Freddie Mac has
elected Lance F. Drummond to be a director on the company’s board. Drummond,
60, is a senior business leader with extensive experience specializing in
business transforming strategy development and execution, operations,
technology, and process re-engineering.
“We are very pleased
that Lance is joining the Freddie Mac Board of Directors,” Freddie Mac
non-executive chairman Christopher S. Lynch said in a press release. “He is a
proven and experienced executive who has held leadership positions in several
prominent financial institutions. His expertise should be instrumental in
helping the board and Freddie Mac during an important time for the mortgage
industry and the nation.”
Drummond served as executive
vice president, operations and technology for TD Canada Trust from 2011 to
2014. Prior to joining TD, he was executive vice president of human resources
and shared services at Fiserv Inc. from 2009 to 2011. He also worked at Bank of
America and the Eastman Kodak Company.
Drummond earned a
Master of Science degree in industrial management from Massachusetts Institute
of Technology’s Sloan Business School, an MBA from University of Rochester’s Simon
Business School and a bachelor’s degree in science from Boston University’s Questrom
School of Management.