Fannie (FNM) and Freddie (FRE) CEO's Pay Approved by FHFA
Government-controlled mortgage giants Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) have had their pay packages for CEO's Michael Williams (Fannie) and Charles Haldeman (Freddie) approved by the Federal Housing Finance Agency.
An SEC Form 8-K filed this morning discloses Michael Williams and Charles Haldeman's pay. The details for Mr. Williams are:
An SEC Form 8-K filed this morning discloses Michael Williams and Charles Haldeman's pay. The details for Mr. Williams are:
- A 2009 Annual Base Salary of $900,000;
- Annual Deferred Salary of $3,100,000;
- A Performance-Based Incentive of $2,000,000.
- An Annual Base Salary of $900,000;
- Annual Deferred Salary of $3,100,000;
- A Performance-Based Incentive of $2,000,000.
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