Federal Reserve System Organization
Congress designed the Federal Reserve System to give it a broad perspective on the economy and on economic activity in all parts of the nation. As such, the System is composed of a central, governmental agency—the Board of Governors—in Washington, D.C., and 12 regional Federal Reserve Banks. This section lists key officials across the System, including the Board of Governors, its officers, Federal Open Market Committee members, several System councils, and Federal Reserve Bank and Branch directors and officers for 2019.
Board of Governors
Members
The Board of Governors of the Federal Reserve System is composed of seven members, who are nominated by the President and confirmed by the Senate. The Chair and the Vice Chair of the Board are also named by the President from among the members and are confirmed by the Senate. This section lists Board members who served in 2019. For a full listing of Board members from 1914 through the present, visit www.federalreserve.gov/aboutthefed/bios/board/boardmembership.htm.
Jerome H. Powell
Chair
Richard H. Clarida
Vice Chair
Randal K. Quarles
Vice Chair for Supervision
Michelle W. Bowman
Lael Brainard
Divisions and Officers
Fifteen divisions support and carry out the mission of the Board of Governors, which is based in Washington, D.C.
Office of Board Members
Michelle A. Smith
Assistant to the Board and Director
Linda L. Robertson
Assistant to the Board
Lucretia M. Boyer
Assistant to the Board
David W. Skidmore
Assistant to the Board
Jennifer C. Gallagher
Special Assistant to the Board for Congressional Liaison
Jon Faust
Senior Special Adviser to the Chair
Joshua H. Gallin
Special Adviser to the Chair
Legal Division
Mark E. Van Der Weide
General Counsel
Richard M. Ashton
Deputy General Counsel
Laurie S. Schaffer
Deputy General Counsel
Jean C. Anderson
Associate General Counsel
Stephanie Martin
Associate General Counsel
Katherine H. Wheatley
Associate General Counsel (through August 1, 2019)
Alison M. Thro
Deputy Associate General Counsel
Cary K. Williams
Deputy Associate General Counsel
Patrick M. Bryan
Assistant General Counsel
Alicia S. Foster
Assistant General Counsel
Benjamin W. McDonough
Assistant General Counsel
Office of the Secretary
Ann Misback
Secretary of the Board
Margaret M. Shanks
Deputy Secretary
Yao-Chin Chao
Assistant Secretary
Michele T. Fennell
Assistant Secretary
Division of International Finance
Steven B. Kamin
Director
Thomas A. Connors
Deputy Director (through May 1, 2019)
Joseph W. Gruber1
Deputy Director
Beth Anne Wilson
Deputy Director
Shaghil Ahmed
Senior Associate Director
Brian M. Doyle2
Senior Associate Director
Sally M. Davies
Associate Director
Carol Bertaut
Deputy Associate Director
James A. Dahl
Deputy Associate Director
Matteo Iacoviello
Deputy Associate Director
Andrea Raffo
Deputy Associate Director
Paul Wood
Deputy Associate Director
Ricardo Correa
Assistant Director
Stephanie E. Curcuru
Assistant Director
Robert Vigfusson
Assistant Director and Chief
John H. Rogers
Senior Adviser
Brett Berger
Adviser
Division of Financial Stability
Andreas W. Lehnert
Director
Michael T. Kiley3
Deputy Director
William F. Bassett
Senior Associate Director
John W. Schindler
Senior Associate Director
Elizabeth Klee
Associate Director
Luca Guerrieri
Deputy Associate Director
Skander J. Van den Heuvel
Deputy Associate Director
Andrew M. Cohen
Assistant Director
Namirembe Mukasa
Assistant Director and Chief of Staff
Chiara Scotti
Assistant Director
Uzma Wahhab
Special Adviser
Division of Monetary Affairs
Thomas Laubach
Director
James A. Clouse
Deputy Director
Rochelle M. Edge
Deputy Director
Trevor A. Reeve
Deputy Director
David H. Bowman
Senior Associate Director
Gretchen C. Weinbach
Senior Associate Director
Margaret G. DeBoer
Associate Director
Mary T. Hoffman
Associate Director
J. David Lopez-Salido
Associate Director
Matthew M. Luecke
Associate Director
Katherine Tom
Associate Director
Min Wei
Associate Director
Eric C. Engstrom
Deputy Associate Director
Christopher J. Gust
Deputy Associate Director
Karen Brooks
Assistant Director
Michiel De Pooter
Assistant Director
Giovanni Favara
Assistant Director
Etienne Gagnon
Assistant Director
Dan Li
Assistant Director
Laura Lipscomb
Assistant Director
Zeynep Senyuz
Assistant Director
Rebecca Zarutskie
Assistant Director
Antulio Bomfim4
Senior Adviser
Jane E. Ihrig
Senior Adviser
Don H. Kim
Senior Adviser
Ellen E. Meade
Senior Adviser
Edward M. Nelson
Senior Adviser
Robert J. Tetlow
Senior Adviser
Egon Zakrajsek
Senior Adviser
Division of Research and Statistics
Stacey Tevlin
Director (as of February 3, 2019)
David W. Wilcox
Director (through February 3, 2019)
Jeffrey C. Campione
Deputy Director
Daniel M. Covitz
Deputy Director
William L. Wascher III
Deputy Director
Eric M. Engen
Senior Associate Director
Joshua H. Gallin
Senior Associate Director
Diana Hancock
Senior Associate Director
David E. Lebow
Senior Associate Director
Michael G. Palumbo
Senior Associate Director
Elizabeth K. Kiser
Associate Director
John J. Stevens
Associate Director
Burcu Duygan-Bump
Deputy Associate Director
J. Andrew Figura
Deputy Associate Director
Glenn R. Follette
Deputy Associate Director
Erik A. Heitfield
Deputy Associate Director
Patrick E. McCabe
Deputy Associate Director
Norman J. Morin
Deputy Associate Director
Karen M. Pence
Deputy Associate Director
John M. Roberts
Deputy Associate Director
Steven A. Sharpe
Deputy Associate Director
Shane M. Sherlund
Deputy Associate Director
Lillian Shewmaker
Deputy Associate Director
Paul A. Smith
Deputy Associate Director
Gianni Amisano
Assistant Director and Chief
Charles Fleischman
Assistant Director and Chief
Li Geng
Assistant Director and Chief
Paul Lengermann
Assistant Director and Chief
Byron Lutz
Assistant Director and Chief
Raven Molloy
Assistant Director and Chief
Matthias Paustian
Assistant Director and Chief
John E. Sabelhaus
Assistant Director (through September 1, 2019)
Gustavo Suarez
Assistant Director and Chief
Clara Vega
Assistant Director and Chief
Eric C. Engstrom
Senior Adviser
S. Wayne Passmore
Senior Adviser
Robin A. Prager
Senior Adviser
Jeremy Rudd
Senior Adviser
Division of Supervision and Regulation
Michael S. Gibson
Director
Jennifer Burns
Deputy Director
Arthur W. Lindo
Deputy Director
James Price
Deputy Director (as of July 15, 2019)
Michael Johnson
Acting Deputy Director (through May 30, 2019)
Mary L. Aiken
Senior Associate Director
Barbara J. Bouchard
Senior Associate Director
Richard N. Ragan
Senior Associate Director
Lisa Ryu
Senior Associate Director
Todd Vermilyea
Senior Associate Director
Kevin M. Bertsch
Associate Director
Nida Davis
Associate Director
Christopher Finger
Associate Director
Jeffery Gunther
Associate Director
Anna L. Hewko
Associate Director
Michael J. Hsu
Associate Director
John Kolb
Associate Director
Molly Mahar
Associate Director
Richard A. Naylor II
Associate Director
Michael Solomon
Associate Director (through July 31, 2019)
Thomas R. Sullivan
Associate Director
John Beebe
Deputy Associate Director
James Ray Diggs
Deputy Associate Director
Mona Elliot
Deputy Associate Director
Constance Horsley
Deputy Associate Director
Kathleen Johnson
Deputy Associate Director
Ryan P. Lordos
Deputy Associate Director
Lara Lylozian
Deputy Associate Director/Chief Accountant
David K. Lynch
Deputy Associate Director
Susan Motyka
Deputy Associate Director
T. Kirk Odegard
Deputy Associate Director
Catherine Piche
Deputy Associate Director
Laurie Priest
Deputy Associate Director
Steven Spurry
Deputy Associate Director
Joanne Wakim
Deputy Associate Director
Suzanne L. Williams
Deputy Associate Director
Karen Caplan
Assistant Director
Keith Coughlin
Assistant Director
Christine Graham
Assistant Director
Keith A. Ligon
Assistant Director
Ann McKeehan
Assistant Director
Brent Richards
Assistant Director
Vaishali Sack
Assistant Director
Robert Sarama
Assistant Director
Catherine A. Tilford
