Freddie Names EVP of Ops/Tech

Joseph A. Smialowski has been named executive vice president of operations and technology at Freddie Mac, effective Dec. 1.Mr. Smialowski was most recently executive vice president at Fleet Boston Financial, where he had direct oversight of the company's information technology, bank operations, and corporate real estate, among other things. He will be responsible for managing the largest segment of Freddie Mac's business operations, including all the company's mortgage origination and servicing, investment and capital markets operations, and information systems divisions. Mr. Smialowski will report to Eugene M. McQuade, Freddie's president and chief operating officer. "Joe brings to Freddie Mac world-class operations and technology expertise that will help create a better customer experience through integrated operating and technology platforms," Mr. McQuade said. Prior to joining Fleet Boston in 1998, Mr. Smialowski was chief information officer at Sears, Roebuck and Co. Freddie Mac can be found online at http://www.freddiemac.com.