Chief Financial Officer of Freddie Mac David Kellerman was found dead on April 22, 2009. Kellerman, age 41, committed suicide and was found in the basement of his home in Vienna, Virginia. Just days before his suicide, Kellermann met with the human resource department at Freddie Mac about taking time off because he was working too hard.The Assoicated Press: AP Source: Freddie Mac CFO told to take time off (April 23, 2009)
Controversial Bonus
In March 2009, Keller received an $850,000 retention bonus, in the midst of Freddie Mac's financial struggles. At the same time, 92 employees received at least $100,000 for staying with Freddie Mac. The payouts sparked controversy since Freddie Mac and Fannie Mae had a $108 billion loss and were taken under the control of the U.S. government in September 2008.Times Online: Top Freddie Mac Executive David Kellerman Found Dead in Suspected Suicide (April 22, 2009)
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Fast Facts
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Age
41 years old in 2009
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Found dead on April 22, 2009
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Reports indicate that Kellerman's death was a suicide
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Was the Chief Financial Officer of Freddie Mac
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Resided in Fairfax County, Virginia
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Became the CFO of Freddie Mac after Anthony "Buddy Piszel resigned in September 2008
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Kellerman worked with Freddy Mac for over 16 years
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Had also served at the senior VP, corporate controller and principal accounting officer of Freddy Mac
