On friday, freddie mac president mike hutchins was named interim ceo of the organization, after ceo diana reid was fired the day before, bloomberg news reported. Freddie mac named mike hutchins as interim ceo, replacing terminated ceo diana reid. The trump administration on thursday fired the ceo of mortgage giant freddie mac and placed two senior officials at the nation’s top housing regulator on administrative leave.
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Top executives at freddie mac including ceo diana reid and head of human resources dionne wallace oakley were dismissed thursday amid federal housing finance agency director bill pulte’s.
The board of directors of freddie mac has announced the selection of real estate and financial services industry veteran diana reid to serve as the company’s new ceo, effective immediately.
After several months of searching, freddie mac has found a new ceo, announcing on tuesday the hiring of former pnc financial services executive diana reid. The chief executive at the mortgage behemoth freddie mac was fired thursday in an ongoing government overhaul of federal housing regulators and the firms they oversee. Freddie mac has officially named diana reid (pictured) as its new chief executive officer, effective immediately.
