Company: FMCCN
Filing Date: 2025-06-13
Form Type: 8-K
Source: 0001026214-25-000074
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Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-06-13
Form: 8-K
Item: Item 5.02
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Executive Officer Compensation Changes

On June 13, 2025, the U. S. Federal Housing FHFA (the Federal Housing Finance Agency), as Conservator, approved changes to the compensation of Michael T. Hutchins, President and Interim CEO, under the Executive Management Compensation Program. This compensation change is in respect of his role as President; he is not receiving additional compensation for his service as our Interim CEO. His base salary remains unchanged at $600,000. His fixed deferred salary is $3,250,000 and his at-risk deferred salary is $1,650,000 effective April 7, 2025; and his fixed deferred salary will be $4,300,000 and his at-risk deferred salary will be $2,100,000 effective April 6, 2026.

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Freddie Mac Form 8-K