Fannie Mae names new VP and CFO
Washington, D.C., United States (AHN) – Fannie Mae has named Susan R. McFarland as the company’s new executive vice president and chief financial officer (CFO) effective July 11, 2011.
McFarland previously worked with Capital One Financial Corporation, where she served as executive vice president, Finance and Principal Accounting Officer. In her new role she will serve on Fannie Mae’s executive committee and report to Michael J. Williams, president and chief executive officer (CEO).
“Susan is an outstanding addition to our management team as we continue to strengthen Fannie Mae’s business and position the company to most effectively serve the market in the future,” said Michael J. Williams, president and CEO. “She has a proven record of accomplishment in consumer and retail financial services; seasoned leadership abilities; and strong business instincts which have been proven time and again.”
In her most recent role as EVP, Finance and Principal Accounting Officer at Capital One, McFarland led a team of 500 professionals and placed high priority on talent development and management.
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