Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 372

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 372
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 (and other NEOs) for purposes of Table 64 - Summary Compensation Table. 

The table below sets forth the total annual compensation for our CEO and median employee and the ratio between the two.

Table 63 - CEO Pay Ratio

CEO Pay RatioEmployeeTotal CompensationRatio Diana W. Reid (CEO)$622,950(1)3.64Median Employee$171,293(2)

(1)    Ms. Reid has served as our CEO since September 2024. The amount reported in this table reflects Ms. Reid’s annualized total compensation for 2024, which consists of (1) an annual base salary level of $600,000 and (2) $22,950 in relocation benefits Ms. Reid received in 2024.

(2)     Reflects actual 2024 total compensation for the median employee except for estimated incentive compensation payment because, as of the filing of this Form 10-K, we have not concluded our performance year 2024 compensation planning process for employees other than our NEOs. This estimate includes the projected incentive payout for individuals with similar performance ratings.

Given the different methodologies that companies may use to determine their CEO pay ratio, the ratio reported above should not be used as a basis for comparison between companies.

FREDDIE MAC  |  2024 Form 10-K253

Executive Compensation2024 Compensation Information for NEOs

2024 COMPENSATION INFORMATION FOR NEOs

The following sections set forth compensation information for our NEOs: Ms. Reid (who has served as our CEO since September 10, 2024); Mr. Hutchins (who served as interim CEO from March 15, 2024, to September 9, 2024, while continuing to serve as our President); Mr. Whitlinger (who served as SVP – Interim CFO from June 29, 2024, to December 31, 2024); Mr. DeVito (who served as our CEO until March 15, 2024); Mr. Lown (who served as EVP & CFO until June 28, 2024); Mr. Weiss (who would have been one of our three most highly compensated executive officers but for the fact that he was not serving as an executive officer as of December 31, 2024); and the three other most highly compensated executive officers who were serving as executive officers as of December 31, 2024. 

Summary Compensation Table 

Table 64 - Summary Compensation Table