Fannie Mae in major leadership shake-up
Changes involve departure of two senior executives
Source: mpamag.com
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Changes involve departure of two senior executives
He brings extensive experience in enterprise risk management
Wells Fargo veteran Michael Heid will succeed Sheila Bair as board chair as the mortgage giant conducts a national search for its next CEO.
Fannie Mae’s CEO, Hugh Frater, and Sheila Bair, the chair of its board, both announced they will resign from the mortgage finance behemoth. Here's who will replace them.
/PRNewswire/ -- Fannie Mae (OTCQB: FNMA) Board Chair Sheila C. Bair has announced her decision to resign effective May 1, and that the Board has unanimously...