Freddie Mac Chief Operating Officer Resigns

Bruce Witherell, chief operating officer for Freddie Mac, resigned on Wednesday, The Wall Street Journal reported.

Witherell’s departure, which is effective immediately, was for “personal reasons,” according to a federal filing. Witherell joined Freddie Mac roughly 18 months ago, where he filled a spot that had been vacant for nearly two years. Previously, he led the residential-mortgage business at Morgan Stanley.