Board of Governors of the Federal Reserve System

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 2020.

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 2020. 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

Christopher J. Waller
(as of December 18, 2020)

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
(through February 1, 2020)

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

Charles Gray
Senior Associate General Counsel
and Chief of Staff
(as of March 19, 2020)

Stephanie Martin
Senior Associate
General Counsel

Jean C. Anderson
Associate General Counsel

Benjamin W. McDonough
Associate General Counsel

Alvin Williams
Associate General Counsel
(as of August 31, 2020)

Alicia S. Foster
Deputy Associate
General Counsel

Alison M. Thro
Deputy Associate
General Counsel

Cary K. Williams
Deputy Associate
General Counsel

Patrick M. Bryan
Assistant General Counsel
(through January 25, 2020)

Jason A. Gonzalez
Assistant General Counsel
(as of August 16, 2020)

Office of the Secretary

Ann Misback
Secretary of the Board

Margaret M. Shanks
Deputy Secretary

Michele T. Fennell
Deputy Associate Secretary

Yao-Chin Chao
Assistant Secretary

Division of International Finance

Beth Anne Wilson
Director
(as of June 1, 2020)

Shaghil Ahmed
Deputy Director

Sally M. Davies
Deputy Director

Brian M. Doyle¹
Deputy Director

Joseph W. Gruber
Deputy Director
(through May 2, 2020)

Carol Bertaut
Senior Associate Director

James A. Dahl
Associate Director

Paul Wood
Associate Director

Ricardo Correa
Deputy Associate Director

Stephanie E. Curcuru
Deputy Associate Director

Matteo Iacoviello
Deputy Associate Director

Andrea Raffo
Deputy Associate Director

Daniel Beltran
Assistant Director
(as of June 21, 2020)

Viktors Stebunovs
Assistant Director
(as of June 21, 2020)

Robert Vigfusson
Assistant Director

Brett Berger
Senior Adviser

Steven B. Kamin
Senior Adviser
(through June 1, 2020)

John H. Rogers
Senior Adviser

Division of Financial Stability

Andreas W. Lehnert
Director

Michael T. Kiley
Deputy Director

William F. Bassett
Senior Associate Director

Elizabeth Klee
Senior Associate Director

John W. Schindler
Senior Associate Director

Luca Guerrieri
Deputy Associate Director

Kent C. Hiteshew
Deputy Associate Director
(as of March 25, 2020)

Namirembe Mukasa
Deputy Associate and
Chief of Staff

Chiara Scotti²
Deputy Associate Director

Skander J. Van den Heuvel
Deputy Associate Director

David Arseneau
Assistant Director
(as of November 8, 2020)

Andrew M. Cohen
Assistant Director

Ceyhun Durdu
Assistant Director
(as of November 8, 2020)

Uzma Wahhab
Special Adviser

Division of Monetary Affairs

Thomas Laubach
Director
(through September 2, 2020)

Trevor A. Reeve
Director
(as of September 3, 2020)

James A. Clouse
Deputy Director

Rochelle M. Edge
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
(through October 11, 2020)

Min Wei
Associate Director

Eric C. Engstrom³
Deputy Associate Director

Christopher J. Gust
Deputy Associate Director

Brian Bonis
Assistant Director
(as of March 29, 2020)

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

Elizabeth Marx
Assistant Director
(as of March 29, 2020)

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

Jeffrey C. Campione
Deputy Director

Daniel M. Covitz
Deputy Director

William L. Wascher III
Deputy Director

Nicole Bennett
Senior Associate Director
(as of March 30, 2020)

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

John J. Stevens
Senior Associate Director

Glenn R. Follette
Associate Director

Elizabeth K. Kiser
Associate Director

Timothy A. Mullen
Associate Director

Burcu Duygan-Bump
Deputy Associate Director

Eric C. Engstrom⁵
Deputy Associate Director

J. Andrew Figura
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

Shane M. Sherlund
Deputy Associate Director

Lillian Shewmaker
Deputy Associate Director

Paul A. Smith
Deputy Associate Director

Gianni Amisano
Assistant Director and Chief

Matthias Paustian
Assistant Director and Chief

Paul Lengermann
Assistant Director

Geng Li
Assistant Director and Chief

Byron Lutz
Assistant Director

Raven Molloy
Assistant Director

Gustavo Suarez
Assistant Director

Clara Vega
Assistant Director

S. Wayne Passmore
Senior Adviser

Robin A. Prager
Senior Adviser
(through April 1, 2020)

Jeremy Rudd
Senior Adviser

Steven A. Sharpe
Senior Adviser

Charles Fleischman
Adviser

Division of Supervision and Regulation

Michael S. Gibson
Director

Jennifer Burns
Deputy Director

Arthur W. Lindo
Deputy Director

James Price
Deputy Director

Mary L. Aiken
Senior Associate Director

Barbara J. Bouchard
Senior Adviser

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
(through April 1, 2020)

Molly Mahar
Associate Director

Richard A. Naylor II
Associate Director

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

Kavita Jain
Deputy Associate Director
(as of June 29, 2020)

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
(through March 1, 2020)

Laurie Priest
Deputy Associate Director
(through July 1, 2020)

Steven Spurry
Deputy Associate Director

Catherine A. Tilford
Deputy Associate Director

Joanne Wakim
Deputy Associate Director
(through July 1, 2020)

Donna Webb
Deputy Associate Director

Suzanne L. Williams
Deputy Associate Director

Dana Burnett
Assistant Director
(as of October 25, 2020)

