Freddie Mac (FMCC.OB) announced that Sara Mathew, currently chair of its Board's Audit Committee, has been elected to become non-executive chair of its Board. Mathew is to succeed Christopher Lynch, who will retire, both as Board chair and as a Director, in February.

Mathew joined the Freddie Mac Board in 2013, and most recently served as a member of the Executive and Nominating & Governance Committees in addition to chairing the Audit Committee.

Mathew retired as chair and chief executive officer of Dun & Bradstreet Corp. in 2013. In 12 years with the company, she had also served as president, chief operating officer and chief financial officer. Prior to joining Dun & Bradstreet, Mathew served in finance and management positions at The Procter & Gamble Corporation. She is currently a member of the Board of Directors of the Campbell Soup Company, Inc. and State Street Corp.

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