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Freddie Mac CEO Joins Children's Health Fund Board

NEW YORK, April 16, 2019 /PRNewswire/ -- Children's Health Fund (CHF), which brings high-quality healthcare to some of the country's most disadvantaged children, is pleased to welcome Donald H. Layton, the outgoing CEO of Freddie Mac, to its board of directors.

Since 2012, Don has presided over one of the largest sources of mortgage financing in the United States. He will be retiring from Freddie Mac on June 30 after having spent more than 40 years in the financial services sector and as a corporate leader. He worked for nearly 30 years at JPMorgan Chase and its predecessors, starting as a trainee and rising to vice chairman and member of the three-person Office of the Chairman, retiring in 2004. Don was chairman, and then CEO, of E*TRADE Financial from 2007 through 2009 and he served as a senior advisor to the Securities Industry and Financial Markets Association from 2006 to 2008. He also serves as chairman emeritus of the board of the Partnership for the Homeless, a nonprofit dedicated to reducing homelessness in New York City, after having been its chair for nearly a decade.

Don received simultaneous Bachelor and Master of Science degrees in economics from the Massachusetts Institute of Technology and a Master of Business Administration from Harvard Business School, where he was a Baker Scholar.

"I am excited to take on this leadership role at Children's Health Fund," said Don. "I view one of the great promises of America is that children can rise to realize their full potential, and providing them with good healthcare is a key part of making that happen."

"Children's Health Fund supports 26 programs across the country and works in partnership with its network of individuals committed to bringing care to children who need it most," said Dennis Walto, Chief Executive Officer of Children's Health Fund. "Don's joining the board of directors is a valued addition to the team in pursuit of this mission."

"Children's Health Fund is committed to expanding its services to more children in more locations," said Hervé Sedky, Chairman of the Board of Children's Health Fund. "It is only fitting that this dedication to expansion extends to our leadership. Being able to add Don's experience, knowledge and network enables us to have greater and deeper strategic insight to the health sector and the U.S. economy, which will increase the impact we have on the lives of children."

About Children's Health Fund

Children's Health Fund (CHF) envisions a future where all children in the United States get the care and support they need to thrive. Because healthcare is a critical component of that vision and inequities in access exist, CHF's mission is to ensure access to high-quality healthcare for America's most disadvantaged children. CHF also works to reduce health barriers to learning, brings the voice of children to local and national policy debates, and in times of disaster, activates care for those in need.

Since 1987, CHF has been delivering high-quality, comprehensive healthcare to children in some of the most impoverished and underserved communities in the country. From South Los Angeles to the Mississippi Delta, from the South Bronx to southern Arizona, every year our 26 national programs and fleet of 50 mobile medical clinics provide care to more than 100,000 children and their families living in poverty. We deliver this care at more than 400 service sites, including fixed-site clinics, schools, Head Start centers, homeless and domestic violence shelters, and community agencies.

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SOURCE Children's Health Fund