Karen Caplan
Assistant Director

Juan Climent
Assistant Director
(as of June 7, 2020)

Keith Coughlin
Assistant Director

Christine Graham
Assistant Director

Eric L. Kennedy
Assistant Director
(as of April 26, 2020)

Keith A. Ligon
Assistant Director
(through June 1, 2020)

Ann McKeehan
Assistant Director

Brent Richards
Assistant Director

Vaishali Sack
Assistant Director

Emily Wells
Assistant Director
(as of November 8, 2020)

Robert Sarama
Assistant Director

Norah M. Barger
Senior Adviser

Robert T. Ashman
Adviser
(through October 1, 2020)

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
(through December 1, 2020)

Carol A. Evans
Associate Director

Joseph A. Firschein
Associate Director

Phyllis L. Harwell
Associate Director

Marisa A. Reid
Associate Director

David E. Buchholz
Deputy Associate Director

Angelyque Campbell
Assistant Director

Amy B. Henderson
Assistant Director

Minh-Duc T. Le
Assistant Director

Caterina Petrucco-Littleton
Assistant Director

Allen Fishbein
Senior Adviser
(through June 1, 2020)

Division of Reserve Bank Operations and Payment Systems

Matthew J. Eichner
Director

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
(through November 1, 2020)

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

Sonja Danburg
Assistant Director and Manager

Caio Peixoto
Assistant Director and Manager
(as of May 24, 2020)

Jason Hinkle
Assistant Director

Brian Lawler
Assistant Director

Mark Manuszak
Assistant Director

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
(through May 1, 2020)

Katherine Tom
Chief Data Officer
(as of October 11, 2020)

Sheila Clark
Diversity and Inclusion
Programs Director

Andrew Leonard
Associate Director

Phillip C. Daher
Assistant Director

Jeffrey A. Monica
Assistant Director
(through July 1, 2020)

Steven Miranda
Adviser

Michell Clark
Senior Adviser
(through February 1, 2020)

Division of Financial Management

Ricardo Aguilera
Director and Chief
Financial Officer

Stephen J. Bernard
Deputy Director

Monica Y. Manning
Associate Director
(as of November 9, 2020)

Thomas Murphy
Deputy Associate Director
(as of March 2, 2020)

Jeffrey R. Peirce
Associate Director

Karen L. Vassallo
Associate Director

Kimberly Briggs
Assistant Director

Division of Management

Winona Varnon
Director

Tara Tinsley-Pelitere
Senior Associate Director

Tameika L. Pope
Senior Associate Director
and CTO

Curtis B. Eldridge
Senior Associate Director
and Chief

Ann Buckingham
Associate Director

Donna J. Butler
Deputy Associate Director and Chief of Staff (as of January 21, 2020)

Kendra Gastright
Associate Director

Timothy E. Markey
Deputy Associate Director

Reginald V. Roach
Deputy Associate Director

Katherine Perez-Grines
Deputy Associate Director
and Assistant Chief

Keith F. Bates
Assistant Director

Catherine Jack
Assistant Director

Tim Ly
Assistant Director

Jeffrey A. Martin
Assistant Director
(through April 22, 2020)

Stephen E. Pearson
Assistant Director

Jacqueline Raia
Assistant Director
(through August 29, 2020)

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

Stephen Olden
Senior Associate Director
(as of October 26, 2020)

Sheryl Lynn Warren
Senior Associate Director

Rajasekhar R. Yelisetty
Senior Associate Director

Charles B. Young
Associate Director

William K. Dennison
Deputy Associate Director

Deborah Prespare
Deputy Associate Director

Jonathan F. Shrier
Deputy Associate Director

Eric C. Turner
Deputy Associate Director

Virginia M. Wall
Deputy Associate Director

Brian Lester
Assistant Director

Amy Kelley
Assistant Director
(as of August 16, 2020)

Scott Meyerle
Assistant Director

Can Xuan Nguyen
Assistant Director

Langston Shaw
Assistant Director

Edgar Wang
Assistant Director

Ivan K. Wun
Assistant Director

Marietta Murphy
Adviser
(through August 1, 2020)

Theresa C. Palya
Adviser

Office of Inspector General

Mark Bialek
Inspector General

Fred Gibson
Deputy Inspector General

Gerald Maye
Associate Inspector General
(through May 1, 2020)

Peter Sheridan
Associate Inspector General

Michael VanHuysen
Associate Inspector General

Stephen Carroll
Deputy Associate
Inspector General

Cynthia Gray
Assistant Inspector General
(as of August 30, 2020)

Jacqueline M. Becker
Senior Adviser

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 2020, the Federal Open Market Committee held eight regularly scheduled and two unscheduled 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

Richard H. Clarida
Member, Board of Governors

Patrick T. 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

Randal K. Quarles
Member, Board of Governors

Alternate Members

Thomas Barkin
President, Federal Reserve
Bank of Richmond

Raphael W. Bostic
President, Federal Reserve
Bank of Atlanta

Mary C. Daly
President, Federal Reserve
Bank of San Francisco

Charles L. Evans
President, Federal Reserve
Bank of Chicago

Helen E. Mucciolo
First Vice President, Federal Reserve
Bank of New York
(as of November 11, 2020)

Michael Strine
First Vice President, Federal Reserve
Bank of New York
(through November 10, 2020)

