Fannie Names New Board Member

John K. Wulff, the non-executive chairman of the board of Hercules Inc., a manufacturer and supplier of specialty chemicals, has been elected to Fannie Mae's board of directors.Fannie Mae said Mr. Wulff will fill the unexpired term of Anne Mulcahy, who resigned in October. Mr. Wulff, who was a member of the Financial Accounting Standards Board from July 2001 to June 2003, has been appointed to the Fannie Mae board's Audit and Compensation Committee. Fannie Mae can be found on the Web at http://www.fanniemae.com.