Fannie Mae's CFO to Retire, No Successor Announced
By: Tory Barringer
Fannie Mae’sCFO is planning to retire from the company by the end of the June, the GSE said in a filing with the Securities and Exchange Commission (SEC).
According to the filing, Susan McFarland, who also serves as EVP at Fannie Mae, “notified the company that she will retire … after a transition period that will begin on the effective date of the appointment of a new Chief Financial Officer by our Board of Directors and end no later than June 30, 2013.”
McFarland joined Fannie Mae in July 2011 and has played a role in managing the company’s relationships with government and regulatory agencies, analysts, and banks. She also leads financial planning and analysis, including resource allocation, modeling and analytics, the controller’s office, finance systems and services, and strategic analytics.
Prior to joining Fannie Mae, she was with Capital One, where she led a 500-person team responsible for accounting, tax, procurement, and planning.
No plans for her successor have been announced at this time.
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