Annual Report 2011
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.
Board of Governors
In this Section:
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 Chairman and the Vice Chairman of the Board are also named by the President from among the members and are confirmed by the Senate. Two positions on the Board are currently vacant. For a full listing of Board members from 1913 through the present, visit www.federalreserve.gov/aboutthefed/bios/board/boardmembership.htm.
Ben S. Bernanke Chairman
Janet L. Yellen Vice Chair
Kevin M. Warsh (resigned April 2, 2011)
Elizabeth A. Duke
Daniel K. Tarullo
Sarah Bloom Raskin
Divisions and Officers
Thirteen 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
Director
Linda L. Robertson
Assistant to the Board
Rosanna Pianalto-Cameron
Assistant to the Board
David W. Skidmore
Assistant to the Board
Brian J. Gross
Special Assistant to the Board for Congressional Liaison
Lucretia M. Boyer
Special Assistant to the Board for Public Information
Winthrop P. Hambley
Senior Adviser
Andrew T. Levin
Special Adviser to the Board
Legal Division
Scott G. Alvarez
General Counsel
Richard M. Ashton
Deputy General Counsel
Kathleen M. O'Day
Deputy General Counsel
Stephanie Martin
Associate General Counsel
Ann Misback
Associate General Counsel
Laurie S. Schaffer
Associate General Counsel
Katherine H. Wheatley
Associate General Counsel
Jean C. Anderson
Assistant General Counsel
Stephen H. Meyer
Assistant General Counsel
Alison M. Thro
Assistant General Counsel
Cary K. Williams
Assistant General Counsel
Office of the Secretary
Jennifer J. Johnson
Secretary
Robert deV. Frierson
Deputy Secretary
Margaret M. Shanks
Associate Secretary
Michael J. Lewandowski
Assistant Secretary
Division of International Finance
Steven B. Kamin
Director
Thomas A. Connors
Deputy Director
Michael P. Leahy
Senior Associate Director
Trevor A. Reeve
Associate Director
Ralph W. Tryon
Associate Director
Christopher J. Erceg
Deputy Associate Director
David H. Bowman
Assistant Director
Charles P. Thomas
Assistant Director
Beth Ann Wilson
Assistant Director
Mark S. Carey
Senior Adviser
Jane Haltmaier
Senior Adviser
John H. Rogers
Senior Adviser
Sally M. Davies
Adviser
Office of Financial Stability Policy and Research
J. Nellie Liang
Director
Andreas W. Lehnert
Deputy Director
Seth F. Wheeler
Chief of Staff
Division of Monetary Affairs
William B. English
Director
James A. Clouse
Deputy Director
Deborah J. Danker
Deputy Director
William Nelson
Deputy Director
Seth B. Carpenter
Senior Associate Director
Fabio M. Natalucci
Deputy Associate Director
Gretchen C. Weinbach
Deputy Associate Director
Egon Zakrajsek
Deputy Associate Director
William F. Bassett
Assistant Director
Margaret G. DeBoer
Assistant Director
Jane E. Ihrig
Assistant Director
J. David Lopez-Salido
Assistant Director
Matthew M. Luecke
Assistant Director
Stephen A. Meyer
Senior Adviser
Joyce K. Zickler
Senior Adviser
Mary T. Hoffman
Adviser
Division of Research and Statistics
David W. Wilcox
Director
Michael S. Gibson
Deputy Director
David L. Reifschneider
Deputy Director
Janice Shack-Marquez
Deputy Director
William L. Wascher III
Deputy Director
Daniel E. Sichel
Senior Associate Director
Daniel M. Covitz
Associate Director
Michael S. Cringoli
Associate Director
Matthew J. Eichner
Associate Director
Eric M. Engen
Associate Director
Michael T. Kiley
Associate Director
David E. Lebow
Associate Director
Michael G. Palumbo
Associate Director
S. Wayne Passmore
Associate Director
Sean D. Campbell
Deputy Associate Director
Jeffrey C. Campione
Deputy Associate Director
Sandra A. Cannon
Deputy Associate Director
Joshua Gallin
Deputy Associate Director
Diana Hancock
Deputy Associate Director
Robin A. Prager
Deputy Associate Director
Arthur B. Kennickell
Assistant Director
Elizabeth K. Kiser
Assistant Director
Karen M. Pence
Assistant Director
John M. Roberts
Assistant Director
Steven A. Sharpe
Assistant Director
John J. Stevens
Assistant Director
Stacey M. Tevlin
Assistant Director
Mary M. West
Assistant Director
Glenn B. Canner
Senior Adviser
Lawrence Silfman
Senior Adviser
Division of Banking Supervision and Regulation
Patrick M. Parkinson
Director
Maryann F. Hunter
Deputy Director
Barbara J. Bouchard
Senior Associate Director
Michael R. Foley
Senior Associate Director
Jack P. Jennings II
Senior Associate Director
Arthur W. Lindo
Senior Associate Director
Peter J. Purcell
Senior Associate Director
William G. Spaniel
Senior Associate Director
Mark E. VanDer Weide
Senior Associate Director
Kevin M. Bertsch
Associate Director
Betsy Cross
Associate Director
Nida Davis
Associate Director
Gerald A. Edwards Jr.
Associate Director
David S. Jones
Associate Director
Michael D. Solomon
Associate Director
Lisa M. DeFerrari
Deputy Associate Director
Richard A. Naylor II
Deputy Associate Director
Robert T. Ashman
Assistant Director
Kevin J. Clarke
Assistant Director
Adrienne T. Haden
Assistant Director
Anna L. Hewko
Assistant Director
Michael J. Kraemer
Assistant Director
Robert T. Maahs
Assistant Director
Stephen P. Merriett
Assistant Director
Thomas K. Odegard
Assistant Director
Dana E. Payne
Assistant Director
Nancy J. Perkins
Assistant Director
Lisa H. Ryu
Assistant Director
Michael J. Sexton
Assistant Director
Richard C. Watkins
Assistant Director
Sarkis Yoghourtdjian
Assistant Director
Norah M. Barger
Senior Adviser
Timothy P. Clark
Senior Adviser
William F. Treacy
Adviser
Division of Consumer and Community Affairs
Sandra F. Braunstein
Director
Tonda E. Price
Deputy Director
Anna Alvarez Boyd
Senior Associate Director
Allen J. Fishbein
Associate Director
Suzanne G. Killian
Associate Director
James A. Michaels
Associate Director
Joseph A. Firschein
Deputy Associate Director
David E. Buchholz
Deputy Associate Director
Carol A. Evans
Assistant Director
Marisa A. Reid
Assistant Director
Division of Reserve Bank Operations and Payment Systems
Louise L. Roseman
Director
Donald V. Hammond
Deputy Director
Jeffrey C. Marquardt
Deputy Director
Jeff J. Stehm
Senior Associate Director
Kenneth D. Buckley
Associate Director
Dorothy LaChapelle
Associate Director
Susan V. Foley
Associate Director
Gregory L. Evans
Deputy Associate Director
Lisa K. Hoskins
Deputy Associate Director
Michael J. Lambert
Deputy Associate Director
Jennifer A. Lucier
Assistant Director
Stuart E. Sperry
Assistant Director
Michael J. Stan
Assistant Director
Paul W. Bettge
Senior Adviser
Office of Staff Director
Stephen R. Malphrus
Staff Director
Charles S. Struckmeyer
Deputy Staff Director
Sheila Clark
Diversity and Inclusion Programs Director
Lynn S. Fox
Senior Adviser
Adrienne D. Hurt
Adviser
Management Division
Richard A. Anderson
Chief Operating Officer and Director
Michell C. Clark
Deputy Director
Donald A. Spicer
Deputy Director
William L. Mitchell
Deputy Director
Christine M. Fields
Associate Director
Charles F. O'Malley
Associate Director
James R. Riesz
Associate Director
Marie S. Savoy
Associate Director
Tara C. Tinsley-Pelitere
Associate Director
Keith F. Bates
Assistant Director
Jeffrey R. Peirce
Assistant Director
Theresa A. Trimble
Assistant Director
Karen L. Vassallo
Assistant Director
Todd A. Glissman
Senior Adviser
Carol A. Sanders
Special Adviser
Christopher J. Suma
Special Adviser
Division of Information Technology
Maureen T. Hannan
Director
Geary L. Cunningham
Deputy Director
Wayne A. Edmondson
Deputy Director
Sharon L. Mowry
Deputy Director
Lisa M. Bell
Deputy Associate Director
Susan F. Marycz
Deputy Associate Director
Raymond Romero
Deputy Associate Director
Kofi A. Sapong
Deputy Associate Director
William Dennison
Assistant Director
Glenn S. Eskow
Assistant Director
Marietta Murphy
Assistant Director
Kassandra Arana Quimby
Assistant Director
Sheryl Lynn Warren
Assistant Director
Rajasekhar R. Yelisetty
Assistant Director
Po Kyung Kim
Senior Adviser
Tillena G. Clark
Adviser
Office of Inspector General
Mark Bialek
Inspector General
Jacqueline M. Becker
Associate Inspector General
Anthony J. Castaldo
Associate Inspector General
Elise M. Ennis
Associate Inspector General
Andrew Patchan Jr.
