---
schema_version: "secwatch.filing_event.v1"
accession: "0001316944-25-000072"
form_type: "8-K"
ticker: null
cik: "0001316944"
company_name: "Federal Home Loan Bank of San Francisco"
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:15:46.271922+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FHLB San Francisco CFO Amato to depart; Hennessy named new CFO; Amato remains interim CEO through May 31, 2025

## Summary
- Joseph Amato steps down as CFO on April 1, 2025, continues as Interim President and CEO.
- Michael S. Hennessy appointed EVP and CFO effective April 1, 2025.
- Amato's employment term extended to May 31, 2025; severance provisions included.
- Amendment No. 4 includes waivers of SERP and senior officer severance policy eligibility.

## SEC filing metadata
- accession: 0001316944-25-000072
- form_type: 8-K
- cik: 0001316944
- company_name: Federal Home Loan Bank of San Francisco
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1316944/000131694425000072/0001316944-25-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1316944/000131694425000072/fhlbsf-20250327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001316944-25-000072
- JSON: https://secwatch.observer/filing/0001316944-25-000072.json
- Plain text: https://secwatch.observer/filing/0001316944-25-000072.txt

## Key facts
- Executive change
  Michael S. Hennessy was appointed as Executive Vice President and Chief Financial Officer at Federal Home Loan Bank of San Francisco.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: the board of directors of the Bank appointed Mr. Michael S. Hennessy to serve as Executive Vice President and Chief Financial Officer of the Bank, effective April 1, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1316944/000131694425000072/0001316944-25-000072-index.htm
- Executive change
  Joseph Amato changed role as Interim President and Chief Executive Officer at Federal Home Loan Bank of San Francisco.
  - Action: stepped down
  - Role: Interim President and Chief Executive Officer
  source text: concurrently on April 1, 2025, Mr. Amato will step down from his role as Chief Financial Officer but continue to serve as the Interim President and Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1316944/000131694425000072/0001316944-25-000072-index.htm

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