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Tuesday, 03/29/2022 2:39:33 PM

Tuesday, March 29, 2022 2:39:33 PM

Post# of 869561
16-Year Fannie Mae Veteran Gives Notice

Tues March 29, 2022 - dhollier@imfpubs.com



Kimberly Johnson, Fannie Mae’s executive vice president and highly regarded chief operating officer, is departing the mortgage giant, effective April 25, according to documents filed Tuesday with the Securities and Exchange Commission.

Johnson has been with the enterprise nearly 16 years, previously serving as chief risk officer and head of multifamily capital markets. Before joining Fannie in 2006, she spent six years at Credit Suisse, eventually serving as director of fixed income sales.

In February 2021, Johnson joined the board of drug maker Eli Lilly and Co.

With her departure, she joins an exodus of experienced senior executives who have parted ways with the government-sponsored enterprise over the past two years. Among them: Andrew Bon Salle, Fannie’s former head of single-family, left in late 2020 to chair Home Point Capital. In early 2021, Chief Risk Officer John Forlines and Internal Audit VP Noelle Lipscomb left Fannie to join him.

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