Freddie Names 2 Senior Veeps

Freddie Mac has named two new senior vice presidents, one of them to the newly created position of senior vice president-finance.Vaughn A. Clarke was appointed to the finance post, and Gregory E. Reynolds was named senior vice president and corporate controller. Both will report to John P. Gibbons, Freddie Mac's executive vice president and chief financial officer. Mr. Clarke will oversee the development and implementation of long-term financial and operating plans and budgets as well as shareholder strategy, and will manage Freddie Mac's capital structure. He was previously senior vice president and treasurer at Viacom Inc. Mr. Reynolds will be responsible for Freddie Mac's financial performance management and internal control systems, as well as financial and regulatory reporting, tax compliance, and administrative activities. He has held the post on an interim basis since February, and was previously vice president of Freddie Mac's corporate accounting department.

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