Fannie Mae 2005 Annual Report Download - page 206

Broadcasting System Inc.’s Turner Entertainment Group, from April 2002 to February 2003. From 1998
through 2002, he was with Time Warner, where he served in various corporate finance roles. Prior to that
Mr. Swad was a partner in KPMG’s national office and also worked as the Deputy Chief Accountant at the
Securities and Exchange Commission.
Beth A. Wilkinson, 44, has been Executive Vice President—General Counsel and Corporate Secretary since
February 2006. Prior to joining Fannie Mae, Ms. Wilkinson was a partner and co-chair, White Collar Practice
Group for Latham & Watkins LLP, from 1998 to 2006. Before joining Latham, she served as a prosecutor and
special counsel for U.S. v. McVeigh and Nichols from 1996 to 1998. During her tenure at the Department of
Justice, Ms. Wilkinson was appointed principal deputy of the Terrorism & Violent Crime Section in 1995, and
served as Special Counsel to the Deputy Attorney General from 1995 to 1996. Ms. Wilkinson also served as
an Assistant U.S. Attorney in the Eastern District of New York from 1991 to 1995. Prior to that time,
Ms. Wilkinson was a Captain in the United States Army serving as an assistant to the general counsel of the
Army for Intelligence & Special Operations from 1987 to 1991.
Michael J. Williams, 49, has been Executive Vice President and Chief Operating Officer since November
2005. Mr. Williams was Fannie Mae’s Executive Vice President for Regulatory Agreements and Restatement
from February 2005 to November 2005. He has been responsible for managing our overall effort to restate and
reaudit Fannie Mae’s financial statements since January 2005 and for fulfilling Fannie Mae’s obligations under
Fannie Mae’s agreements with OFHEO since October 2004. Mr. Williams also served as President—Fannie
Mae eBusiness from July 2000 to February 2005 and as Senior Vice President—e-commerce from July 1999
to July 2000. Prior to this, Mr. Williams served in various roles in the Single-Family and Corporate
Information Systems divisions of the company. Mr. Williams joined Fannie Mae in 1991.
Under our bylaws, each executive officer holds office until his or her successor is chosen and qualified or until
he or she resigns, retires or is removed from office.
Section 16(a) Beneficial Ownership Reporting Compliance
Our directors and officers file with the SEC reports on their ownership of our stock and on changes in their
stock ownership. Based on a review of forms filed during 2005 or with respect to 2005 and on written
representations from our directors and officers, we believe that all of our directors and officers filed all
required reports and reported all transactions reportable during 2005 except that Mr. Williams did not timely
report a transfer of shares held by his wife into their joint account.
Item 11. Executive Compensation
Below we provide information regarding compensation we pay to our executive officers and directors. We
have previously filed Form 8-Ks containing much of this information. Additional executive compensation
information can be found in other Form 8-Ks we have filed. Incorporated herein by reference is the Form 8-K
information identified in the following table.
Information Form 8-K Filing Date Item Number and/or Heading
Compensation arrangements for our Chief
Financial Officer
November 15, 2005 Item 5.01: “Appointment of Robert T.
Blakely as Chief Financial Officer”
Table showing 2006 salaries for certain
executive officers
February 10, 2006 “General”
2006 corporate performance goals and
award targets for cash bonus awards for
executive officers and other employees
under the company’s Annual Incentive
Plan
April 28, 2006 Item 1.01
2007 salaries, the 2006 performance year
cash bonuses and the 2006 performance
year variable long-term incentive
awards for certain executive officers
January 26, 2007 Item 5.02
2007 corporate performance goals;
elimination of perquisites; and
determination regarding performance
share program awards
February 20, 2007 Item 5.02
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