Annual Report 2012
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. 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
Elizabeth A. Duke
Daniel K. Tarullo
Sarah Bloom Raskin
Jeremy C. Stein
Jerome H. Powell
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
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
Jon W. Faust
Special Advisor to the Board
Adrienne D. Hurt
Adviser
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
Alison M. Thro
Assistant General Counsel
Cary K. Williams
Assistant General Counsel
Office of the Secretary
Robert deV. Frierson
Secretary
Margaret M. Shanks
Deputy Secretary
Michael J. Lewandowski
Assistant Secretary
Division of International Finance
Steven B. Kamin
Director
Thomas A. Connors
Deputy Director
Michael P. Leahy
Deputy Director
Trevor A. Reeve
Senior Associate Director
Ralph W. Tryon
Associate Director
Christopher J. Erceg
Associate Director
David H. Bowman
Deputy Associate Director
Charles P. Thomas
Deputy Associate Director
Beth Anne Wilson
Deputy Associate Director
Shaghil Ahmed
Assistant Director
Joseph W. Gruber
Assistant Director
Mark S. Carey
Senior Adviser
Jane Haltmaier
Senior Adviser
John H. Rogers
Senior Adviser
Sally M. Davies
Senior Adviser
Brian M. Doyle
Adviser
Office of Financial Stability Policy and Research
J. Nellie Liang
Director
Andreas W. Lehnert
Deputy Director
Michael T. Kiley
Associate Director
Seth F. Wheeler
Chief of Staff
Rochelle M. Edge
Assistant Director
Division of Monetary Affairs
William B. English
Director
James A. Clouse
Deputy Director
Deborah J. Danker
Deputy Director
Stephen A. Meyer
Deputy Director
William Nelson
Deputy Director
Seth B. Carpenter
Senior Associate Director
Fabio M. Natalucci
Associate Director
Gretchen C. Weinbach
Associate Director
Egon Zakrajsek
Associate Director
William F. Bassett
Deputy Associate Director
Margaret G. DeBoer
Deputy Associate Director
Jane E. Ihrig
Deputy Associate Director
J. David Lopez-Salido
Deputy Associate Director
Thomas B. King
Assistant Director
Matthew M. Luecke
Assistant Director
Edward M. Nelson
Assistant Director
Min Wei
Assistant Director
Ellen E. Meade
Senior Adviser
Joyce K. Zickler
Senior Adviser
Mary T. Hoffman
Adviser
Division of Research and Statistics
David W. Wilcox
Director
Matthew J. Eichner
Deputy Director
David L. Reifschneider
Deputy Director
Janice Shack-Marquez
Deputy Director
William L. Wascher III
Deputy Director
Daniel M. Covitz
Associate Director
Michael S. Cringoli
Associate Director
Eric M. Engen
Associate Director
Heinrich T. Laubach
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 H. Gallin
Deputy Associate Director
Diana Hancock
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
Glenn B. Canner
Senior Adviser
Robin A. Prager
Senior Adviser
Jeremy Rudd
Adviser
Division of Banking Supervision and Regulation
Michael S. Gibson
Director
Maryann F. Hunter
Deputy Director
Barbara J. Bouchard
Senior Associate Director
Timothy P. Clark
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. Van Der Weide
Senior Associate Director
Todd A. Vermilyea
Senior Associate Director
Kevin M. Bertsch
Associate Director
Nida Davis
Associate Director
Gerald A. Edwards Jr.
