Fannie Mae appoints third FD this year

Fannie Mae, the US mortgage giant that was recently bailed out by the US government, has appointed its third finance director this year.

David Johnson will serve the company's executive vice president and CFO, effective immediately.

Johnson will serve in a broadened role as chief financial officer, the company said. In August, Stephen Swad left the company, and was replaced by David Hisey, who had been Fannie's senior vice president and controller.

Johnson was previously executive vice president and finance chief at Hartford Financial Services Group, a company he joined in 2001 and resigned from earlier this year. Prior to Hartford, he had been CFO at Cendant Corp., which he had helped take public earlier in his career, when he was an investment banker at Merrill Lynch.
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Fannie Mae Taps CFO: Former Hartford Finance Chief David Johnson