Fannie Mae names Johnson chief financial officer

Fannie Mae names Johnson chief financial officer

Fannie Mae names former Hartford Financial Chief Financial Officer David Johnson as CFO

NEW YORK (Associated Press) - Fannie Mae said Tuesday it named David Johnson to serve as the mortgage giant's chief financial officer and executive vice president, beginning immediately.

Johnson joins the company from Hartford Financial Services Group, where he served as chief financial officer and executive vice president.

His predecessor at Fannie Mae, Stephen Swad, left the company in August and was temporarily replaced by David C. Hisey, formerly Fannie's senior vice president and controller.

Hisey will stay on in his role as executive vice president and deputy chief financial officer. Hisey joined Fannie Mae in January 2005 as senior vice president and controller.

Incoming CFO Johnson has previously held the post at Cendant Corp. and also worked in the investment banking unit at Merrill Lynch. more