He will serve on Freddie’s business and risk committee, and compensation committee.
Christopher Lynch, Freddie Mac’s nonexecutive chairman, in a press release said among Kohlhagen’s qualifications are his knowledge of mortgage finance and capital markets and his senior management skills, as well as his understanding of economics, modeling and complex financial instruments.
In addition to industrial and electronics companies, Kohlhagen most recently has served as a director for a Merrill Lynch mutual fund concern and a Treasury and risk management systems firm, as well as for industrial and electronics companies.
From 1992 to 2003 he worked for First Union National Bank as managing director of the fixed-income division, and in preceding decades also served in senior roles at companies such as AIG and Lehman Brothers. Prior to that, he worked in various financial posts in Washington, including positions at the U.S. Treasury and the Federal Reserve.