Fannie Mae 2008 Annual Report Download - page 235

William B. Senhauser, 46, has been Senior Vice President and Chief Compliance Officer since December
2005. Mr. Senhauser previously served as Vice President for Regulatory Agreements and Restatement from
October 2004 to December 2005 and Vice President for Operating Initiatives from January 2003 to September
2004. Mr. Senhauser joined Fannie Mae in 2000 as Vice President for Fair Lending.
Michael A. Shaw, 61, has been Executive Vice President and Enterprise Risk Officer since November 2008
and served as Executive Vice President and Chief Risk Officer from August 2008 to November 2008.
Mr. Shaw previously served as Senior Vice President—Credit Risk Oversight beginning in April 2006, when
he joined Fannie Mae. Prior to that time, Mr. Shaw was employed at JPMorgan Chase & Co., where he served
as Senior Credit Executive from 2004 to 2006, as Senior Risk Executive, Policy, Reporting, Analytics and
Finance during 2004 and as Senior Credit Executive—Consumer, Chase Financial Services from 2003 to 2004.
Michael J. Williams, 51, has been Executive Vice President and Chief Operating Officer since November
2005. Mr. Williams previously served as Fannie Mae’s Executive Vice President for Regulatory Agreements
and Restatement from February to November 2005. 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 Fannie Mae. 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 2008 or with respect to 2008 and on written
representations from our directors and officers, we believe that all of our directors and officers timely filed all
required reports and reported all transactions reportable during 2008.
Item 11. Executive Compensation
COMPENSATION DISCUSSION AND ANALYSIS
Our Named Executives for 2008
In accordance with SEC rules, this section discusses compensation decisions relating to our Chief Executive
Officer and Chief Financial Officer, each person who served in one of those roles during 2008, our next three
most highly compensated executive officers during 2008 who continued to serve as executive officers at the
end of 2008, and two former officers who were among our most highly compensated executive officers during
2008. We refer to these individuals as our named executives. Because our 2008 executive compensation
arrangements for our named executives vary depending on whether the executives joined Fannie Mae in 2008,
served as executive officers throughout 2008, or ceased serving as executive officers during 2008, we identify
our named executives below according to these three groups.
Our named executives for 2008 are:
Executives who joined Fannie Mae in 2008:
• Herbert M. Allison, Jr., President and Chief Executive Officer
• David M. Johnson, Executive Vice President and Chief Financial Officer
Executives who joined Fannie Mae prior to 2008 and who continue to serve as executive officers:
• Kenneth J. Bacon, Executive Vice President—Housing and Community Development
• David C. Hisey, Executive Vice President and Deputy Chief Financial Officer (served as Chief Financial
Officer from August 2008 to November 2008 and as Controller from January 2005 to August 2008)
• Thomas A. Lund, Executive Vice President—Single-Family Mortgage Business
• Michael J. Williams, Executive Vice President and Chief Operating Officer
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