CEO,in Japan

Fortress Investment Names Former Fannie Chief as CEO HW+

Asset-based investment management company Fortress Investment Group [stock FIG][/stock], which manages private equity and hedge funds, appointed the former head of mortgage giant Fannie Mae [stock FNM][/stock], Daniel Mudd, as CEO. Mudd also served as CEO of GE Capital in Japan and held positions in financial services and management consulting at the World Bank, Ayers Whitmore and Co. and Xerox Corp.