The Freddie Mac Foundation has elected Ralph F. Boyd Jr. as its new chairman. Mr. Boyd replaces Freddie Mac chairman and chief executive officer Richard F. Syron, who the government-sponsored enterprise said stepped down from the foundation post "to focus more attention on key legislative and business issues facing the company."In addition to serving as foundation chairman, Mr. Boyd also will continue to serve as a Freddie Mac senior corporate officer in the role of executive vice president of community relations. Mr. Syron will continue to serve on the foundation's board. Freddie Mac can be found on the Web at http://www.freddiemac.com.

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