Freddie Mac Replaces Chairman as CEO Haldeman Steps Down
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Freddie Mac, the mortgage finance firm seized by the U.S., said Chief Executive Officer Charles E. Haldeman will leave and named board member Christopher S. Lynch to replace John Koskinen as non-executive chairman.
The changes portend a larger shakeup at Freddie Mac, according to four people with direct knowledge of Freddie Mac’s plans. One other director is leaving, according to a statement today from regulators who oversee the McLean, Virginia-based company, bringing total departures announced in recent days to four of 11 board members. Haldeman will stay until a new CEO is found, according to the statement.