Thygerson to Leave as Head of Freddie Mac
Kenneth J. Thygerson resigned Tuesday as president of the Federal Home Loan Mortgage Corp., a quasi-governmental agency better known as Freddie Mac, to join a San Diego-based S&L.;
Thygerson, who has headed Freddie Mac since August, 1982, is leaving effective Sept. 15 to become president and chief executive of Imperial Corp. of America, a savings and loan holding company with branches in California, Kansas and Colorado and assets of $8.5 billion. He succeeds Matthew Shevlin Jr., who resigned in June but has remained chief executive pending the appointment of a successor.
Before joining Freddie Mac, Thygerson was executive vice president of Western Federal Savings & Loan of Colorado, now known as Midland/Western Savings. He is also a former staff vice president of economics and research at the U.S. League of Savings Institutions.
Thygerson’s successor at Freddie Mac will be named by the Federal Home Loan Bank Board, the federal agency that oversees the nation’s savings and loan institutions. Leland C. Brendsel, currently executive vice president and chief financial officer at the corporation, was named acting president.