November 17, 2006
Board announces appointment of the chairmen and deputy chairmen of the twelve Federal Reserve Banks for 2007
For immediate release
The Federal Reserve Board on Friday announced the appointment of the chairmen and deputy chairmen of the twelve Federal Reserve Banks for 2007.
Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as chairman and a second as deputy chairman.
Following are the names of the chairmen and deputy chairmen appointed by the Board for 2007:
Boston
Lisa M. Lynch, William L. Clayton Professor of International Economic Affairs, The Fletcher School of Law and Diplomacy, Tufts University, Medford, Massachusetts, named Chairman.
Henri A. Termeer, Chairman, President, and Chief Executive Officer, Genzyme Corporation, Cambridge, Massachusetts, named Deputy Chairman.
New York
Jerry I. Speyer, President and Chief Executive Officer, Tishman Speyer, New York, New York, named Chairman.
Denis M. Hughes, President, New York State AFL-CIO, New York, New York, named Deputy Chairman.
Philadelphia
Doris M. Damm, President and Chief Executive Officer, ACCU Staffing Services, Cherry Hill, New Jersey, renamed Chairman.
William F. Hecht, Retired Chairman and Chief Executive Officer, PPL Corporation, Allentown, Pennsylvania, renamed Deputy Chairman.
Cleveland
Tanny B. Crane, President and Chief Executive Officer, Crane Group Company, Columbus, Ohio, named Chairman.
Alfred M. Rankin, Jr., Chairman, President, and Chief Executive Officer, NACCO Industries, Inc., Cleveland, Ohio, named Deputy Chairman.
Richmond
Thomas J. Mackell, Jr., Warrenton, Virginia, renamed Chairman.
Theresa M. Stone, President (retired), Lincoln Financial Media, Greensboro, North Carolina, renamed Deputy Chairman.
Atlanta
V. Larkin Martin, Managing Partner, Martin Farm, Courtland, Alabama, named Chairman.
D. Scott Davis, Chief Financial Officer, United Parcel Service, Atlanta, Georgia, named Deputy Chairman.
Chicago
Miles D. White, Chairman and Chief Executive Officer, Abbott, Abbott Park, Illinois, renamed Chairman.
John A. Canning, Jr., Chairman and Chief Executive Officer, Madison Dearborn Partners, Inc., Chicago, Illinois, renamed Deputy Chairman.
St. Louis
Irl F. Engelhardt, Chairman, Peabody Energy, St. Louis, Missouri, named Chairman.
Cynthia J. Brinkley, President, AT&T Missouri, St. Louis, Missouri, named Deputy Chairman.
Minneapolis
Frank L. Sims, Corporate Vice President, Transportation, Cargill, Inc., Wayzata, Minnesota, renamed Chairman.
James J. Hynes, Executive Administrator, Twin City Pipe Trades Service Association, St. Paul, Minnesota, renamed Deputy Chairman.
Kansas City
Robert A. Funk, Chairman and Chief Executive Officer, Express Personnel Services, International Headquarters, Oklahoma City, Oklahoma, renamed Chairman.
Lu M. Cordova, CEO, Corlund Industries and Chairman, CTEK Angels, Boulder, Colorado, renamed Deputy Chairman.
Dallas
James T. Hackett, Chairman, President, and Chief Executive Officer, Anadarko Petroleum Corporation, Houston, Texas, named Chairman.
Anthony R. Chase, Chairman and Chief Executive Officer, ChaseCom, L.P., Houston, Texas, renamed Deputy Chairman.
San Francisco
David K.Y. Tang, Partner, Preston Gates & Ellis LLP, Seattle, Washington, renamed Chairman.
T. Gary Rogers, Chairman and Chief Executive Officer, Dreyer's Grand Ice Cream, Inc., Oakland, California, renamed Deputy Chairman.