Koskinen, who was president and CEO of Palmieri Co. from 1979 to 1993, participated in the restructuring of Mutual Benefit, the largest insurance company in history to fail. Earlier, he served as deputy mayor and city administrator of the District of Columbia.
Laskawy, a 40-year veteran of Ernst & Young, served as chairman and CEO of the accounting firm from 1994 until September 2001. In 1985, he was named vice chairman and managing partner of the New York region and a member of the management committee. Most recently, he was chairman of the International Accounting Standards Committee Foundation.
The appointments come one week after Carlyle Group adviser David Moffett was named CEO of Freddie Mac, and Herbert Allison Jr., a 30-year veteran of Merrill Lynch & Co., became CEO of Fannie Mae. Most recently, Allison was chairman and chief executive of TIAA-Cref. Earlier, Moffett spent more than a decade with U.S. Bancorp as chief financial officer.
On Sunday, the FHFA issued a statement saying former Fannie CEO Daniel Mudd and former Freddie chief executive Richard Syron would not get their "golden parachute" payments that were in their contracts. A Bloomberg report noted that Syron, 64, could have received $12 million to $14 million in exit pay, while Mudd, 50, could have received $7 million to $9 million. - Baz Hiralal
See the FHFA's new hires announcement
Read the Bloomberg article
The Federal Housing Finance Agency appointed John Koskinen as nonexecutive chairman of Freddie Mac and Philip Laskawy as nonexecutive chairman of Fannie Mae. Both lenders received government bailouts last week after losing big in the mortgage mess.
