Federal Home Loan Bank of San Francisco
10/06/2026 | Press release | Distributed by Public on 10/06/2026 15:02
Management Change/Compensation (Form 8-K)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Nevada member director Matthew Hendricksen has informed the Federal Home Loan Bank of San Francisco ("Bank") that, effective October 2, 2026, he is no longer serving as an officer or director of Employers Insurance Company of Nevada, Employers Assurance Company, Employers Compensation Insurance Company, Employers Preferred Insurance Company, or Cerity Insurance Company. As a result, Mr. Hendricksen is ineligible to serve as the Nevada member director on the Bank's Board of Directors ("Board") and has resigned from the Bank's Board, effective October 2, 2026. Under the rules of the Federal Housing Finance Agency, the Bank's Board will be required to select an officer or director, who satisfies all eligibility requirements, of a Bank member located in Nevada to fill the position vacated by Mr. Hendricksen. The current term of that position ends December 31, 2027. Mr. Hendricksen served as Chair of the Board's Technology and Operations Committee, Vice Chair of the Board's Affordable Housing and Community Investment Committee, and as a member of the Board's Compensation and Human Resources Committee, Finance and Strategic Planning Committee, and Member Services and Public Affairs Committee.
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