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Freddie Mac ( (FMCC) ) has issued an announcement.
Freddie Mac has appointed James Whitlinger as Executive Vice President and Chief Financial Officer, effective January 1, 2025. Whitlinger, who has over 30 years of experience in financial management and accounting, has been with Freddie Mac for a decade, previously serving as Senior Vice President and Single-Family CFO. His appointment is expected to maintain stability and continuity in Freddie Mac’s finance operations. The terms of his employment include a total compensation package with a significant performance-based component, indicating an emphasis on meeting corporate and individual performance goals. This leadership transition is seen as a strategic move to strengthen Freddie Mac’s position in the real estate finance industry.
More about Freddie Mac
Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, operates in the real estate finance industry. It focuses on promoting liquidity, stability, affordability, and equity in the housing market, helping millions of families buy, rent, or keep their homes since 1970.
YTD Price Performance: 25.22%
Average Trading Volume: 7,418,736
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.74B
Find detailed analytics on FMCC stock on TipRanks’ Stock Analysis page.
