Freddie Mac 2010 Annual Report Download - page 292

On February 17, 2011, the Conservator executed a written consent re-electing each of the then-current directors as
members of our Board of Directors, effective as of that date. The individuals elected by the Conservator for another term as
directors are listed below.
Linda B. Bammann
Carolyn H. Byrd
Robert R. Glauber
Charles E. Haldeman, Jr.
Laurence E. Hirsch
John A. Koskinen
Christopher S. Lynch
Nicolas P. Retsinas
Clayton S. Rose
Eugene B. Shanks, Jr.
Anthony A. Williams
The terms of the directors elected under the February 17, 2011 consent will continue until the date of the next annual
meeting of stockholders or the Conservator next elects directors by written consent, whichever occurs first.
2011 Target Compensation for Named Executive Officers
The table below sets forth the approved 2011 Semi-Monthly Base Salary, Deferred Base Salary, Target Incentive
Opportunity, and Total Direct Compensation (as those terms are defined in our Executive Compensation Plan) for each
officer who is a Named Executive Officer for the year ended December 31, 2010. With the approval of FHFA in consultation
with Treasury, we approved the 2011 target compensation for Messrs. Haldeman, Kari, Bostrom, and Federico (each of
whom was also a Named Executive Officer for the year ended December 31, 2009) on February 22, 2011 and approved the
2011 target compensation for Mr. Bisenius on January 18, 2011.
Table 68 — 2011 Target Compensation for Named Executive Officers
Named Executive Officer Title
Semi-
Monthly
Base Salary
Deferred
Base Salary
Target
Incentive
Opportunity
Target Total
Direct
Compensation
2011 Target Total Direct Compensation
Charles E. Haldeman, Jr. . . . . CEO $900,000 $3,100,000 $2,000,000 $6,000,000
Ross J. Kari ............. CFO 675,000 1,658,333 1,166,667 3,500,000
Robert E. Bostrom. . . . ..... EVP—General Counsel & Corporate Secretary 500,000 1,333,333 916,667 2,750,000
Peter J. Federico . . . . . ..... EVP—Investments & Capital Markets and Treasurer 400,000 1,340,000 870,000 2,610,000
Donald J. Bisenius. . . . ..... EVP—Single-Family Credit Guarantee 400,000 1,100,000 750,000 2,250,000
Departure of Named Executive Officer
Mr. Bisenius has notified us that he plans to leave Freddie Mac effective April 1, 2011. He will continue to perform his
duties as Executive Vice President — Single-Family Credit Guarantee until that date.
289 Freddie Mac