Assistant Director
Donna Webb
Assistant Director
Norah M. Barger
Senior Adviser
Steven P. Merriett
Senior Adviser (through June 30, 2019)
Robert T. Ashman
Adviser
Fang Du
Adviser
William F. Treacy
Adviser
Division of Consumer and Community Affairs
Eric S. Belsky
Director
V. Nicole Bynum
Deputy Director
Anna Alvarez Boyd
Senior Associate Director
Suzanne G. Killian
Senior Associate Director
Carol A. Evans
Associate Director
Phyllis L. Harwell
Associate Director
Marisa A. Reid
Associate Director
David E. Buchholz
Deputy Associate Director
Joseph A. Firschein
Deputy Associate Director
Minh-Duc T. Le
Assistant Director
Caterina Petrucco-Littleton
Assistant Director
Allen Fishbein
Senior Adviser
Division of Reserve Bank Operations and Payment Systems
Matthew J. Eichner
Director
Jeffrey C. Marquardt
Deputy Director (through March 31, 2019)
Marta E. Chaffee
Senior Associate Director
Gregory L. Evans
Senior Associate Director
Susan V. Foley
Senior Associate Director
Lawrence E. Mize
Senior Associate Director
Michael J. Lambert
Associate Director
Jennifer K. Liu
Associate Director
Jennifer A. Lucier
Associate Director
David C. Mills
Associate Director
Timothy W. Maas
Deputy Associate Director
Stuart E. Sperry
Deputy Associate Director
Jeffrey Walker
Deputy Associate Director
Casey Clark
Assistant Director and Manager
Sonja Danburg
Assistant Director and Manager
Jason Hinkle
Assistant Director and Manager
Brian Lawler
Assistant Director
Mark Manuszak
Assistant Director and Chief
Travis D. Nesmith
Assistant Director and Chief
Mark J. Olechowski
Assistant Director
Rebecca L. Royer
Assistant Director
Nick Trotta
Assistant Director and Manager
Office of the Chief Operating Officer
Patrick J. McClanahan
Chief Operating Officer
Michael J. Kraemer
Chief Data Officer
Sheila Clark
Diversity and Inclusion Programs Director
Phillip C. Daher
Assistant Director
Jeffrey A. Monica
Assistant Director
Steven Miranda
Program Executive (as of September 15, 2019)
Michell Clark
Senior Adviser (as of June 9, 2019)
Division of Financial Management
Ricardo Aguilera
Director and Chief Financial Officer
Stephen J. Bernard
Deputy Director
Christine Fields
Associate Director (through September 1, 2019)
Jeffrey R. Peirce
Deputy Associate Director
Karen L. Vassallo
Deputy Associate Director
Kimberly Briggs
Assistant Director
Andrew Leonard
Senior Adviser
Division of Management
Winona Varnon
Director (as of June 9, 2019)
Michell Clark
Director (through June 9, 2019)
Steven Miranda
Deputy Director (through September 15, 2019)
Tara Tinsley-Pelitere
Senior Associate Director
Tameika L. Pope
Senior Associate Director
Curtis B. Eldridge
Associate Director and Chief
Kendra Gastright
Associate Director
Ann Buckingham
Deputy Associate Director
Timothy E. Markey
Deputy Associate Director
Reginald V. Roach
Deputy Associate Director
Keith F. Bates
Assistant Director
Catherine Jack
Assistant Director
Tim Ly
Assistant Director
Jeffrey A. Martin
Assistant Director
Stephen E. Pearson
Assistant Director
Katherine Perez-Grines
Assistant Director and Assistant Chief
Jacqueline Raia
Assistant Director
Division of Information Technology
Sharon L. Mowry
Director
Lisa M. Bell
Deputy Director
Raymond Romero
Deputy Director
Kofi A. Sapong
Deputy Director
Glenn S. Eskow
Senior Associate Director
Sheryl Lynn Warren
Senior Associate Director
Rajasekhar R. Yelisetty
Senior Associate Director
Charles B. Young
Associate Director
William K. Dennison
Deputy Associate Director
Marietta Murphy
Deputy Associate Director
Theresa C. Palya
Deputy Associate Director
Deborah Prespare
Deputy Associate Director
Eric C. Turner
Deputy Associate Director
Brian Lester
Assistant Director
Scott Meyerle
Assistant Director
Can Xuan Nguyen
Assistant Director
Langston Shaw
Assistant Director
Jonathan F. Shrier
Assistant Director
Virginia M. Wall
Assistant Director
Edgar Wang
Assistant Director
Ivan K. Wun
Assistant Director
Office of Inspector General
Mark Bialek
Inspector General
Fred Gibson
Deputy Inspector General
Jacqueline M. Becker
Associate Inspector General
Gerald Maye
Associate Inspector General
Peter Sheridan
Associate Inspector General
Stephen Carroll
Deputy Associate Inspector General
Michael VanHuysen
Assistant Inspector General
Federal Open Market Committee
The Federal Open Market Committee is made up of the seven members of the Board of Governors; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Federal Reserve Bank presidents, who serve one-year terms on a rotating basis. During 2019, the Federal Open Market Committee held eight regularly scheduled meetings (see appendix B, "Minutes of Federal Open Market Committee Meetings").
Members
Jerome H. Powell
Chair, Board of Governors
John C. Williams
Vice Chairman, President, Federal Reserve Bank of New York
Michelle W. Bowman
Member, Board of Governors
Lael Brainard
Member, Board of Governors
James Bullard
President, Federal Reserve Bank of St. Louis
Richard H. Clarida
Member, Board of Governors
Charles L. Evans
President, Federal Reserve Bank of Chicago
Esther L. George
President, Federal Reserve Bank of Kansas City
Randal K. Quarles
Member, Board of Governors
Eric Rosengren
President, Federal Reserve Bank of Boston
Alternate Members
Patrick Harker
President, Federal Reserve Bank of Philadelphia
Robert S. Kaplan
President, Federal Reserve Bank of Dallas
Neel Kashkari
President, Federal Reserve Bank of Minneapolis
Loretta J. Mester
President, Federal Reserve Bank of Cleveland
Michael Strine
First Vice President, Federal Reserve Bank of New York
Officers
James A. Clouse
Secretary
Matthew M. Luecke
Deputy Secretary
David W. Skidmore
Assistant Secretary
Michelle A. Smith
Assistant Secretary
Mark E. Van Der Weide
General Counsel
Michael Held
Deputy General Counsel
Richard M. Ashton
Assistant General Counsel
Steven B. Kamin
Economist
Heinrich T. Laubach
Economist
Stacey Tevlin
Economist
Thomas A. Connors
Associate Economist (through May 1, 2019)
Rochelle M. Edge
Associate Economist
Eric M. Engen
Associate Economist
Beverly Hirtle
Associate Economist
Anna Paulson
Associate Economist (as of April 30, 2019)
Daniel G. Sullivan
Associate Economist (through April 30, 2019)
Geoffrey Tootell
Associate Economist
Christopher J. Waller
Associate Economist
William Wascher
Associate Economist
Jonathan L. Willis
Associate Economist
Beth Anne Wilson
Associate Economist
Simon Potter
Manager, System Open Market Account (through June 1, 2019)
Lorie K. Logan
Deputy Manager, System Open Market Account
Board of Governors Advisory Councils
The Federal Reserve Board uses advisory committees in carrying out its varied responsibilities. To learn more, visit https://www.federalreserve.gov/aboutthefed/advisorydefault.htm.
Federal Advisory Council
The Federal Advisory Council—a statutory body established under the Federal Reserve Act—consults with and advises the Board of Governors on all matters within the Board's jurisdiction. It is composed of one representative from each Federal Reserve District, chosen by the Reserve Bank in that District. The president and vice president of the council are selected from amongst council members. The Federal Reserve Act requires the council to meet in Washington, D.C., at least four times a year. In 2019, the council met on February 7–8, May 9–10, September 5–6, and November 21–22. The council met with the Board on February 8, May 10, September 6, and November 22, 2019.
Members
District 1
John R. Ciulla
President and Chief Executive Officer, Webster Financial Corporation and Webster Bank, Waterbury, CT
District 2
Rene F. Jones
Chairman and Chief Executive Officer, M&T Bank Corporation, Buffalo, NY
District 3
Jeffrey M. Schweitzer
Chief Executive Officer, Univest Bank and Trust Co., Souderton, PA
District 4
Beth E. Mooney
Chairman and Chief Executive Officer, KeyCorp, Cleveland, OH
District 5
Brian T. Moynihan
Chairman and Chief Executive Officer, Bank of America, Charlotte, NC
District 6
William H. Rogers, Jr.
