March 02, 2009
or (703) 903-3933
FREDDIE MAC ANNOUNCES RESIGNATION OF CEO DAVID MOFFETT
McLean, VA – Freddie Mac (NYSE: FRE) today announced that its chief executive officer, David Moffett, has notified the chairman of the board of directors of his resignation from his position as chief executive and as a member of the board effective no later than March 13, 2009. The board of directors is working with the Federal Housing Finance Agency (FHFA) to appoint a successor to Moffett.
Moffett indicated that he wants to return to a role in the financial services sector. In his letter of resignation, he said, “I have enjoyed my time as CEO of Freddie Mac and I wish all the great employees the very best in the days to come.”
http://www.freddiemac.com/news/archives/corporate/2009/20090302_moffett-resign.html
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Wonder if he was Bama-ed.
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