Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 330

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 330
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 Carver Federal Savings Bank, departing as Executive Vice President and Chief Financial Officer (2005-2008)

n    Various positions at Time Warner Inc. (2003-2005)

n    Various investment banking positions at JPMorgan Chase & Co. (1999-2003)

n    Vice President, Investment Banking, Industrial Sector at Schroders & Co. Inc. (1998-1999)

n    Chief Investment Officer at Upper Manhattan Empowerment Zone (1996-1998)

n    Associate at Salomon Brothers, Inc. (1993-1996)

n    Member of the Advisory Board of AQR Funds (2024-present)

n    Member of the Board of the Global Impact Investing Network (2023-present)

n    Member of the Board of Parnassus Funds (2021-present)

n    Member of the Board of Varo Bank N.A. (2021-2023)

n    Member of the Board of Aequi Acquisition Corp. (2020-2023)

FREDDIE MAC  |  2024 Form 10-K224

Directors, Corporate Governance, and Executive OfficersCorporate Governance

CORPORATE GOVERNANCE

Our Corporate Governance Practices

We are committed to best practices in corporate governance. Our Board of Directors has adopted the Guidelines, which embody many of our long-standing practices, policies, and procedures and are available on our website at www.freddiemac.com/governance/pdf/gov_guidelines.pdf. Our Board of Directors reviews the Guidelines annually and regularly assesses them against the regulatory and legislative environment in which we operate as well as evolving best practices.

The Guidelines are designed to provide for effective collaboration between management and the Board of Directors. We have instituted the following specific corporate governance practices:

n    Our Board of Directors has an independent Non-Executive Chair, whose responsibilities include presiding over Board meetings and executive sessions of the non-employee or independent directors.

n    All of our directors are independent, except for the CEO.

n    Each of the Audit, CHC, Nominating and Governance, Mission and Housing Sustainability, Operations and Technology, and Risk Committees consists entirely of independent directors. 

n    Our directors are elected annually.

n    Each committee operates pursuant to a written charter that has been approved by the Board of Directors. The charters are available at http://www.freddiemac.com/governance/board-committees.html.