Chairman and Chief Executive Officer, SunTrust Banks, Inc., Atlanta, GA
District 7
Jeffrey J. Brown
Chief Executive Officer, Ally Financial Inc., Detroit, MI
District 8
Ronald J. Kruszewski
Chairman, President, and Chief Executive Officer, Stifel Financial Corp., St. Louis, MO
District 9
Kevin P. Riley
President and Chief Executive Officer, First Interstate BancSystem, Inc., Billings, MT
District 10
John B. Dicus
President and Chief Executive Officer, Capitol Federal Financial, Inc., Topeka, KS
District 11
Phillip D. Green
Chairman and Chief Executive Officer, Cullen/Frost Bankers Inc., San Antonio, TX
District 12
James H. Herbert, II
Chairman and CEO, First Republic Bank, San Francisco, CA
Officers
Beth E. Mooney
President
William H. Rogers, Jr.
Vice President
Herb Taylor
Secretary
Community Depository Institutions Advisory Council
The Community Depository Institutions Advisory Council advises the Board of Governors on the economy, lending conditions, and other issues of interest to community depository institutions. Members are selected from among representatives of banks, thrift institutions, and credit unions who are serving on local advisory councils at the 12 Federal Reserve Banks. One member of each of the Reserve Bank councils serves on the Community Depository Institutions Advisory Council. The president and vice president are selected from amongst council members. The council usually meets with the Board twice a year in Washington, D.C. In 2019, the council met on April 5 and November 8.
Members
District 1
Dorothy A. Savarese
Chairman, President and Chief Executive Officer, Cape Cod 5, Orleans, MA
District 2
Tyrone E. Muse
President and Chief Executive Officer, Visions Federal Credit Union, Endicott, NY
District 3
Christopher D. Maher
President and Chief Executive Officer, OceanFirst Financial Corporation and OceanFirst Bank, Toms River, NJ
District 4
T. Michael Price
President and Chief Executive Officer, President and Chief Executive Officer, First Commonwealth Financial Corp., Indiana, PA
District 5
Robert A. DeAlmeida
Director, Orrstown Bank, Harrisburg, PA
District 6
Alvin J. Cowans
President and Chief Executive Officer, McCoy Federal Credit Union, Orlando, FL
District 7
Douglas S. Gordon
President and Chief Executive Officer, WaterStone Bank, SSB, Wauwatosa, WI
District 8
Ann Wells
Chief Executive Officer, Commonwealth Bank & Trust Company, Louisville, KY
District 9
Shari Laven
Chief Executive Officer, Viking Bank, Alexandria, MN
District 10
Brad Koehn
Regional President,Midwest Bank, Lincoln, NE
District 11
Joe Quiroga
President,Texas National Bank, Edinburg, TX
District 12
Richard M. Sanborn
President and Chief Executive Officer, Seacoast Commerce Bank and Seacoast Commerce Banc Holdings, San Diego, CA
Officers
Christopher D. Maher
President
Joe Quiroga
Vice President
Community Advisory Council
The Community Advisory Council was formed in 2015 to advise the Board of Governors on the economic circumstances and financial services needs of consumers and communities, with a particular focus on the concerns of low- and moderate-income populations. The council is composed of a diverse group of experts and representatives of consumer and community development organizations and interests, including from such fields as affordable housing, community and economic development, employment and labor, financial services and technology, small business, and asset and wealth building. One member of the council serves as its chair. The council first met with the Board in November 2015, and meets with the Board twice each year. In 2019, the council met with the Board on May 24 and November 1.
Members
Juan Bonilla
Deputy Director, Lawrence Community Works, Lawrence, MA
Adrian M. Brooks
CEO, Memorial Community Development Corporation, Evansville, IN
Barrett Burns
President and CEO, VantageScore Solutions LLC, Stamford, CT
Vanessa Calderón-Rosado
CEO, IBA (Inquilinos Boricuas en Acción), Boston, MA
Joshua Downey
President, Denver Area Labor Federation, AFL-CIO, Denver, CO
Donald Hinkle-Brown
President and CEO,Reinvestment Fund, Philadelphia, PA
Barb Lau
Executive Director,Association of Women Contractors, St. Paul, MN
Andrea Levere
President, Prosperity Now, Washington, DC
Andreanecia Morris
Executive Director, HousingNOLA, New Orleans, LA
Marc Norman
Associate Professor of Practice, University of Michigan, Taubman College of Architecture and Urban Planning, Ann Arbor, MI
Jonny Price
Director of Business Development, Wefunder, San Francisco, CA
Gerry Roll
Executive Director, Foundation for Appalachian Kentucky, Chavies, KY
Bethany Sanchez
Fair Lending Director, Metropolitan Milwaukee Fair Housing Council, Milwaukee, WI
Bill Schlesinger
Co-Director, Project Vida, El Paso, TX
Jesse Van Tol
CEO, National Community Reinvestment Coalition, Washington, DC
Officers
Andrea Levere
Chair
Donald Hinkle-Brown
Vice Chair
Model Validation Council
The Model Validation Council was established in 2012 by the Board of Governors to provide expert and independent advice on its process to rigorously assess the models used in stress tests of banking institutions. The Dodd-Frank Wall Street Reform and Consumer Protection Act required the Federal Reserve to conduct annual stress tests of large bank holding companies and systemically important, nonbank financial institutions supervised by the Board. The Model Validation Council provides input on the Board's efforts to assess the effectiveness of the models used in the stress tests. The council is intended to improve the quality of the Federal Reserve's model assessment program and to strengthen the confidence in the integrity and independence of the program.
Members
Monika Piazzesi
Professor, Stanford University
Jennie Bai
Assistant Professor, Georgetown University
Robert Stine
Professor, University of Pennsylvania
Paul Glasserman
Professor,Columbia University
Stijn Van Nieuwerburgh
Professor,Columbia University
Andrew Patton
Professor, Duke University
Federal Reserve Banks and Branches
To carry out the day-to-day operations of the Federal Reserve System, the nation has been divided into 12 Federal Reserve Districts, each with a Reserve Bank. The majority of Reserve Banks also have at least one Branch.
Federal Reserve Bank and Branch Directors
As required by the Federal Reserve Act, each Federal Reserve Bank is supervised by a nine-member board with three different classes of three directors each: Class A directors, who are nominated and elected by the member banks in that District to represent the stockholding banks; Class B directors, who are nominated and elected by the member banks to represent the public; and Class C directors, who are appointed by the Board of Governors to represent the public. Class B and Class C directors are selected with due, but not exclusive, consideration to the interests of agriculture, commerce, industry, services, labor, and consumers. Each Federal Reserve Bank Branch also has a board with either five or seven directors. A majority of the directors on each Branch board are appointed by the Federal Reserve Bank, with the remaining directors appointed by the Board of Governors.
For more information on Reserve Bank and Branch directors, see https://www.federalreserve.gov/aboutthefed/directors/about.htm.
Reserve Bank and Branch directors are listed below. For each director, the class of directorship, the director's principal place of business, and the expiration date of the director's current term are shown. Also shown are maps that identify Federal Reserve Districts by their official number, city, and letter designation. For more information on the Federal Reserve indicator letters, see https://www.uscurrency.gov/denominations/bank-note-identifiers.
District 1–Boston
Covers the states of Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont; and all but Fairfield County in Connecticut.
For more information on this District and to learn more about the Federal Reserve Bank of Boston's operations, visit https://www.bostonfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/bostonfinstmt2019.pdf.
Class A
Bruce Van Saun, 2019
Chairman and Chief Executive Officer, Citizens Financial Group, Stamford, CT
Michael E. Tucker, 2020
President and Chief Executive Officer, Greenfield Cooperative Bank, Greenfield, MA
Chandler Howard, 2021
Retired President and Chief Executive Officer, Liberty Bank, Middletown, CT
Class B
Niraj Shah, 2019
Chief Executive Officer, Co-Founder, and Co-Chairman, Wayfair, Boston, MA
Kimberly Sherman Stamler, 2020
President, Related Beal, Boston, MA
Roger W. Crandall, 2021
Chairman, President, and Chief Executive Officer, MassMutual Financial Group, Springfield, MA
Class C
Christina Hull Paxson, 2019
President, Brown University, Providence, RI
Kathleen E. Walsh, 2020
President and Chief Executive Officer, Boston Medical Center, Boston, MA
Phillip L. Clay, 2021
Professor Emeritus of City Planning, Massachusetts Institute of Technology, Cambridge, MA
District 2–New York
Covers the state of New York; Fairfield County in Connecticut; and 12 counties in northern New Jersey, and serves the Commonwealth of Puerto Rico and the U.S. Virgin Islands.
For more information on this District and to learn more about the Federal Reserve Bank of New York's operations, visit https://www.newyorkfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/newyorkfinstmt2019.pdf.
