Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 342

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 342
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Table 59 - Board Compensation Levels

Board ServiceCash CompensationAnnual Retainer for Non-Executive Chair$290,000 Annual Retainer for Non-Employee Directors (other than the Non-Executive Chair)160,000 Committee ServiceCash CompensationAnnual Retainer for Audit Committee Chair$25,000 Annual Retainer for Risk Committee Chair15,000 Annual Retainer for Committee Chairs (other than Audit or Risk)10,000 Annual Retainer for Audit Committee Members10,000 

FREDDIE MAC  |  2024 Form 10-K232

Directors, Corporate Governance, and Executive OfficersCorporate Governance

2024 Director Compensation

The following table summarizes the 2024 compensation earned by all persons who served as a non-employee director during 2024. 

Table 60 - Director CompensationNon-Employee DirectorFees Earned orPaid in Cash(1)TotalMark H. Bloom$170,000$170,000Kathleen L. Casey180,000 180,000 Kevin G. Chavers(2)178,654 178,654 Lance F. Drummond(3)275,192 275,192 Aleem Gillani185,000 185,000 Mark B. Grier160,000 160,000 Luke S. Hayden160,000 160,000 Christopher E. Herbert170,000 170,000 Grace A. Huebscher175,000 175,000 Sara Mathew(4)39,038 39,038 Allan P. Merrill 170,000 170,000 Alberto G. Musalem(5)21,538 21,538 Roy Swan(6)147,115 147,115 

(1)We do not have pension or retirement plans for our non-employee directors, and all compensation is paid in cash with no other compensation paid. Therefore, we have omitted the "Change in Pension Value and Non-qualified Deferred Compensation Earnings" and "All Other Compensation" columns.

(2)Mr. Chavers became Chair of the CHC Committee effective February 19, 2024.

(3)Mr. Drummond stepped down as Chair of the CHC Committee and as a member of the Audit Committee and became Non-Executive Chair of the Board effective February 19, 2024.

(4)Ms. Mathew left the Board on February 19, 2024