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Heidrick & Struggles Places Top Leadership at Freddie Mac

NEW YORK and CHICAGO, Oct. 6 /PRNewswire/ -- Heidrick & Struggles, the leading executive search and leadership advisory firm, has placed the top two executives of government-sponsored mortgage finance company, Freddie Mac, in the past three months.

Heidrick's search on behalf of the company for a new Chief Executive Officer culminated in the appointment of Charles E. "Ed" Haldeman, Jr., formerly Chairman of Putnam Investment Management, LLC, in July. Bruce Witherell, formerly Managing Director of Morgan Stanley, was named Chief Operating Officer in September.

"This is a critical time for Freddie Mac -- its appointment of exactly the right candidates in these two key leadership roles will have a significant impact on the stabilization and recovery of the U.S. housing market," says Keith Meyer, Vice Chairman at Heidrick, who led the search. "It is an honor for Heidrick and Struggles to have been a part of such an important process."

"The appointment of the right CEO and COO is always critically important to the future success of the enterprise, but for Freddie Mac the stakes are of national importance," Jory Marino, Managing Partner, North America said. "The positions require a broad mix of leadership skills, financial acumen, and vision. Ed Haldeman and Bruce Witherell perfectly embody these attributes."

For more information about Heidrick & Struggles, please contact Temin and Company at 212-588-8788 or news@teminandco.com.

About Heidrick & Struggles

Heidrick & Struggles International, Inc. is the world's premier provider of senior-level executive search and leadership consulting services, including talent management, board building, executive on-boarding and M&A effectiveness. For more than 55 years, we have focused on quality service and built strong leadership teams through our relationships with clients and individuals worldwide. Today, Heidrick & Struggles leadership experts operate from principal business centers in North America, Latin America, Europe and Asia Pacific. For more information about Heidrick & Struggles, please visit www.heidrick.com.

SOURCE Heidrick & Struggles

Copyright (2009) PR Newswire. All Rights Reserved.
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