Federal Home Loan Mortgage Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Mike Hutchins
Chief executive officer
US$3.7m
Total compensation
| CEO salary percentage | 67.4% |
| CEO tenure | 3.4yrs |
| CEO ownership | n/a |
| Management average tenure | 3.4yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$4m | US$3m | -US$166m |
| Sep 30 2023 | n/a | n/a | -US$44m |
| Jun 30 2023 | n/a | n/a | US$156m |
| Mar 31 2023 | n/a | n/a | US$168m |
| Dec 31 2022 | US$4m | US$3m | US$342m |
| Sep 30 2022 | n/a | n/a | US$389m |
| Jun 30 2022 | n/a | n/a | US$218m |
| Mar 31 2022 | n/a | n/a | US$220m |
| Dec 31 2021 | US$3m | US$2m | US$489m |
| Sep 30 2021 | n/a | n/a | US$858m |
| Jun 30 2021 | n/a | n/a | US$862m |
| Mar 31 2021 | n/a | n/a | US$633m |
| Dec 31 2020 | US$3m | US$2m | US$35m |
| Sep 30 2020 | n/a | n/a | -US$212m |
| Jun 30 2020 | n/a | n/a | -US$365m |
| Mar 31 2020 | n/a | n/a | -US$524m |
| Dec 31 2019 | US$3m | US$2m | -US$573m |
| Sep 30 2019 | n/a | n/a | -US$1b |
| Jun 30 2019 | n/a | n/a | -US$810m |
| Mar 31 2019 | n/a | n/a | US$428m |
| Dec 31 2018 | US$3m | US$2m | US$4b |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$945m |
| Mar 31 2018 | n/a | n/a | -US$295m |
| Dec 31 2017 | US$3m | US$2m | -US$3b |
Compensation vs Market: Mike's total compensation ($USD3.74M) is below average for companies of similar size in the US market ($USD6.59M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Hutchins (67 yo)
3.4yrs
Tenure
US$3,736,282
Compensation
Dr. Michael Thomas Hutchins, Ph.D. also known as Mike, serves as the President at Federal Home Loan Mortgage Corporation (formerly known as, Freddie Mac) since December 28, 2020 and served as its Interim P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.4yrs | US$3.74m | no data | |
| Executive VP & CFO | 3.8yrs | US$3.61m | no data | |
| Executive VP & General Counsel | 2.1yrs | US$2.63m | no data | |
| Executive VP & Chief Risk Officer | 8.8yrs | US$2.82m | no data | |
| Executive VP of Enterprise Operations & Technology | 6.3yrs | no data | no data | |
| Executive VP & Chief Administrative Officer | 13.7yrs | US$2.34m | no data | |
| Senior VP of External Relations & Corporate Communications | no data | no data | no data | |
| Senior VP & Chief Compliance Officer | 1.6yrs | no data | no data | |
| Interim Head of Production & Sales | 1.9yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 2.6yrs | no data | no data | |
| VP & Chief Economist | 6yrs | no data | no data | |
| Senior Vice President of Underwriting & Credit | 1.7yrs | no data | no data |
3.4yrs
Average Tenure
59yo
Average Age
Experienced Management: FMCC.P's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$3.74m | no data | |
| Independent Non-Executive Chairman | 8.8yrs | US$180.00k | no data | |
| Independent Director | 4.2yrs | US$168.97k | no data | |
| Independent Director | 3.6yrs | US$170.00k | no data | |
| Independent Director | 5.3yrs | US$185.00k | no data | |
| Independent Director | 2.2yrs | US$160.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.2yrs | US$170.00k | no data | |
| Independent Director | 6.3yrs | US$175.00k | no data | |
| Independent Director | 4.5yrs | US$173.18k | no data | |
| Independent Director | 4.4yrs | US$170.00k | no data | |
| Independent Director | 6.1yrs | US$170.00k | no data |
4.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: FMCC.P's board of directors are considered experienced (4.3 years average tenure).