Fannie Mae 2007 Annual Report Download - page 42

As of the date of this filing, one GSE reform bill has been introduced in the Senate and another is expected.
For a description of how the changes in the regulation of our business contemplated by these GSE reform bills
and other legislative proposals could materially adversely affect our business and earnings, see “Item 1A—
Risk Factors.”
EXECUTIVE OFFICERS
Our current executive officers are listed below. They have provided the following information about their
principal occupation, business experience and other matters.
Daniel H. Mudd, 49, has served as President and Chief Executive Officer of Fannie Mae since June 2005.
Mr. Mudd previously served as Vice Chairman of Fannie Mae’s Board of Directors and interim Chief Executive
Officer, from December 2004 to June 2005, and as Vice Chairman and Chief Operating Officer from February
2000 to December 2004. Prior to his employment with Fannie Mae, Mr. Mudd was President and Chief
Executive Officer of GE Capital, Japan, a diversified financial services company and a wholly-owned subsidiary
of the General Electric Company, from April 1999 to February 2000. He also served as President of GE Capital,
Asia Pacific, from May 1996 to June 1999. Mr. Mudd has served as a director of the Fannie Mae Foundation
since March 2000, serving as Chairman since June 2005, interim Chairman from December 2004 to June 2005,
and Vice Chairman from September 2003 to December 2004. Mr. Mudd serves as a director of Fortress
Investment Group LLC. Mr. Mudd has been a Fannie Mae director since February 2000.
Kenneth J. Bacon, 53, has been Executive Vice President—Housing and Community Development since
July 2005. He was interim head of Housing and Community Development from January 2005 to July 2005.
He was Senior Vice President—Multifamily Lending and Investment from May 2000 to January 2005, and
Senior Vice President—American Communities Fund from October 1999 to May 2000. From August 1998 to
October 1999 he was Senior Vice President of the Community Development Capital Corporation. He was
Senior Vice President of Fannie Mae’s Northeastern Regional Office in Philadelphia from May 1993 to August
1998. Mr. Bacon has served as a director of the Fannie Mae Foundation since January 1995 and as Vice
Chairman since January 2005. Mr. Bacon is also a director of Comcast Corporation and the Corporation for
Supportive Housing. He is a member of the Executive Leadership Council and the Real Estate Round Table.
Enrico Dallavecchia, 46, has been Executive Vice President and Chief Risk Officer since June 2006. Prior to
joining Fannie Mae, Mr. Dallavecchia was with JP Morgan Chase, where he served as Head of Market Risk for
Retail Financial Services, Chief Investment Office and Asset Wealth Management from April 2005 to May 2006
and as Market Risk Officer for Global Treasury, Retail Financial Services, Credit Cards and Proprietary
Positioning Division and Co-head of Market Risk Technology from December 1998 to March 2005.
Linda K. Knight, 58, has been Executive Vice President—Enterprise Operations since April 2007. Prior to her
present appointment, Ms. Knight served as Executive Vice President—Capital Markets from March 2006 to
April 2007. Before that, Ms. Knight served as Senior Vice President and Treasurer from February 1993 to
March 2006, and Vice President and Assistant Treasurer from November 1986 to February 1993. Ms. Knight
held the position of Director, Treasurer’s Office from November 1984 to November 1986, and Assistant
Director, Treasurer’s Office from February 1984 to November 1984. Ms. Knight joined Fannie Mae in August
1982 as a senior market analyst.
Robert J. Levin, 52, has been Executive Vice President and Chief Business Officer since November 2005.
Mr. Levin was Fannie Mae’s interim Chief Financial Officer from December 2004 to January 2006. Prior to
that position, Mr. Levin was the Executive Vice President of Housing and Community Development from June
1998 to December 2004. From June 1990 to June 1998, he was Executive Vice President—Marketing.
Mr. Levin joined Fannie Mae in 1981. Mr. Levin has previously served as a director and as treasurer of the
Fannie Mae Foundation.
Thomas A. Lund, 49, has been Executive Vice President—Single-Family Mortgage Business since July 2005.
He was interim head of Single-Family Mortgage Business from January 2005 to July 2005 and Senior Vice
President—Chief Acquisitions Office from January 2004 to January 2005. Mr. Lund served as Senior Vice
President—Investor Channel from August 2000 to January 2004, Senior Vice President—Southwestern
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