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Julie St. John, Fannie Mae
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In 2001, Washington-based Fannie Mae handled
completed residential mortgage transactions totaling
$1.6 trillion, up from $800 billion in 2000. That,
coupled with a $402 million IT budget, makes CTO
Julie St. John a major force with vendors within the
mortgage finance industry and in the lives of millions
of Americans.
St. John, who oversees some 1,800 employees, is
now working toward her CEO's key goals: for Fannie
Mae to become totally based on ecommerce by 2003
and to become a $2 trillion operation by 2010. To
that end, the CTO secured corporate backing in July
2001 for an end-to-end upgrade of the company's
core processing infrastructure. St. John also took on
another project -- the corporate culture.
"This infrastructure project represents a tremendous stretch for the
organization, but one that I believe is necessary to position us for future
success," St. John says.
St. John eschewed the company's traditional silo structure, combining the
mortgage operations and IT staff and establishing an infrastructure upgrade
project team populated with executives and senior staff from across business,
systems, and operations organizations.
-- L.W.P.
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Related Links |
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25 Most Influential CTOs 2002 - InfoWorld honors executives with the leadership and vision to find a path out of difficult times
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Gene Rogers, Boeing
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Randy McCoy, CheckFree
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Kevin Vasconi, Covisint
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Dawn Meyerriecks, DISA
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Terry Milholland, EDS
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Julie St. John, Fannie Mae
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Norman Lorentz, Federal Government (OMB)
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Larry Biagini, General Electric
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Tony Scott, General Motors
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Duane Ebesu, Housing Works
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Mark Halstead, Keen
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Wade Hennessey, Kontiki
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Allan McLaughlin, LexisNexis
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John McKinley, Merrill Lynch
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Alex Zoghlin, Orbitz
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Max Levchin, PayPal
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Rodric O'Connor, Putnam Lovell
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Gerhard Eschelbeck, Qualys
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Mike Sayers, Reuters
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Dave Moellenhoff, Salesforce.com
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Phil Wiser, Sony Music Entertainment
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Phyllis Michaelides, Textron
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Jim Barton, TiVo
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Peter Tippett, TruSecure
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Rob Robless, United Air Lines Loyalty Services
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