Freddie Mac 2012 Annual Report Download - page 330

Assured Guaranty Ltd. from May 2006 to May 2012 and a member of the board of directors of the American
International Group, Inc. from April 2010 to May 2012.
• Christopher S. Lynch joined the Board in December 2008. He is 55 years old. He is an experienced senior accounting
executive who served as the lead audit signing partner and account executive for several large financial institutions
with mortgage lending businesses. He also has significant public company audit committee experience and risk
management experience. Mr. Lynch’s extensive experience in finance, accounting and risk management enables him
to provide valuable guidance to the Board on complex accounting and risk management issues.
Mr. Lynch has served as Non-Executive Chairman of Freddie Mac since December 2011. Mr. Lynch is an
independent consultant providing a variety of services to financial intermediaries, including corporate restructuring,
risk management, strategy, governance, financial and regulatory reporting and troubled-asset management. Mr. Lynch
retired from KPMG LLP in May 2007, where he held a variety of leadership positions, including National Partner in
Charge — Financial Services, the U.S. firm’s largest industry division. Mr. Lynch chaired KPMG’s Americas
Financial Services Leadership team, was a member of the Global Financial Services Leadership and the
U.S. Industries Leadership teams and led the Banking & Finance practice. Mr. Lynch also served as a partner in
KPMG’s Department of Professional Practice and as a Practice Fellow at the Financial Accounting Standards Board.
Mr. Lynch also is a director of American International Group, Inc., where he is the Chair of the Audit Committee and
a member of the Finance and Risk Management Committee. In addition, Mr. Lynch serves on the National Audit
Committee Chair Advisory Council of the National Association of Corporate Directors. Mr. Lynch is a frequent
speaker on matters pertaining to corporate governance, risk management, corporate restructuring, executive
development, housing finance, and regulatory reporting.
• Nicolas P. Retsinas joined the Board in June 2007. He is 66 years old. He is an experienced leader in the
governmental and educational sectors, with in-depth knowledge of the mortgage lending and real estate 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. Currently, Mr. Retsinas serves on the Board of
Trustees for Enterprise Community Partners, on the Board of Directors of the Center for Responsible Lending, as a
member of the Bipartisan Policy Center’s Housing Commission, and as chair of the Providence Housing Authority.
• Eugene B. Shanks, Jr. joined the Board in December 2008. He is 65 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 61 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
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