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Priscilla Almodovar
American chief executive (born 1967) From Wikipedia, the free encyclopedia
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Priscilla Almodovar is the president and chief executive officer of Fannie Mae.[3][4]
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Early life and education
Almodovar grew up in Sunset Park, Brooklyn and Freeport, Long Island.[5] She received a bachelor's degree from Hofstra University in 1987.[6] She then received a Juris Doctor from Columbia Law School.[7]
Career
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Almodovar started her career at the New York-based law firm White & Case,[8] where she served as a corporate finance partner for 14 years.[9]
In 2005, she joined Eliot Spitzer's New York gubernatorial campaign as deputy policy director.[10] After the election, Almodovar took leadership of the New York State Housing Finance Agency and the State of New York Mortgage Agency.[11]
In 2010, Almodovar joined JPMorgan Chase as a managing director,[12] and went on to lead two business segments: community development banking and real estate banking.[13][14] In 2016, Affordable Housing Finance identified Almodovar as one of the most influential women in the real estate industry.[15]
Almodovar joined Enterprise Community Partners as its president and chief executive officer in 2019.[16] In 2020, she oversaw the creation of Enterprise's five-year, $3.5 billion affordable housing initiative.[4]
In February 2021, Almodovar joined the board of directors of Vereit, a Phoenix-based real estate investment trust.[17] In November 2021, Realty Income acquired Vereit, and Almodovar joined Reality Income's board.[18]
Almodovar became the chief executive officer of Fannie Mae in 2022.[19] She also joined the board of directors of the government-sponsored enterprise.[20] In 2024, Forbes included her on its Most Powerful Women list, noting that she was the "only Latina leading an S&P 500 company."[21] Fortune included her on its Most Powerful Women list that same year and the next.[22][23] She also assumed the additional title and capacities of president of Fannie Mae that year.[3]
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Personal life
She is married to Eric Dinallo, New York State's superintendent of insurance from 2007 to 2010. They have two children.[9]
References
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