Suicide Suspected
Posted: 8:03 am EDT April 22, 2009
Updated: 9:13 am EDT April 22, 2009
David Kellermann, Freddie Mac's acting chief financial officer and senior vice president, was found dead Wednesday morning in an apparent suicide, according to news reports.
Fairfax County Police officials responded to his northern Virginia home around 5 a.m. after his wife alerted them that he had committed suicide, reports said.
Sabrina Ruck, a Fairfax County police spokesman, confirmed to the AP that Kellermann was dead, but she could not confirm that he committed suicide.
Kellermann's death is the latest blow to Freddie Mac, a government controlled company that owns or guarantees about 13 million home loans. CEO David Moffett resigned last month.
McLean, Va.-based Freddie Mac and sibling company Fannie Mae, which together own or back more than half of the home mortgages in the country, have been hobbled by skyrocketing loan defaults and have received about $60 billion in combined federal aid.
The 41-year-old Kellermann was named acting chief financial officer in September 2008, after the resignation of Anthony "Buddy" Piszel, who stepped down after the September 2008 government takeover. The chief financial officer is responsible for the company's financial controls, financial reporting and oversight of the company's budget and financial planning.
Before taking that job, Kellerman served as senior vice president, corporate controller and principal accounting officer. He was with Freddie Mac for more than 16 years.
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