---
schema_version: "secwatch.filing_event.v1"
accession: "0001316944-25-000003"
form_type: "8-K"
ticker: null
cik: "0001316944"
company_name: "Federal Home Loan Bank of San Francisco"
filed_at: "2025-01-02T23:59:59+00:00"
generated_at: "2026-05-28T17:54:56.894158+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001316944-25-000003
- form_type: 8-K
- cik: 0001316944
- company_name: Federal Home Loan Bank of San Francisco
- filed_at: 2025-01-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1316944/000131694425000003/0001316944-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1316944/000131694425000003/fhlbsf-20241227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001316944-25-000003
- JSON: https://secwatch.observer/filing/0001316944-25-000003.json
- Plain text: https://secwatch.observer/filing/0001316944-25-000003.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1316944/000131694425000003/0001316944-25-000003-index.htm

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