Associate Inspector General
Harvey Witherspoon
Associate Inspector General
Federal Open Market Committee
In this Section:
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 11 Reserve Bank presidents, who serve one-year terms on a rotating basis. During 2011, the Federal Open Market Committee held eight regularly scheduled meetings and two conference calls (see "Minutes of Federal Open Market Committee Meetings").
Members
Ben S. Bernanke
Chairman,Board of Governors
William C. Dudley
Vice Chairman, President,Federal Reserve Bank of New York
Elizabeth A. Duke
Member, Board of Governors
Charles L. Evans
President, Federal Reserve Bank of Chicago
Richard W. Fisher
President, Federal Reserve Bank of Dallas
Narayana Kocherlakota
President, Federal Reserve Bank of Minneapolis
Charles I. Plosser
President, Federal Reserve Bank of Philadelphia
Sarah Bloom Raskin
Member, Board of Governors
Daniel K. Tarullo
Member, Board of Governors
Kevin M. Warsh
Member, Board of Governors (through March 2011)
Janet L. Yellen
Member, Board of Governors
Alternate Members
Christine M. Cumming
First Vice President,Federal Reserve Bank of New York
Jeffrey M. Lacker
President, Federal Reserve Bank of Richmond
Dennis P. Lockhart
President,Federal Reserve Bank of Atlanta
Sandra Pianalto
President,Federal Reserve Bank of Cleveland
John C. Williams
President, Federal Reserve Bank of San Francisco
Officers
William B. English
Secretary and Economist
Deborah J. Danker
Deputy Secretary
Matthew M. Luecke
Assistant Secretary
David W. Skidmore
Assistant Secretary
Michelle A. Smith
Assistant Secretary
Scott G. Alvarez
General Counsel
Thomas C. Baxter
Deputy General Counsel
Richard M. Ashton
Assistant General Counsel
Steven B. Kamin
Economist (as of December 2011; previously, Associate Economist)
Nathan Sheets
Economist (through August 2011)
David J. Stockton
Economist (through June 2011)
David W. Wilcox
Economist (as of November 2011; previously, Associate Economist)
James A. Clouse
Associate Economist
Thomas A. Connors
Associate Economist
Loretta J. Mester
Associate Economist
Simon Potter
Associate Economist
David Reifschneider
Associate Economist
Harvey Rosenblum
Associate Economist
Lawrence Slifman
Associate Economist (as of November 2011)
Daniel G. Sullivan
Associate Economist
Kei-Mu Yi
Associate Economist
Brian Sack
Manager, System Open Market Account
Board of Governors Advisory Councils
In this Section:
The Federal Reserve System uses advisory committees in carrying out its varied responsibilities. Three of these committees advise the Board of Governors directly: the Federal Advisory Council, the Consumer Advisory Council, and the Community Depository Institutions Advisory Council. These councils, whose members are drawn from each of the 12 Federal Reserve Districts, meet two to four times a year. The individual Reserve Banks have advisory committees as well, including thrift institutions advisory committees, small business committees, and agricultural advisory committees. Moreover, officials from all Reserve Banks meet periodically in various committees. To learn more, visit 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 Federal Reserve Act requires the council to meet in Washington, D.C., at least four times a year. Three members of the council serve as its president, vice president, and secretary. In 2011, it met on February 3-4, May 12-13, September 1-2, and December 1-2. The council met with the Board on February 4, May 13, September 2, and December 2, 2011.
Members
District 1
Joseph L. Hooley
Chairman, President, and Chief Executive Officer, State Street Corporation, Boston, MA
District 2
Vikram Pandit
Chief Executive Officer, Citigroup, Inc., New York, NY
District 3
Bharat B. Masrani
President and Chief Executive Officer, TD Bank, Cherry Hill, NJ
District 4
James E. Rohr
Chairman and Chief Executive Officer, The PNC Financial Services Group, Inc., Pittsburgh, PA
District 5
Richard D. Fairbank
Chairman and Chief Executive Officer, Capital One Financial Corporation, McLean, VA
District 6
Daryl G. Byrd
President and Chief Executive Officer, IBERIABANK Corporation, Lafayette, LA
District 7
David W. Nelms
Chairman and Chief Executive Officer, Discover Financial Services, Riverwoods, IL
District 8
Bryan Jordan
Chairman, President, and Chief Executive Officer, First Horizon National Corporation, Memphis, TN
District 9
Richard K. Davis
Chairman, President, and Chief Executive Officer, U.S. Bancorp, Minneapolis, MN
District 10
Stanley A. Lybarger
President and Chief Executive Officer, Bank of Oklahoma, National Association, Tulsa, OK
District 11
Richard W. Evans Jr.
Chairman and Chief Executive Officer, Cullen/Frost Bankers Inc., San Antonio, TX
District 12
Russell Goldsmith
Chairman and Chief Executive Officer, City National Bank, Beverly Hills, CA
Officers
Robert P. Kelly
President (resigned September 2011)
Russell Goldsmith
Vice President
James E. Annable
Secretary
Consumer Advisory Council
The Consumer Advisory Council--a statutory body established pursuant to the 1976 amendments to the Equal Credit Opportunity Act--advises the Board of Governors on consumer financial services. Its members, who are appointed by the Board, are academics, state and local government officials, and representatives of the financial services industry and of consumer and community interests. In 2011, the Council met with the Board on March 10 and June 16.
