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December 2023 » thefivestar.com 15 December 2023 M O V E R S & S H A K E R S Hayward also led Fannie Mae's Community Lending organization and was responsible for five business areas that provided debt and equity financing to help increase and preserve the nation's supply of affordable rental and for-sale housing. In this role, he managed the company's overall relationship with the Housing Finance Agencies and worked closely with the National Council of State Housing Agencies and its members. Addi- tionally, he led this organization's efforts to create housing for the homeless, invest in rural and Native American communities, and rebuild along the Gulf Coast. LANCE DRUMMOND NAMED CHAIR OF FREDDIE MAC'S BOARD OF DIRECTORS Freddie Mac has announced that Lance Drummond will become Chair of its Board of Directors. A member of the Board since 2015, Drummond will succeed Sara Mathew, who will retire as Board Chair and as a Director in February 2024, as required by the company's bylaws. "Freddie Mac's Board of Directors brings together outstanding leaders from across the country to advance the critically important work of providing liquidity, stability, affordability, and eq- uity to the housing market," said Sandra L. Thompson, Director of the Federal Housing Finance Agency (FHFA). "The company is fortunate to have exceptional leaders, such as Sara Mathew and Lance Drummond, overseeing that effort." Drummond is an executive-level business leader with multi-industry and international experience—traveled and worked in 52 countries. He specializes in business transforming strategy devel- opment and execution and organiza- tional change for business-to-business and business-to-consumer Fortune 500 companies, with demonstrated success in manufacturing, technology, and financial services industries. Drummond currently serves as an Independent Director on the Freddie Mac Board, and serves on the GSE's Audit, and Nominations and Governance Committees. In addition, he is also Chair of Freddie Mac's Technology Working Group. He is a Board Trustee at the University of Rochester, serving on the Compensation and Compliance, Execu- tive, Strategy and Finance Committees. He also chairs the Human Resources Committee of the University. From September 2015-May 2017, Drummond was the Executive-in-Resi- dence at Christopher Newport Univer- sity's Luter Business School, where he led and hosted the Luter Lecture Series. Additionally, he was a guest lecturer, advisor to the case competition team, provided career and professional devel- opment coaching to students and was senior advisor to the dean. Drummond retired from TD Canada Trust in January 2015, where he was EVP of Operations and Technology, leading a team of associates who delivered person- al and small business loan underwriting, funding, discharges, deposit operations, fraud management, collections, digitiza- tion and image transformation, service quality (Lean Six Sigma), and project management office services for Cana- dian Banking including retail, business, and wealth. Prior to joining TD, Drummond was EVP of Human Resources and Shared Services at Fiserv, Inc., where he led the human resources function for Fiserv's 20,000 employees. Additionally, he over- saw many of the company's shared ser- vices, including Fiserv Global Services' 2,800 employees, located in India and Costa Rica, Procurement and Corporate Real Estate. Prior to Fiserv, Drummond was the Global Consumer and Small Business Banking eCommerce/ATM executive at Bank of America. Prior to his eCom- merce/ATM role, Drummond was the Service and Fulfillment Operations executive for Global Technology and Operations. He led more than 19,000 associates who provided end-to-end op- erations support to 55 million consumer households, two million small business "Freddie Mac's Board of Directors brings together outstanding leaders from across the country to advance the critically important work of providing liquidity, stability, affordability, and equity to the housing market." —Sandra L. Thompson, Director of the Federal Housing Finance Agency (FHFA)