Associate Director
David S. Jones
Associate Director
Michael D. Solomon
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. Hsu
Assistant Director
Michael J. Kraemer
Assistant Director
Robert T. Maahs
Assistant Director
Steven P. Merriett
Assistant Director
Thomas K. Odegard
Assistant Director
Nancy J. Perkins
Assistant Director
Tameika L. Pope
Assistant Director
Laurie F. Priest
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
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
Suzanne G. Killian
Senior Associate Director
Allen J. Fishbein
Associate Director
James A. Michaels
Associate Director
Joseph A. Firschein
Deputy Associate Director
David E. Buchholz
Assistant Director
Carol A. Evans
Assistant Director
Phyllis L. Harwell
Assistant Director
Marisa A. Reid
Assistant Director
Division of Reserve Bank Operations and Payment Systems
Louise L. Roseman
Director
Jeffrey C. Marquardt
Deputy Director
Susan V. Foley
Senior Associate Director
Jeff J. Stehm
Senior Associate Director
Kenneth D. Buckley
Associate Director
Dorothy B. LaChapelle
Associate Director
Gregory L. Evans
Deputy Associate Director
Lisa K. Hoskins
Deputy Associate Director
Michael J. Lambert
Deputy Associate Director
Jennifer A. Lucier
Deputy Associate Director
Stuart E. Sperry
Deputy Associate Director
Timothy W. Maas
Assistant Director
Jeffrey D. Walker
Assistant Director
Paul W. Bettge
Senior Adviser
Michael J. Stan
Advisor
Office of the Chief Operating Officer
Donald V. Hammond
Chief Operating Officer
Sheila Clark
Diversity and Inclusion Programs Director
Financial Management
William L. Mitchell
Director and Chief Financial Officer
Christine M. Fields
Associate Director
James R. Riesz
Associate Director
Jeffrey R. Peirce
Assistant Director
Karen L. Vassallo
Assistant Director
Management Division
Michell C. Clark
Director
David J. Capp
Deputy Director
David J. Harmon
Associate Director
Marie S. Savoy
Associate Director
Tara Tinsley-Pelitere
Associate Director
Keith F. Bates
Assistant Director
Curtis B. Eldridge
Assistant Director and Chief
Reginald V. Roach
Assistant Director
Theresa A. Trimble
Assistant Director
Todd A. Glissman
Senior Adviser
Carol A. Sanders
Special Adviser
Christopher J. Suma
Special Adviser
Division of Information Technology
Sharon L. Mowry
Director
Geary L. Cunningham
Deputy Director
Wayne A. Edmondson
Deputy Director
Raymond Romero
Associate Director
Kofi A. Sapong
Associate Director
Lisa M. Bell
Deputy Associate Director
William Dennison
Deputy Associate Director
Glenn S. Eskow
Deputy Associate Director
Marietta Murphy
Deputy Associate Director
Kassandra Arana Quimby
Deputy Associate Director
Sheryl Lynn Warren
Deputy Associate Director
Rajasekhar R. Yelisetty
Deputy Associate Director
Theresa C. Palva
Assistant Director
Virginia M. Wall
Assistant Director
Edgar Wang
Assistant Director
Charles B. Young II
Assistant Director
Tillena G. Clark
Adviser
Can Xuan Nguyen
Adviser
Office of Inspector General
Mark Bialek
Inspector General
James A. Ogden
Deputy Inspector General
Jacqueline M. Becker
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 2012, the Federal Open Market Committee held eight regularly scheduled meetings (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 Duke
Member, Board of Governors
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
Jerome H. Powell
Member, Board of Governors
Sarah Bloom Raskin
Member, Board of Governors
Jeremy C. Stein
Member, Board of Governors
Daniel K. Tarullo
Member, Board of Governors
John C. Williams
President, Federal Reserve Bank of San Francisco
Janet L. Yellen
Member, Board of Governors
Alternate Members
James Bullard
President, Federal Reserve Bank of St. Louis
Christine M. Cumming
First Vice President, Federal Reserve Bank of New York
Charles L. Evans
President, Federal Reserve Bank of Chicago
Esther L. George
President, Federal Reserve Bank of Kansas City
Eric Rosengren
President, Federal Reserve Bank of Boston
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
David W. Wilcox
Economist
David Altig
Associate Economist
Thomas A. Connors
Associate Economist
Michael P. Leahy
Associate Economist
James J. McAndrews
Associate Economist
William Nelson
Associate Economist
David Reifschneider
Associate Economist
Glenn D. Rudebusch
Associate Economist
Mark S. Sniderman
Associate Economist
William Wascher
Associate Economist
John A. Weinberg
Associate Economist
Simon Potter
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 2012, it met on February 2-3, May 10-11, September 13-14, and December 13-14. The council met with the Board on February 3, May 11, September 14, and December 14, 2012.
