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Home » Store » News » Leadership Structure Changes for Both GSEs As CEOs Plan Departure

Leadership Structure Changes for Both GSEs As CEOs Plan Departure

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Freddie Mac CEO Donald Layton will retire in the second half of next year, the GSE announced last week. This comes six weeks after Fannie CEO Timothy Mayopoulos announced his departure from the GSE. While Layton plans to be around through midyear 2019, Mayopoulos plans to leave his post before 2018 ends. This leaves both GSEs looking for replacements. Freddie’s board has started its succession plan to consider internal and external candidates. The GSE named David Brickman, executive vice president and head of Freddie’s multifamily business as a possibility.
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