Timothy J. Mayopoulos is Fannie Mae's President and Chief Executive Officer (CEO), and a member of the company's Board of Directors.
Mr. Mayopoulos joined Fannie Mae shortly after it was placed in conservatorship during the financial crisis, and he has played an integral role in the successful recovery of the company. As President and CEO, Mr. Mayopoulos is focused on sustaining Fannie Mae’s efforts to support the U.S. mortgage market and on driving the company's contributions to creating a better housing finance system for the future. Under his leadership, Fannie Mae has made great strides in transferring credit risk to private capital to better protect taxpayers. Fannie Mae is committed to serving its customers and the market with solutions that promote sustainable homeownership. The company is creating new tools – and enhancing its existing foundational resources – to support lenders. Fannie Mae has also continued to play a major role in providing mortgage credit, assisting troubled homeowners, building a strong new book of business, and paying taxpayers for their investment in the company. As of December 31, 2015, Fannie Mae will have paid dividends of $144.8 billion to the U.S. Treasury on its investment in the company, compared to the $116.1 billion of assistance the company has received from Treasury.
Mr. Mayopoulos brings more than 25 years of experience to his leadership post. He joined Fannie Mae in April 2009 as Executive Vice President, General Counsel, and Corporate Secretary, and in 2010 he was appointed Chief Administrative Officer. Prior to joining Fannie Mae, Mr. Mayopoulos was Executive Vice President and General Counsel of Bank of America Corporation. Previously, he served in senior management roles at Deutsche Bank AG, Credit Suisse First Boston, and Donaldson, Lufkin & Jenrette, Inc. He is a graduate of Cornell University and the New York University School of Law. Mr. Mayopoulos serves on the Board of Directors of Science Applications International Corporation (SAIC), a technology and engineering company based in McLean, Virginia.