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 government-sponsored enterprise (GSE) had been without a permanent CEO since March, when Michael DeVito retired after three years on the job. Michael Hutchins took over the role on an interim basis at that time and will remain with Freddie Mac as its president.
” data-medium-file=”https://www.housingwire.com/wp-content/uploads/2024/09/HWDiana_Reid.jpg?w=300″ data-large-file=”https://www.housingwire.com/wp-content/uploads/2024/09/HWDiana_Reid.jpg?w=600″ tabindex=”0″ role=”button” src=”https://www.housingwire.com/wp-content/uploads/2024/09/HWDiana_Reid.jpg?w=600″ alt=”Diana Reid” class=”wp-image-480493″ srcset=”https://www.housingwire.com/wp-content/uploads/2024/09/HWDiana_Reid.jpg 600w, https://www.housingwire.com/wp-content/uploads/2024/09/HWDiana_Reid.jpg?resize=150,150 150w, https://www.housingwire.com/wp-content/uploads/2024/09/HWDiana_Reid.jpg?resize=300,300 300w” sizes=”(max-width: 600px) 100vw, details ⇒
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