Officers

James A. Clouse
Secretary

Matthew M. Luecke
Deputy Secretary

Michelle A. Smith
Assistant Secretary

Mark E. Van Der Weide
General Counsel

Michael A. Held
Deputy General Counsel

Richard M. Ashton
Assistant General Counsel

Thomas Laubach
Economist
(through September 1, 2020)

Trevor A. Reeve
Economist
(as of October 1, 2020)

Stacey Tevlin
Economist

Beth Anne Wilson
Economist

Shaghil Ahmed
Associate Economist

Michael Dotsey
Associate Economist

Rochelle M. Edge
Associate Economist
(as of October 1, 2020)

Marc P. Giannoni
Associate Economist

Joseph W. Gruber
Associate Economist

Beverly Hirtle
Associate Economist

David E. Lebow
Associate Economist

Ellis W. Tallman
Associate Economist

William L. Wascher
Associate Economist

Mark L.J. Wright
Associate Economist

Lorie K. Logan
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 2020, the council met on February 5–6, May 7–8, September 16–17, and December 2–3. The council met with the Board on February 6, May 7, September 17, and December 3, 2020.

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

William S. Demchak
Chairman, President and Chief Executive Officer, PNC Financial Services Group, Pittsburgh, PA

District 5

Brian T. Moynihan
Chairman and Chief Executive Officer, Bank of America, Charlotte, NC

District 6

Rajinder P. Singh
Chairman, President and Chief Executive Officer, BankUnited, Inc., Miami Lakes, FL

District 7

Jeffrey J. Brown
Chief Executive Officer, Ally Financial Inc., Detroit, MI

District 8

D. Bryan Jordan
Chairman, President and Chief Executive Officer, First Horizon National Corporation, Memphis, TN

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 Chief Executive Officer, First Republic Bank, San Francisco, CA

Officers

Brian T. Moynihan
President

Jeffrey J. Brown
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 2020, the council met on April 1 and November 19.

Members

District 1

Dorothy A. Savarese
Chairman, President and Chief Executive Officer, Cape Cod 5, Orleans, MA

District 2

Faheem A. Masood
President and Chief Executive Officer, ESL Federal Credit Union,
Rochester, NY

District 3

Jeane M. Vidoni
President and Chief Executive Officer, Penn Community Bank, Perkasie, PA

District 4

T. Michael Price
President and Chief Executive Officer, First Commonwealth Financial Corp., Indiana, PA

District 5

Dabney T.P. Gilliam, Jr.
President and Chief Executive Officer, The Bank of Charlotte County, Phenix, VA

District 6

David R. Melville III
President and Chief Executive Officer, b1Bank, Baton Rouge, LA

District 7

Douglas S. Gordon
President and Chief Executive Officer, WaterStone Bank, SSB, Wauwatosa, WI

District 8

Marnie Older
Chief Executive Officer and Director, Stone Bank, Little Rock, AR

District 9

Shari Laven
Chief Executive Officer, Viking Bank, Alexandria, MN

District 10

Brad Koehn
Regional President, Midwest Bank, Lincoln, NE

District 11

Erik Beguin
Founder and Chief Executive Officer, Austin Capital Bank, Austin, TX

District 12

Andrew J. Ryback
President and Chief Executive Officer, Plumas Bank, Quincy, CA

Officers

Dorothy A. Savarese
President

T. Michael Price
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 2020, the council met with the Board on for a special meeting on COVID-19 on April 13 and held their regular meetings on May 14 and October 1.

Members

Juan Bonilla
Deputy Director, Lawrence Community Works, Lawrence, MA

Dr. Susan Bradbury
Professor, Community and Regional Planning, Iowa State University, Ames, IA

Tawney Brunsch
Executive Director, Lakota Funds, Kyle, SD

Adrian M. Brooks
CEO, Memorial Community Development Corporation, Evansville, IN

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

Stephanie Mackay
Chief Innovation Officer, Columbus Community Center, Salt Lake City, UT

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

Bethany Sanchez
Fair Lending Director, Metropolitan Milwaukee Fair Housing Council, Milwaukee, WI

Bill Schlesinger
Co-Director, Project Vida, El Paso, TX

Lora Smith
Executive Director, Appalachian Impact Fund, Hazard, KY

Jesse Van Tol
CEO, National Community Reinvestment Coalition, Washington, DC

Officers

Donald Hinkle-Brown
Chair

Marc Norman
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

Andrew Atkeson
Professor, University of California, Los Angeles

Paul Glasserman
Professor, Columbia University

Victoria Ivashina
Professor, Harvard Business School

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.

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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/bostonfinstmt2020.pdf.

Class A

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

Bruce Van Saun, 2022
Chairman and Chief Executive Officer, Citizens Financial Group, Providence, RI

Class B

Kimberly Sherman Stamler, 2020, President, Related Beal, Boston, MA

Roger W. Crandall, 2021
Chairman, President, and Chief Executive Officer, MassMutual Financial Group, Springfield, MA

Lizanne Kindler, 2022
Chief Executive Officer, Talbots, Hingham, MA

Class C

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

Christina Hull Paxson, 2022
President, Brown University, Providence, RI

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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/newyorkfinstmt2020.pdf.