Members
Nancy Andrews
President and Chief Executive Officer, Low Income Investment Fund, San Francisco, CA
Maeve Elise Brown
Executive Director, Housing and Economic Rights Advocates, Oakland, CA
Paula Bryant-Ellis
Senior Vice President, Community Development Banking Group, BOK Financial Corporation, Tulsa, OK
Joanne Budde
President and Chief Executive Officer, Consumer Credit Counseling Service of San Francisco, San Francisco, CA
Barrett Burns
President and Chief Executive Officer, VantageScore Solutions, LLC, Stamford, CT
John P. Carey
Chief Administrative Officer, Consumer Banking, North America, Citigroup, New York, NY
Tino Diaz
Managing Director and Chief Executive Officer, CharisPros - Mortgage Center, Miami, FL
Kerry Doi
President and Chief Executive Officer, Pacific Asian Consortium in Employment, Los Angeles, CA
Susan Ehrlich
President, Sears Financial Services, Sears Holding Corporation, Hoffman Estates, IL
Betsy Flynn
Chief Executive Officer, President, and Chairman, Community Financial Services Bank, Benton, KY
Josh Fuhrman
Senior Vice President of Programs and Policy, Homeownership Preservation Foundation, Minneapolis, MN
Patricia Garcia Duarte
President and Chief Executive Officer, Neighborhood Housing Services of Phoenix, Phoenix, AZ
Ira Goldstein
Director, Policy Solutions, The Reinvestment Fund, Philadelphia, PA
Mike Griffin
Senior Vice President, KeyBank, N.A., Cleveland, OH
James Gutierrez
Chief Executive Officer, Progreso Financiero, Mountain View, CA
Clinton Gwin
President, Pathway Lending, Nashville, TN
Brian Hudson Sr.
Executive Director and Chief Executive Officer, Pennsylvania Housing Finance Agency, Harrisburg, PA
Kirsten Keefe
Senior Staff Attorney, Empire Justice Center, Albany, NY
Larry B. Litton Jr.
President and Chief Executive Officer, Litton Loan Servicing LP, Houston, TX
Mike Long
Executive Vice President and Chief Credit Officer, UW Credit Union, Madison, WI
Andy Navarrete
Senior Vice President, Chief Counsel-National Lending, Capital One Financial Corporation, McLean, VA
Dory Rand
President, Woodstock Institute, Chicago, IL
Rashmi Rangan
Executive Director, Delaware Community Reinvestment Action Council, Newark, DE
Phyllis Salowe-Kaye
Executive Director, New Jersey Citizen Action, Newark, NJ
Mark Wiseman
Former Principal Assistant Attorney General, Consumer Protection Section, Ohio Attorney General's Office, Cleveland, OH
Jonathan Zinman
Associate Professor of Economics, Dartmouth College, Hanover, NH
Officers
Jim Park
Council Chair, Chief Executive Officer, New Vista Asset Management, San Diego, CA
Mary Tingerthal
Council Vice Chair, Commissioner, Minnesota Housing Finance Agency, St. Paul, MH
Community Depository Institutions Advisory Council
The Community Depository Advisory Council advises the Board of Governors on the economy, leading conditions, and other issues. Members are selected from representatives of banks, thrift institutions, and credit unions 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, which meets twice a year with the Federal Reserve Board in Washington.
Members
Howard T. Boyle
President and Chief Executive Officer, Home Savings Bank, Kent, OH
Barrie G. Christman
Chairman, Principal Bank, Des Moines, IA
John V. Evans, Jr.
Chief Executive Officer, CapStar Bank, Nashville, TN
Richard J. Green
Chief Executive Officer, Firstrust Bank, Conshohocken, PA
Kay M. Hoveland
President and Chief Executive Officer, Kaiser Federal Bank and K-Fed Bancorp, Covina, CA (resigned June 2011)
Peter G. Humphrey
President and Chief Executive Officer, Five Star Bank and Financial Institutions, Inc., Warsaw, NY
Peter J. Johnson
President and Chief Executive Officer, American Federal Savings Bank, Helena, MT
Michael Kloiber
President and Chief Executive Officer, Tinker Federal Credit Union, Tinker Air Force Base, OK
Charles H. Majors
Chairman and Chief Executive Officer, American National Bank, Danville, VA
Randy M. Smith
Chief Executive Officer and President, Randolph-Brooks Federal Credit Union,Universal City, TX
William T. Stapleton
President and Chief Executive Officer, Northampton Cooperative Bank, Northampton, MA
Dennis M. Terry
President and Chief Executive Officer, First Clover Leaf Bank, Edwardsville, IL
Claire W. Tucker
President and Chief Executive Officer, CapStar Bank, Nashville, TN
Randy M. Smith
Chief Executive Officer and President, Randolph-Brooks Federal Credit Union, Universal City, TX
Officer
Barrie G. Christman President
Federal Reserve Bank Branches
In this Section:
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. As required by the Federal Reserve Act of 1913, each of the Reserve Banks is supervised by a board of directors who are familiar with economic and credit conditions in the District. Similarly, each of the 24 Reserve Bank Branches has a board of directors who are familiar with conditions in the area encompassed by the Branch.
Reserve Bank and Branch Directors
Each Federal Reserve Bank has a nine-member board with three different classes of directors: three Class A directors, who are nominated and elected by the member banks in that District to represent the stockholding banks; three Class B directors, who are nominated and elected by the member banks to represent the public; and three 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. For the election of Class A and Class B directors, the member banks of each Federal Reserve District are classified into three groups. Each group, which is comprised of banks with similar capitalization, elects one Class A director and one Class B director. Directors are elected or appointed to three-year terms on a rotating basis so, barring any unexpected resignations, one position becomes available for each class of director each year. Annually, the Board of Governors designates one Class C director to serve as chair, and another Class C director to serve as deputy chair, of each Reserve Bank board.
Pursuant to the Federal Reserve Act, Class B and Class C directors may not be officers, directors, or employees of any bank, and Class C directors may not hold stock in any bank. In order to give full and meaningful effect to these restrictions, as well as the requirement that Class B and Class C directors be selected with consideration for sectors of the economy beyond banking, it is the Board's policy that Class B and Class C directors may not be affiliated with, and Class C directors may not hold stock in, certain other institutions that are also subject to the System's supervision.
Each Federal Reserve Bank Branch also has a board with either five or seven directors. A majority of the Branch directors are appointed by the Federal Reserve Bank, with the remaining directors appointed by the Board of Governors. Branch directors appointed by the Reserve Bank are subject to the same eligibility requirements as Class A or Class B directors. Board-appointed Branch directors must meet the same requirements as Class B directors.
For more information on Reserve Bank and Branch directors, see www.federalreserve.gov/generalinfo/listdirectors.
The directors of the Banks and Branches are listed below. For each director, the class of directorship, the director's principal business, and the expiration date of the director's term are shown.
