Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 361

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 361
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; and improving employees’ on-site experience.nPlayed a key role in partnering with the President and the Board in developing the company’s strategic plan, corporate priorities and objectives, and related Corporate Scorecard.nCollaborated with other leaders to enhance Board governance and the Board reporting and presentation process.nAs a CSS Board member, oversaw successful operations of this joint venture, which Freddie Mac relies on for the operation of a significant portion of our single-family securitization.At-Risk Deferred Salary (Corporate Scorecard/Individual) Funding DecisionThe CHC Committee determined that Mr. Weiss should receive 100% of his At-Risk Deferred Salary that was subject to adjustment based on his individual performance after taking into account the company’s performance against the Corporate Scorecard.

FREDDIE MAC  |  2024 Form 10-K245

Executive CompensationCompensation Discussion and Analysis

2024 Deferred Salary

The following chart reports the actual amounts of 2024 Deferred Salary for each NEO, other than Ms. Reid and Mr. DeVito who were not eligible for 2024 Deferred Salary. See Executive Compensation - CD&A - Overview of EMCP for additional information. 

Table 62 - 2024 Deferred Salary

  2024 Actual Deferred Salary FixedAt-RiskNamed Executive OfficerConservatorship ScorecardCorporate Scorecard / IndividualMichael T. Hutchins$1,920,000$502,200$540,000James M. Whitlinger547,500 198,788 213,750 Anil D. Hinduja1,290,000 376,650 405,000 Heidi L. Mason1,220,000 362,700 390,000 Sonu Mittal900,000 279,000 300,000 Christian M. Lown507,363 227,646 244,780 Jerry Weiss1,115,000 341,775 367,500 

Written Agreements Relating to NEO Employment

We entered into agreements with each of our NEOs in connection with their hiring, which set forth the specific initial levels of compensation, including, as applicable, Base Salary and Target TDC. The compensation of each NEO is subject to change by FHFA and the terms of the EMCP. See Executive Compensation - CD&A - Determination of 2024 Target TDC for Eligible NEOs - 2024 Target TDC for 2024 Target TDC amounts for our eligible NEOs. Other than the agreements described below