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    Diana W. Reid

    Chief Executive Officer at Federal Home Loan Mortgage Corp
    Since September 10, 2024
    Age
    69 years
    Education
    Earned a Bachelor of Science degree from California State University and a Master of Business Administration from the University of Virginia’s Darden School of Business.
    Tenure
    Joined FMCC as Chief Executive Officer and board member on September 10, 2024, succeeding Michael Hutchins.

    Also at Federal Home Loan Mortgage Corp

    ADH
    Anil D. Hinduja
    Executive Vice President and Chief Risk Officer
    CSP
    Craig S. Phillips
    Executive Vice President and Head of Corporate Strategy & External Affairs
    FPN
    Frank P. Nazzaro
    Executive Vice President - Enterprise Operations & Technology

    About

    A seasoned financial executive with over 40 years of experience in commercial and residential real estate lending, debt capital markets, and risk management, this leader has developed a reputation for strategic insight and operational excellence while relocating to the Washington, DC area upon joining FMCC.

    Beginning her distinguished career at Credit Suisse First Boston and later founding Beekman Advisors, she built a robust portfolio of expertise across various facets of the financial services industry. Her tenure at PNC Financial Services Group included leading major real estate business divisions and navigating the financial crisis, marking her as a proven and resilient industry veteran.

    At FMCC, she assumed the role of Chief Executive Officer on September 10, 2024, while simultaneously joining the Board of Directors, marking a significant milestone in her career. Her appointment is expected to further the mission of providing liquidity, stability, and affordability within the housing market, drawing upon her extensive experience and leadership acumen.

    $FMCC Performance Under Diana W. Reid

    Past Roles

    Organization Role Date RangeDetails
    PNC Financial Services Group, Inc. Head, Real Estate Business Division N/ALed the real estate business division for nearly 12 years, achieving significant growth and overseeing debt/equity for affordable housing, multifamily lending, etc.
    Beekman Advisors Founder N/AProvided strategic advice and M&A execution to real estate finance company owners, CEOs, and boards
    Credit Suisse First Boston Various roles N/AWorked in Mortgage Trading, Debt Capital Markets, and Financial Institutions Advisory for nearly 20 years

    External Roles

    Organization Role Date RangeDetails
    Welltower, Inc. Board Member N/AServes on the Audit and Nominating/Corporate Governance Committees
    Pittsburgh Opera Advisory Board Member N/AN/A
    The Denyce Graves Foundation Founding Board Member N/AAssociated with promoting arts and education

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$182,308 Prorated for 2024 (effective September 10, 2024) Annualized at $600,000
    Relocation Benefits$22,950 One-time payment Relocation benefits

    Performance Compensation

    Data from  FY 2024

    No information available on performance compensation for 2024