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Freddie Mac (FMCC) has shared an update.
Freddie Mac has announced the appointment of seasoned executive James Whitlinger as its Interim Chief Financial Officer, starting June 29, 2024. Whitlinger brings over three decades of experience in real estate finance to the role, including a decade at Freddie Mac. Notably, his tenure as CFO will not involve changes to his compensation. His relationship with NewPoint, where his spouse is an executive, is under a mitigation plan due to the significant business dealings between the companies.
Learn more about FMCC stock on TipRanks’ Stock Analysis page.