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Rich McGhee
Fractional CIO/CTO and Strategic Advisor
Elevate Digital
Mr. McGhee has more than 35 years of experience in delivering business strategies and technology solutions, primarily in the financial services sector and has held various CIO/CTO positions. Prior to joining Cognizant and Discover, he was Senior Vice President of Technology in the Credit Loss Management division of Fannie Mae. He led the implementation of a new servicing platform that supported more than 20 million loans that is being reused by FHFA to create new MBS businesses. Mr. McGhee also managed Fannie Mae’s e-commerce group for more than six years, architecting a large-scale business-to-business transaction system with a consumer website. Additionally, as Fannie Mae’s primary contact for federal regulators, Mr. McGhee brings a strong understanding of audit and compliance requirements.
Prior to joining Fannie Mae, Mr. McGhee was a consultant at IBM, and he earned a bachelor’s degree in systems engineering from the University of Virginia, where he concentrated on the application of emerging technologies and built a working prototype of a computer system that can be controlled by severely handicapped individuals.
In his spare time, Mr. McGhee also serves as a mentor to startup businesses in the Chicago metro area including The Garage at Northwestern University.