Fannie Mae CEO Priscilla Almodovar Exits Amid Potential IPO
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Fannie Mae CEO Priscilla Almodovar resigned amid discussions of potential company share sales by the Trump administration. Subsequently, Chief Operating Officer Peter Akwaboah has been appointed as Acting CEO, while John Roscoe and Brandon Hamara were promoted to Co-Presidents. Fannie Mae CEO Priscilla Almodovar has resigned from her position amid ongoing discussions regarding a potential sale of company shares by the Trump administration. Peter Akwaboah, Fannie Mae's Chief Operating Officer, has been appointed as Acting CEO while the board of directors conducts a search for a permanent replacement. Concurrent with.
Key takeaways
- Fannie Mae CEO Priscilla Almodovar has resigned from her position amid ongoing discussions regarding a potential sale of company shares by the Trump administration
- Peter Akwaboah, Fannie Mae's Chief Operating Officer, has been appointed as Acting CEO while the board of directors conducts a search for a permanent replacement
- Concurrent with this change, John Roscoe and Brandon Hamara have been promoted to the roles of Co-Presidents
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