Federal Home Loan Mortgage Corp - Company Profile

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Federal Home Loan Mortgage Corp: Executives

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The following section provides information on Federal Home Loan Mortgage Corp’s senior management, executives, CEO and key decision makers and their roles in the organization. For more insight into Federal Home Loan Mortgage Corp's management and employees, unlock the full data with our company analytics monitoring tool.

Executives

Lance Drummond

Chairman Executive Board Since: 2024

Mr. Lance Drummond has been the Chairman of the company since February 2024. Previously, he served as Executive Vice President of Operations and Technology of TD Canada Trust in 2014. Prior to this, Mr. Drummond was Executive Vice President of Human Resources and Shared Services at Fiserv Inc. from 2009 to 2011.

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Michael T. Hutchins

Director; President; Chief Executive Officer - Interim Executive Board Since: 2024

Mr. Michael T. Hutchins has been the Interim Chief Executive Officer of the company since March 2024. He also served as President of the company since December 2020. Before this, he served as Interim President of the company. Previously, he served as Executive Vice President of the company between January 2015 and November 2020; and as Senior Vice President of the company between July 2013 and January 2015. He served as the Chief Executive Officer and Co-Founder of PrinceRidge between 2007 and 2013. Earlier, he worked with UBS Group AG and Salomon Brothers, Inc.

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Christian M. Lown

Chief Financial Officer; Executive Vice President Senior Management Since: 2020 Age: 53

Mr. Christian M. Lown has been the Chief Financial Officer and Executive Vice President of the company since June 2020. Prior to this, he served as the Chief Financial Officer and Executive Vice President between March 2017 and June 2020. Previously, he served as Managing Director at Financial Institutions Group. He also served as Director of Financial Institutions Group of UBS AG between 2003 to 2006. Earlier, he served as Associate of Financial Institutions Group at Credit Suisse First Boston between 2001 to 2003.

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Jerry Weiss

Executive Vice President; Chief Administrative Officer Senior Management Since: 2010 Age: 64

Mr. Jerry Weiss has been the Chief Administrative Officer and Executive Vice President of the company since August 2010. He served as Interim General Counsel of the company between March 2021 and March 2022. Prior to this, he served as Chief Compliance Officer from 2010 to 2011 and as a Senior vice President and Chief Compliance Officer of the company prior to that. Mr. Weiss also served in various Senior Management positions in the company. Previously, he served as First Vice President and Global Head of Compliance at Merrill Lynch Investment Managers. From 1982 to 1990, Mr. Weiss practiced Law in Washington, D.C.

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Dennis Hermonstyne Jr

Chief Compliance Officer; Senior Vice President Senior Management Since: 2022

Mr. Dennis Hermonstyne Jr has been the Senior Vice President and Chief Compliance Officer of the company since September 2022. Prior to this, he served as Executive Vice President and Chief Compliance Officer of Santander Bank, Prior to this he served as a Deputy Chief Compliance Officer of E*TRADE Bank.

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