Marquis Who's Who Millennium Magazine

238 MILLENNIUM S ince 2012 Donald Harvey Layton has served as the chief executive officer of Freddie Mac, which has been in federal government conservatorship since 2008. Freddie Mac is one of the largest sources of mortgage financing in the United States and was founded by Congress in 1970 to provide liquidity, stability and affordability to the nation’s residential mortgage market. Before assuming his current position, Mr. Layton was one of the senior executives who assembled the modern JPMorgan Chase, beginning as a trainee for Manufacturers Hanover Trust Company in 1975 and working his way up to become its head of trading and treasury activities in 1988. He continued to excel while in higher positions through mergers with Chemical Bank in 1991 and Chase Manhattan in 1996, and later co-led the acquisition of J.P. Morgan in 2000. He retired in 2004 from J.P. Morgan as vice chairman and a member of the three-person Office of the Chairman. He also served as chairman and then CEO of E*TRADE Financial from late 2007 through the end of 2009, shepherding the company through the financial crisis. Appointed to the board of directors of AIG by the U.S. Treasury, Mr. Layton served from 2010 through 2012. He was also a member of the board of Assured Guaranty Limited, the leading bond insurer, from 2006 to 2012. To prepare for his career, Mr. Layton simultaneously earned Bachelor of Science and Master of Science degrees in economics from MIT in 1972, and a Master of Business Administration from Harvard University as a Baker Scholar in 1974. He was affiliated with the Securities Industry and Financial Markets Association, for which he served as senior advisor, from 2006 to 2008. Outside of his professional obligations, he is chairman emeritus of Partnership for the Homeless, a nonprofit dedicated to reducing homelessness in New York City, having served as its chairman for nearly a decade. Donald Harvey Layton Financial Services Executive Freddie Mac McLean, VA