Class A

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

Douglas L. Kennedy, 2022
President and Chief Executive Officer, Peapack-Gladstone Bank, Bedminster, NJ

Class B

Vacancy, 2020

Glenn H. Hutchins, 2021
Chairman, North Island, and Co-Founder, Silver Lake, New York, NY

Adena T. Friedman, 2022
President and Chief Executive Officer, Nasdaq, New York, NY

Class C

Rosa Gil, 2020
Founder, 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

Denise Scott, 2022
Executive Vice President, Local Initiatives Support Corporation, 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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/philadelphiafinstmt2020.pdf.

Class A

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

Christopher D. Maher, 2022
Chairman and Chief Executive Officer, OceansFirst Bank, N.A., Toms River, NJ

Class B

Patricia Hasson, 2020
Retired President and Executive Director, Clarifi, Philadelphia, PA

Julia H. Klein, 2021
Chairwoman and Chief Executive Officer, C. H. Briggs Company, Reading, PA

John Fry, 2022
President, Drexel University, Philadelphia, PA

Class C

Madeline Bell, 2020
President and Chief Executive Officer, The Children's Hospital of Philadelphia–CHOP, Philadelphia, PA

Vacancy, 2021

Anthony Ibarguen, 2022
Chief Executive Officer, Quench USA, Inc., King of Prussia, PA

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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/clevelandfinstmt2020.pdf.

Class A

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

Amy G. Brady, 2022
Chief Information Officer and Executive Vice President, KeyBank, Cleveland, OH

Class B

Charles H. Brown, 2020
Retired Executive Adviser, Toyota Motor North America, Erlanger, KY

Valarie L. Sheppard, 2021
Controller, Treasurer, and Executive Vice President-Company Transition Leader, The Procter & Gamble Company, Cincinnati, OH

David Megenhardt, 2022
Executive Director, United Labor Agency, Cleveland, OH

Class C

Doris Carson Williams, 2020
President and Chief Executive Officer, African American Chamber of Commerce of Western Pennsylvania,
Pittsburgh, PA

Dawne S. Hickton, 2021
Executive Vice President and Chief Operating Officer, Critical Mission, Jacobs, Pittsburgh, PA

Dwight E. Smith, 2022
President and Chief Executive Officer, Sophisticated Systems, Inc., Columbus, OH

Cincinnati Branch

Appointed by the Federal Reserve Bank

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

Darin C. Hall, 2022
President and Chief Executive Officer, Civitas Development Group, Cincinnati, OH

Appointed by the Board of Governors

Jenell R. Ross, 2020
President, Bob Ross Auto Group, Centerville, OH

Rachid Abdallah, 2021
Chairman and Chief Executive Officer, Jedson Engineering, Cincinnati, OH

Holly B. Wiedemann, 2022
Founder and President, AU Associates, Inc., Lexington, KY

Pittsburgh Branch

Appointed by the Federal Reserve Bank

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 Strategy and Research Officer, Allegheny Conference on Community Development, Pittsburgh, PA

Shelley L. Fant, 2022
President and Chief Executive Officer, FCG Solutions, Inc., Pittsburgh, PA

Appointed by the Board of Governors

Suzanne Mellon, 2020
President, Carlow University, Pittsburgh, PA

Dmitri D. Shiry, 2021
Retired Partner Deloitte-Pittsburgh, Deloitte LLP, Pittsburgh, PA

Kathryn Z. Klaber, 2022
Managing Partner, The Klaber Group, Sewickley, 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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/richmondfinstmt2020.pdf.

Class A

Robert R. Hill, Jr., 2020
Chief Executive Officer, South State Corporation, Columbia, SC

James H. Sills, III, 2021
President and Chief Executive Officer, Mechanics and Farmers Bank, Durham, NC

William A. Loving, Jr., 2022
President and Chief Executive Officer, Pendleton Community Bank, Franklin, WV

Class B

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

Wayne A. I. Frederick, MD, 2022, President, Howard University,
Washington, DC

Class C

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

Jodie McLean, 2022
Chief Executive Officer, EDENS, Washington, DC

Baltimore Branch

Appointed by the Federal Reserve Bank

Richard Lloyd Willey, 2020
President, Perdue Agribusiness, LLC, Salisbury, MD

Laura L. Gamble, 2021
Regional President Greater Maryland, PNC, Baltimore, MD

Tom Geddes, 2021
Partner and Portfolio Manager, Brown Advisory, Baltimore, MD

Cecilia A. Hodges, 2022
Regional President Greater Washington and Virginia, M&T Bank, Falls Church, VA

Appointed by the Board of Governors

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

William J. McCarthy, 2022
Executive Director, Catholic Charities of Baltimore, Baltimore, MD

Charlotte Branch

Appointed by the Federal Reserve Bank

Sepideh Saidi, 2020
President and Chief Executive Officer, SEPI Inc., Raleigh, NC

Michael D. Garcia, 2021
President, Pulp and Paper Division, Domtar Corp., Fort Mill, SC

Jerry L. Ocheltree, 2021
President and Chief Executive Officer, United Bank, Lincolnton, NC

Michael C. Crapps, 2022
President and Chief Executive Officer, First Community Bank, Lexington, SC

Appointed by the Board of Governors

R. Glenn Sherrill, Jr., 2020
Chairman and Chief Executive Officer, SteelFab Inc., Charlotte, NC

Bernette William Mazyck, 2021, President and Chief Executive Officer, South Carolina Association for Community Economic Development, Charleston, SC

Vacancy, 2022

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.frbatlanta.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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/atlantafinstmt2020.pdf.

