Diana W. Reid

Chief Executive Officer at FEDERAL HOME LOAN MORTGAGE

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

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 Range	Details
PNC Financial Services Group, Inc.	Head, Real Estate Business Division	N/A	Led 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/A	Provided strategic advice and M&A execution to real estate finance company owners, CEOs, and boards
Credit Suisse First Boston	Various roles	N/A	Worked in Mortgage Trading, Debt Capital Markets, and Financial Institutions Advisory for nearly 20 years

External Roles

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

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional 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