The “brain drain” at Freddie Mac continued this week with the news that Robert Bostrom, the GSE’s general counsel and executive vice president, is leaving to join the law firm of SNR Denton.
Starting in mid-August Bostrom will serve as co-chair of the global financial institutions and funds sector at SNR Denton.
A Freddie Mac spokesman said John Dye would serve as interim general counsel while it conducts an internal and external search for a replacement for Bostrom. Dye is currently Freddie Mac's principal deputy general council for corporate affairs.
Bostrom joined the GSE in 2006, two years before it was taken over by the Treasury Department and Federal Housing Finance Agency. Before then he spent nine years as head of the financial institutions practice at Winston & Strawn, where he also served as managing partner of the New York office and a member of its executive committee.
Other previous positions include executive vice president for legal, compliance and regulatory affairs at National Westminster Bancorp and a lawyer with the Federal Reserve Bank of New York.
