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Board Member Robert R. Glauber

Retired Chairman and Chief Executive Officer
National Association of Securities Dealers, Inc.
Washington, DC

Mr. Glauber served as interim non-executive chairman of Freddie Mac’s board from March 2009 to August 2009.  Mr. Glauber is a lecturer at Harvard's Kennedy School of Government and a visiting professor at the Harvard Law School. Prior to that, he served as chairman and CEO of the National Association of Securities Dealers ("NASD") from 2001 to 2006, after first serving as its CEO and president and a member of its board. Over the years, he has been a lecturer at the Kennedy School, undersecretary of the Treasury for Finance and a professor of finance at the Harvard Business School. Mr. Glauber also served as executive director of the task force appointed by President Reagan to report on the 1987 stock market break. He has served on the board of the Federal Reserve Bank of Boston, a number of Dreyfus mutual funds, the Investment Company Institute, and as president of the Boston Economic Club. He also is a director of Moody's Corporation; a trustee of the International Accounting Standards Committee Foundation; and lead director of XL Capital Ltd. Mr. Glauber has been a senior advisor at Peter J. Solomon Co., an investment bank, since November 2006.

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08/09