Bloomberg News

Freddie Mac Replaces Chairman as CEO Haldeman Plans to Step Down

October 26, 2011

Oct. 26 (Bloomberg) -- Freddie Mac, the mortgage finance firm controlled by the U.S., said Chief Executive Officer Charles E. Haldeman will step down and named Christopher S. Lynch to replace John Koskinen as non-executive chairman.

Lynch is a Freddie Mac board member and former partner at KPMG LLP, according to a statement today from the Federal Housing Finance Agency, which oversees McLean, Virginia-based Freddie Mac. Haldeman “recently informed the board of his desire to step down some time in the coming year,” according to the statement.

To contact the reporter on this story: James Sterngold in New York at jsterngold2@bloomberg.net

To contact the editor responsible for this story: Rick Green at rgreen18@bloomberg.net


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