Class A

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

Robert W. Dumas, 2022
Chairman, President, and Chief Executive Officer, AuburnBank, Auburn, AL

Class B

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

Mary A. Laschinger, 2022
Former Chairman and Chief Executive Officer, Veritiv Corporation, Atlanta, GA

Class C

Myron A. Gray, 2020
Retired President, U.S. Operations, United Parcel Service, Inc., Atlanta, GA

Claire Lewis Arnold, 2021
Chief Executive Officer, Leapfrog Services, Inc., Atlanta, GA

Elizabeth A. Smith, 2022
Former Executive Chair, Bloomin' Brands, Inc., Tampa, FL

Birmingham Branch

Appointed by the Federal Reserve Bank

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

Brian C. Hamilton, 2022
President and Chief Executive Officer, Trillion Communications Corp., Bessemer, AL

Appointed by the Board of Governors

Nancy C. Goedecke, 2020
Chairman and Chief Executive Officer, Mayer Electric Supply Company, Inc., Birmingham, AL

Christy Thomas, 2021
Chief Financial Officer, Milo's Tea Company, Inc., Bessemer, AL

Merrill H. Stewart, Jr., 2022
President, The Stewart/Perry Company, Inc., Birmingham, AL

Jacksonville Branch

Appointed by the Federal Reserve Bank

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

Paul G. Boynton, 2022
President and Chief Executive Officer, Rayonier Advanced Materials, Inc., Jacksonville, FL

Appointed by the Board of Governors

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

Nicole B. Thomas, 2022
Hospital President, Baptist Medical Center South, Jacksonville, FL

Miami Branch

Appointed by the Federal Reserve Bank

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 Operating Officer, Professional Bank, Coral Gables, FL

Eduardo Arriola, 2022
Chairman and Chief Executive Officer, Apollo Bank, Miami, FL

Appointed by the Board of Governors

Keith T. Koenig, 2020
President and Chief Executive Officer, City Furniture, Tamarac, FL

Michael A. Wynn, 2021
Board Chairman and President, Sunshine Ace Hardware, Bonita Springs, FL

Ana M. Menendez, 2022
Chief Financial Officer and Treasurer, Watsco, Inc., Miami, FL

Nashville Branch

Appointed by the Federal Reserve Bank

John W. Garratt, 2020
Executive Vice President and Chief Financial Officer, Dollar General, Goodlettsville, TN

Beth R. Chase, 2021
Former Senior Managing Director, Ankura Consulting Group, Nashville, TN

Leif M. Murphy, 2021
Chief Executive Officer, TeamHealth Holdings, Inc., Knoxville, TN

Amber W. Krupacs, 2022
Chief Financial Officer and Executive Vice President, Clayton Homes, Maryville, TN

Appointed by the Board of Governors

Amanda Mathis, 2020
Chief Financial Officer, Bridgestone Americas, Inc., Nashville, TN

Thomas Zacharia, 2021
Laboratory Director/ President and Chief Executive Officer, Oak Ridge National Laboratory/ UT-Battelle, LLC, Oak Ridge, TN

Matthew S. Bourlakas, 2022
President and Chief Executive Officer, Goodwill Industries of Middle Tennessee, Inc., Nashville, TN

New Orleans Branch

Appointed by the Federal Reserve Bank

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
Operating Partner, LongueVue Capital, Metairie, LA

Toni D. Cooley, 2022
Chief Executive Officer, Systems Companies, Jackson, MS

Appointed by the Board of Governors

Michael E. Hicks, Jr., 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

G. Janelle Frost, 2022
President and Chief Executive Officer, AMERISAFE, Inc., DeRidder, 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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/chicagofinstmt2020.pdf.

Class A

Michael O'Grady, 2020
Chairman, President, and Chief Executive Officer, Northern Trust, Chicago, IL

Christopher J. Murphy III, 2021
Chairman and Chief Executive Officer, 1st Source Bank, South Bend, IN

Susan Whitson, 2022
Chief Executive Officer, First National Bank, and President, First of Waverly Corporation, Waverly, IA

Class B

David Cyril Habiger, 2020
President and Chief Executive Officer, J.D. Power, Troy, MI

Susan M. Collins, 2021
Interim Provost and Executive Vice President for Academic Affairs, University of Michigan, Ann Arbor, MI

Linda Jojo, 2022
Executive Vice President, Technology and Chief Digital Officer, United Airlines, Inc., Chicago, IL

Class C

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

Helene D. Gayle, 2022
President and Chief Executive Officer, The Chicago Community Trust, Chicago IL

Detroit Branch

Appointed by the Federal Reserve Bank

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

Ronald E. Hall, 2022
President and Chief Executive Officer, Bridgewater Interiors, LLC, Detroit, MI

Appointed by the Board of Governors

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

Linda P. Hubbard, 2022
President and Chief Operating Officer, Carhartt, Inc., Dearborn, 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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/stlouisfinstmt2020.pdf.

