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CHARLES E. "ED" HALDEMAN, JR.

Chief Executive Officer

Charles E. "Ed" Haldeman, Jr. is chief executive officer of Freddie Mac, a publicly-traded company that is the second largest source of mortgage financing in the United States and a leader in the nation's efforts to keep families in their homes during the nation's current housing crisis.

Haldeman has 35 years of experience in finance and as a corporate leader. He joined Freddie Mac from Putnam Investments where he served as Chairman of Putnam Investment Management, LLC, the investment advisor for the Putnam Funds, from July 2008 until June 30, 2009. Prior to assuming the role of chairman of Putnam Investment Management, he served as president and chief executive officer of Putnam Investments, a position to which he was appointed in 2003 and charged with reorganizing the business and improving business policies and compliance following a series of probes into the industry's business practices. Based on that success, CFA Magazine named him "One of the Most Influential CFA Institute Members" in December 2006, citing his personal commitment to fiduciary duty, his work to restore Putnam's reputation and his creation of an organizational culture that reinforced trust in the firm. Haldeman also spearheaded the sale of Putnam Investments to Power Financial Corporation in January 2007.

A member of the Putnam Funds' Board of Trustees since 2004, Haldeman was named president of the Putnam Funds in 2007. He joined Putnam Investments in 2002 as co-head of the investment division. Putnam is one of the world's largest mutual fund administrators, with more than $100 billion in assets under management.

Prior to joining Putnam, Haldeman served as chairman and chief executive officer of Delaware Investments, and as president and chief operating officer of United Asset Management Corporation (UAM). He began his career at Cooke & Bieler, Inc., an affiliate of UAM, in 1974, where he held a series of senior executive positions.

Haldeman earned an M.B.A. from Harvard Business School, where he was a Baker Scholar, a J.D. cum laude from Harvard Law School, and an A.B. summa cum laude from Dartmouth College. He is a Chartered Financial Analyst (CFA). Haldeman is currently chairman of the Board of Trustees of Dartmouth College and also serves on the Harvard Business School Board of Dean's Advisors. He formerly served on the Board of Governors of the Investment Company Institute.

Haldeman and his wife, Barbara, have three children.

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.

08/09