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 (resigned October 16, 2012)
James P. Gorman
Chairman and Chief Executive Officer, Morgan Stanley, 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
D. 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
J. Michael Shepherd
Chairman and Chief Executive Officer, Bank of the West and BancWest Corporation, San Francisco, CA
Officers
Richard K. Davis
President
D. Bryan Jordan
Vice President
James E. Annable
Secretary
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, Hometown Bank, Kent, OH
Peter G. Humphrey
President and Chief Executive Officer, Five Star Bank and Financial Institutions, Inc., Warsaw, NY (resigned August 2012)
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
Drake Mills
President and Chief Executive Officer, Community Trust Bank, Ruston, LA
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
Michael J. Castellana
President and Chief Executive Officer, SEFCU, Albany, NY
Dennis D. Cirucci
President and Chief Executive Officer, Alliance Bank, Broomall, PA
John V. Evans, Jr. Chief Executive Officer, D.L. Evans Bank, Burley, ID
Timothy G. Marshall
President and Chief Executive Officer, Bank of Ann Arbor, Ann Arbor, MI
Officer
Howard T. Boyle
President
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
Francis X. Diebold, Chair
Professor, University of Pennsylvania
Peter Christoffersen
Professor, University of Toronto
Mark Flannery
Professor, University of Florida
Philippe Jorion
Professor, University of California at Irvine
Chester Spatt
Professor, Carnegie Mellon University
Allan Timmermann
Professor, University of California at San Diego
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/aboutthefed/directors/about.htm.
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
Peter L. Judkins, 2012
President and Chief Executive Officer, Franklin Savings Bank, Farmington, ME
Richard E. Holbrook, 2013
Chairman and Chief Executive Officer, Eastern Bank, Boston, MA
Kathryn G. Underwood, 2014
President and Chief Executive Officer, Ledyard National Bank, Hanover, NH
Class B
Roger S. Berkowitz, 2012
President and Chief Executive Officer, Legal Sea Foods, LLC, Boston, MA
John F. Fish, 2013
Chief Executive Officer, Suffolk Construction Company, Inc., Boston, MA
Gary L. Gottlieb, 2014
President and Chief Executive Officer, Partners HealthCare System, Inc., Boston, MA
Class C
Catherine D'Amato, 2012
President and Chief Executive Officer, The Greater Boston Food Bank, Boston, MA
Kirk A. Sykes, 2013
President, New Boston's Urban Strategy America Fund, Boston, MA
William D. Nordhaus, 2014
Sterling Professor of Economics, Yale University, New Haven, CT
District 2-New York
Class A
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
Paul P. Mello, 2014
President and Chief Executive Officer, Solvay Bank, Solvay, NY
Class B
Glenn H. Hutchins, 2012
Co-Founder and Managing Director, Silver Lake, New York, NY
Alphonso O'Neil-White, 2013
President and Chief Executive Officer, HealthNow New York Inc., Buffalo, NY
Terry J. Lundgren, 2014
Chairman, President, and Chief Executive Officer, Macy's, Inc., New York, NY
Class C
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
Emily K. Rafferty, 2014
President, The Metropolitan Museum of Art, New York, NY
District 3-Philadelphia
Class A
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
Frederick C. Peters, 2014
Chairman and Chief Executive Officer, Bryn Mawr Trust Company, Bryn Mawr, PA
Class B
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
Patrick Harker, 2014
President, University of Delaware, Newark, DE
Class C
James E. Nevels, 2012
Chairman, The Swarthmore Group, Philadelphia, PA
Jeremy Nowak, 2013
Former President/Former Chief Executive Officer, William Penn Foundation/The Reinvestment Fund, Philadelphia, PA
Michael Angelakis, 2014
Vice Chair and Chief Financial Officer, Comcast Corporation, Philadelphia, PA
District 4-Cleveland
Class A
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 Corporation, Akron, OH
Todd A. Mason, 2014
President and Chief Executive Officer, First National Bank of Pandora, Pandora, OH
Class B
Susan Tomasky, 2012
Retired President, AEP Transmission, Columbus, OH
Harold Keller, 2013
President, Ohio Capital Corporation for Housing, Columbus, OH
Tilmon F. Brown, 2014
President and Chief Executive Officer, New Horizons Baking Company, Norwalk, OH
Class C
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
Alfred M. Rankin, Jr., 2014
Chairman, President, and Chief Executive Officer, NACCO Industries, Inc., Cleveland, OH
Cincinnati Branch
Appointed by the Federal Reserve Bank
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
