Former E*TRADE Chief Takes Over as CEO of Freddie Mac

Freddie Mac appointed Donald H. Layton as CEO and a member of its board. The banking and financial services expert assumed the role on Monday, May 21.

Layton, 62, replaced Charles E. “Ed” Haldeman Jr. who after two years as chief announced last fall his plan to step down this year.

Layton was most recently chairman and CEO of E*TRADE Financial, which he led through the latest financial crisis. He also spent nearly three decades at JPMorgan…
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