Fannie Mae, Washington, D.C., announced Board Chair Sheila C. Bair and CEO Hugh R. Frater will resign effective May 1. The Board elected Michael J. Heid to succeed Bair and appointed Fannie Mae President David Benson as Interim CEO and Board member.
Fannie Mae, Washington, D.C., announced Board Chair Sheila C. Bair and CEO Hugh R. Frater will resign effective May 1. The Board elected Michael J. Heid to succeed Bair and appointed Fannie Mae President David Benson as Interim CEO and Board member.