Freddie Mac named veteran finance executive Ross J. Kari as its chief financial officer, completing recently appointed Chief Executive Charles E. Haldeman's efforts to remake the government-sponsored enterprise's executive team.
Kari was previously the chief financial officer at Fifth Third Bancorp in Cincinnati. He has also held positions at the Federal Home Loan Bank of San Francisco and Wells Fargo & Co.
Last month Freddie named mortgage industry veteran Bruce M. Witherell its chief operating officer.
When he was appointed in July, Haldeman expressed eagerness to build a management team at Freddie.
Separately, Fifth Third said it appointed Controller Daniel T. Poston to succeed Kari, who was named to the position in November.
Poston was Fifth Third's interim financial chief for several months last year. He joined Fifth Third in 2001.
Mark Hazel, Fifth Third's assistant controller, will be interim controller.
Federal regulators seized control of Freddie Mac and Fannie Mae a year ago.