District 1-Boston
Class A
Kathryn G. Underwood, 2011
President and Chief Executive Officer, Ledyard National Bank, Hanover, NH
David A. Lentini, 2012
Chairman and Chief Executive Officer, The Connecticut Bank and Trust Company, Hartford, CT
Richard E. Holbrook, 2013
Chairman and Chief Executive Officer, Eastern Bank, Boston, MA
Class B
Vacancy, 2011
William D. Nordhaus, 2012
Sterling Professor of Economics, Yale University, New Haven, CT
John F. Fish, 2013
Chief Executive Officer, Suffolk Construction Company, Inc., Boston, MA
Class C
Henri A. Termeer, 2011
Former Chairman, President, and Chief Executive Officer, Genzyme Corporation, Cambridge, MA
Catherine D'Amato, 2012
President and Chief Executive Officer, The Greater Boston Food Bank, Boston, MA
Kirk A. Sykes, 2013
President, Urban Strategy America Fund, L.P., Boston, MA
District 2-New York
Class A
Charles V. Wait, 2011
President, Chief Executive Officer, and Chairman, The Adirondack Trust Company, Saratoga Springs, NY
James Dimon, 2012
Chairman and Chief Executive Officer, JPMorgan Chase & Co., New York, NY
Richard L. Carrión, 2013
Chairman, President, and Chief Executive Officer, Popular, Inc., San Juan, PR
Class B
Terry J. Lundgren, 2011
Chairman, President, and Chief Executive Officer, Macy's, Inc., New York, NY
Glenn H. Hutchins, 2012
Co-Founder and Co-Chief Executive, Silver Lake, New York, NY
James S. Tisch, 2013
President and Chief Executive Officer, Loews Corporation, New York, NY
Class C
Emily K. Rafferty, 2011 President, The Metropolitan Museum of Art, New York, NY
Lee C. Bollinger, 2012 President, Columbia University, New York, NY
Kathryn S. Wylde, 2013 President and Chief Executive Officer, Partnership for New York City, New York, NY
District 3-Philadelphia
Class A
Frederick C. Peters, 2011
Chairman and Chief Executive Officer, Bryn Mawr Trust Company, Bryn Mawr, PA
Aaron L. Groff, Jr., 2012
Chairman, President, and Chief Executive Officer, Ephrata National Bank, Ephrata, PA
R. Scott Smith, 2013
Chairman and Chief Executive Officer, Fulton Financial Corporation, Lancaster, PA
Class B
Michael F. Camardo, 2011
Retired Executive Vice President, Lockheed Martin ITS, Cherry Hill, NJ
Deborah M. Fretz, 2012
Retired President and Chief Executive Officer, Sunoco Logistics Partners, Philadelphia, PA
Keith S. Campbell, 2013
Chairman, Mannington Mills, Inc., Salem, NJ
Class C
Charles P. Pizzi, 2011
Retired President and Chief Executive Officer, Tasty Baking Company, Philadelphia, PA
James E. Nevels, 2012
Chairman, The Swarthmore Group, Philadelphia, PA
Jeremy Nowak, 2013
President, William Penn Foundation, Philadelphia, PA
District 4-Cleveland
Class A
Charlotte W. Martin, 2011
President and Chief Executive Officer, Great Lakes Bankers Bank, Worthington, OH
C. Daniel DeLawder, 2012
Chairman and Chief Executive Officer, Park National Bank, Newark, OH
Paul G. Greig, 2013 Chairman, President, and Chief Executive Officer, FirstMerit Corp., Akron, OH
Class B
Tilmon F. Brown, 2011
President and Chief Executive Officer, New Horizons Baking Company, Norwalk, OH
Susan Tomasky, 2012
Retired President, AEP Transmission, Columbus, OH
Harold Keller, 2013
President, Ohio Capital Corporation for Housing, Columbus, OH
Class C
Alfred M. Rankin, Jr., 2011
Chairman, President, and Chief Executive Officer, NACCO Industries, Inc., Cleveland, OH
Richard K. Smucker, 2012
Chief Executive Officer, The J.M. Smucker Company, Orrville, OH
Christopher M. Connor, 2013
Chairman and Chief Executive Officer, The Sherwin-Williams Company, Cleveland, OH
Cincinnati Branch
Appointed by the Federal Reserve Bank
Gregory B. Kenny, 2011
President and Chief Executive Officer, General Cable Corporation, Highland Heights, KY
Janet B. Reid, 2011
Managing Partner and Director, Global Novations, LLC, Cincinnati, OH
Donald E. Bloomer, 2012
President and Chief Executive Officer, Citizens National Bank, Somerset, KY
Austin W. Keyser, 2013
Midwest Senior Field Representative, AFL-CIO, McDermott, OH
Appointed by the Board of Governors
James M. Anderson, 2011
Advisor to the President, Cincinnati Children's Hospital Medical Center, Cincinnati, OH
Daniel B. Cunningham, 2012
President and Chief Executive Officer, Long-Stanton Group, Cincinnati, OH
Peter S. Strange, 2013
Chairman, Messer, Inc., Cincinnati, OH
Pittsburgh Branch
Appointed by the Federal Reserve Bank
Howard W. Hanna III, 2011
Chairman and Chief Executive Officer, Howard Hanna Real Estate Services, Pittsburgh, PA
Petra Mitchell, 2011
President, Catalyst Connection, Pittsburgh, PA
Grant Oliphant, 2012
President and Chief Executive Officer, The Pittsburgh Foundation, Pittsburgh, PA
Todd D. Brice, 2013
President and Chief Executive Officer, S&T Bancorp, Inc., Indiana, PA
Appointed by the Board of Governors
Sunil T. Wadhwani, 2011
Chairman and Co-Founder, iGATE Corporation, Pittsburgh, PA
Robert A. Paul, 2012
Chairman and Chief Executive Officer, Ampco-Pittsburgh Corporation, Pittsburgh, PA
Glenn R. Mahone, 2013
Partner and Attorney at Law, Reed Smith LLP, Pittsburgh, PA
District 5-Richmond
Class A
Kelly S. King, 2011
Chief Executive Officer, BB&T Corporation, Winston-Salem, NC
Richard J. Morgan, 2012
President and Chief Executive Officer, CommerceFirst Bank, Annapolis, MD
Alan L. Brill, 2013
President and Chief Executive Officer, Capon Valley Bank, Wardensville, WV
Class B
Dana S. Boole, 2011
President and Chief Executive Officer, Community Affordable Housing Equity Corporation, Raleigh, NC
Wilbur E. Johnson, 2012
Managing Partner, Young Clement Rivers, LLP, Charleston, SC
Patrick C. Graney III, 2013
Maxum East Regional President, Maxum Petroleum, Belle, WV
Class C
Linda D. Rabbitt, 2011
Chairman and Chief Executive Officer, Rand Construction Corporation, Washington, DC
Russell C. Lindner, 2012
Chairman and Chief Executive Officer, The Forge Company, Washington, DC
Margaret E. McDermid, 2013
Senior Vice President and Chief Information Officer, Dominion Resources, Inc., Richmond, VA
Baltimore Branch
Appointed by the Federal Reserve Bank
Biana J. Arentz, 2011
President and Chief Executive Officer, Hemingway's Inc., Stevensville, MD
James T. Brady, 2012
Managing Director-Mid-Atlantic, Ballantrae International, Ltd., Ijamsville, MD
Anita G. Newcomb, 2012
President and Managing Director, A.G. Newcomb & Co., Columbia, MD
William B. Grant, 2013
Chairman, President, and Chief Executive Officer, First United Corp. and First United Bank & Trust, Oakland, MD
Appointed by the Board of Governors
Jenny G. Morgan, 2011
President and Chief Executive Officer, basys, inc., Linthicum, MD
Ronald Blackwell, 2012
Chief Economist, AFL-CIO, Washington, DC
Samuel L. Ross, 2013
Chief Executive Officer, Bon Secours Baltimore Health System, Baltimore, MD
