Freddie Mac 2014 Annual Report Download - page 251

246 Freddie Mac
Mr. Naqvi led PNC Mortgage Corporation of America as president and chief executive officer between 1995 and
2001, when PNC Financial Services Group sold its mortgage business. In 2009, Mr. Naqvi returned to supervise the
bank's integration of National City Mortgage Company and to head the newly constituted PNC Mortgage as president
and chief executive officer. PNC Mortgage operates as a division of PNC Bank, National Association, which is a
subsidiary of PNC Financial Services Group. Until his retirement in April 2013, Mr. Naqvi was responsible for
management of PNC Mortgage’s $121 billion portfolio and national network of 91 retail mortgage offices. Between
2001 and 2009, he held a number of leadership positions, including president of Harley-Davidson Financial Services,
Inc., chief executive officer of DeepGreen Financial, Inc., and president and chief executive officer of Setara
Corporation. Mr. Naqvi formerly served on the boards of Genworth Financial, Inc. and Hanover Capital Mortgage
Holdings, Inc.
• Nicolas P. Retsinas joined the Board in June 2007. He is 68 years old. He is an experienced leader in the governmental
and educational sectors, with in-depth knowledge of the mortgage lending, real estate and homebuilding industries. He
also has represented consumer and community interests and has demonstrated a career commitment to the provision of
housing for low-income households. Mr. Retsinas’ public, private and academic experience, including his service on
the boards of several not-for-profit organizations, enables him to bring to the Board broad knowledge and
understanding of housing and consumer and community issues.
Mr. Retsinas is a senior lecturer in Real Estate at the Harvard Business School and is Director Emeritus of Harvard
University’s Joint Center for Housing Studies, where he served as Director from 1998 to 2010. He is also a lecturer in
Housing Studies at the Graduate School of Design. Prior to his Harvard appointment, Mr. Retsinas served as Assistant
Secretary for Housing — Federal Housing Commissioner at the United States Department of Housing and Urban
Development from 1993 to 1998 and as Director of the Office of Thrift Supervision from 1996 to 1997. He served on
the Board of the Federal Deposit Insurance Corporation from 1996 to 1997, the Federal Housing Finance Board from
1993 to 1998 and the Neighborhood Reinvestment Corporation from 1993 to 1998. Mr. Retsinas also formerly served
on the Board of Trustees for the National Housing Endowment and Enterprise Community Partners. Currently,
Mr. Retsinas serves on the Board of Directors of the Center for Responsible Lending, and as chair of the Providence
Housing Authority and the Community Development Trust.
• Eugene B. Shanks, Jr. joined the Board in December 2008. He is 67 years old. He is an experienced finance executive
with leadership and risk management expertise. Mr. Shanks’ leadership and risk management experience enables him
to provide the Board with valuable guidance on risk management issues and our strategic direction.
Mr. Shanks is a Trustee of Vanderbilt University, a member of the Advisory Board of the Stanford Institute for
Economic Policy Research, a director of ACE Limited, where he serves as a member of the Risk and Finance
Committee, a Senior Advisor to Bain and Company, and a founding director at The Posse Foundation. From
November 2007 until August 2008, Mr. Shanks was a senior consultant to Trinsum Group, Incorporated, a strategic
consulting and asset management company. From 1997 until its sale in 2002, Mr. Shanks was President and Chief
Executive Officer of NetRisk, Inc., a risk management software and advisory services company he founded. From
1973 to 1978 and from 1980 to 1995, Mr. Shanks held a variety of positions with Bankers Trust New York
Corporation, including head of Global Markets from 1986 to 1992 and President and Director from 1992 to 1995.
From 1978 to 1980, he was Treasurer of Commerce Union Bank in Nashville, Tennessee.
• Anthony A. Williams joined the Board in December 2008. He is 63 years old. He is an experienced leader in national,
state and local governments, with extensive knowledge concerning real estate and housing for low-income individuals.
He also has significant experience in financial matters and is an experienced academic focusing on public management
issues. Mr. Williams’ leadership and operating experience in the public sector allows him to provide a unique
perspective on state and local housing issues.
Mr. Williams is the CEO and Executive Director of the Federal City Council of Washington, DC, an organization
instrumental in local projects such as the Metro, Ronald Reagan Building and International Trade Center, and
revitalization of Union Station. He was the Bloomberg Lecturer in Public Management at Harvard’s Kennedy School
of Government from 2009 through 2012. He also served as the Executive Director of Global Government Practice
from January 2010 until January 2012 and as a Senior Fellow from January 2012 until June 2012 at the Corporate
Executive Board Company. Since September 2011, Mr. Williams has been affiliated with McKenna, Long & Aldridge,
LLP, a law firm, and from May 2009 until September 2011 he was affiliated with the law firm of Arent Fox LLP.
Mr. Williams was elected to two terms as the fourth mayor of Washington, D.C. from 1999 to January 2007, having
served as Chief Financial Officer from 1995 to 1998. He also served as President of the National League of Cities and
as Vice-Chair of the Metropolitan Washington Council of Governments. From 1993 to 1995, Mr. Williams was the
first Chief Financial Officer for the U.S. Department of Agriculture. From 1991 to 1993, Mr. Williams was the Deputy
State Comptroller of Connecticut. From 1989 to 1991, Mr. Williams was the Executive Director of the Community
Development Agency of St. Louis, Missouri. From 1988 to 1989, he worked as Assistant Director of the Boston
Redevelopment Agency where he led the Department of Neighborhood Housing and Development, one of the
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