Class A

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

C. Mitchell Waycaster, 2022
President and Chief Executive Officer, Renassant Bank, Tupelo, MS

Class B

John N. Roberts III, 2020
President and Chief Executive Officer, J.B. Hunt Transport Services, Inc., Lowell, AR

Alice K. Houston, 2021
Chief Executive Officer, HJI Supply Chain Solutions, Louisville, KY

Penelope Pennington, 2022
Managing Partner, Edward Jones, St. Louis, MO

Class C

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

Carolyn Chism Hardy, 2022
President and Chief Executive Officer, Chism Hardy Investments, LLC, Collierville, TN

Little Rock Branch

Appointed by the Federal Reserve Bank

Keith Glover, 2020
President and Chief Executive Officer, Producers Rice Mill, Inc., Stuttgart, AR

Karama Neal, 2020
President, Southern Bancorp Community Partners, Little Rock, AR

Jeff Lynch, 2021
President and Chief Executive Officer, Eagle Bank and Trust, Little Rock, AR

R. Andrew Clyde, 2022
President and Chief Executive Officer, Murphy USA Inc., El Dorado, AR

Appointed by the Board of Governors

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

Millie A. Ward, 2022
President, Stone Ward, Little Rock, AR

Louisville Branch

Appointed by the Federal Reserve Bank

Tara England Barney, 2020
President and Chief Executive Officer, Southwest Indiana Chamber of Commerce, Evansville, IN

Blake B. Willoughby, 2020
President, First Breckinridge Bancshares, Inc., Irvington, KY

Ben Reno-Weber, 2021
Project Director, Greater Louisville Project, Louisville, KY

Patrick J. Glotzbach, 2022
Director, New Independent Bancshares, Inc., Charlestown, IN

Appointed by the Board of Governors

Sadiqa N. Reynolds, 2020
President and Chief Executive Officer, Louisville Urban League, Louisville, KY

Emerson M. Goodwin, 2021
Vice President of Operations, ARcare d/b/a KentuckyCare, Paducah, KY

David Tatman, 2022
Director of Engineering, Bendix Spicer Foundation Brake, LLC, Bowling Green, KY

Memphis Branch

Appointed by the Federal Reserve Bank

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

R. Davy Carter, 2022
Regional President, Home BancShares, Inc., Jonesboro, AR

Appointed by the Board of Governors

David T. Cochran, Jr., 2020
Partner, CoCo Planting Co., Avon, MS

Eric D. Robertson, 2021
President, Community LIFT Corporation, Memphis, TN

Katherine Buckman Gibson, 2022, Chief Executive Officer, KBG Technologies, LLC, 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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/minneapolisfinstmt2020.pdf.

Class A

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

Brenda K. Foster, 2022
Chairman, President, and Chief Executive Officer, First Western Bank and Trust, Minot, ND

Class B

Kathleen Neset, 2020
President, Neset Consulting Service, Tioga, ND

Sarah Walsh, 2021
Chief Operating Officer, PayneWest Insurance, Helena, MT

David R. Emery, 2022
Executive Chairman, Retired, Black Hills Corporation, Rapid City, South Dakota

Class C

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

Christopher M. Hilger, 2022
Chairman, President, and Chief Executive Officer, Securian Financial, St. Paul, MN

Helena Branch

Appointed by the Federal Reserve Bank

William E. Coffee, 2020
Chief Executive Officer, Stockman Financial Corporation, Billings, MT

Jason Adams, 2021
Chief Financial Officer, Energy Keepers, Inc., Polson, MT

Mary Rutherford, 2022
President and Chief Executive Officer, Montana Community Foundation, Helena, 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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/kansascityfinstmt2020.pdf.

Class A

Patricia J. Minard, 2020
Chairman, President, and Chief Executive Officer, Southwest National Bank, Wichita, KS

Kyle Heckman, 2021
Chairman, President, and Chief Executive Officer, Flatirons Bank, Boulder, CO

Gregory Hohl, 2022
Chairman and President, Wahoo State Bank, Wahoo, NE

Class B

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

Douglas J. Stussi, 2022
Executive Vice President and Managing Director, Love Family Office, Oklahoma City, OK

Class C

James C. Farrell, 2020
President, Farrell Growth Group LLC, Omaha, NE

Edmond Johnson, 2021
President and Owner, Premier Manufacturing, Inc., Frederick, CO

Patrick A. Dujakovich, 2022
President, Greater Kansas City AFL-CIO, Kansas City, MO

Denver Branch

Appointed by the Federal Reserve Bank

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

Chris Wright, 2021
Chief Executive Officer, Liberty Oilfield Services, Denver, CO

Jeffrey C. Wallace, 2022
Chief Executive Officer, Wyoming Bank & Trust, Cheyenne, WY

Appointed by the Board of Governors

Navin Dimond, 2020
Chief Executive Officer, Stonebridge Companies, Denver, CO

Jacqueline Baca, 2021
President, Bueno Foods, Albuquerque, NM

Taryn Christison, 2022
Owner, Zimmerman Metals, Denver, CO

Oklahoma City Branch

Appointed by the Federal Reserve Bank

Brady Sidwell, 2020
Owner and Principal, Sidwell Strategies, LLC, Enid, OK

J. Walter Duncan IV, 2021
President, Duncan Oil Properties, Inc., Oklahoma City, OK

Susan Chapman Plumb, 2022
Board Chair and Chief Executive Officer, Bank of Cherokee County, Tahlequah, OK

Christopher C. Turner, 2022
President and Chief Financial Officer, The First State Bank, Oklahoma City, OK

Appointed by the Board of Governors

Katrina Washington, 2020
Owner, Stratos Realty Group, Oklahoma City, OK

Tina Patel, 2021
Chief Financial Officer, Promise Hotels, Inc., Tulsa, OK

Dana S. Weber, 2022
Chief Executive Officer and Chairman of the Board, Webco Industries, Inc., Sand Springs, OK

Omaha Branch

Appointed by the Federal Reserve Bank

Dwayne W. Sieck, 2020
President, Middle Market Banking, CIT, Omaha, NE

Thomas J. Henning, 2021
President and Chief Executive Officer, Cash-Wa Distributing Co., Kearney, NE

Zac Karpf, 2021
Chief Operating Officer, Platte Valley Bank, Scottsbluff, NE

Annette Hamilton, 2022
Chief Operating Officer, Ho-Chunk, Inc., Winnebago, NE

Appointed by the Board of Governors

Eric L. Butler, 2020
Retired Executive Vice President and Chief Administrative Officer, Union Pacific Railroad, Omaha, NE

Kimberly A. Russel, 2021
Chief Executive Officer, Russel Advisors, Lincoln, NE

L. Javier Fernandez, 2022
Chief Financial Officer, Omaha Public Power District, Omaha, 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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/dallasfinstmt2020.pdf.

