Rochester, NY 8/21/2009 8:05:38 AM
Freddie Mac FRE , Freddie Mac Chief Operating Officer mission and goal
Freddie Mac
Freddie Mac today report that Bruce M. Witherell, 49, a mortgage industry veteran, has been appointed chief operating officer effective September 14, 2009. In that position, he will oversee and ensure effective integration across the company's three business lines Single Family Credit Guarantee, Multifamily Sourcing and Investments and Capital Markets as well as its Operations and Technology division. Wither ell will report to Chief Executive Officer.
To accomplish Freddie Mac's mission and business goals, we must make sure that the company is running at the highest levels of efficiency and operational excellence," Haldeman said. "I have asked Bruce an experienced executive with demonstrated expertise in mortgages and capital markets, superb leadership skills and management experience to join Freddie Mac's strong management team and help us execute our many functions and focus on the right objectives. Bruce has an impressive track record of success and I am thrilled to have him join our team."
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