Charles E. Haldeman

Last updated
Charles E. Haldeman
Born (1948-10-29) October 29, 1948 (age 74)
Philadelphia
NationalityAmerican
Alma mater Dartmouth College, summa cum laude in economics
Harvard Law School, JD and MBA
OccupationFormer CEO of Freddie Mac
SpouseBarbara Chow Haldeman [1]
ChildrenMatthew, Charlotte, Catherine
Parent(s)Betty Jane and Charles Edgar Haldeman, Sr.

Charles Edgar Haldeman, Jr. (born October 29, 1948) was the chief executive officer of the Federal Home Loan Mortgage Corporation, known as Freddie Mac, a publicly traded company that is the second largest source of 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. [2] He is the former President, CEO, and chairman of the board of directors, of Putnam Investments, a mutual fund company based in Boston, Massachusetts. He served on the Board of Trustees of Dartmouth College from 2004 to 2012. [3]

Contents

Biography

He was born to Betty Jane and Charles Edgar Haldeman, Sr. on October 29, 1948 in Philadelphia, Pennsylvania. He graduated summa cum laude from Dartmouth College in economics in 1970. In 1974, he received both a J.D. degree cum laude from Harvard Law School and an M.B.A. degree with high distinction from Harvard Business School, where he was a Baker Scholar. [4] 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. [5]

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. [5] 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 for 3.9 billion dollars.

In 2009 Haldeman joined Freddie Mac as its chief executive. [6] In July 2012 he was appointed to the McGraw-Hill's board of directors. [7]

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. [8] 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. [9] [10] Haldeman serves on numerous other boards and committees, including the Boston Chamber of Commerce [11] and the ICI board of governors, [12] and was previously an "overseer" for the Tuck School of Business. [13] In August 2007, Sigma Phi Epsilon 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. [14] 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. [15]

Haldeman and his wife currently live in Haverford, Pennsylvania. 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

Related Research Articles

Putnam Investments is a 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 United States, Putnam has over $183 billion in assets under management, 79 individual mutual fund offerings, 96 institutional clients, and over seven million shareholders and retirement plan participants.

<span class="mw-page-title-main">Lambuth University</span>

Lambuth University was a private Methodist university in Jackson, Tennessee. It was active from 1843 to 2011 and was supported by the Memphis Annual Conference of the United Methodist Church. The university began as the Memphis Conference Female Institute in 1843 and was later renamed in honor of Walter Russell Lambuth (1854–1921), a Methodist missionary who traveled globally.

<span class="mw-page-title-main">Dartmouth College Greek organizations</span> Host to Greek organizations

Dartmouth College is host to many Greek organizations, and a significant percentage of the undergraduate student body is active in Greek life. In 2005, the school stated that 1,785 students were members of a fraternity, sorority, or coeducational Greek house, comprising about 43 percent of all students, or about 60 percent of the eligible student body. Greek organizations at Dartmouth provide both social and residential opportunities for students, and are the only single-sex residential option on campus. Greek organizations at Dartmouth do not provide dining options, as regular meals service has been banned in Greek houses since 1909.

William Allen Schreyer was chairman emeritus and former CEO of Merrill Lynch & Co., where he worked for 45 years total, eight of them as chairman and CEO. He was also a noted philanthropist and served as former president of Pennsylvania State University's Board of Trustees.

<span class="mw-page-title-main">Delta Phi</span> Fraternity

Delta Phi (ΔΦ) is a fraternity founded in 1827 at Union College in Schenectady, New York consisting of ten active chapters along the East Coast of the United States. The fraternity also uses the names "St. Elmo," "St. Elmo Hall," or merely "Elmo" because of its relation to Erasmus of Formia with some chapters known almost exclusively by one of these names on their respective campuses. Delta Phi was, after the Kappa Alpha Society and Sigma Phi Society, the third and last member of the Union Triad.

<span class="mw-page-title-main">Bryant University</span> Private university in Smithfield, Rhode Island, U.S.

Bryant University is a private university in Smithfield, Rhode Island. It has two colleges, the College of Arts and Sciences and the College of Business, and is accredited by the New England Commission of Higher Education.

<span class="mw-page-title-main">Henry Paulson</span> 74th United States Secretary of the Treasury

Henry "Hank" Merritt Paulson Jr. is an American banker and financier who served as the 74th United States Secretary of the Treasury from 2006 to 2009. Prior to his role in the Department of the Treasury, Paulson was the Chairman and Chief Executive Officer (CEO) of major investment bank Goldman Sachs.

Daniel H. Mudd is the former president and CEO of Fannie Mae, a post he held from 2005 to 2008, and more recently for 2+1⁄2 years, the CEO of Fortress Investment Group.

Curtis Leroy Carlson was an American businessman and founder of Carlson and Radisson Hotel Group.

