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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 25, 2019

Federal Home Loan Mortgage Corporation

 

(Exact name of registrant as specified in its charter)

Freddie Mac

Federally chartered
corporation

 

001-34139

 

52-0904874

(State or other jurisdiction of

incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

8200 Jones Branch Drive

McLean, Virginia

22102-3110

(Address of principal executive offices)

 

 

 

(Zip Code)

Registrant’s telephone number, including area code: (703) 903-2000

Not applicable

 

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

         

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

         

None

 

N/A

 

N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 26, 2019, Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation) issued a press release announcing that Mark H. Bloom has been elected to Freddie Mac’s Board of Directors (the Board), effective November 25, 2019. Mr. Bloom brings technology leadership and risk management expertise to the Board and will serve on the Compensation and Human Capital and Risk Committees.

A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Mr. Bloom, 55, is the Global Chief Technology Officer and a member of the Management Board of Aegon N.V., a multinational life insurance, pensions, and asset management company. Mr. Bloom previously held various positions at Citigroup, Inc. from 2007 to 2016, including Managing Director, Head of Global Consumer Technology Delivery Services, where he was responsible for digital, data, and operations technology solutions and innovations. Prior to that, Mr. Bloom held various positions at JPMorgan Chase & Company from 2001 to 2007, including Senior Vice President, Chase Home Financial Technology, and he was Senior Vice President, eBusiness Solutions at CACI International, Inc. from 1999 to 2001.

Mr. Bloom will receive compensation as a non-executive director of Freddie Mac as described in Freddie Mac’s Annual Report on Form 10-K filed on February 14, 2019 (2018 Annual Report).

Freddie Mac will enter into an indemnification agreement with Mr. Bloom, effective as of November 25, 2019. A copy of the form of indemnification agreement is filed as Exhibit 10.1 to Freddie Mac’s Current Report on Form 8-K filed on November 27, 2017 and is incorporated herein by reference. For a description of this indemnification agreement, see Freddie Mac’s 2018 Annual Report.

Item 9.01. Financial Statements and Exhibits.

      (d) Exhibits.

The exhibits listed in the Exhibit Index below are being filed as part of this Current Report on Form 8-K.

 

  Exhibit Number    

 

 

Description of Exhibit

 

     

  10.1

 

Form of Indemnification Agreement between the Federal Home Loan Mortgage Corporation and Outside Directors (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on November 27, 2017) †

 

     

  99.1

 

Press Release, dated November 26, 2019, issued by Freddie Mac

 

     

  104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

This exhibit is a management contract or compensatory plan, contract, or arrangement.

 

Freddie Mac Form 8-K


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FEDERAL HOME LOAN MORTGAGE CORPORATION

 

         

By:

 

/s/ David M. Brickman

 

            

 

David M. Brickman

 

 

Chief Executive Officer

 

Date: November 26, 2019

 

Freddie Mac Form 8-K