Fannie Mae CIO Resigns; Ingres Hires NYSE CTO as COO
Movers and Shakers
By Meridith Levinson, CIO
DS Newsreported on Monday that Julie St. John (pictured at left) will be leaving Fannie Mae on December 31. A 16 year veteran of the mortgage company, St. John has been leading the restructuring of Fannie Mae’s enterprise systems and operations division as the company’s EVP and CIO. A separation agreement filed with the SEC on Friday, July 7 details the compensation and benefits she’s entitled to receive, which includes 78 weeks of her current base pay, totaling $794,463.
A provider of open source databases hired the former EVP and CTO of the New York Stock Exchange (NYSE) as its president and COO. Roger Burkhardt, 45, joined Ingres on July 11. He is responsible for worldwide sales and marketing as well as the global development and engineering organization. He reports to the Redwood City, Calif.-based company’s chairman and CEO, Terry Garnett. At the NYSE, Burkhardt managed a global team of 2,000 employees. Within a year of joining the exchange in 2000, his team built and deployed the NYSE’s first automatic execution service. He then helped design and launch a new market model that combines elements of the traditional auction market and automated trading.