Class A
Gerald H. Lipkin, 2019
Chairman, Valley National Bank and Valley National Bancorp, Wayne, NJ
Paul P. Mello, 2020
President and Chief Executive Officer, Solvay Bank, Solvay, NY
James P. Gorman, 2021
Chairman and Chief Executive Officer, Morgan Stanley, New York, NY
Class B
Adena T. Friedman, 2019
President and Chief Executive Officer, Nasdaq, New York, NY
Charles Phillips, 2020
Chief Executive Officer, Infor, New York, NY
Glenn H. Hutchins, 2021
Chairman,North Island, and Co-Founder, Silver Lake, New York, NY
Class C
Denise Scott, 2019
Executive Vice President, Local Initiatives Support Corporation, New York, NY
Rosa Gil, 2020
President and Chief Executive Officer, Comunilife, Inc., New York, NY
Vincent Alvarez, 2021
President, New York City Central Labor Council, AFL-CIO, New York, NY
District 3–Philadelphia
Covers the state of Delaware; nine counties in southern New Jersey; and 48 counties in the eastern two-thirds of Pennsylvania.
For more information on this District and to learn more about the Federal Reserve Bank of Philadelphia's operations, visit https://www.philadelphiafed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/philadelphiafinstmt2019.pdf.
Class A
William S. Aichele, 2019
Chairman, Univest Corporation of Pennsylvania, Souderton, PA
Jon S. Evans, 2020
President and Chief Executive Officer, Atlantic Community Bankers Bank, Camp Hill, PA
Timothy Snyder, 2021
President and Chief Executive Officer, Fleetwood Bank, Fleetwood, PA
Class B
Anthony Ibarguen, 2019
President, AquaVenture Holdings, Ltd., and Chief Executive Officer, Quench USA, Inc., King of Prussia, PA
Patricia Hasson, 2020
President and Executive Director, Clarifi, Philadelphia, PA
Julia H. Klein, 2021
Chairwoman and Chief Executive Officer, C. H. Briggs Company, Reading, PA
Class C
Brian M. McNeill, 2019
President and Chief Executive Officer, TouchPoint, Inc., Concordville, PA
Madeline Bell, 2020
President and Chief Executive Officer, The Children's Hospital of Philadelphia – CHOP, Philadelphia, PA
Phoebe Haddon, 2021
Chancellor, Rutgers University–Camden, Camden, NJ
District 4–Cleveland
Covers the state of Ohio; 56 counties in eastern Kentucky; 19 counties in western Pennsylvania; and 6 counties in northern West Virginia.
For more information on this District and to learn more about the Federal Reserve Bank of Cleveland's operations, visit https://www.clevelandfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/clevelandfinstmt2019.pdf.
Class A
Stephen D. Steinour, 2019
Chairman, President, and Chief Executive Officer, Huntington Bancshares Incorporated, Columbus, OH
Dean J. Miller, 2020
President and Chief Executive Officer, First National Bank of Bellevue, Bellevue, OH
Eddie L. Steiner, 2021
President and Chief Executive Officer, CSB Bancorp, Inc., Millersburg, OH
Class B
David Megenhardt, 2019
Executive Director, United Labor Agency, Cleveland, OH
Charles H. Brown, 2020
Retired Executive Adviser, Toyota Motor North America, Erlanger, KY
Valarie L. Sheppard, 2021
Comptroller Treasurer and Executive Vice President-Company Transition Leader, The Procter & Gamble Company, Cincinnati, OH
Class C
Dwight E. Smith, 2019
President and Chief Executive Officer, Sophisticated Systems, Inc., Columbus, OH
Doris Carson Williams, 2020
President and Chief Executive Officer, African American Chamber of Commerce of Western Pennsylvania, Pittsburgh, PA
Dawne S. Hickton, 2021
President and Chief Operating Officer, Jacobs Aerospace, Technology & Nuclear, Pittsburgh, PA
Cincinnati Branch
Appointed by the Federal Reserve Bank
Darin C. Hall, 2019
President and Chief Executive Officer, Civitas Development Group, Cincinnati, OH
Alfonso Cornejo, 2020
President, Hispanic Chamber Cincinnati USA, Cincinnati, OH
David C. Evans, 2020
President and Chief Executive Officer, TESSEC LLC, Dayton, OH
Tucker Ballinger, 2021
President and Chief Executive Officer, Forcht Bank, N.A., Lexington, KY
Appointed by the Board of Governors
Holly B. Wiedemann, 2019
Founder and President, AU Associates, Inc., Lexington, KY
Jenell R. Ross, 2020
President, Bob Ross Auto Group, Centerville, OH
Rachid Abdallah, 2021
Chairman and Chief Executive Officer, Jedson Engineering, Cincinnati, OH
Pittsburgh Branch
Appointed by the Federal Reserve Bank
Shelley L. Fant, 2019
President and Chief Executive Officer, FCG Solutions, Inc., Pittsburgh, PA
Audrey Dunning, 2020
President and Chief Executive Officer, AMP Growth Advisors, LLC, Cranberry Township, PA
Robert I. Glimcher, 2020
President, Glimcher Group Inc., Pittsburgh, PA
Vera Krekanova, 2021
Chief Research Officer, Allegheny Conference on Community Development, Pittsburgh, PA
Appointed by the Board of Governors
Kathryn Z. Klaber, 2019
Managing Partner, The Klaber Group, Sewickley, PA
Suzanne Mellon, 2020
President, Carlow University, Pittsburgh, PA
Dmitri D. Shiry, 2021
Managing Partner Deloitte-Pittsburgh, Deloitte LLP, Pittsburgh, PA
District 5–Richmond
Covers the states of Maryland, Virginia, North Carolina, and South Carolina; 49 counties constituting most of West Virginia; and the District of Columbia.
For more information on this District and to learn more about the Federal Reserve Bank of Richmond's operations, visit https://www.richmondfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/richmondfinstmt2019.pdf.
Class A
William A. Loving, Jr., 2019
President and Chief Executive Officer, Pendleton Community Bank, Franklin, WV
Robert R. Hill, Jr., 2020
Chief Executive Officer, South State Corporation, Columbia, SC
Susan K. Still, 2021
President and Chief Executive Officer, HomeTown Bankshares Corporation and HomeTown Bank, Roanoke, VA
Class B
Ángel Cabrera, 2019
President, Georgia Institute of Technology, Atlanta, GA
Thomas C. Nelson, 2020
Chairman, President, and Chief Executive Officer, National Gypsum Company, Charlotte, NC
Catherine A. Meloy, 2021
President and Chief Executive Officer, Goodwill of Greater Washington/Goodwill Excel Center, Washington, DC
Class C
Margaret G. Lewis, 2019
Retired President, HCA Capital Division, Richmond, VA
Kathy J. Warden, 2020
Chief Executive Officer and President, Northrop Grumman Corporation, Falls Church, VA
Eugene A. Woods, 2021
President and Chief Executive Officer, Atrium Health, Charlotte, NC
Baltimore Branch
Appointed by the Federal Reserve Bank
Mary Ann Scully, 2019
Chairman, President, and Chief Executive Officer, Howard Bancorp, Ellicott City, MD
Vacancy, 2020
Laura L. Gamble, 2021
Regional President Greater Maryland, PNC, Baltimore, MD
Tom Geddes, 2021
Chief Executive Officer, Plank Industries, Baltimore, MD
Appointed by the Board of Governors
Wayne A. I. Frederick, MD, 2019
President, Howard University, Washington, DC
Susan J. Ganz, 2020
Chief Executive Officer, Lion Brothers Company, Inc., Owings Mills, MD
Kenneth R. Banks, 2021
President and Chief Executive Officer, Banks Contracting Company, Greenbelt, MD
Charlotte Branch
Appointed by the Federal Reserve Bank
Michael C. Crapps, 2019
President and Chief Executive Officer, First Community Bank, Lexington, SC
Vacancy, 2020
Michael D. Garcia, 2021
President, Pulp and Paper, Domtar Corp., Fort Mill, SC
Jerry L. Ocheltree, 2021
President and Chief Executive Officer, Carolina Trust Bank, Lincolnton, NC
Appointed by the Board of Governors
Vacancy, 2019
R. Glenn Sherrill, Jr., 2020
Chairman and Chief Executive Officer, SteelFab Inc., Charlotte, NC
Laura Y. Clark, 2021
Executive Vice President and Chief Impact Officer, United Way of Central Carolinas, Charlotte, NC
District 6–Atlanta
Covers the states of Alabama, Florida, and Georgia; 74 counties in the eastern two-thirds of Tennessee; 38 parishes of southern Louisiana; and 43 counties of southern Mississippi.
For more information on this District and to learn more about the Federal Reserve Bank of Atlanta's operations, visit https://www.atlantafed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/atlantafinstmt2019.pdf.
