---
schema_version: "secwatch.filing_event.v1"
accession: "0001316944-26-000111"
form_type: "8-K"
ticker: null
cik: "0001316944"
company_name: "Federal Home Loan Bank of San Francisco"
filed_at: "2026-06-18T16:30:37+00:00"
generated_at: "2026-06-18T16:31:05.204213+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001316944-26-000111
- form_type: 8-K
- cik: 0001316944
- company_name: Federal Home Loan Bank of San Francisco
- filed_at: 2026-06-18T16:30:37+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1316944/000131694426000111/0001316944-26-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1316944/000131694426000111/fhlbsf-20260618.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001316944-26-000111
- JSON: https://secwatch.observer/filing/0001316944-26-000111.json
- Plain text: https://secwatch.observer/filing/0001316944-26-000111.txt

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