FHLBank San Francisco ends CEO search; Winthrop Watson to continue as interim CEO indefinitely

Federal Home Loan Bank of San Francisco

Watson, appointed interim CEO in Jan 2026, will continue indefinitely under existing employment agreement.
Board ceases search for permanent CEO, citing Watson's leadership and experience.
No amendments to Watson's employment agreement; terms remain unchanged.
Board chair Joan Opp expresses confidence in Watson's ability to lead the organization.

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