Fannie Names New EVP/CFO

Fannie Mae has appointed David M. Johnson to serve as its executive vice president and chief financial officer. Mr. Johnson previously was EVP and CFO at Hartford Financial Services Group, Hartford, Conn. David C. Hisey, who stepped up from his post as senior vice president and controller to temporarily take the CFO post when previous EVP/CFO Stephen Swad left the company in late August, will be Fannie's deputy CFO and EVP. "David Hisey has done a terrific job leading our financial team through Fannie Mae's transition to conservatorship and during our most recent filing," Fannie CEO Herb Allison said. "Through this period of great change, David has been a rock - for the front office, the financial team and the company - and we appreciate his leadership of our financial team. His deep knowledge and experience in financial matters related to the mortgage market will continue to be critical to the company as we move ahead through this period."