Class A
Robert W. Dumas, 2019
Chairman, President, and Chief Executive Officer, AuburnBank, Auburn, AL
Kessel D. Stelling, Jr., 2020
Chairman and Chief Executive Officer, Synovus Financial Corporation, Columbus, GA
Claire W. Tucker, 2021
Chief Executive Officer, CapStar Financial Holdings, Inc., Nashville, TN
Class B
Mary A. Laschinger, 2019
Chairman and Chief Executive Officer, Veritiv Corporation, Atlanta, GA
Jonathan T.M. Reckford, 2020
Chief Executive Officer, Habitat for Humanity International, Atlanta, GA
Michael Russell, 2021
Chief Executive Officer, H.J. Russell and Company, Atlanta, GA
Class C
Elizabeth A. Smith, 2019
Executive Chair, Bloomin' Brands, Inc., Tampa, FL
Myron A. Gray, 2020
Retired President, U.S. Operations, United Parcel Service, Atlanta, GA
Claire Lewis Arnold, 2021
Chief Executive Officer, Leapfrog Services, Inc., Atlanta, GA
Birmingham Branch
Appointed by the Federal Reserve Bank
Brian C. Hamilton, 2019
President and Chief Executive Officer, Trillion Communications Corp., Bessemer, AL
Herschell L. Hamilton, 2020
Chief Strategic Officer, BLOC Global Group, Birmingham, AL
David M. Benck, 2021
Vice President and General Counsel, Hibbett Sports, Birmingham, AL
David L. Nast, 2021
President and Chief Executive Officer, Progress Bank, Huntsville, AL
Appointed by the Board of Governors
Merrill H. Stewart, Jr., 2019
President, The Stewart/Perry Company, Inc., Birmingham, AL
Nancy C. Goedecke, 2020
Chairman and Chief Executive Officer, Mayer Electric Supply Company, Inc., Birmingham, AL
Vacancy, 2021
Jacksonville Branch
Appointed by the Federal Reserve Bank
Paul G. Boynton, 2019
Chairman, President, and Chief Executive Officer, Rayonier Advanced Materials, Inc., Jacksonville, FL
William O. West, 2020
Chief Executive Officer, The Bank of Tampa, Tampa, FL
John Hirabayashi, 2021
President and Chief Executive Officer, Community First Credit Union of Florida, Jacksonville, FL
Dawn Lockhart, 2021
Director of Strategic Partnerships, Office of the Mayor, City of Jacksonville, Jacksonville, FL
Appointed by the Board of Governors
Nicole B. Thomas, 2019
Hospital President, Baptist Medical Center South, Jacksonville, FL
Troy D. Taylor, 2020
Chairman and Chief Executive Officer, Coca-Cola Beverages Florida, LLC, Tampa, FL
Timothy P. Cost, 2021
President, Jacksonville University, Jacksonville, FL
Miami Branch
Appointed by the Federal Reserve Bank
Eduardo Arriola, 2019
Chairman and Chief Executive Officer, Apollo Bank, Miami, FL
N. Maria Menendez, 2020
Chief Financial Officer, GL Homes of Florida Holding, Sunrise, FL
Victoria E. Villalba, 2020
President and Chief Executive Officer, Victoria & Associates Career Services, Inc., Miami, FL
Abel L. Iglesias, 2021
President and Chief Executive Officer, Professional Bank, Coral Gables, FL
Appointed by the Board of Governors
Ana M. Menendez, 2019
Chief Financial Officer and Treasurer, Watsco, Inc., Miami, FL
Keith T. Koenig, 2020
President, City Furniture, Tamarac, FL
Michael A. Wynn, 2021
Board Chairman and President, Sunshine Ace Hardware, Bonita Springs, FL
Nashville Branch
Appointed by the Federal Reserve Bank
Amber Krupacs, 2019
Chief Financial Officer and Executive Vice President, Clayton Homes, Maryville, TN
John W. Garratt, 2020
Executive Vice President and Chief Financial Officer, Dollar General, Goodlettsville, TN
Beth R. Chase, 2021
Senior Managing Director, Ankura Consulting Group, Nashville, TN
Leif M. Murphy, 2021
Chief Executive Officer, TeamHealth Holdings, Inc., Knoxville, TN
Appointed by the Board of Governors
Matthew S. Bourlakas, 2019
President and Chief Executive Officer, Goodwill Industries of Middle Tennessee, Inc., Nashville, TN
Heath M. Holtz, 2020
Senior Vice President, Manufacturing, Purchasing and Supply Chain, Nissan North America, Inc., Franklin, TN
Thomas Zacharia, 2021
Laboratory Director/ President and Chief Executive Officer, Oak Ridge National Laboratory/ UT-Battelle, LLC, Oak Ridge, TN
New Orleans Branch
Appointed by the Federal Reserve Bank
Toni D. Cooley, 2019
Chief Executive Officer, Systems Companies, Jackson, MS
Lampkin Butts, 2020
President and Chief Operating Officer, Sanderson Farms, Inc., Laurel, MS
Katherine A. Crosby, 2021
Board Chair, Fidelity Bank, New Orleans, LA
David T. Darragh, 2021
Retired President and Chief Executive Officer, Reily Foods Company, New Orleans, LA
Appointed by the Board of Governors
G. Janelle Frost, 2019
President and Chief Executive Officer, AMERISAFE, Inc., DeRidder, LA
Michael E. Hicks, 2020
President and Chief Executive Officer, Hixardt Technologies, Inc., Pensacola, FL
Art E. Favre, 2021
President and Chief Executive Officer, Performance Contractors, Inc., Baton Rouge, LA
District 7–Chicago
Covers the state of Iowa; 68 counties of northern Indiana; 50 counties of northern Illinois; 68 counties of southern Michigan; and 46 counties of southern Wisconsin.
For more information on this District and to learn more about the Federal Reserve Bank of Chicago's operations, visit https://www.chicagofed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/chicagofinstmt2019.pdf.
Class A
Abram A. Tubbs, 2019
Chairman and Chief Executive Officer, Ohnward Bank & Trust, Cascade, IA
David W. Nelms, 2020
Former Chairman, Discover Financial Services, Riverwoods, IL
Christopher J. Murphy III, 2021
Chairman and Chief Executive Officer, 1st Source Bank, South Bend, IN
Class B
Jorge Ramirez, 2019
Managing Director, GCM Grosvenor, Chicago, IL
Helene D. Gayle, 2020
President and Chief Executive Officer, The Chicago Community Trust, Chicago, IL
Susan M. Collins, 2021
Professor of Public Policy and Economics, University of Michigan, Ann Arbor, MI
Class C
Vacancy, 2019
E. Scott Santi, 2020
Chairman and Chief Executive Officer, Illinois Tool Works Inc., Glenview, IL
Wright L. Lassiter III, 2021
President and Chief Executive Officer, Henry Ford Health System, Detroit, MI
Detroit Branch
Appointed by the Federal Reserve Bank
Michael L. Seneski, 2019
Chief Financial Officer, Credibly, Troy, MI
Sandy K. Baruah, 2020
President and Chief Executive Officer, Detroit Regional Chamber, Detroit, MI
Sandra E. Pierce, 2020
Chairman & Senior Executive Vice President, Private Client Group and Regional Banking Director, Huntington Michigan, Southfield, MI
Rip Rapson, 2021
President and Chief Executive Officer, The Kresge Foundation, Troy, MI
Appointed by the Board of Governors
Linda P. Hubbard, 2019
President and Chief Operating Officer, Carhartt, Inc., Dearborn, MI
Joseph B. Anderson, Jr., 2020
Chairman and Chief Executive Officer, TAG Holdings, LLC, Wixom, MI
James M. Nicholson, 2021
Co-Chairman, PVS Chemicals, Inc., Detroit, MI
District 8–St. Louis
Covers the state of Arkansas; 44 counties in southern Illinois; 24 counties in southern Indiana; 64 counties in western Kentucky; 39 counties in northern Mississippi; 71 counties in central and eastern Missouri; the city of St. Louis; and 21 counties in western Tennessee.
For more information on this District and to learn more about the Federal Reserve Bank of St. Louis's operations, visit https://www.stlouisfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/stlouisfinstmt2019.pdf.
