Timothy J. Mayopoulos is President and Chief Executive Officer of Fannie Mae, one of the largest providers of mortgage credit in the United States. Mr. Mayopoulos joined Fannie Mae in 2009, after the company was placed in conservatorship during the financial crisis. He initially served as Fannie Mae’s General Counsel, and in 2010 was named Chief Administrative Officer. He was promoted to CEO in June 2012, and in that role has led the company’s support of the U.S. housing market and its efforts to create a better housing finance system for the future. Under Mr. Mayopoulos’ leadership, Fannie Mae has returned to profitability, resulting in the company paying $162.7 billion in dividends to the U.S. Treasury as of June 30, 2017.
Mr. Mayopoulos brings more than 25 years of experience to his leadership post. Before joining Fannie Mae, he was General Counsel of Bank of America, held senior management positions at Donaldson, Lufkin & Jenrette, Credit Suisse First Boston, and Deutsche Bank, and practiced law at Davis Polk & Wardwell. He is a graduate of Cornell University and the New York University School of Law. Mr. Mayopoulos serves on the Board of Directors of Science Applications International Corporation (SAIC), a technology and engineering company based in McLean, Virginia, and on the Board of Directors of Lending Club, a peer-to-peer lending company headquartered in San Francisco, California.