Freddie Mac hires Fifth Third's CFO

Mortgage finance giant Freddie Mac (FRE.N) said on Tuesday it would appoint as its chief financial officer Ross Kari, the current CFO of Fifth Third Bancorp (FITB.O), effective Oct. 12... Fifth Third said separately it appointed Daniel Poston, its executive vice president, as CFO effective immediately.

Kari, who was CFO at Fifth Third less than a year, will be responsible for Freddie's accounting, financial planning and investor relations, the government-sponsored company said. He will report to Freddie Mac Chief Executive Charles Haldeman Jr...

Reuters: Freddie Mac hires Fifth Third's CFO