Class A
D. Bryan Jordan, 2019
Chairman, President, and Chief Executive Officer, First Horizon National Corporation, Memphis, TN
Elizabeth G. McCoy, 2020
President and Chief Executive Officer, Planters Bank, Hopkinsville, KY
Patricia L. Clarke, 2021
President and Chief Executive Officer, First National Bank of Raymond, Raymond, IL
Class B
Alice K. Houston, 2019
Chief Executive Officer, HJI Supply Chain Solutions, Louisville, KY
John N. Roberts III, 2020
President and Chief Executive Officer, J.B. Hunt Transport Services, Inc., Lowell, AR
Vacancy, 2021
Class C
Kathleen M. Mazzarella, 2019
Chairman, President, and Chief Executive Officer, Graybar Electric Company, Inc., St. Louis, MO
James M. McKelvey, Jr., 2020
Chief Executive Officer, Invisibly, Inc., St. Louis, MO
Suzanne Sitherwood, 2021
President and Chief Executive Officer, Spire Inc., St. Louis, MO
Little Rock Branch
Appointed by the Federal Reserve Bank
R. Andrew Clyde, 2019
President and Chief Executive Officer, Murphy USA Inc., El Dorado, AR
Keith Glover, 2020
President and Chief Executive Officer, Producers Rice Mill, Inc., Stuttgart, AR
Karama Neal, 2020
Chief Operating Officer, Southern Bancorp Community Partners, Little Rock, AR
Jeff Lynch, 2021
President and Chief Executive Officer, Eagle Bank and Trust, Little Rock, AR
Appointed by the Board of Governors
Millie A. Ward, 2019
President, Stone Ward, Little Rock, AR
Vickie D. Judy, 2020
Chief Financial Officer and Vice President, America's Car-Mart, Inc, Bentonville, AR
Jamie Henry, 2021
Vice President Finance, Emerging Payments, Walmart Inc., Bentonville, AR
Louisville Branch
Appointed by the Federal Reserve Bank
Patrick J. Glotzbach, 2019
Director, New Independent Bancshares, Inc., Charlestown, IN
Emerson M. Goodwin, 2020
Vice President of Operations, ARcare d/b/a KentuckyCare, Paducah, KY
Blake B. Willoughby, 2020
President, First Breckinridge Bancshares, Inc., Irvington, KY
Ben Reno-Weber, 2021
Project Director, Greater Louisville Project, Louisville, KY
Appointed by the Board of Governors
Randy W. Schumaker, 2019
Former President and Chief Management Officer, Logan Aluminum, Inc., Russellville, KY
Sadiqa N. Reynolds, 2020
President and Chief Executive Officer, Louisville Urban League, Louisville, KY
Vacancy, 2021
Memphis Branch
Appointed by the Federal Reserve Bank
J. Brice Fletcher, 2019
Chairman, First National Bank of Eastern Arkansas, Forrest City, AR
Michael E. Cary, 2020
President and Chief Executive Officer, Carroll Bank and Trust, Huntingdon, TN
Michael Ugwueke, 2020
President and Chief Executive Officer, Methodist Le Bonheur Healthcare, Memphis, TN
Beverly Crossen, 2021
Owner, Farmhouse Tupelo, Tupelo, MS
Appointed by the Board of Governors
Carolyn Chism Hardy, 2019
President and Chief Executive Officer, Chism Hardy Investments, LLC, Collierville, TN
David T. Cochran, Jr., 2020
Partner, CoCo Planting Co., Avon, MS
Eric D. Robertson, 2021
President, Community LIFT Corporation, Memphis, TN
District 9–Minneapolis
Covers the states of Minnesota, Montana, North Dakota, and South Dakota; the Upper Peninsula of Michigan; and 26 counties in northern Wisconsin.
For more information on this District and to learn more about the Federal Reserve Bank of Minneapolis's operations, visit https://www.minneapolisfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/minneapolisfinstmt2019.pdf.
Class A
Catherine T. Kelly, 2019
Regional President, PNC Bank Financial Services Group, Minneapolis-St. Paul, Minneapolis, MN
Thomas W. Armstrong, 2020
Senior Vice President/ Market President, Forward Bank, Park Falls, WI
Jeanne H. Crain, 2021
President and Chief Executive Officer, Bremer Financial Corporation, St. Paul, MN
Class B
David R. Emery, 2019
Executive Chairman, Black Hills Corporation, Rapid City, South Dakota
Kathleen Neset, 2020
President, Neset Consulting Service, Tioga, ND
Sarah Walsh, 2021
Chief Operating Officer, PayneWest Insurance, Helena, MT
Class C
Kendall J. Powell, 2019
Retired Chairman, General Mills, Inc., Minneapolis, MN
Srilata Zaheer, 2020
Dean, Carlson School of Management, University of Minnesota, Minneapolis, MN
Harry D. Melander, 2021
President, Minnesota Building and Construction Trades Council, St. Paul, MN
Helena Branch
Appointed by the Federal Reserve Bank
Mary Rutherford, 2019
President and Chief Executive Officer, Montana Community Foundation, Helena, MT
William E. Coffee, 2020
Chief Executive Officer, Stockman Financial Corporation, Billings, MT
Jason Adams, 2021
Chief Financial Officer, Energy Keepers, Inc., Polson, MT
Appointed by the Board of Governors
Norma Nickerson, 2020
Director, Institute for Tourism & Recreation Research, University of Montana, Missoula, MT
Bobbi Wolstein, 2021
Chief Financial Officer, LHC, Inc., Kalispell, MT
District 10–Kansas City
Covers the states of Colorado, Kansas, Nebraska, Oklahoma, and Wyoming; 43 counties in western Missouri; and 14 counties in northern New Mexico.
For more information on this District and to learn more about the Federal Reserve Bank of Kansas City's operations, visit https://www.kansascityfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/kansascityfinstmt2019.pdf.
Class A
Gregory Hohl, 2019
Chairman and President, Wahoo State Bank, Wahoo, NE
Patricia J. Minard, 2020
President and Chief Executive Officer, Southwest National Bank, Wichita, KS
Kyle Heckman, 2021
Chairman, President, and Chief Executive Officer, Flatirons Bank, Boulder, CO
Class B
Douglas J. Stussi, 2019
Executive Vice President and Treasurer, Love's Travel Stops & Country Stores, Managing Director, Love Family Office, Oklahoma City, OK
Lilly Marks, 2020
Vice President for Health Affairs, University of Colorado and Anschutz Medical Campus, Aurora, CO
Brent A. Stewart, Sr., 2021
President and Chief Executive Officer, United Way of Greater Kansas City, Kansas City, MO
Class C
Rose M. Washington, 2019
Chief Executive Officer, Tulsa Economic Development Corporation, Tulsa, OK
James C. Farrell, 2020
President and Chief Executive Officer, Farmers National Company, Omaha, NE
Edmond Johnson, 2021
President and Owner, Premier Manufacturing, Inc., Frederick, CO
Denver Branch
Appointed by the Federal Reserve Bank
Jeffrey C. Wallace, 2019
Chief Executive Officer, Wyoming Bank & Trust, Cheyenne, WY
Ashley J. Burt, 2020
President and Chief Executive Officer, The Gunnison Bank and Trust Company, Gunnison, CO
Nicole Glaros, 2021
Chief Investment Strategy Officer, Techstars, Boulder, CO
Katharine W. Winograd, 2021
President, Central New Mexico Community College, Albuquerque, NM
Appointed by the Board of Governors
Taryn Christison, 2019
Senior Vice President, Saunders Construction, Englewood, CO
Vacancy, 2020
Jacqueline Baca, 2021
President, Bueno Foods, Albuquerque, NM
Oklahoma City Branch
Appointed by the Federal Reserve Bank
Susan Chapman Plumb, 2019
Board Chair and Chief Executive Officer, Bank of Cherokee County, Tahlequah, OK
Christopher C. Turner, 2019
President and Chief Financial Officer, The First State Bank, Oklahoma City, OK
Dana S. Weber, 2020
President and Chief Executive Officer, Webco Industries, Inc., Sand Springs, OK
J. Walter Duncan IV, 2021
President, Duncan Oil Properties, Inc., Oklahoma City, OK
Appointed by the Board of Governors
Clint D. Abernathy, 2019
President, Abernathy Farms, Inc., Altus, OK
Katrina Washington, 2020
Owner, Stratos Realty Group, Oklahoma City, OK
Tina Patel, 2021
Chief Financial Officer, Promise Hotels, Inc., Tulsa, OK
Omaha Branch
Appointed by the Federal Reserve Bank
Annette Hamilton, 2019
Chief Operating Officer, Ho-Chunk, Inc., Winnebago, NE
Dwayne W. Sieck, 2020
President and Chief Operating Officer, Mutual of Omaha Bank, Omaha, NE
Zac Karpf, 2021
Chief Operating Officer, Platte Valley Bank, Scottsbluff, NE
Thomas J. Henning, 2021
President and Chief Executive Officer, Cash-Wa Distributing Co., Kearney, NE
Appointed by the Board of Governors
John F. Bourne, 2019
Retired International Representative, International Brotherhood of Electrical Workers, Omaha, NE
Eric L. Butler, 2020
Retired Executive Vice President and Chief Administrative Officer, Union Pacific Railroad, Omaha, NE
Kimberly A. Russel, 2021
President and Chief Executive Officer, Bryan Health, Lincoln, NE
District 11–Dallas
Covers the state of Texas; 26 parishes in northern Louisiana; and 18 counties in southern New Mexico.
