Charles Edgar Haldeman, Jr. (born October 29, 1948) was the
chief executive officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...
of the Federal Home Loan Mortgage Corporation, known as
Freddie Mac
The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons Corner, Virginia.mortgage financing in the United States. On October 26, 2011, it was announced that Haldeman would retire, but he agreed to stay until a successor was found. Haldeman left Freddie Mac in May 2012. He is the former President, CEO, and chairman of the board of directors, of
Putnam Investments
Putnam Investments is a privately owned investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. As one of the oldest mutual fund complexes in the Unite ...
, a
mutual fund
A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV i ...
Board of Trustees of Dartmouth College
The Board of Trustees of Dartmouth College is the governing body of Dartmouth College, an Ivy League university located in Hanover, New Hampshire, United States. , the Board includes twenty-three people. The current Chair of the Board is Stephen Ma ...
from 2004 to 2012.
Biography
He was born to Betty Jane and Charles Edgar Haldeman, Sr. on October 29, 1948 in
Philadelphia, Pennsylvania
Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Sinc ...
Dartmouth College
Dartmouth College (; ) is a private research university in Hanover, New Hampshire. Established in 1769 by Eleazar Wheelock, it is one of the nine colonial colleges chartered before the American Revolution. Although founded to educate Native A ...
in economics in 1970. In 1974, he received both a J.D. degree cum laude from
Harvard Law School
Harvard Law School (Harvard Law or HLS) is the law school of Harvard University, a private research university in Cambridge, Massachusetts. Founded in 1817, it is the oldest continuously operating law school in the United States.
Each class ...
and an
M.B.A.
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as account ...
degree with high distinction from
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
, where he was a
Baker Scholar
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA ...
. He is also a CFA charter holder. In 2004, he was elected to serve as a charter trustee on the board of trustees at Dartmouth.Dartmouth College Board of Trustees Trustee Biographies. Retrieved April 30, 2007.
Haldeman was a managing partner and director at the investment firm Cooke and Bieler Inc. from 1974 to 1998, President and COO of United Asset Management Corporation from 1998 to 2000, and CEO of Delaware Investments from 2000 to 2002. He then joined Putnam Investments as co-lead of the investment division. In the wake of the Mutual fund scandal of 2003, he was appointed President and CEO of Putnam and has since led the company forward in reorganization, compliance, and enhanced disclosure. Having stabilized the business, Haldeman led an initiative to sell the company. In January 2007, Putnam Investments was sold to
Great-West Lifeco
Great-West Lifeco Inc. is a Canadian insurance-centered financial holding company that operates in North America (Canada and United States), Europe and Asia through five wholly owned, regionally focused subsidiaries. Many of the companies it has ...
for 3.9 billion dollars.
In 2009 Haldeman joined Freddie Mac as its chief executive. In July 2012 he was appointed to the
McGraw-Hill
McGraw Hill is an American educational publishing company and one of the "big three" educational publishers that publishes educational content, software, and services for pre-K through postgraduate education. The company also publishes refere ...
's board of directors.
Haldeman is recognized in the industry for his high ethical standards. In December 2006, CFA Magazine cited him as "The Most Influential Person in the Industry" for 2006. He and his wife Barbara, both Harvard Law alumni, have donated millions of dollars to Dartmouth College. In 2004, a $10 million gift was made to open the Haldeman Center, home to the John Sloan Dickey Center for International Understanding, the Fannie and Alan Leslie Center for the Humanities, and the Ethics Institute. Haldeman serves on numerous other boards and committees, including the Boston Chamber of Commerce and the ICI board of governors, and was previously an "overseer" for the
Tuck School of Business
The Tuck School of Business (also known as Tuck, and formally known as the Amos Tuck School of Administration and Finance) is the graduate business school of Dartmouth College, a private research university in Hanover, New Hampshire.
Founded ...
. In August 2007,
Sigma Phi Epsilon
Sigma Phi Epsilon (), commonly known as SigEp, is a social college fraternity for male college students in the United States. It was founded on November 1, 1901, at Richmond College (now the University of Richmond), and its national headquarte ...
awarded Haldeman its Citation award. The Sigma Phi Epsilon Citation is presented to a small, highly select group of alumni who have achieved uncommon success and stature in their particular professions and fields of endeavor, and, by doing so, have brought great honor to themselves and to the Fraternity. From 1965 to August 2007, 241 SigEp members had been honored with the Citation. Haldeman was a member of SigEp's New Hampshire Alpha Chapter at Dartmouth College and served as the chapter's president from 1969 to 1970.The Dartmouth Board Chairman Wins Fraternity Award August 17, 2007.
Haldeman and his wife currently live in
Haverford, Pennsylvania
Haverford is an unincorporated community located in both Haverford Township in Delaware County, Pennsylvania, United States, and Lower Merion Township in Montgomery County, approximately west of Philadelphia. The Pennsylvania Railroad (PRR) ope ...
. They have three children: Matthew, Charlotte, and Catherine. Matthew is a graduate of Williams College (2002) and Harvard Business School. Charlotte is a graduate of Dartmouth College (2003) and Penn Law School (2008). Catherine graduated from Dartmouth College in 2008.
See also
*
Putnam Investments
Putnam Investments is a privately owned investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. As one of the oldest mutual fund complexes in the Unite ...