Mortgage giant Freddie Mac announced that Kenny M. Smith will be its chief executive officer effective Dec. 17, putting the former Deloitte Consulting LLP vice chairman in a critical position ahead of a long-promised share sale by the Trump administration.
Smith spent 27 years at Deloitte, including five years as vice chairman, US Financial Services Industry Leader, Freddie Mac said in a statement Tuesday. He will replace interim CEO Michael Hutchins, who will continue in his role as president.
“Freddie Mac plays a vital role in the nation’s housing finance system, and I look forward to working with our talented ...
