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Dead executive in top Freddie Mac post less than a year

David Kellermann's apparent suicide comes less than a year after he was appointed to the demanding post of acting chief financial officer at Freddie Mac.

In the role, he was responsible for overseeing the financial reporting and compliance of the firm which was taken over by the US government last year after becoming one of the highest profile victims of the sub-prime crisis.

The appointment marked the high point of a 16-year career at Freddie Mac.

He began his association with the firm in 1992, working for several years as a financial analyst and auditor.

Mr Kellermann made his way up the company, attaining the post of senior vice-president and business area controller, before taking over as interim CFO in September 2008.

He lived in a suburban area of Reston, Virginia. It has been reported that his body was found by his wife, who notified police.

Outside work he was a volunteer board member for the charity DC Coalition for the Homeless.

Belfast Telegraph


From Belfast Telegraph