Class A

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

Joe Quiroga, 2022
President, Texas National Bank, Edinburg, TX

Class B

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

Cynthia Taylor, 2022
President and Chief Executive Officer, Oil States International Inc., Houston, TX

Class C

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

Thomas J. Falk, 2022
Retired Chairman and Chief Executive Officer, Kimberly-Clark Corporation, Dallas, TX

El Paso Branch

Appointed by the Federal Reserve Bank

Sally A. Hurt-Deitch, 2020
Group CEO Mid-South, Memphis Market CEO, and St. Francis Hospital CEO, Tenet Healthcare, 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

Von C. Washington, Sr., 2022
President, IDA Technology, El Paso, TX

Appointed by the Board of Governors

Richard D. Folger, 2020
Managing General Partner, Colbridge Partners Ltd., Midland, TX

Tracy J. Yellen, 2021
Chief Executive Officer, Paso del Norte Community Foundation and Paso Del Norte Health Foundation, El Paso, TX

Julio Chiu, 2022
Founder and Chief Executive Officer, Seisa Group, El Paso, TX

Houston Branch

Appointed by the Federal Reserve Bank

Albert Chao, 2020
President and Chief Executive Officer, Westlake Chemical Corporation and Westlake Chemical Partners GP LLC, 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

Gary R. Petersen, 2022
Managing Partner and Founder, EnCap Investments L.P., Houston, TX

Appointed by the Board of Governors

Ruth J. Simmons, 2020
President, Prairie View A&M University, Prairie View, TX

Janiece Longoria, 2021
Vice Chairman, UT Board of Regents, and Former Chairman, Port of Houston Authority, Houston, TX

Darryl L. Wilson, 2022
President and Founder, The Wilson Collective, Houston, TX

San Antonio Branch

Appointed by the Federal Reserve Bank

Robert L. Lozano, 2020
President, F&P Brands, Pharr, TX

Tyson Tuttle, 2020
President and Chief Executive Officer, Silicon Labs, Austin, TX

Alfred B. Jones, 2021
Director, American Bank Holding Corp., Corpus Christi, TX

Charles E. Amato, 2022
Chairman and Co-Founder, Southwest Business Corp., San Antonio, TX

Appointed by the Board of Governors

Paula Gold-Williams, 2020
President and Chief Executive Officer, CPS Energy, San Antonio, TX

Jesús Garza, 2021
Retired President and Chief Executive Officer, Seton Healthcare Family, Austin, TX

Denise M. Trauth, 2022
President, Texas State University, San Marcos, 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/beigebook2020.htm. Also find the Reserve Bank's financial statements for 2020 at https://www.federalreserve.gov/aboutthefed/files/sanfranciscofinstmt2020.pdf.

Class A

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

Richard M. Sanborn, 2022
Retired President and Chief Executive Officer, Seacoast Commerce Bank, San Diego, CA

Class B

Tamara L. Lundgren, 2020
Chairman, 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

Sanford L. Michelman, 2022
Chairman, Michelman & Robinson, LLP, Los Angeles, CA

Class C

Rosemary Turner, 2020
Retired President, North California District, United Parcel Service, Inc., Oakland, CA

David P. White, 2021
National Executive Director, SAG-AFTRA, Los Angeles, CA

Barry M. Meyer, 2022
Retired Chairman and Chief Executive Officer, Warner Bros., Founder and Chairman, North Ten Mile Associates,
Los Angeles, CA

Los Angeles Branch

Appointed by the Federal Reserve Bank

Carl J.P. Chang, 2020
Chief Executive Officer, Redwood-Kairos Real Estate Partners and Pieology Pizzeria, Rancho Santa Margarita, CA

Maritza Diaz, 2021
Chief Executive Officer, iTjuana, San Marcos, CA

Luis Faura, 2021
President and Chief Executive Officer, C&F Foods, Inc., City of Industry, CA

Steven W. Streit, 2022
Chief Innovation Officer, Green Dot Bank and Green Dot Corporation, Pasadena, CA

Appointed by the Board of Governors

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

Vacancy, 2022

Portland Branch

Appointed by the Federal Reserve Bank

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

Maria Pope, 2022
President and Chief Executive Officer, Portland General Electric Company, Portland, OR

Appointed by the Board of Governors

Charles A. Wilhoite, 2020
Managing Director, Willamette Management Associates, Portland, OR

Gale Castillo, 2021
President, Cascade Centers, Inc., Portland, OR

Anne C. Kubisch, 2022
President and Chief Executive Officer, The Ford Family Foundation, Roseburg, OR

