Freddie Mac’s acting chief financial officer met with the human resources office and was making plans to take time off the day before authorities found him dead from an apparent suicide, an unnamed source told the Associated Press.
One of the mortgage giant’s human resources officials met with David Kellermann on Tuesday and advised him to take a break because Kellermann had been working so hard, the person close to the company said. The source spoke to the Associated Press on the condition of anonymity because the individual wasn’t authorized to discuss the matter.
Kellermann, 41, was found dead in his Vienna basement Wednesday morning. Police are awaiting a medical examiner’s report before officially releasing the cause of death.
Earnings reports scheduled to be released in a few weeks by the embattled company are expected to be “terrible,” one analyst told The Examiner. Freddie Mac posted $50 billion in losses last year as the mortgage market tanked.
