Fannie (FNM) and Freddie (FRE) CEO's Pay Approved by FHFA

December 24, 2009 8:38 AM EST
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:
  • A 2009 Annual Base Salary of $900,000;

  • Annual Deferred Salary of $3,100,000;

  • A Performance-Based Incentive of $2,000,000.
For Charles Haldeman, the details of his pay are as follows:
  • An Annual Base Salary of $900,000;

  • Annual Deferred Salary of $3,100,000;

  • A Performance-Based Incentive of $2,000,000.

You May Also Be Interested In





Related Categories

General News, Insiders' Blog