Freddie Names New CFO

Freddie Mac has named Anthony "Buddy" Piszel its new permanent chief financial officer, effective Nov. 13.A former CFO and executive vice president for Health Net Inc., Woodland Hills, Calif., Mr. Piszel replaces Martin Baumann, who resigned in March but stayed on as a consultant. As CFO, Mr. Piszel will oversee Freddie's financial reporting and controls, and related duties, including annual budgeting. He will also carry an executive vice president title at the government-sponsored enterprise. Still recovering from an accounting scandal that started three years ago, Freddie Mac is not current on its financial reporting, but recently released an estimate on first-half earnings. During his career, Mr. Piszel has worked for Prudential Financial and Deloitte & Touche. Freddie Mac can be found online at http://www.freddiemac.com.