Leadership change Priscilla Almodovar departed as President and CEO (from President and CEO) · 10-K filed 2026-02-11

Federal National Mortgage Association (Fannie Mae) ·FNMA

Acting CEO retains COO role amid leadership transition

Financial Services · Fortune #27 · Functional structure · 8K employees · Washington, DC

View as of:
8
CEO span
↓ tighter than peers (avg 10)
3.2
Avg span
moderate
3
Max depth
3 levels
2.1 yr
Avg tenure
↓ 1.0yr from FY2024
50%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Net income
$14.4B
Total assets
$4317.5B
Shares out
1.16B

Sourced from Federal National Mortgage Association (Fannie Mae) 10-K · filed 2026-02-11 ↗ View on SEC

Interactive org chart

Federal National Mortgage Association (Fannie Mae) organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Acting CEO Peter Akwaboah also serves as COO, concentrating authority during Fannie Mae’s leadership transition. This page maps the functional org structure, executive team, recent changes, and peer context under conservatorship.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Malloy Evans departed as EVP Single-Family

Left the company effective October 23, 2025.

Source · See change log

Scenario views in the chart

  • Appoint Permanent CEO Separate the CEO and COO roles by appointing a permanent CEO to reduce role concentration.

Atlas work this supports

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  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

9 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

Peter Akwaboah

Acting Chief Executive Officer

Executive

1 yr

11 reports

Peter Akwaboah

Chief Operating Officer

Operations

1 yr

0 reports

internal

Chryssa Halley

Executive Vice President and Chief Financial Officer

Finance

5 yr

1 reports

Erik Bisso

Executive Vice President, Chief Investment Officer

Investments

2 yr

0 reports

Kelly Follain

Executive Vice President, Multifamily

Multifamily

2 yr

0 reports

internal

Anthony Moon

Executive Vice President, Chief Risk Officer

Risk

4 yr

2 reports

John Roscoe

Co-President

Corporate Affairs

1 yr

0 reports

Brandon Hamara

Co-President

Operations

1 yr

0 reports

internal

Thomas L. Klein

Vice President and Acting General Counsel

Legal

3 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.

Peter Akwaboah $5.1M
Base salary
$600K
Bonus
$1.18M
Non-equity incentive
$1.07M
Other
$121K
Fiscal year
FY2025
Chryssa Halley $3.9M
Base salary
$600K
Non-equity incentive
$1.07M
Other
$139K
Fiscal year
FY2025

The businesses

How Federal National Mortgage Association (Fannie Mae) divides the work

4 divisions report into the group CEO. Tile size scales with estimated headcount.

Operations & Shared Services

2K employees

Chief Operating Officer (Peter Akwaboah)

Enterprise operations, technology, HR, and workplace services supporting the mortgage platform.

Finance & Treasury

1K employees

Chief Financial Officer (Chryssa Halley)

Financial reporting, capital management, and enterprise budgeting.

Risk Management

900 employees

Chief Risk Officer (Anthony Moon)

Credit, market, and enterprise risk oversight aligned with FHFA requirements.

Multifamily

2K employees

EVP Multifamily (Kelly Follain)

Multifamily mortgage programs and lender partnerships.

The thesis

Why this org is unusual

Acting CEO Peter Akwaboah simultaneously retains the COO role, an unusual consolidation for a Fortune 30 financial institution.

This dual-hatting concentrates operational and strategic authority during a transition following the October 2025 CEO departure. The org chart shows a functional structure with risk, finance, and operations reporting directly to the CEO, and co-presidents added as a coordination layer rather than divisional P&L heads.
  • CEO also serves as COO
  • Addition of Co-Presidents without divisional P&L

The comparison

How Federal National Mortgage Association (Fannie Mae) stacks up

Compared with peers like Freddie Mac and large banks, Fannie Mae’s structure is more centralized and regulator-influenced. The absence of a permanent CEO and the CEO/COO combination contrasts with peers that separate these roles. Risk and finance have elevated prominence, reflecting conservatorship and …

C-suite size

Federal National Mortgage Association (Fannie Mae)
9

Reporting depth

Federal National Mortgage Association (Fannie Mae)
3 levels
4 levels
5 levels

Avg C-suite tenure

Federal National Mortgage Association (Fannie Mae)
2 yr

Has COO / Has CAIO

Federal National Mortgage Association (Fannie Mae) ✓ COO — no CAIO
Freddie Mac ✓ COO — no CAIO
JPMorgan Chase ✓ COO ✓ CAIO
Bank of America ✓ COO — no CAIO
Wells Fargo ✓ COO — no CAIO

Current signals

What changed recently

Leadership transitioned in October 2025 with the CEO departure and appointment of Peter Akwaboah as Acting CEO.

