Acting CFO of Freddie Mac Found Dead in Apparent Suicide

WASHINGTON – Freddie Mac’s acting chief financial officer David B. Kellermann was found dead this morning at his home, and local news reports cited suicide as the cause of death.

Kellermann took over the CFO position in September 2008, and is responsible for Freddie’s financial controls, financial reporting, tax, capital oversight, and compliance with the requirements of Sarbanes-Oxley. He joined the company in 1992 as a financial analyst and when he was promoted last fall he was a senior vice president, corporate controller and the company’s principal accounting officer. That job put him in charge of supplying “timely, accurate, and well-controlled GAAP, fair value and segment earnings financial statements and external disclosures,” according to Freddie’s official biography for Kellermann.

Fairfax County Police spokeswoman told a local radio station that Kellermann, 41, was found at his suburban Washington home Wednesday morning.

Mary Anne Jennings said family members called the police early Wednesday morning. "We were called from inside the house to come investigate an apparent suicide," Jennings told WTOP radio.

The death leaves Freddie with two vacancies at the top of the company. David Moffett resigned as chief executive last month.

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