Freddie Mac names ex-ETrade head as new CEO

Donald Layton, the former chief executive of brokerage firm E(asterisk)Trade Financial Corp, will be the next CEO of Freddie Mac.

WASHINGTON (Reuters) - Freddie Mac , the No. 2 provider of U.S.

(Reuters) - Freddie Mac is preparing to name Donald Layton, the former chief executive of online brokerage E*Trade Financial Corp, as its next CEO, the Wall Street Journal said on Tuesday. Citing people familiar with the matter, the report said the company is expected to announce the hiring as soon as Thursday. The Journal said the appointment would end a six-month search for the mortgage giant's third chief executive in the four years since the government took control of it. (Reporting by Steve James; Editing by Gary Hill)

Freddie Mac is preparing to name Donald Layton, the former chief executive of online brokerage E*Trade Financial Corp, as its next CEO, the Wall Street Journal said on Tuesday. Citing people familiar with ...

(Reuters) - Freddie Mac is preparing to name Donald Layton, the former chief executive of online brokerage E*Trade Financial Corp, as its next CEO, the Wall Street Journal said on Tuesday.

(Reuters) - The former chief executive of online brokerage E*Trade Financial Corp has emerged as a favorite for the top job at Freddie Mac , the Wall Street Journal said, citing people familiar with the matter. Donald Layton, who is one of three finalists being considered for the job, had met with Freddie's federal regulator last month, the people told the paper. No final decision or job offer has been made, but there will be a decision in the next week, a person close to the situation told the Journal. Freddie Mac could not immediately be reached for comment by Reuters outside regular U.S.

Freddie Mac is preparing to name Donald Layton, the former chief executive of online brokerage E*Trade Financial Corp., its next CEO, according to people familiar with the matter.

Freddie Mac is preparing to name Donald Layton, the former chief executive of online brokerage E*Trade Financial Corp., its next CEO, according to people familiar with the matter.