  • departed
    Malloy Evans EVP Single-Family

    Left the company effective October 23, 2025.

    Source
  • departed
    Priscilla Almodovar President and CEO

    Departed role effective October 22, 2025.

    Source
  • new
    Peter Akwaboah Acting Chief Executive Officer

    Appointed Acting CEO effective October 22, 2025, while retaining COO role.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
10-K filed 2026-02-11
CEO
Priscilla Almodovar
CEO span
7
C-suite
7
Avg tenure
3.4 yr

CEO transition occurred shortly after fiscal year end.

Named executive officers (7)
  • Priscilla Almodovar - President and CEO since 2022
  • Peter Akwaboah - EVP and COO since 2024
  • Chryssa Halley - EVP and CFO since 2020
  • Erik Bisso - EVP, CIO since 2023
  • Kelly Follain - EVP Multifamily since 2023
  • Anthony Moon - EVP, CRO since 2021
  • Malloy Evans - EVP Single-Family since 2021
FY2024
10-K filed 2025-02-14
CEO
Priscilla Almodovar
CEO span
7
C-suite
7
Avg tenure
3.1 yr

Stable executive team under CEO Almodovar.

Named executive officers (5)
  • Priscilla Almodovar - President and CEO since 2022
  • Chryssa Halley - EVP and CFO since 2020
  • Anthony Moon - EVP, CRO since 2021
  • Malloy Evans - EVP Single-Family since 2021
  • Kelly Follain - EVP Multifamily since 2023
FY2023
10-K filed 2024-02-15
CEO
Priscilla Almodovar
CEO span
6
C-suite
6
Avg tenure
2.8 yr

Executive team expanding post-pandemic.

Named executive officers (4)
  • Priscilla Almodovar - President and CEO since 2022
  • Chryssa Halley - EVP and CFO since 2020
  • Anthony Moon - EVP, CRO since 2021
  • Malloy Evans - EVP Single-Family since 2021

Year-over-year changes

FY2024 → FY2025

CEO departure announced after FY2025, prompting acting leadership.

  • CEO span: 7 → 7
  • C-suite size: 7 → 7
  • Avg tenure: 3.1 → 3.4 yr
  • departed Priscilla Almodovar - President and CEO (was President and CEO) (10-K filed 2026-02-11)

Frequently Asked Questions

Who is the CEO of Fannie Mae?

Peter Akwaboah has served as Acting Chief Executive Officer since October 22, 2025.

What type of organizational structure does Fannie Mae use?

Fannie Mae operates a primarily functional structure with centralized oversight of operations, finance, and risk.

How many direct reports does Fannie Mae's CEO have?

The Acting CEO has eight direct reports.

How has Fannie Mae's leadership changed recently?

In October 2025, the CEO departed and the COO, Peter Akwaboah, was appointed Acting CEO.

Does Fannie Mae have a COO?

Yes. Peter Akwaboah serves as Chief Operating Officer while also acting as CEO.

Sources

  • 8-K Filing, Oct 29 2025
  • 8-K Filing, Oct 22 2025
  • SEC EDGAR: Federal National Mortgage Association (Fannie Mae) DEF 14A Proxy Statement
  • SEC EDGAR: Federal National Mortgage Association (Fannie Mae) 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Federal National Mortgage Association (Fannie Mae) organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/fannie-mae/
MLA 9th
"Federal National Mortgage Association (Fannie Mae) Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/fannie-mae/. Accessed .
Chicago 17
Creately. "Federal National Mortgage Association (Fannie Mae) Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/fannie-mae/.
Original SEC source View on SEC ↗
Federal National Mortgage Association (Fannie Mae). 10-K. Filed 2026-02-11. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/310522/000031052226000015/fnm-20251231.htm

Permanent URL: https://creately.com/org-chart/fortune-500/fannie-mae/ · last updated 2026-04-01

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