For more information on this District and to learn more about the Federal Reserve Bank of Dallas's operations, visit https://www.dallasfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/dallasfinstmt2019.pdf.
Class A
J. Russell Shannon, 2019
President and Chief Executive Officer, National Bank of Andrews, Andrews, TX
Christopher C. Doyle, 2020
President and Chief Executive Officer, Texas First Bank, Texas City, TX
Kelly A. Barclay, 2021
President and Chief Executive Officer, Ozona National Bank, Wimberly, TX
Class B
Curtis V. Anastasio, 2019
Chairman, GasLog Partners L.P., San Antonio, TX
Gerald B. Smith, 2020
Chairman and Chief Executive Officer, Smith, Graham & Company Investment Advisors, L.P., Houston, TX
Renard U. Johnson, 2021
President and Chief Executive Officer, Management & Engineering Technologies International, Inc., El Paso, TX
Class C
Thomas J. Falk, 2019
Executive Chairman, Kimberly-Clark Corporation, Dallas, TX
Claudia Aguirre, 2020
President and Chief Executive Officer, BakerRipley, Houston, TX
Greg L. Armstrong, 2021
Retired Chairman and Chief Executive Officer, Plains All American Pipeline L.P., Houston, TX
El Paso Branch
Appointed by the Federal Reserve Bank
Paul L. Foster, 2019
President, Franklin Mountain Management, LLC, El Paso, TX
Sally A. Hurt-Deitch, 2020
Group President/Chief Executive Officer El Paso Rio Grande Valley, The Hospitals of Providence/Tenet, El Paso, TX
Teresa O. Molina, 2020
President, First New Mexico Bank, Deming, NM
William Serrata, 2021
President, El Paso Community College, El Paso, TX
Appointed by the Board of Governors
Julio Chiu, 2019
Founder and Chief Executive Officer, SEISA Medical, Inc., El Paso, TX
Richard D. Folger, 2020
Managing General Partner, Colbridge Partners Ltd., Midland, TX
Tracy J. Yellen, 2021
Chief Executive Officer, Paso del Norte Community Foundation, El Paso, TX
Houston Branch
Appointed by the Federal Reserve Bank
Darryl L. Wilson, 2019
President and Founder, The Wilson Collective, Houston, TX
Albert Chao, 2020
President and Chief Executive Officer, Westlake Chemical Corp., Houston, TX
Gina Luna, 2020
Chief Executive Officer, Luna Strategies, LLC, Houston, TX
David Zalman, 2021
Chairman and Chief Executive Officer, Prosperity Bancshares, Houston, TX
Appointed by the Board of Governors
Marcus A. Watts, 2019
President, The Friedkin Group, Houston, TX
Cynthia Taylor, 2020
President and Chief Executive Officer, Oil States International Inc., Houston, TX
Janiece Longoria, 2021
Former Chairman, Port Commission of the Port of Houston Authority, Houston, TX
San Antonio Branch
Appointed by the Federal Reserve Bank
Charles E. Amato, 2019
Chairman and Co-Founder, Southwest Business Corp., San Antonio, TX
Paula Gold-Williams, 2020
President and Chief Executive Officer, CPS Energy, San Antonio, TX
Robert L. Lozano, 2020
President/Owner, Lynn Lee Inc./Dairy Queen, Pharr, TX
Alfred B. Jones, 2021
President and Director, American Bank Holding Corp., Corpus Christi, TX
Appointed by the Board of Governors
James Conrad Weaver, 2019
Chief Executive Officer, McCombs Partners, San Antonio, TX
Vacancy, 2020
Jesús Garza, 2021
Retired President and Chief Executive Officer, Seton Healthcare Family, Austin, TX
District 12–San Francisco
Covers the states of Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington, and serves American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands.
For more information on this District and to learn more about the Federal Reserve Bank of San Francisco's operations, visit http://www.frbsf.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beigebook2019.htm. Also find the Reserve Bank's financial statements for 2019 at https://www.federalreserve.gov/aboutthefed/files/sanfranciscofinstmt2019.pdf.
Class A
Steven R. Gardner, 2019
Chairman and Chief Executive Officer, Pacific Premier Bank, Irvine, CA
S. Randolph Compton, 2020
Chief Executive Officer and Co-Chair of the Board, Pioneer Trust Bank, N.A., Salem, OR
Greg Becker, 2021
President and Chief Executive Officer, SVB Financial Group, Chief Executive Officer, Silicon Valley Bank, Santa Clara, CA
Class B
Sanford L. Michelman, 2019
Chairman, Michelman & Robinson, LLP, Los Angeles, CA
Tamara L Lundgren, 2020
President and Chief Executive Officer, Schnitzer Steel Industries, Inc., Portland, OR
Arthur F. Oppenheimer, 2021
Chairman and Chief Executive Officer, Oppenheimer Companies, Inc., President, Oppenheimer Development Corporation, Boise, ID
Class C
Barry M. Meyer, 2019
Retired Chairman and Chief Executive Officer, Warner Bros., Founder and Chairman, North Ten Mile Associates, Los Angeles, CA
Rosemary Turner, 2020
Retired President, UPS North California District, Oakland, CA
David P. White, 2021
National Executive Director, SAG-AFTRA, Los Angeles, CA
Los Angeles Branch
Appointed by the Federal Reserve Bank
Steven W. Streit, 2019
Founder, President, and Chief Executive Officer, Green Dot Bank and Green Dot Corporation, Pasadena, CA
Carl J.P. Chang, 2020
Chief Executive Officer, Redwood-Kairos Real Estate Partners and Pieology Pizzeria, Rancho Santa Margarita, CA
Luis Faura, 2021
President and Chief Executive Officer, C&F Foods, Inc., City of Industry, CA
Deborah Flint, 2021
Chief Executive Officer, Los Angeles World Airports, Los Angeles, CA
Appointed by the Board of Governors
James A. Hughes, 2019
Former Director and Chief Executive Officer, First Solar, Inc., Tempe, AZ
Robert H. Gleason, 2020
President and Chief Executive Officer, Evans Hotels, San Diego, CA
Anita V. Pramoda, 2021
Chief Executive Officer, Owned Outcomes, Las Vegas, NV
Portland Branch
Appointed by the Federal Reserve Bank
Steven J. Zika, 2019
Chief Executive Officer, Hampton Lumber, Portland, OR
Hilary K. Krane, 2020
Executive Vice President, Chief Administrative Officer, and General Counsel, Nike, Inc., Beaverton, OR
Cheryl R. Nester Wolfe, 2020
President and Chief Executive Officer, Salem Health Hospital and Clinics, Salem, OR
Stacey M.L. Dodson, 2021
Market President, Portland and Southwest Washington, U.S. Bank, Portland, OR
Appointed by the Board of Governors
Anne C. Kubisch, 2019
President and Chief Executive Officer, The Ford Family Foundation, Roseburg, OR
Charles A. Wilhoite, 2020
Managing Director, Willamette Management Associates, Portland, OR
Gale Castillo, 2021
President, Cascade Centers, Inc., Portland, OR
Salt Lake City Branch
Appointed by the Federal Reserve Bank
Peter R. Metcalf, 2019
Founder, Brand Advocate, and Chief Executive Officer Emeritus, Black Diamond, Inc., Salt Lake City, UT
Jas Krdzalic, 2020
President and Chief Executive Officer, Bodybuilding.com, Boise, ID
Park Price, 2020
Chief Executive Officer Emeritus and Chairman, Bank of Idaho, Idaho Falls, ID
O. Randall Woodbury, 2021
President and Chief Executive Officer,Woodbury Corporation, Salt Lake City, UT
Appointed by the Board of Governors
Russell A. Childs, 2019
Chief Executive Officer and President, SkyWest, Inc., St. George, UT
Patricia R. Richards, 2020
President and Chief Executive Officer, SelectHealth, Inc., Murray, UT
Thomas K. Corrick, 2021
Chief Executive Officer, Boise Cascade Company, Boise, ID
Seattle Branch
Appointed by the Federal Reserve Bank
Andrew Wolff, 2019
Chief Financial Officer, International and Channel Development, Starbucks Coffee Company, Seattle, WA
Craig Dawson, 2020
President and Chief Executive Officer, Retail Lockbox, Inc., Seattle, WA
Laura Lee Stewart, 2020
President and Chief Executive Officer, Sound Community Bank and Sound Financial Bancorporation, Seattle, WA
Cheryl B. Fambles, 2021
Chief Executive Officer, Pacific Mountain Workforce Development Council, Tumwater, WA
Appointed by the Board of Governors
Sophie Minich, 2019
President and Chief Executive Officer, Cook Inlet Region, Inc., Anchorage, AK
Elaine S. Couture, 2020
Executive Vice President and Chief Executive Officer, Washington and Montana Region,Providence St. Joseph Health, Spokane, WA
West Mathison, 2021
President, Stemilt Growers, LLC, Wenatchee, WA
Reserve Bank and Branch Leadership
Each year, the Board of Governors designates one Class C director to serve as chair, and one Class C director to serve as deputy chair, of each Reserve Bank board. Reserve Banks also have a president and first vice president who are appointed by the Bank's Class C, and certain Class B, directors, subject to approval by the Board of Governors. Each Reserve Bank selects a chair for every Branch in its District from among the directors on the Branch board who were appointed by the Board of Governors. For each Branch, an officer from its Reserve Bank is also charged with the oversight of Branch operations.