Salt Lake City Branch

Appointed by the Federal Reserve Bank

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

Deneece Huftalin, 2022
President, Salt Lake Community College, Tayorsville, UT

Appointed by the Board of Governors

Patricia R. Richards, 2020
Retired President and Chief Executive Officer, SelectHealth, Inc., Murray, UT

Thomas K. Corrick, 2021
Chief Executive Officer, Boise Cascade Company, Boise, ID

Russell A. Childs, 2022
Chief Executive Officer and President, SkyWest, Inc., St. George, UT

Seattle Branch

Appointed by the Federal Reserve Bank

Carol Gore, 2020
President and Chief Executive Officer, Cook Inlet Housing Authority, Anchorage, AK

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

Robert C. Donegan, 2022
President, Ivar's Inc., Seattle, WA

Appointed by the Board of Governors

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

Craig Dawson, 2022
President and Chief Executive Officer, Retail Lockbox, Inc., Seattle, 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 and Chief Executive Officer

Helen Mucciolo, Acting First Vice President

Additional office at East Rutherford, NJ

Philadelphia

Madeline Bell, Chair

Anthony Ibarguen, Deputy Chair

Patrick T. Harker, President and Chief Executive Officer

James D. Narron, First Vice President and Chief Operating Officer

Cleveland

Dawne S. Hickton, Chair

Dwight E. Smith, Deputy Chair

Loretta J. Mester, President and Chief Executive Officer

Gregory L. Stefani, First Vice President and Chief Operating Officer

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

Eugene A. Woods, Deputy Chair

Thomas I. Barkin, President and Chief Executive Officer

Becky 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 and Chief Executive Officer

André Anderson, First Vice President and Chief Operating Officer

Birmingham

Merrill H. Stewart, Jr., Chair

Anoop Mishra, Vice President and Regional Executive

Jacksonville

Troy D. Taylor, Chair

Christopher L. Oakley, Vice President and Regional Executive

Miami

Keith T. Koenig, Chair

Karen Gilmore, Vice President and Regional Executive

Nashville

Thomas Zacharia, Chair

Laurel Graefe, Vice President and Regional Executive

New Orleans

Michael E. Hicks, Jr., Chair

Adrienne C. Slack, Vice President and Regional Executive

Chicago

E. Scott Santi, Chair

Wright L. Lassiter, III, Deputy Chair

Charles L. Evans, President and Chief Executive Officer

Ellen Bromagen, First Vice President and Chief Operating Officer

Additional office at Des Moines, IA

Detroit

Joseph B. Anderson, Jr., Chair

Rick Mattoon, Vice President and Regional Executive

St. Louis

Suzanne Sitherwood, Chair

James M. McKelvey, Jr., Deputy Chair

James B. Bullard, President and Chief Executive Officer

Kathy O. Paese, First Vice President and Chief Operating Officer

Little Rock

Vickie D. Judy, Chair

Robert Hopkins, Senior Vice President and Regional Executive

Louisville

Emerson M. Goodwin, Chair

Nikki R. Lanier, Senior Vice President and Regional Executive

Memphis

David T. Cochran, Jr., Chair

Douglas G. Scarboro, Senior Vice President and Regional Executive

Minneapolis

Srilata Zaheer, Chair

Harry D. Melander, Deputy Chair

Neel Kashkari, President and Chief Executive Officer

Ron Feldman, First Vice President

Helena

Norma Nickerson, Chair

Kansas City

James C. Farrell, Chair

Edmond Johnson, Deputy Chair

Esther L. George, President and Chief Executive Officer

Kelly J. Dubbert, First Vice President and Chief Operating Officer

Denver

Taryn Christison, Chair

Nicholas Sly, Assistant Vice President and Branch Executive

Oklahoma City

Tina Patel, Chair

Chad R. Wilkerson, Vice President and Branch Executive

Omaha

Kimberly A. Russel, 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

Richard D. Folger, Chair

Roberto A. Coronado, Senior Vice President in Charge

Houston

Darryl L. Wilson, Chair

Daron D. Peschel, Senior Vice President in Charge

San Antonio

Jesús Garza, Chair

Blake Hastings, Senior Vice President in Charge

San Francisco

Barry M. Meyer, Chair

Rosemary Turner, Deputy Chair

Mary C. Daly, President and Chief Executive Officer

Mark A. Gould, First Vice President and Chief Operating Officer

Additional office at Phoenix, AZ

Los Angeles

Anita V. Pramoda, 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

Russell A. Childs, Chair

Becky Potts, Vice President and Regional Executive

Seattle

Craig Dawson, 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 6, 2020, October 6 and 9, 2020, and November 10, 2020. The conference's executive committee members for 2020 are listed below.⁶

Conference of Chairs Executive Committee—2020

Dawne S. Hickton, Chair, Federal Reserve Bank of Cleveland

Phillip L. Clay, Vice Chair, Federal Reserve Bank of Boston

Greg L. Armstrong, Member, Federal Reserve Bank of Dallas

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 2020 are listed below.

Conference of Presidents—2020

Charles L. Evans, Chair, Federal Reserve Bank of Chicago

James B. 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 2020 are listed below.⁷

Conference of First Vice Presidents—2020

Kelly J. Dubbert, Chair, Federal Reserve Bank of Kansas City

Michael Strine, Vice Chair, Federal Reserve Bank of New York

Laura Forman, Secretary, Federal Reserve Bank of New York

Joshua Silverstein, Assistant Secretary, Federal Reserve Bank of Philadelphia

Footnotes