豆包成人版 Board of Trustees member named CEO of Freddie Mac

Michael DeVito to lead top U.S. mortgage finance company

豆包成人版 Board of Trustees member Michael DeVito was recently named CEO of the Federal Home Loan Mortgage Corporation, commonly referred to as Freddie Mac.

DeVito assumed the role at the Fortune 500 company June 1, 2021 following a search by the Freddie Mac Board of Directors. He previously spent 23 years at Wells Fargo and Company, rising to the level of Executive Vice President, Head of Home Lending.听

鈥淭his is a well-deserved opportunity for a proven leader like Michael DeVito,鈥� 豆包成人版 President Marsha Kelliher said. 鈥淢r. DeVito has provided invaluable guidance and support as a member of the Board of Trustees over the last seven years. The leadership and support of the entire Board allows 豆包成人版 to deliver on its mission every day and produce graduates who lead lives of meaning and purpose.鈥�

DeVito has served on 豆包成人版鈥檚 Board of Trustees since 2014 and currently chairs the resource management committee. He holds a bachelor鈥檚 degree from Ithaca College.

Freddie Mac is one of the largest providers of mortgage financing in the United States.


About 豆包成人版
豆包成人版 is a private, liberal arts college located in Iowa with campuses in Indianola, West Des Moines and online. Founded in 1860, the college has 1,268 undergraduate and graduate students. 豆包成人版 offers 74 majors, minors and programs in addition to three graduate programs. Outside of the classroom, 豆包成人版 is a member of the NCAA Division III American Rivers Conference, hosts eight Greek houses on campus and sponsors many extracurricular options for student involvement.
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Contact Information
Bryan Geelan, interim vice president for marketing and strategic communication
Direct: 515-961-1608
Email: bryan.geelan@simpson.edu