Three Fannie Mae Executives Stepping Down

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00005803-three-fannie-mae-executives-stepping-down/

Three executives are stepping down from their positions at Fannie Mae as the mortgage giant deals with major financial reporting problems, a company spokesman said Monday.

The employees, all senior vice presidents, will move into temporary advisory roles “as the company works through the restatement and re-audit,” said spokesman Chuck Greener.

He identified them as Jonathan Boyles, senior vice president for accounting and tax policy; Janet Pennewell, senior vice president for financial reporting; and Sam Rajappa, senior vice president for operations risk.

For this complete story, please visit Three Fannie Mae Executives Stepping Down.

Three Fannie Mae Executives Stepping Down

Unknown Author

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