- The Washington Times - Friday, April 24, 2009

WASHINGTON — Mortgage finance company Freddie Mac, coping with the apparent suicide of its acting chief financial officer, said Friday that its former chief executive is coming back temporarily as a consultant.

David Moffett, the former government-appointed CEO who resigned from Freddie Mac in March, will return as a consultant to the company’s interim CEO John Koskinen, aiding him with producing financial statements.

In an interview with the Associated Press on Thursday, Moffett said he would “be happy to help them in any way.”

David Kellermann, the company’s acting chief financial officer was found dead Wednesday in the basement of his home. The 41-year-old Kellermann was promoted in September when the government seized McLean, Va.-based Freddie Mac and ousted top executives.

Koskinen said in a statement he was “grateful to (Moffett) for offering to assist us during this challenging time,” and that Freddie Mac will continue looking for a permanent CFO

LOAD COMMENTS ()

 

Click to Read More

Click to Hide