Charlotte Branch
Appointed by the Federal Reserve Bank
James H. Speed, Jr., 2011
President and Chief Executive Officer, North Carolina Mutual Life Insurance Company, Durham, NC
Lucia Z. Griffith, 2012
Chief Executive Officer and Principal, METRO Landmarks, Charlotte, NC
John S. Kreighbaum, 2012
President and Chief Executive Officer, Carolina Premier Bank and Premara Financial, Inc., Charlotte, NC
Robert R. Hill, Jr., 2013
President and Chief Executive Officer, SCBT Financial Corporation, Columbia, SC
Appointed by the Board of Governors
Linda L. Dolny, 2011
Former President, PML Associates, Inc., Greenwood, SC
David J. Zimmerman, 2012
President, Southern Shows, Inc., Charlotte, NC
Claude C. Lilly, 2013
Dean, Clemson University, College of Business and Behavioral Science, Clemson, SC
District 6-Atlanta
Class A
James M. Wells III, 2011
Executive Chairman, SunTrust Banks, Inc., Atlanta, GA
Rudy E. Schupp, 2012
President and Chief Executive Officer, 1st United Bank, West Palm Beach, FL
T. Anthony Humphries, 2013
President and Chief Executive Officer, NobleBank & Trust, N.A., Anniston, AL
Class B
Renée Lewis Glover, 2011
President and Chief Executive Officer, Atlanta Housing Authority, Atlanta, GA
Clarence Otis, Jr., 2012
Chairman and Chief Executive Officer, Darden Restaurants, Inc., Orlando, FL
José S. Suguet, 2013
Chairman, President, and Chief Executive Officer, Pan-American Life Insurance Group, New Orleans, LA
Class C
Thomas I. Barkin, 2011
Director, McKinsey & Company, Atlanta, GA
Richard H. Anderson, 2012
Chief Executive Officer, Delta Air Lines, Inc., Atlanta, GA
Carol B. Tomé, 2013
Chief Financial Officer and Executive Vice President, The Home Depot, Atlanta, GA
Birmingham Branch
Appointed by the Federal Reserve Bank
Macke B. Mauldin, 2011
President, Bank Independent, Sheffield, AL
John A. Langloh, 2012
President and Chief Executive Officer, United Way of Central Alabama, Birmingham, AL
James K. Lyons, 2012
Director and Chief Executive Officer, Alabama State Port Authority, Mobile, AL
C. Richard Moore, Jr., 2013
Chairman, President, and Chief Executive Officer, Peoples Southern Bank, Clanton, AL
Appointed by the Board of Governors
Thomas R. Stanton, 2011
Chairman and Chief Executive Officer, ADTRAN, Inc., Huntsville, AL
F. Michael Reilly, 2012
Chairman, President, and Chief Executive Officer, Randall-Reilly Publishing Co., LLC, Tuscaloosa, AL
Howard Leroy Nicholson, 2013
Director, Alabama AFL-CIO LIFT, Montgomery, AL
Jacksonville Branch
Appointed by the Federal Reserve Bank
Hugh F. Dailey, 2011
President and Chief Executive Officer, Community Bank & Trust of Florida, Ocala, FL
Oscar J. Horton, 2012
President, Sun State International Trucks, LLC, Tampa, FL
D. Kevin Jones, 2012
President and Chief Executive Officer, MIDFLORIDA Credit Union, Lakeland, FL
Carolyn M. Fennell, 2013
Director of Public Affairs, Greater Orlando Aviation Authority, Orlando International Airport, Orlando, FL
Appointed by the Board of Governors
Lynda L. Weatherman, 2011
President and Chief Executive Officer, Economic Development Commission of Florida's Space Coast, Rockledge, FL
Leerie T. Jenkins, Jr., 2012
Chairman and Chief Executive Officer, Reynolds, Smith and Hills, Inc., Jacksonville, FL
Vacancy, 2013
Miami Branch
Appointed by the Federal Reserve Bank
Walter Banks, 2011
President, Lago Mar Resort and Club, Fort Lauderdale, FL
Thomas H. Shea, 2011
Chief Executive Officer, Florida/Caribbean Region, Right Management, Fort Lauderdale, FL
Leonard L. Abess, 2012
Chairman and Chief Executive Officer, ThinkLAB Ventures, LLC, Miami, FL
Gary L. Tice, 2013
Chairman and Chief Executive Officer, First National Bank of the Gulf Coast, Naples, FL
Appointed by the Board of Governors
W. Cody Estes, Sr., 2011
President and Owner, Estes Citrus, Inc., Vero Beach, FL
Eduardo J. Padrón, 2012
President, Miami Dade College, Miami, FL
Michael J. Jackson, 2013
Chairman and Chief Executive Officer, AutoNation, Inc., Fort Lauderdale, FL
Nashville Branch
Appointed by the Federal Reserve Bank
Dan W. Hogan, 2011
Chairman, Fifth Third Bank, Tennessee, Nashville, TN
Cordia W. Harrington, 2012
Chief Executive Officer, Tennessee Bun Company, Nashville, TN
Jennifer S. Banner, 2012
Chief Executive Officer, Schaad Companies, LLC, Knoxville, TN
William Y. Carroll, Jr., 2013
President and Chief Executive Officer, SmartBank, Pigeon Forge, TN
Appointed by the Board of Governors
Richard Q. Ford, 2011
Chairman and Chief Executive Officer, The Sage Group, Nashville, TN
William J. Krueger, 2012
Vice Chairman, Nissan Americas, Nissan North America, Inc., Franklin, TN
Kathleen Calligan, 2013
Chief Executive Officer, Better Business Bureau Middle Tennessee, Nashville, TN
New Orleans Branch
Appointed by the Federal Reserve Bank
R. King Milling, 2011
Member, Board of Directors, Hancock Holding Company and Whitney Bank, New Orleans, LA
Matthew G. Stuller Sr., 2012
Chairman and Chief Executive Officer, Stuller, Inc., Lafayette, LA
E. Renae Conley, 2012
Executive Vice President, Human Resources and Administration, Entergy Corporation, New Orleans, LA
Gerard R. Host, 2013
President and Chief Executive Officer, Trustmark National Bank, Jackson, MS
Appointed by the Board of Governors
T. Lee Robinson, Jr., 2011
President, OHC, Inc., Mobile, AL
Robert S. Boh, 2012
President and Chief Executive Officer, Boh Bros. Construction Co., LLC, New Orleans, LA
Terrie P. Sterling, 2013
Executive Vice President and Chief Operating Officer, Our Lady of the Lake Regional Medical Center, Baton Rouge, LA
District 7-Chicago
Class A
Frederick H. Waddell, 2011
Chairman and Chief Executive Officer, Northern Trust Corporation and The Northern Trust Company, Chicago, IL
Stephen J. Goodenow, 2012
Chairman and Chief Executive Officer, Bank Midwest, Spirit Lake, IA
Mark C. Hewitt, 2013
President and Chief Executive Officer, Clear Lake Bank & Trust Company, Clear Lake, IA
Class B
Nelda J. Connors, 2011
Chairwoman and Chief Executive Officer, Pine Grove Holdings, LLC, Chicago, IL
Terry Mazany, 2012
President and Chief Executive Officer, The Chicago Community Trust, Chicago, IL
Ann D. Murtlow, 2013
Former President and Chief Executive Officer, Indianapolis Power & Light Company, Indianapolis, IN
Class C
Jeffrey A. Joerres, 2011
Chairman and Chief Executive Officer, Manpower Group, Milwaukee, WI
William C. Foote, 2012
Retired Chairman, USG Corporation, Chicago, IL
Vacancy, 2013
Detroit Branch
Appointed by the Federal Reserve Bank
Mark T. Gaffney, 2011
Former President, Michigan AFL-CIO, Lansing, MI
Brian C. Walker, 2011
President and Chief Executive Officer, Herman Miller, Inc., Zeeland, MI
Sheilah P. Clay, 2012
