Michael Hutchins

President Freddie Mac

Last Reviewed: October 1, 2026

Executive Summary

Michael Hutchins has been President of Freddie Mac since December 2020. He has twice run the company on an interim basis: from March to September 2024 and again from March to December 2025, until Kenny Smith became chief executive. As President he oversees the Single-Family, Multifamily, Investments and Capital Markets, technology, finance, human resources and legal divisions. Before joining Freddie Mac in 2013 he co-founded the financial services firm PrinceRidge and held senior fixed income roles at UBS and Salomon Brothers. Freddie Mac ranked No. 33 on the 2026 Fortune 500.

Career Highlights

• President of Freddie Mac since December 2020.
• Director of Freddie Mac since March 2025.
• Interim Chief Executive Officer, March to September 2024 and March to December 2025.
• Executive Vice President, Investments and Capital Markets, 2015 to 2020.
• Co-founder and CEO of PrinceRidge, 2007 to 2013.

Professional Journey

Hutchins worked at Salomon Brothers from 1986 to 1996, rising to Co-Head of Fixed Income Capital Markets, and at UBS from 1996 to 2007, where his roles included Global Head of the Fixed Income Rates and Currencies Group. From 2007 to 2013 he was co-founder and chief executive of PrinceRidge.

He joined Freddie Mac in July 2013 as Senior Vice President of Investments and Capital Markets and became Executive Vice President of that division in 2015. In November 2020 he became Interim President and in December 2020 President.

He served as interim chief executive and a director from March to September 2024, joined the board again in March 2025, and was interim chief executive from March to December 2025.

Education

No first-party source read for this profile states his education.