Skip to main content

Housing crisis, recession challenge multi-housing CEO

In late career shift to nonprofit, Doug Bibby brought corporate experience while retaining his interest in affordable housing. Doug Bibby said he “just had burned out” after 16 years at mortgage giant Fannie Mae. Though he described a “wonderful career” there, he left in 2000 and took six months off. “I began to drive my wife absolutely batty… [and] that was enough. I just missed running things,” he said. Too young to retire in his early sixties, he approached an executive recruiter in early 2001 and said, “I’m available, but I’d like to run a nonprofit,” a move that landed him at the National Multi Housing Council. Bibby said he had served on many nonprofit boards… Read More