Freddie Mac (FMCC) revises CFO Whitlinger’s fixed and at-risk deferred pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Federal Home Loan Mortgage Corporation (Freddie Mac) reported a change in compensation for its Executive Vice President and Chief Financial Officer, James Whitlinger. The U.S. Federal Housing Finance Agency, acting as Conservator, approved updates under Freddie Mac’s Executive Management Compensation Program.
Whitlinger’s base salary remains at $600,000, while his fixed deferred salary is set at $1,535,000 and his at-risk deferred salary at $915,000, effective January 1, 2026. These amounts reflect how much of his pay is deferred and how much depends on performance or other conditions.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What executive compensation change did Freddie Mac (FMCC) disclose for its CFO?
Freddie Mac disclosed that CFO James Whitlinger’s compensation now includes a $600,000 base salary, $1,535,000 in fixed deferred salary, and $915,000 in at-risk deferred salary. These adjustments are effective January 1, 2026 under the Executive Management Compensation Program.
Who approved the new compensation for Freddie Mac (FMCC) CFO James Whitlinger?
The U.S. Federal Housing Finance Agency (FHFA), acting as Conservator, approved the new compensation for Freddie Mac’s CFO. This oversight reflects the agency’s conservatorship role and its authority over executive pay at the company, including deferred and at-risk components.
What is the base salary for Freddie Mac (FMCC) CFO after the change?
James Whitlinger’s base salary remains $600,000 after the compensation changes. The update focuses on deferred and at-risk components, leaving his regular cash salary unchanged while adjusting longer-term and performance-linked elements effective January 1, 2026.
What are the fixed and at-risk deferred salary amounts for the Freddie Mac (FMCC) CFO?
The fixed deferred salary for Freddie Mac CFO James Whitlinger is $1,535,000, and the at-risk deferred salary is $915,000. Both figures, approved by FHFA as Conservator, are effective January 1, 2026 under the Executive Management Compensation Program.
When do the new compensation terms for Freddie Mac (FMCC) CFO take effect?
The new compensation terms for Freddie Mac CFO James Whitlinger take effect on January 1, 2026. From that date, his pay structure includes the unchanged $600,000 base salary plus the revised fixed and at-risk deferred salary components approved by FHFA.