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Home » Store » Taxable » Freddie Directors Get Boost in Pay for 2005

Freddie Directors Get Boost in Pay for 2005

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Freddie Mac board members can expect a little extra in their paychecks this year as the GSE has quietly decided to boost their compensation for 2005. Starting this year, the annual retainer for outside directors will be $60,000 – a 20 percent increase from the $50,000 they received in 2004. The per-meeting fee also jumped from $1,000 to $1,500 for regular members, and from $2,000 to $2,500 for members of the audit committee. The annual…
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