Freddie Mac Board Compensation Schedule Approved by Federal Housing Finance Agency
This document outlines the cash compensation schedule for non-executive directors of Freddie Mac, as approved by the Federal Housing Finance Agency in its role as Conservator. It specifies annual retainers for the non-executive chairman, other non-executive directors, and additional payments for serving as chairs or members of various board committees. The compensation terms take effect upon a director’s appointment to the board.
Exhibit 10.1
Board Compensation Schedule
The Federal Housing Finance Agency, as Conservator of Freddie Mac, approved the following compensation schedule for non-executive directors. The compensation is effective as of the date of a director’s appointment to the Board of Directors. All compensation will be in cash.
Board Service | ||||
Annual Retainer for Non-Executive Chairman | $ | 290,000 | ||
Annual Retainer for Other Non-Executive Directors | $ | 160,000 | ||
Committee Service | ||||
Annual Retainer for Audit Committee Chair | $ | 25,000 | ||
Annual Retainer for Business and Risk Committee Chair | $ | 15,000 | ||
Annual Retainer for Committee Chair (other than | $ | 10,000 | ||
Audit and Business and Risk) | ||||
Annual Retainer for Audit Committee Member | $ | 10,000 |