President and Chief Executive Officer, Neighborhood Service Organization, Detroit, MI
Nancy M. Schlichting, 2013
Chief Executive Officer, Henry Ford Health System, Detroit, MI
Appointed by the Board of Governors
Timothy M. Manganello, 2011
Chairman and Chief Executive Officer, BorgWarner Inc., Auburn Hills, MI
Lou Anna K. Simon, 2012
President, Michigan State University, East Lansing, MI
Carl T. Camden, 2013
President and Chief Executive Officer, Kelly Services, Inc., Troy, MI
District 8-St. Louis
Class A
J. Thomas May, 2011
Chairman and Chief Executive Officer, Simmons First National Corporation, Pine Bluff, AR
William E. Chappel, 2012
President and Chief Executive Officer, The First National Bank, Vandalia, IL
Robert G. Jones, 2013
President and Chief Executive Officer, Old National Bancorp, Evansville, IN
Class B
Gregory M. Duckett, 2011
Senior Vice President and Corporate Counsel, Baptist Memorial Health Care Corporation, Memphis, TN
Sonja Yates Hubbard, 2012
Chief Executive Officer, E-Z Mart Stores, Inc., Texarkana, TX
Cal McCastlain, 2013
Partner, Dover Dixon Horne PLLC, Little Rock, AR
Class C
Ward M. Klein, 2011
Chief Executive Officer, Energizer Holdings, Inc., St. Louis, MO
Steven H. Lipstein, 2012
President and Chief Executive Officer, BJC HealthCare, St. Louis, MO
Sharon D. Fiehler, 2013
Executive Vice President and Chief Administrative Officer, Peabody Energy, St. Louis, MO
Little Rock Branch
Appointed by the Federal Reserve Bank
Phillip N. Baldwin, 2011 President and Chief Executive Officer, Southern Bancorp, Arkadelphia, AR
Robert A. Young III, 2011 Chairman, Arkansas Best Corporation, Fort Smith, AR
William C. Scholl, 2012 President, First Security Bancorp, Searcy, AR
Michael A. Cook, 2013 Vice President and Assistant Treasurer, Wal-Mart Stores, Inc., Bentonville, AR
Appointed by the Board of Governors
Ray C. Dillon, 2011 President and Chief Executive Officer, Deltic Timber Corporation, El Dorado, AR
C. Sam Walls, 2012 Chief Executive Officer, Arkansas Capital Corporation, Little Rock, AR
Kaleybra Mitchell Morehead, 2013, Vice President for College Affairs/Advancement, Southeast Arkansas College, Pine Bluff, AR
Louisville Branch
Appointed by the Federal Reserve Bank
John C. Schroeder, 2011
President, Wabash Plastics, Inc., Evansville, IN
Kevin Shurn, 2011
President and Owner, Superior Maintenance Co., Elizabethtown, KY
Jon A. Lawson, 2012
President, Chief Executive Officer and Chairman, Bank of Ohio County, Beaver Dam, KY
David P. Heintzman, 2013
Chairman and Chief Executive Officer, Stock Yards Bank & Trust Company, Louisville, KY
Appointed by the Board of Governors
Gerald R. Martin, 2011
Managing Member, River Hill Capital, LLC, Louisville, KY
Barbara Ann Popp, 2012
Chief Executive Officer, Schuler Bauer Real Estate Services, New Albany, IN
Gary A. Ransdell, 2013
President, Western Kentucky University, Bowling Green, KY
Memphis Branch
Appointed by the Federal Reserve Bank
Clyde Warren Nunn, 2011 Chairman and President, Security Bancorp of TN, Inc., Halls, TN
Susan S. Stephenson, 2011 Co-Chairman and President, Independent Bank, Memphis, TN
Allegra C. Brigham, 2012 Interim President, Mississippi University for Women, Columbus, MS
Mark P. Fowler, 2013 Vice Chairman, Liberty Bank of Arkansas, Jonesboro, AR
Appointed by the Board of Governors
Lawrence C. Long, 2011 Partner, St. Rest Planting Co., Indianola, MS
Charlie E. Thomas, III, 2012 Regional Director of External & Legislative Affairs, AT&T Tennessee, Memphis, TN
Charles S. Blatteis, 2013 Managing Member, Blatteis Law Firm, PLLC, Memphis, TN
District 9-Minneapolis
Class A
Michael J. O'Meara, 2011
Chairman, Peoples Bank of Wisconsin, Eau Claire, WI
Richard L. Westra, 2012
President and Chief Executive Officer, Dacotah Bank and Dacotah Banks, Inc., Aberdeen, SD
Julie Causey, 2013
Chairman, Western Bank, St. Paul, MN
Class B
Howard A. Dahl, 2011
President and Chief Executive Officer, AGCO-Amity, AGCO J.V. L.L.C., Fargo, ND
William J. Shorma, 2012
President, Rush Co/Strategic Rail Systems SRS, Springfield, SD
Lawrence R. Simkins, 2013
President, The Washington Corporations, Missoula, MT
Class C
John W. Marvin, 2011
Chairman and Chief Executive Officer, Marvin Windows and Doors, Warroad, MN
Randall J. Hogan, 2012
Chairman and Chief Executive Officer, Pentair, Incorporated, Minneapolis, MN
Mary K. Brainerd, 2013
President and Chief Executive Officer, HealthPartners, Minneapolis, MN
Helena Branch
Appointed by the Federal Reserve Bank
John L. Franklin, 2011
President and Chief Executive Officer, 1st Bank, Sidney, MT
Timothy J. Bartz, 2012
Chairman, Anderson ZurMuehlen & Company, P.C., Helena, MT
Thomas R. Swenson, 2013
President and Chief Executive Officer, Bank of Montana and Bancorp of Montana Holding Company, Missoula, MT
Appointed by the Board of Governors
David B. Solberg, 2011
Owner, Seven Blackfoot Ranch Company, Billings, MT
Joseph F. McDonald, 2012
President Emeritus, Salish Kootenai College, Pablo, MT
District 10-Kansas City
Class A
John A. Ikard, 2011
President and Chief Executive Officer, FirstBank Holding Company, Lakewood, CO
David W. Brownback, 2012
President and Chief Executive Officer, Citizens State Bank & Trust Company, Ellsworth, KS
Max T. Wake, 2013
President, Jones National Bank & Trust Co., Seward, NE
Class B
Richard K. Ratcliffe, 2011
Chairman, Ratcliffe's Inc., Weatherford, OK
John T. Stout, Jr., 2012
Chief Executive Officer, Plaza Belmont Management Group LLC, Shawnee Mission, KS
Mark Gordon, 2013
Owner, Merlin Ranch, Buffalo, WY
Class C
Lu M. Córdova, 2011
Chief Executive Officer, Corlund Industries, LLC.; President and General Manager, Almacen Storage Group, Boulder, CO
Paul DeBruce, 2012
Chief Executive Officer and Founder, DeBruce Grain, Inc., Kansas City, MO
Terry L. Moore, 2013
President, Omaha Federation of Labor, AFL-CIO, Omaha, NE
Denver Branch
Appointed by the Federal Reserve Bank
Bruce K. Alexander, 2011
President and Chief Executive Officer, Vectra Bank Colorado, Denver, CO
Charles H. Brown III, 2012
President, C.H. Brown Co., Wheatland, WY
Anne Haines Yatskowitz, 2012
President and Chief Executive Officer, ACCION New Mexico-Arizona-Colorado, Albuquerque, NM
Mark A. Zaback, 2013
President and Chief Executive Officer, Jonah Bank of Wyoming, Casper, WY
Appointed by the Board of Governors
Larissa L. Herda, 2011
Chair, Chief Executive Officer, and President, tw telecom inc., Littleton, CO
Barbara Mowry, 2012
Chief Executive Officer, GoreCreek Advisors, Greenwood Village, CO
Margaret M. Kelly, 2013
Chief Executive Officer, RE/MAX, LLC, Denver, CO
Oklahoma City Branch
Appointed by the Federal Reserve Bank
K. Vasudevan, 2011
Chairman and Founder, Service & Technology Corporation, Bartlesville, OK
Rose M. Washington, 2012
