General World News

Freddie Mac elects Lance Drummond as next board chair

Freddie Mac announced Tuesday that Lance Drummond will be the chair of its board of directors due to Sara Mathew’s retirement in February 2024, as required by the company’s bylaws. 

Drummond, who joined the board in 2015, is currently the chair of the compensation and human capital committee. He also serves as a member of the executive, audit and operations and technology committees.

Sandra Thompson, director of the Federal Housing Finance Agency, said in a statement that Drummond “has established himself as a talented director who cares deeply about Freddie Mac’s mission details ⇒

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