Fannie Mae announced it appointed finance and technology entrepreneur George Haywood to its Board of Directors.

Haywood is appointed to the compensation committee and the strategic initiatives and technology committee.

“We are delighted to welcome George to the Fannie Mae Board of Directors,” said Egbert Perry, Fannie Mae chairman of the Board. “With his extensive investment experience in finance and technology and his keen ability to identify and develop emerging business opportunities, George will bring valuable and actionable insights to Fannie Mae.”

Haywood began his career as a self-employed private investor in 1998, however before that he was the director of corporate and high yield bond investments for Moore Management, a hedge fund management firm.

Before that, Haywood worked at Lehman Brothers as a corporate bond trader, then as managing director head of corporate bond trading, and then as managing director and proprietary trader.

Haywood is currently a member of the Board of Directors of Denny’s Corporation, where he serves as a member of the audit and finance committee. He was previously a member of the board of directors of XM Satellite Radio Holdings from 2004 to 2006, where he served as a member of the finance committee.

“George Haywood is another outstanding addition to our exceptional Board of Directors,” said Timothy Mayopoulos, Fannie Mae president and CEO. “Throughout his career he has demonstrated clear financial prowess, diverse entrepreneurial talents, and strong leadership qualities, complementing those of his peers on the Board.”

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