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 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 March 31, 2014, Fannie Mae will have paid dividends of $121.1 billion on the $116.1 billion of assistance it has received from the U.S. 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.