Boston
Phillip L. Clay, Chair
Christina Hull Paxson, Deputy Chair
Eric S. Rosengren, President and Chief Executive Officer
Kenneth C. Montgomery, First Vice President and Chief Operating Officer
New York
Denise Scott, Chair
Rosa Gil, Deputy Chair
John C. Williams, President
Michael Strine, First Vice President
Additional office at East Rutherford, NJ
Philadelphia
Brian M. McNeill, Chair
Phoebe Haddon, Deputy Chair
Patrick T. Harker, President and Chief Executive Officer
James D. Narron, First Vice President
Cleveland
Dawne S. Hickton, Chair
Dwight E. Smith, Deputy Chair
Loretta J. Mester, President and Chief Executive Officer
Gregory Stefani, First Vice President
Cincinnati
Jenell R. Ross, Chair
Rick Kaglic, Vice President and Senior Regional Officer
Pittsburgh
Dmitri D. Shiry, Chair
Mekael Teshome, Vice President and Senior Regional Officer
Richmond
Kathy J. Warden, Chair
Margaret G. Lewis, Deputy Chair
Thomas I. Barkin, President
Becky C. Bareford, First Vice President and Chief Operating Officer
Baltimore
Susan J. Ganz, Chair
Andy Bauer, Vice President and Baltimore Regional Executive
Charlotte
R. Glenn Sherrill, Jr, Chair
Matthew A. Martin, Senior Vice President and Charlotte Regional Executive
Atlanta
Myron A. Gray, Chair
Elizabeth A. Smith, Deputy Chair
Raphael W. Bostic, President
André Anderson, First Vice President
Birmingham
Nancy C. Goedecke, Chair
Anoop Mishra, Vice President and Regional Executive
Jacksonville
Nicole B. Thomas, Chair
Christopher L. Oakley, Vice President and Regional Executive
Miami
Ana M. Menendez, Chair
Karen Gilmore, Vice President and Regional Executive
Nashville
Matthew S. Bourlakas, Chair
Laurel Graefe, Vice President and Regional Executive
New Orleans
G. Janelle Frost, Chair
Adrienne C. Slack, Vice President and Regional Executive
Chicago
Vacancy, Chair
E. Scott Santi, Deputy Chair
Charles L. Evans, President
Ellen J. Bromagen, First Vice President
Additional office at Des Moines, IA
Detroit
Joseph B. Anderson, Jr, Chair
Michael Hoppe, Senior Vice President and Branch Manager
St. Louis
Kathleen M. Mazzarella, Chair
Suzanne Sitherwood, Deputy Chair
James Bullard, President
David A. Sapenaro, First Vice President
Little Rock
Millie A. Ward, Chair
Robert Hopkins, Senior Vice President and Regional Executive
Louisville
Randy W. Schumaker, Chair
Nikki R. Lanier, Senior Vice President and Regional Executive
Memphis
Eric D. Johnson, Chair
Douglas G. Scarboro, Senior Vice President and Regional Executive
Minneapolis
Kendall J. Powell, Chair
Harry D. Melander, Deputy Chair
Neel T. Kashkari, President
Ron Feldman, First Vice President
Helena
Norma Nickerson, Chair
Kansas City
Rose M. Washington, Chair
James C. Farrell, Deputy Chair
Esther L. George, President
Kelly J. Dubbert, First Vice President
Denver
Taryn Christison, Chair
Nicholas Sly, Assistant Vice President and Branch Executive
Oklahoma City
Clint D. Abernathy, Chair
Chad R. Wilkerson, Vice President and Branch Executive
Omaha
Eric L. Butler, Chair
Nathan Kauffman, Assistant Vice President and Branch Executive
Dallas
Greg L. Armstrong, Chair
Thomas J. Falk, Deputy Chair
Robert S. Kaplan, President and Chief Executive Officer
Meredith N. Black, First Vice President and Chief Operating Officer
El Paso
Julio Chiu, Chair
Roberto A. Coronado, Senior Vice President in Charge
Houston
Marcus A. Watts, Chair
Daron D. Peschel, Senior Vice President in Charge
San Antonio
James Conrad Weaver, Chair
Blake Hastings, Senior Vice President in Charge
San Francisco
Barry M. Meyer, Chair
Rosemary Turner, Deputy Chair
Mary Daly, President
Mark A. Gould, First Vice President
Additional office at Phoenix, AZ
Los Angeles
Robert Gleason, Chair
Roger W. Replogle, Executive Vice President and Regional Executive
Portland
Charles A. Wilhoite, Chair
Lynn Jorgensen, Vice President and Regional Executive
Salt Lake City
Patricia R. Richards, Chair
Becky Potts, Vice President and Regional Executive
Seattle
West Mathison, Chair
Darlene Wilczynski, Vice President and Regional Executive
Leadership Conferences
Conference of Chairs
The chairs of the Federal Reserve Banks are organized into the Conference of Chairs, which meets to consider matters of common interest and to consult with and advise the Board of Governors. Such meetings, also attended by the deputy chairs, were held in Washington, D.C., on May 14–15, 2019, and November 12–13, 2019. The conference's executive committee members for 2019 are listed below.5
Conference of Chairs
Executive Committee—2019
Kendall J. Powell, Chair,
Federal Reserve Bank of Minneapolis
Dawne S. Hickton, Vice Chair,
Federal Reserve Bank of Cleveland
Phillip L. Clay, Member,
Federal Reserve Bank of Boston
Conference of Presidents
The presidents of the Federal Reserve Banks are organized into the Conference of Presidents, which meets periodically to identify, define, and deliberate issues of strategic significance to the Federal Reserve System; to consider matters of common interest; and to consult with and advise the Board of Governors. The chief executive officer of each Reserve Bank was originally labeled governor and did not receive the title of president until the passage of the Banking Act of 1935. Consequently, when the Conference was first established in 1914 it was known as the Conference of Governors. Conference officers for 2019 are listed below.
Conference of Presidents—2019
Charles L. Evans, Chair,
Federal Reserve Bank of Chicago
James Bullard, Vice Chair,
Federal Reserve Bank of St. Louis
Keri Trolson, Secretary,
Federal Reserve Bank of Chicago
Douglas Scarboro, Assistant Secretary,
Federal Reserve Bank of St. Louis
Conference of First Vice Presidents
The Conference of First Vice Presidents of the Federal Reserve Banks was organized in 1969 to meet periodically for the consideration of operations and other matters. Conference officers for 2019 are listed below.6
Conference of First Vice Presidents—2019
Kelly J. Dubbert, Chair,
Federal Reserve Bank of Kansas City
Michael Strine, Vice Chair,
Federal Reserve Bank of New York
Erika Hamilton, Secretary,
Federal Reserve Bank of Kansas City
Laura Forman, Assistant Secretary,
Federal Reserve Bank of New York
Footnotes
1. Joseph W. Gruber also served as an adviser to Vice Chair Quarles in 2019. Return to text
2. Brian M. Doyle also served as an adviser to Vice Chair Clarida in 2019. Return to text
3. Michael T. Kiley also served as an adviser in the Office of Board Members in 2019. Return to text
4. Antulio Bonfim also served as an adviser to Chair Powell in 2019. Return to text
5. On November 13, 2019, the Conference of Chairs elected Dawne S. Hickton, chair of the Federal Reserve Bank of Cleveland, as chair of the conference's executive committee for 2020. The conference also elected Phillip L. Clay, chair of the Federal Reserve Bank of Boston, as vice chair, and Greg L. Armstrong, chair of the Federal Reserve Bank of Dallas, as the executive committee's third member. Return to text
6. On December 3, 2019, the conference elected Kelly J. Dubbert, Federal Reserve Bank of Kansas City, as chair for 2020 and Michael Strine, Federal Reserve Bank of New York, as vice chair. The conference also elected Laura Forman, Federal Reserve Bank of New York, as secretary and Joshua Silverstein, Federal Reserve Bank of Philadelphia, as assistant secretary. Return to text