Fannie Mae CEO Stepping Down

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Fannie Mae CEO Stepping Down

Fannie Mae CEO Stepping Down

It has to be an all time record of all the CEO’s that have resigned these last two years.


Bloomberg-

Michael J. Williams has decided to step down as chief executive officer of Fannie Mae (FNMA), the mortgage finance company seized by U.S. regulators in 2008, the company announced.

Washington-based Fannie Mae made the announcement in a filing with the Securities and Exchange Commission. Williams will continue as chief executive officer and president until a successor is named.

[BLOOMBERG]

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