Federal National Mortgage Association
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Financials : Thrifts & Mortgage Finance | Small Cap Value
Company profile

Federal National Mortgage Association is a government-sponsored enterprise chartered by Congress. The Company serves as a source of liquidity for purchases of homes and financing of multifamily rental housing, as well as for refinancing existing mortgages. It operates through two segments: Single-Family and Multifamily. Its Single-Family and Multifamily segments engage in business activities that provide liquidity to the mortgage market and manage the availability and affordability of housing in the United States. The Single-Family segment operates in the secondary mortgage market relating to loans secured by properties containing four or fewer residential dwelling units. The Multifamily segment operates in the secondary mortgage market relating primarily to loans secured by properties containing five or more residential units. The Company funds its business primarily through the issuance of short-term and long-term debt securities in the domestic and international capital markets.

Closing Price
$2.00
Day's Change
0.03 (1.52%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.00
Day's Low
1.90
Volume
(Average)
Volume:
1,933,433

10-day average volume:
1,952,235
1,933,433

UPS Announces Executive Leadership Team Changes

4:07 pm ET August 26, 2020 (Globe Newswire) Print

UPS (NYSE:UPS) today announced the appointment of Nando Cesarone to President, U.S. Operations and Scott Price to President, UPS International.

Nando Cesarone previously served as President UPS International and in that role led the company's business operations in more than 220 countries and territories outside of the U.S. Prior to that, he served as President of UPS's European operations, leading UPS Europe to record business performance during the company's five-year investment program. Cesarone also served as President of the Asia Pacific Region.

Cesarone will now also be able to take his extensive international experience to drive greater cross-border success for our U.S. customers expanding into overseas markets. Nando succeeds George Willis, who has chosen to retire for personal and family reasons. George served in a series of roles of increasing responsibility over the course of his successful 36-year career at the company.

In leading UPS International, Scott Price will bring the global operational perspectives he has gained from being responsible for strategic planning, Global Business Services and the company's Advanced Technology Group, as well as having lived and worked abroad in Europe and Asia for most of his career. He has proven expertise running our strategy and transformation efforts in identifying and executing opportunities for profitable growth within existing business units, and in new markets and product segments. He has the breadth of perspective needed to create the highest strategic benefit for UPS and its customers in order to drive greater shareholder value.

Prior to UPS, Scott served as Executive Vice President of Global Leverage for Walmart International and President and Chief Executive Officer of Walmart Asia. Scott also held executive leadership roles in international positions at DHL Express Europe and at the Coca-Cola Company in both Japan and China.

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America's Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Forbes Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at ups.com/longitudes The company's sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter. To get UPS news direct, follow @UPS_News on Twitter. To ship with UPS, visit ups.com/ship.

UPS Media Relations
404-828-7123
pr@ups.com

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