""Freddie Mac"":http://www.freddiemac.com/ CFO Ross J. Kari is making plans to retire in the second half of 2013, the GSE announced.
While Kari has not yet selected an official date to depart from Freddie Mac, he informed the company he intends to retire in the latter half of the year following his 55th birthday. He has committed to stay with the company until after a successor is chosen and a smooth transition has taken place.
""Ross has been an invaluable asset to Freddie Mac, leading the company through some of its most important financial efforts, including the successful complete of the FAS 140 implementation and Sarbanes-Oxley compliance,"" said CEO Donald H. Layton. ""He is a truly outstanding CFO and I greatly appreciate his ongoing commitment to the company, its mission and its people.""