Executive Director, Tulsa Economic Development Corporation, Tulsa, OK
Jacqueline R. Fiegel, 2013
Senior Executive Vice President and Chief Operating Officer, Coppermark Bank, Oklahoma City, OK
Douglas E. Tippens, 2013
President and Chief Executive Officer, Bank of Commerce, Yukon, OK
Appointed by the Board of Governors
James D. Dunn, 2011
Chair, MillCreek Lumber & Supply Co., Tulsa, OK
Vacancy, 2012
Steven C. Agee, 2013
Dean and Professor of Economics, Meinders School of Business, Oklahoma City University, Oklahoma City, OK
Omaha Branch
Appointed by the Federal Reserve Bank
Mark A. Sutko, 2011
President and Chief Executive Officer, Platte Valley State Bank, Kearney, NE
Todd S. Adams, 2012
Chief Executive Officer, Adams Bank & Trust, Ogallala, NE
James L. Thom, 2012
Vice President, T-L Irrigation Co., Hastings, NE
JoAnn M. Martin, 2013
Chair, President, and Chief Executive Officer, Ameritas Life Insurance Corp., Lincoln, NE
Appointed by the Board of Governors
James C. Farrell, 2011
President and Chief Executive Officer, Farmers National Company, Omaha, NE
G. Richard Russell, 2012
President and Chief Executive Officer, Millard Lumber Inc., Omaha, NE
Natalia J. Peart, 2013
Chief Executive Officer, Women's Center for Advancement, Omaha, NE
District 11-Dallas
Class A
George F. Jones, Jr.,
2011 Chief Executive Officer, Texas Capital Bank, Dallas, TX
Pete Cook, 2012
Chief Executive Officer, First National Bank in Alamogordo, Alamogordo, NM
Joe Kim King, 2013
Chief Executive Officer and Chairman of the Board, Texas Country Bancshares, Inc., Brady, TX
Class B
James B. Bexley, 2011
Professor, Finance, Sam Houston State University, Huntsville, TX
Margaret H. Jordan, 2012
President and Chief Executive Officer, Dallas Medical Resource, Dallas, TX
Elton M. Hyder, 2013
President, The EMH Corporation, Fort Worth, TX
Class C
Renu Khator, 2011
Chancellor/President, University of Houston, Houston, TX
Myron E. Ullman III, 2012
Executive Chairman, J.C. Penney Company, Inc., Plano, TX
Herbert D. Kelleher, 2013
Founder and Chairman Emeritus, Southwest Airlines, Dallas, TX
El Paso Branch
Appointed by the Federal Reserve Bank
Laura M. Conniff, 2011 Qualifying Broker, Mathers Realty, Inc., Las Cruces, NM
Martha I. Dickason, 2011 President, dmDickason Personnel Services, El Paso, TX
Robert Nachtmann, 2012 Dean and Professor of Finance, University of Texas at El Paso, El Paso, TX
Larry L. Patton, 2013 President and Chief Executive Officer, Bank of the West, El Paso, TX
Appointed by the Board of Governors
Robert E. McKnight, Jr., 2011 Owner, McKnight Ranch Company, Fort Davis, TX
D. Kirk Edwards, 2012 President, MacLondon Royalty Company, Odessa, TX
Cindy J. Ramos-Davidson, 2013 President and Chief Executive Officer, El Paso Hispanic Chamber of Commerce, El Paso, TX
Houston Branch
Appointed by the Federal Reserve Bank
Kirk S. Hachigian, 2011
Chairman and Chief Executive Officer, Cooper Industries, Ltd., Houston, TX
Ann B. Stern, 2011
Executive Vice President, Texas Children's Hospital, Houston, TX
Paul B. Murphy, Jr., 2012
President and Chief Executive Officer, Cadence Bank, Houston, TX
Gerald B. Smith, 2013
Chairman and Chief Executive Officer, Smith, Graham & Company Investment Advisors, L.P., Houston, TX
Appointed by the Board of Governors
Paul W. Hobby, 2011
Chairman and Managing Partner, Genesis Park, LP, Houston, TX
Jorge A. Bermudez, 2012
President and Chief Executive Officer, Byebrook Group, College Station, TX
Greg L. Armstrong, 2013
Chairman and Chief Executive Officer, Plains All American Pipeline, L.P., Houston, TX
San Antonio Branch
Appointed by the Federal Reserve Bank
Ygnacio D. Garza, 2011
CPA, Long Chilton LLP, Brownsville, TX
Guillermo F. Trevino, 2011 President, Southern Distributing, Laredo, TX
Thomas E. Dobson, 2012
Chairman and Chief Executive Officer, Whataburger Restaurants, LP, San Antonio, TX
Josue Robles, 2013
President and Chief Executive Officer, USAA, San Antonio, TX
Appointed by the Board of Governors
Steven R. Vandegrift, 2011
Founder and President, SRV Holdings, Austin, TX
Catherine M. Burzik, 2012
President and Chief Executive Officer, Kinetic Concepts, Inc., San Antonio, TX
Curtis V. Anastasio, 2013
President and Chief Executive Officer, NuStar Energy L.P., San Antonio, TX
District 12-San Francisco
Class A
Dann H. Bowman, 2011
President and Chief Executive Officer, Chino Commercial Bank, N.A., Chino, CA
Kenneth P. Wilcox, 2012
Chairman, Silicon Valley Bank, Santa Clara, CA
Betsy Lawer, 2013
Vice Chair, First National Bank Alaska, Anchorage, AK
Class B
Karla S. Chambers, 2011
Vice President and Co-Owner, Stahlbush Island Farms, Inc., Corvallis, OR
Blake W. Nordstrom, 2012
President, Nordstrom, Inc., Seattle, WA
Nicole C. Taylor, 2013
President and Chief Executive Officer, East Bay Community Foundation, Oakland, CA
Class C
Douglas W. Shorenstein, 2011
Chairman and Chief Executive Officer, Shorenstein Properties LLC, San Francisco, CA
William D. Jones, 2012
President and Chief Executive Officer, City Scene Management Company, San Diego, CA
Patricia E. Yarrington, 2013
Vice President and Chief Financial Officer, Chevron Corporation, San Ramon, CA
Los Angeles Branch
Appointed by the Federal Reserve Bank
Keith E. Smith, 2011
President and Chief Executive Officer, Boyd Gaming Corporation, Las Vegas, NV
John C. Molina, 2012
Chief Financial Officer, Molina Healthcare, Inc., Long Beach, CA
Joseph C. Berenato, 2012
Chairman of the Board, Ducommun Incorporated, Carson, CA
David I. Rainer, 2013
Chairman, President, and Chief Executive Officer, California United Bank, Encino, CA
Appointed by the Board of Governors
Ann E. Sewill, 2011
President, Community Foundation Land Trust, California Community Foundation, Los Angeles, CA
Andrew J. Sale, 2012
Partner, Retail, Consumer Products and Media & Entertainment Leader-West Region, Ernst & Young LLP, Los Angeles, CA
Grace Evans Cherashore, 2013 President and Chief Executive Officer, Evans Hotels, San Diego, CA
Portland Branch
Appointed by the Federal Reserve Bank
Robert C. Hale, 2011
Chief Executive Officer, Hale Companies, Hermiston, OR
Peggy Y. Fowler, 2011
Retired Chief Executive Officer and President, Portland General Electric, Portland, OR
Megan F. Clubb, 2012
President and Chief Executive Officer, Baker Boyer National Bank, Walla Walla, WA
Roger W. Hinshaw, 2013
President, Oregon and SW Washington, Bank of America Oregon, N.A., Portland, OR
Appointed by the Board of Governors
Roderick C. Wendt, 2011
Chief Executive Officer, JELD-WEN, inc., Klamath Falls, OR
David Y. Chen, 2012
Chief Executive Officer, Equilibrium Capital Group LLC, Portland, OR
Joseph E. Robertson, Jr., M.D., 2013
President, Oregon Health & Science University, Portland, OR
