Former MetLife General Counsel to Be Top Lawyer at Freddie Mac
Veteran in-house counsel Ricardo Anzaldua is next in line to take over the company's legal department.
April 30, 2018 at 05:43 PM
2 minute read
Ricardo Anzaldua. Handout photo.
Following a transition period, former MetLife Inc. GC Ricardo Anzaldua will take over the top legal post at Freddie Mac, the federal home loan mortgage company announced Monday.
Anzaldua will join Freddie Mac as executive vice president and senior legal adviser to CEO Donald Layton starting in May, with an eye to eventually succeeding the company's current executive vice president, general counsel and corporate secretary, William H. McDavid.
McDavid, who came out of retirement in 2012 to work for McLean, Virginia-based Freddie Mac, will take a second stab at retirement at the end of 2018.
“For six years, Bill McDavid has driven the legal and regulatory strategy that helped transform Freddie Mac into a fundamentally better company. His counsel will be sorely missed,” Layton said in an announcement. “At the same time, we welcome to Freddie Mac Ricardo Anzaldua, an accomplished attorney and experienced general counsel whose experience and advice will be invaluable as we prepare for the future.”
A media spokesperson for Freddie Mac did not immediately respond for further comment on the appointment.
According to his LinkedIn profile, Anzaldua graduated from Harvard Law in 1990 and later that year began working at Cleary Gottlieb Steen & Hamilton, where he was made partner in 1999. He left Cleary in 2007 and worked in senior-level legal positions at the Hartford Financial Services Group. In 2012, Anzaldua became executive vice president and general counsel/special counsel to the CEO at MetLife.
His LinkedIn profile says he serves as a board member of the New York City Bar Association and LatinoJustice PRLDEF, and co-founded The Alumni Society, a professional development network for Latino executives.
Anzaldua also serves as the president of the board of directors of the Greater Hartford Legal Aid Foundation and chairman of the board of trustees of the International Institute for Rural Reconstruction, according to his profile. In June 2017, he was among four attorneys awarded the 2017 Diversity and Inclusion Champion Award from the New York City Bar Association.
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