Fannie Mae Appoints Katie Jones as Chief Human Resources Officer

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Fannie Mae Appoints New Chief Human Resources Officer

Fannie Mae (OTCQB: FNMA) has appointed Katie Jones as Senior Vice President and Chief Human Resources Officer, effective August 1, 2022. With over 30 years of experience in HR within the financial services, Jones aims to enhance talent strategy and foster a diverse workplace. Her prior roles include top HR positions at PRA Group and SunTrust Bank. The leadership change is expected to strengthen the company's ability to attract and support talent, aligning with its mission to serve renters and homeowners effectively.

Positive

• Katie Jones brings over 30 years of HR experience to Fannie Mae.
• Appointment expected to enhance talent acquisition and diversity initiatives.

Negative

• Potential concerns regarding continuity in leadership transition.

Experienced Human Resources Executive with Financial Services Background Joins Fannie Mae to Drive Enterprise Human Resources and Talent Strategy

WASHINGTON, July 21, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today it has appointed Katie Jones as Senior Vice President and Chief Human Resources Officer (CHRO), effective August 1, 2022. In this role, Jones will be a member of Fannie Mae's Management Committee and oversee the company's Human Resources function responsible for designing and delivering a comprehensive enterprise-wide strategy to attract, retain, engage, and develop talent and support business and strategic priorities.

"We are pleased to welcome such an accomplished executive to the Fannie Mae leadership team. With more than 30 years of Human Resources experience in the financial services sector, Katie is exceptionally well positioned to cultivate Fannie Mae as a destination for top talent and a great place to work. Katie will play a critical role in ensuring we continue to attract, develop, and support our people and positively impact renters and homeowners," said David C. Benson, President and Interim Chief Executive Officer, Fannie Mae.

Jones will provide leadership on all aspects of Fannie Mae's human resources strategy. She will also partner with others across the enterprise, including Fannie Mae's Office of Minority and Women Inclusion (OMWI), to ensure the company's comprehensive HR strategy continues to promote a diverse and inclusive workplace.

"Fannie Mae is a top-class organization with exceptional values and a people-first culture. It's a privilege to join the team during this exciting time for the company," said Katie Jones. "I look forward to being part of Fannie Mae's mission to meet the evolving needs of the country's renters and homebuyers while the organization continues to grow as an employer of choice, particularly as we focus on a new way of working."

Jones most recently served as Senior Vice President and Chief Human Resources Officer at PRA Group, a global financial services firm with approximately 5,000 employees and clients and customers across 18 countries. Prior to PRA Group, Jones held Senior Vice President positions at SunTrust Bank, AIG, and Crestar Bank. In these roles, she led national and global Human Resources functions, including talent acquisition, talent management, learning and development, succession planning, HR systems, total rewards, diversity and inclusion, and organizational design.

About Fannie Mae
Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible. To learn more, visit:
fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog

Fannie Mae Newsroom
https://www.fanniemae.com/news

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Fannie Mae Resource Center
1-800-2FANNIE (800-232-6643)

View original content:https://www.prnewswire.com/news-releases/fannie-mae-appoints-katie-jones-as-chief-human-resources-officer-301591082.html

SOURCE Fannie Mae

FAQ

What is the significance of Katie Jones's appointment at Fannie Mae (FNMA)?

Katie Jones's appointment as CHRO is significant as she brings extensive HR experience that is expected to improve talent strategy and workplace diversity at Fannie Mae.

When did Katie Jones start her role at Fannie Mae (FNMA)?

Katie Jones officially commenced her role as Chief Human Resources Officer on August 1, 2022.

What prior experience does Katie Jones have before joining Fannie Mae (FNMA)?

Prior to Fannie Mae, Katie Jones served as CHRO at PRA Group and held senior HR positions at SunTrust Bank, AIG, and Crestar Bank.

How might Katie Jones's appointment affect Fannie Mae (FNMA) employees?

Her appointment may positively affect Fannie Mae employees by enhancing talent acquisition efforts and promoting a more inclusive workplace culture.