Fannie Mae’s David Benson To Retire

Two high-level execs at Fannie Mae will retire in the next twelve months, leading to leadership changes, officials at the GSE announced. Fannie Mae President David C. Benson is retiring in 2024, while Chief Administrative Officer Jeffery Hayward will step down at the end of this year. “We’re deeply grateful to both Dave and Jeff for their leadership and decades of service,” said Michael Heid, Chair of Fannie Mae’s Board of Directors. “As they depart, we are implementing our succession plans and streamlining our leadership structure to continue advancing our strategy and our mission to serve homeowners, renters, and the housing market as a whole.” Benson served for 21 years in various roles at Fannie Mae, including Interim CEO, CFO,…