.02

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Departed

Anne Segrest McCulloch

Executive Vice President, Chief Legal Officer, and Corporate Secretary

Federal Home Loan Bank of San Francisco

Effective: 2024-12-27
Filed: January 2, 2025, 6:59 PM ET

On December 27, 2024, the Board of Directors (the “Board”) of the Federal Home Loan Bank of San Francisco (“the Bank”) accepted the resignation of Anne Segrest McCulloch, Executive Vice President, Chief Legal Officer, and Corporate Secretary, which she had tendered following a proposed restructuring of her position.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Anne Segrest McCulloch resigned as Executive Vice President, Chief Legal Officer, and Corporate Secretary at Federal Home Loan Bank of San Francisco.

Action: resigned
Role: Executive Vice President, Chief Legal Officer, and Corporate Secretary

Exact text from the filing

On December 27, 2024, the Board of Directors (the “Board”) of the Federal Home Loan Bank of San Francisco (“the Bank”) accepted the resignation of Anne Segrest McCulloch, Executive Vice President, Chief Legal Officer, and Corporate Secretary, which she had tendered following a proposed restructuring of her position.

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Source: SEC EDGAR

accession 0001316944-25-000003

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