Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 343

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 343
---
, when her term of service on the Board had reached the limit set forth in the Corporate Governance Rule. 

(5)Mr. Musalem tendered his resignation effective February 19, 2024.

(6)Mr. Swan was elected to the Board and appointed a member of the Audit Committee effective February 19, 2024.

Indemnification

We have made arrangements to indemnify our directors against certain liabilities which are similar to the terms on which our executive officers are indemnified. For a description of such terms, see Executive Compensation - CD&A - Written Agreements Relating to NEO Employment - Indemnification Agreements.

FREDDIE MAC  |  2024 Form 10-K233

Directors, Corporate Governance, and Executive OfficersExecutive Officers

EXECUTIVE OFFICERS

As of February 12, 2025, our executive officers are as follows: 

Diana W. ReidAgeYear of AffiliationPosition692024CEO

Ms. Reid has served as our CEO and a member of our Board of Directors since September 2024. See Directors, Corporate Governance, and Executive Officers - Directors - Director Biographical Information for a biography of Ms. Reid. 

Michael T. HutchinsAgeYear of AffiliationPosition692013President

Mr. Hutchins has served as our President since December 2020 after serving as our interim President beginning in November 2020. He also served as interim CEO from March 2024 to September 2024. In his role as President, he oversees the company's Single-Family business and the Multifamily, Investments and Capital Markets, and EO&T Divisions. He previously served as EVP - Investments and Capital Markets from January 2015 to November 2020 and as SVP - Investments and Capital Markets from July 2013 to January 2015. From 2007 to 2013, prior to joining Freddie Mac, Mr. Hutchins was Co-Founder and CEO of PrinceRidge, a financial services firm. Prior to founding PrinceRidge, he was with UBS Group AG from 1996 to 2007, holding a variety of senior management positions, including the Global Head of the Fixed Income Rates & Currencies Group. Prior to UBS, Mr. Hutchins worked at Salomon Brothers, Inc. from 1986 to 1996, where he held a number of management positions, including Co-Head of Fixed Income Capital Markets.

James M. WhitlingerAgeYear of