Donald H. Layton is an industry veteran with more than 40 years of experience in banking, financial services and housing finance. Layton retired from Freddie Mac on June 30, 2019 after serving as CEO for seven years, a position he took as a public service.
Prior to joining Freddie Mac in 2012, Layton served as chairman and then CEO of E*TRADE Financial from 2007-2009.
He spent most of his career at JPMorgan Chase and its predecessors, rising through the ranks from a trainee to eventually become vice chairman responsible for managing about half of the company. Layton's responsibilities spanned capital markets and investment banking, consumer banking and operating services. From 2002 to 2004, he was responsible for Chase Financial Services, the consumer and middle-market business. He was co-chief executive officer of J.P. Morgan, the investment bank of the company, from 2000 to 2002 and oversaw its entire range of global activities. Prior to the merger of Chase Manhattan and J.P. Morgan in 2000, Layton was responsible for Chase's worldwide capital markets and trading activities, including foreign exchange, risk management products, emerging markets, fixed income and the bank’s investment portfolio and funding department. As well, he was responsible for Treasury & Securities Services, the operating services unit of the company, from 1999 until his retirement from JPMorgan Chase in 2004.
In addition to Enterprise, he sits on the boards of the nonprofits International Executive Service Corps and Children’s Health Fund, and serves as chairman emeritus of New York City’s Partnership for the Homeless, a nonprofit dedicated to reducing homelessness in New York City, after having served as its board chairman for a decade.
He served as a senior advisor to the Securities Industry and Financial Markets Association from 2006 to 2008.
Layton 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, graduating as a Baker Scholar.