The board of directors of Freddie Mac has named Charles E. Haldeman, Jr. chief executive officer and a member of the board of directions. Until June 30, Haldeman was chairman of Putnam Investments, and previously president and CEO of the firm.
Haldeman succeeds John A. Koskinen, who has been interim CEO since March 2009 and who will return to his previous position as non-executive chairman of the board.
“I am delighted to have an executive of Ed’s caliber leading Freddie Mac at this critical time,” Koskinen said. “He has a wealth of experience in finance and an impressive record of successfully leading companies through challenging transformations. His commitment will serve Freddie Mac well as it emerges from this challenging economic environment and continues to play a leading role in preserving homeownership for America’s families.”