Salt Lake City Branch
Appointed by the Federal Reserve Bank
Damon G. Miller, 2011
Utah Market President, U.S. Bank, Salt Lake City, UT
Robert A. Hatch, 2011 President, Regence BlueCross BlueShield of Utah, Salt Lake City, UT
Carol Carter, 2012
President and Chief Executive Officer, Industrial Compressor Products, Inc., Park City, UT
Albert T. Wada, 2013
Chairman and Chief Executive Officer, Wada Farms, Inc., Pingree, ID
Appointed by the Board of Governors
Clark D. Ivory, 2011
Chief Executive Officer, Ivory Homes, Ltd., Salt Lake City, UT
Bradley J. Wiskirchen, 2012 Chief Executive Officer, Keynetics, Inc., Boise, ID
Scott L. Hymas, 2013
Chief Executive Officer, RC Willey, Salt Lake City, UT
Seattle Branch
Appointed by the Federal Reserve Bank
Scott L. Morris, 2011
Chairman, President, and Chief Executive Officer, Avista Corporation, Spokane, WA
Patrick G. Yalung, 2011
Regional President, Washington, Wells Fargo Bank, N.A., Seattle, WA
Henry L. (Skip) Kotkins, Jr., 2012
Chairman and Chief Executive Officer, Skyway Luggage Company, Seattle, WA
Richard Galanti, 2013
Executive Vice President and Chief Financial Officer, Costco Wholesale Corporation, Issaquah, WA
Appointed by the Board of Governors
Ada M. Healey, 2011
Vice President, Real Estate, Vulcan Inc., Seattle, WA
Mary O. McWilliams, 2012
Executive Director, Puget Sound Health Alliance, Seattle, WA
Vacancy, 2013
Reserve Bank and Branch Officers
As mentioned, each Federal Reserve Bank and its branches has a board of directors. The officers of each Bank and Branch are drawn from this pool of directors. Specifically, two directors of each Reserve Bank are designated by the Board of Governors as chair 1 and deputy chair, respectively, of their nine-member board. Each Reserve Bank also has a president and first vice president, who are appointed by the board of directors of the Bank, subject to approval by the Board of Governors. Additionally, each District Branch also has a chair, who is selected from among those Branch directors appointed by the Board of Governors.
Boston
Henri A. Termeer, Chair
Kirk A. Sykes, Deputy Chair
Eric S. Rosengren, President
Kenneth C. Montgomery, First Vice President
Cleveland
Alfred M. Rankin, Jr., Chair
Richard K. Smucker, Deputy Chair
Sandra Pianalto, President
Gregory Stefani, First Vice President
Cincinnati
James M. Anderson, Chair
LaVaughn M. Henry, Senior Regional Officer
Pittsburgh
Sunil T. Wadhwani, Chair
Robert B. Schaub, Senior Regional Officer
Richmond
Margaret E. McDermid, Chair
Linda D. Rabbitt, Deputy Chair
Jeffrey M. Lacker, President
Sarah G. Green, First Vice President
Baltimore
Ronald Blackwell, Chair
David E. Beck, Officer in Charge
Charlotte
Claude C. Lilly, Chair
Matthew A. Martin, Officer in Charge
Atlanta
Carol B. Tomé, Chair
Thomas I. Barkin, Deputy Chair
Dennis P. Lockhart, President
Marie C. Gooding, First Vice President
Birmingham
Thomas R. Stanton, Chair
Lesley McClure, Vice President and Regional Executive
Jacksonville
Lynda L. Weatherman, Chair Christopher L. Oakley, Vice President and Regional Executive
Miami
W. Cody Estes Sr., Chair
Juan del Busto, Vice President and Regional Executive
Nashville
Richard Q. Ford, Chair
Lee C. Jones, Vice President and Regional Executive
New Orleans
Robert S. Boh, Chair
Robert J. Musso, Senior Vice President and Regional Executive
Chicago
William C. Foote, Chair
Vacancy, Deputy Chair
Charles L. Evans, President
Gordon Werkema, First Vice President
Additional office at Des Moines, IA, and at Midway at Bedford Park, IL.
Detroit
Timothy M. Manganello, Chair
Robert Wiley, Officer in Charge
St. Louis
Steven H. Lipstein, Chair
Ward M. Klein, Deputy Chair
James Bullard, President
David A. Sapenaro, First Vice President
Little Rock
Kaleybra Mitchell Morehead, Chair
Robert A. Hopkins, Officer in Charge
Louisville
Gary A. Ransdell, Chair
Maria Gerwing Hampton, Officer in Charge
Memphis
Lawrence C. Long, Chair
Martha Perine Beard, Officer in Charge
Kansas City
Paul DeBruce, Chair
Lu M. Córdova, Deputy Chair
Esther L. George, President
Vacancy, First Vice President
Denver
Barbara Mowry, Chair
Mark C. Snead, Officer in Charge
Oklahoma City
Steven C. Agee, Chair
Chad R. Wilkerson, Officer in Charge
Omaha
James C. Farrell, Chair
Jason R. Henderson, Officer in Charge
Dallas
Herbert D. Kelleher, Chair
Myron E. Ullman III, Deputy Chair
Richard W. Fisher, President
Helen E. Holcomb, First Vice President
El Paso
D. Kirk Edwards, Chair
Robert W. Gilmer, Officer in Charge
Houston
Paul W. Hobby, Chair
Daron D. Peschel, Officer in Charge
San Antonio
Steven R. Vandegrift, Chair
Blake Hastings, Officer in Charge
San Francisco
Douglas W. Shorenstein, Chair
Patricia E. Yarrington, Deputy Chair
John C. Williams, President
John F. Moore, First Vice President
Additional office at Phoenix, AZ.
Los Angeles
Grace Evans Cherashore, Chair
Mark L. Mullinix, Officer in Charge
Portland
David Y. Chen, Chair
Steven H. Walker, Officer in Charge
Salt Lake City
Scott L. Hymas, Chair
Robin A. Rockwood, Officer in Charge
Seattle
Mary O. McWilliams, Chair
Mark A. Gould, Officer in Charge
Officer Conferences
A number of the officers of each Bank also serve on councils that examine issues of importance to their districts.
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 24 and 25 and November 15 and 16, 2011. The conference's executive committee members for 2011 and 2012 are listed below.
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. Conference officers for 2011 are listed below.
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 2011 are listed below.2
Conference of First Vice Presidents-2011
Sally Green, Chair, Federal Reserve Bank of Richmond
Esther L. George, 3 Vice Chair, Federal Reserve Bank of Kansas City
Anne C. Gossweiler, Secretary, Federal Reserve Bank of Richmond
W. Todd Mackey, 4 Assistant Secretary, Federal Reserve Bank of Kansas City
References
1. The chair of a Federal Reserve Bank serves, by statute, as Federal Reserve agent. Return to text
2. On December 1, 2011, the conference elected Blake Prichard, Federal Reserve Bank of Philadelphia, as chair for 2012-13, and Kenneth Montgomery, Federal Reserve Bank of Boston, as vice chair. The conference also elected Thomas Lombardo, Federal Reserve Bank of Philadelphia, as secretary, and Jeanne MacNevin, Federal Reserve Bank of Boston, as assistant secretary. Return to text
3. Ms. George became president and chief executive officer of the Federal Reserve Bank of Kansas City on October 1, 2011. The conference elected Blake Prichard as vice chair on November 4, 2011. Return to text
4. The conference elected Thomas Lombardo as assistant secretary on November 4, 2011. Return to text
