McLEAN, VA-Six months after former CFO Martin F. Baumann left Freddie Mac, the firm has identified a replacement. Anthony S. Piszel has been named executive vice president and CFO, effective Nov. 13. Piszel will also serve as a member of the company's senior executive leadership team. He will report directly to president and COO Eugene M. McQuade.

Piszel, 51, joins Freddie Mac from Health Net Inc., where he held a similar position. Prior to joining Health Net in 2004, Piszel spent a decade at Prudential Financial Inc., most recently as senior vice president and corporate controller.

As CFO at Freddie Mac, Piszel will be responsible for the company's financial controls, financial reporting, tax, capital oversight and compliance with the requirements of Sarbanes-Oxley. He will also oversee the company's annual budgeting and financial planning processes. In short, he will be responsible for putting the company's back on a timely quarterly reporting schedule, which was derailed after its accounting irregularities have come to light. McQuade alluded to this in a statement the company released: Piszel's "broad experience, particularly in financial remediation, will be a tremendous asset to Freddie Mac as we continue our ongoing efforts to enhance our internal financial reporting infrastructure and return to timely, GAAP-compliant financial reporting."