William David "Bill" Perez is an American businessman who was the chief executive officer of Wm. Wrigley Jr. Company. He had earlier served in a similar capacity at Nike, Inc. Prior to that, Perez had risen to become the chief executive officer at S. C. Johnson & Son.

<span class="mw-page-title-main">Chi Gamma Epsilon</span>

Chi Gamma Epsilon (ΧΓΕ) is a local fraternity at the American Ivy League university of Dartmouth College. "Chi Gam," as it is commonly known, was part of the Kappa Sigma fraternity before breaking off for political reasons. On campus, Chi Gam is known for its dance parties such as Gammapalooza, its house pong game known as ship and its commitment to community service. In past years Chi Gam gained a reputation as the "Baseball Frat," although now the house is populated by a wide variety of different people, including members of the Dartmouth Lightweight Crew team, Dartmouth Cross Country team, and leaders of student organizations.

<span class="mw-page-title-main">John Donahoe</span> American businessman

John Joseph Donahoe II is an American businessman who is the CEO of Nike. Early in his career he worked for Bain & Company, becoming the firm's president and CEO in 1999. He is on the board of directors at Nike, The Bridgespan Group and is chairman of PayPal. Donahoe was named president and CEO of ServiceNow, a cloud company, in February 2017. He was on the Board of Trustees of Dartmouth College from 2003 to 2012. On January 13, 2020, Donahoe became president and CEO of Nike.

<span class="mw-page-title-main">Sigma Phi Epsilon</span> North American collegiate fraternity

Sigma Phi Epsilon (ΣΦΕ), 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, which is now the University of Richmond, and its national headquarters remains in Richmond, Virginia. It was founded on three principles: Virtue, Diligence, and Brotherly Love. Sigma Phi Epsilon is one of the largest social fraternities in the United States in terms of current undergraduate membership.

John J. Brennan, also known as Jack Brennan, served as Chairman of The Vanguard Group from 1996 to 2009, and was Vanguard CEO from 1996 until he was succeeded by William McNabb in 2008.

John Replogle is a Founding Partner of One Better Ventures and the former CEO of Seventh Generation Inc., a U.S.-based, consumer product company.

Paul Donnelly Paganucci was a prominent American investment banker, university educator, college financial administrator and businessman.

<span class="mw-page-title-main">Jason E. Klein</span> American businessman

Jason E. Klein is an American media executive. He is the founder and CEO of VC firm On Grid Ventures LLC, an advisory and investment firm in digital media, marketing and information focused on GeoDisruptive businesses. He is also chairman of Harvard Business School Angel Investors of New York and co-president of Harvard Business School Alumni Angels Association. He was the President and CEO of Newspaper National Network LP from 2003-2012.

References

  1. ↑ "Catherine Haldeman, Rob Hale". The New York Times. June 24, 2012. Retrieved May 27, 2017.
  2. ↑ "Donald H. Layton Named CEO of Freddie Mac". Multi-Housing News. May 10, 2012. Retrieved May 27, 2017.
  3. ↑ "Trustees Emeriti". Dartmouth College. Archived from the original on October 30, 2013. Retrieved May 26, 2017.
  4. ↑ UNITED ASSET MANAGEMENT CORPORATION ANNOUNCES ELECTION OF CHARLES E. HALDEMAN, JR. AS PRESIDENT
  5. 1 2 Dartmouth College Board of Trustees Trustee Biographies. Retrieved April 30, 2007.
  6. ↑ Morgenson, Gretchen (March 31, 2011). "Report Criticizes High Pay at Fannie and Freddie". The New York Times. Retrieved June 15, 2017.
  7. ↑ "Charles E. Haldeman Jr. Joins McGraw-Hill's Board of Directors". The McGraw-Hill Companies. July 2, 2012. Retrieved June 15, 2017.
  8. ↑ Archived 2007-03-15 at the Wayback Machine CFA Magazine Identifies Putnam President and CEO As One of Three Most Influential. November 26, 2006.
  9. ↑ Dartmouth Experience Archived 2007-06-25 at the Wayback Machine Press Release. May 5, 2004.
  10. ↑ Dartmouth Experience Archived 2007-04-09 at the Wayback Machine Haldeman Center.
  11. ↑ Boston Chamber of Commerce Archived 2007-05-18 at the Wayback Machine Board of directors.
  12. ↑ Investment Company Institute Archived 2007-01-13 at the Wayback Machine October 11, 2006.
  13. ↑ Board of Overseers Archived 2007-11-05 at the Wayback Machine Tuck School of Business.
  14. ↑ Sigma Phi Epsilon Press Release Archived 2007-09-02 at the Wayback Machine Citation Recipients August 16, 2007.
  15. ↑ The Dartmouth Archived 2007-10-06 at the Wayback Machine Board Chairman Wins Fraternity Award August 17, 2007.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.