Freddie Mac 2011 Annual Report Download - page 346

Semi- Monthly Base Salary, Deferred Base Salary and those amounts associated with the first installment of the 2011 TO
and the second installment of the 2010 TO.
Table 83 — 2011 Target TDC Compared to the Approved 2011 Actual TDC
Named Executive Officer
2011
Semi-Monthly
Base Salary Target Actual Target Actual Target Actual
2011 Deferred Base Salary
Target Opportunity
(2011 1st Installment and
2010 2nd Installment) Total
(1)
Mr. Haldeman . . . . . . . . . . . . . . . . . . . . $900,000 $3,100,000 $2,898,500
(2)
$2,000,000 $ — $6,000,000 $3,798,500
Mr. Kari . . . . . . . . . . . . . . . . . . . . . . . . 675,000 1,658,333 1,550,542 1,166,667 988,771 3,500,000 3,214,313
Mr. Renzi . . . . . . . . . . . . . . . . . . . . . . . 473,864 1,185,227 1,108,188 590,909 447,223 2,250,000 2,029,275
Mr. Weiss . . . . . . . . . . . . . . . . . . . . . . . 450,000 1,016,667 950,583 695,833 618,732 2,162,500 2,019,315
Ms. Wisdom . . . . . . . . . . . . . . . . . . . . . 425,000 741,667 693,458 544,848 484,223 1,711,515 1,602,681
(1) The table does not include the second installment of each Named Executive Officer’s 2011 TO that is scheduled to be paid in March 2013.
(2) Mr. Haldeman will forfeit any earned but unpaid Deferred Base Salary when he leaves the company.
Named Executive Officer Individual Performance Objectives
Each Named Executive Officer is a member of the Management Committee, a group of our senior-most officers. In
addition to shared corporate objectives, each Named Executive Officer also had individual performance objectives which
are generally established at the beginning of the year by Mr. Haldeman or, in the case of Mr. Haldeman, the Board. The
chart below describes those individual performance objectives, as well as the level of achievement against those
objectives. Certain of the individual performance objectives were either corporate performance objectives or supported
achievement of one or more of the corporate performance objectives. Achievement against the corporate performance
objectives is discussed above in “Determination of the Performance-Based Portion of Deferred Base Salary” and
“Determination of Actual Target Opportunity.” The level of achievement against each Named Executive Officer’s
individual performance objectives is evaluated using two considerations — business results and leadership effectiveness —
which are given equal weight.
341 Freddie Mac