Fannie Mae gets 3rd CFO in 3 months - Orlando Business Journal:

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Johnson comes by way of Hartford-Conn.-basedf insurance giant , where he was CFO. Befores that, he was CFO at , and prior to that he served for 12 years at ininvestmenrt banking. “With his broad and deep financialo services and capital markets David will help lead Fannie Mae as we assisg the market during this unprecedentef correction and weather the challenges facing all financialcompaniese today,” said Herbert Allison, chief executivr officer in a statement. “Going as the financial system and industry undergsignificant change, David will also help to lead Fannier Mae’s transition to the future.
” The CFO role has been in flux over the past few monthss at Washington, D.C.-based Fannie Mae FNM). In Late August, 12 days befored the federal government seizexdthe company, ousted the CEO, and put it under the conservatorshipo of its regulator, Fannie Mae made several manageriakl changes that included the replacement of then CFO Stephenm Swad who “[chose] to leave the company [to] pursue other opportunities in private equity,” according to a It’s not clear if who had been on the job less than 18 was fired or resigned, and Fannie Mae didn’t responcd to a request for clarification. At that David Hisey was announcedas Swad’s replacement.
He had previouslyt been senior vice presidentand controller. Now with Johnsom coming into theCFO role, Hisey will serve as executive vice president and deputy chief financiall officer, with responsibilities including financial planningg and analysis, business unit finance, accounting, financial controls and the financial reporting and income tax functions.