Gregory B. Kenny, 2014
President and Chief Executive Officer, General Cable Corporation, Highland Heights, KY
Amos L. Otis, 2014
Founder, President, and Chief Executive Officer, SoBran, Inc., Dayton, OH
Appointed by the Board of Governors
Daniel B. Cunningham, 2012
President and Chief Executive Officer, The Long-Stanton Group, Cincinnati, OH
Peter S. Strange, 2013
Chairman, Messer, Inc., Cincinnati, OH
Susan Croushore, 2014
President and Chief Executive Officer, The Christ Hospital, Cincinnati, OH
Pittsburgh Branch
Appointed by the Federal Reserve Bank
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
Dawne S. Hickton, 2014
Vice Chair, President, and Chief Executive Officer, RTI International Metals, Inc., Pittsburgh, PA
Petra Mitchell, 2014 President, Catalyst Connection, Pittsburgh, PA
Appointed by the Board of Governors
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
Charles L. Hammel III, 2014 President, PITT OHIO, Pittsburgh, PA
District 5-Richmond
Class A
Richard J. Morgan, 2012
Regional President, Sandy Spring Bank, Annapolis, MD
Alan L. Brill, 2013
President and Chief Executive Officer, Capon Valley Bank, Wardensville, WV
Edward L. Willingham IV, 2014
President, First Citizens BancShares, Inc., and First Citizens Bank, Raleigh, NC
Class B
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
Marshall O. Larsen, 2014
Retired Chairman, President, and Chief Executive Officer, Goodrich Corporation, Charlotte, NC
Class C
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
Linda D. Rabbitt, 2014
Chairman and Chief Executive Officer, Rand Construction Corporation, Washington, DC
Baltimore Branch
Appointed by the Federal Reserve Bank
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 Corporation, Oakland, MD
Jana Wheatley, 2014
President, Warwick Enterprises, Inc., East New Market, MD
Appointed by the Board of Governors
Stephen R. Sleigh, 2012
Fund Director, IAM National Pension Fund, Washington, DC
Samuel L. Ross, 2013
Chief Executive Officer, Bon Secours Baltimore Health System, Baltimore, MD
Jenny G. Morgan, 2014
President and Chief Executive Officer, basys, inc., Linthicum, MD
Charlotte Branch
Appointed by the Federal Reserve Bank
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
Christopher J. Estes, 2014
President and Chief Executive Officer, National Housing Conference, Washington, DC
Appointed by the Board of Governors
David J. Zimmerman, 2012
President, Southern Shows, Inc., Charlotte, NC
Vacancy, 2013
Claude Z. Demby, 2014
Chief Executive Officer, Noël Group, LLC, Zebulon, NC
District 6-Atlanta
Class A
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
William H. Rogers, Jr., 2014
Chairman and Chief Executive Officer, SunTrust Banks, Inc., Atlanta, GA
Class B
Clarence Otis, Jr., 2012
Chairman and Chief Executive Officer, Darden Restaurants, Inc., Orlando, FL
José S. Suquet, 2013
Chairman, President, and Chief Executive Officer, Pan-American Life Insurance Group, New Orleans, LA
Renée Lewis Glover, 2014
President and Chief Executive Officer, Atlanta Housing Authority, Atlanta, GA
Class C
Thomas A. Fanning, 2012
Chairman, President, and Chief Executive Officer, Southern Company, Atlanta, GA
Carol B. Tomé, 2013
Chief Financial Officer and Executive Vice President, The Home Depot, Atlanta, GA
Thomas I. Barkin, 2014
Director, McKinsey & Company, Atlanta, GA
Birmingham Branch
Appointed by the Federal Reserve Bank
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
Macke B. Mauldin, 2014
President, Bank Independent, Sheffield, AL
Appointed by the Board of Governors
F. Michael Reilly, 2012
Chairman and Chief Executive Officer, Randall-Reilly Publishing Company, Tuscaloosa, AL
Howard Leroy Nicholson, 2013
Former Director, Alabama AFL-CIO LIFT, Montgomery, AL
Thomas R. Stanton, 2014
Chairman and Chief Executive Officer, ADTRAN, Inc., Huntsville, AL
Jacksonville Branch
Appointed by the Federal Reserve Bank
Oscar J. Horton, 2012
President and Chief Executive Officer, 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
Hugh F. Dailey, 2014
President and Chief Executive Officer, Community Bank & Trust of Florida, Ocala, FL
Appointed by the Board of Governors
Leerie T. Jenkins, Jr., 2012
Chairman, Reynolds, Smith and Hills, Inc., Jacksonville, FL
Michael J. Grebe, 2013
Chairman and Chief Executive Officer, Interline Brands, Inc., Jacksonville, FL
Lynda L. Weatherman, 2014
President and Chief Executive Officer, Economic Development Commission of Florida's Space Coast, Rockledge, FL
Miami Branch
Appointed by the Federal Reserve Bank
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
Carol C. Lang, 2014
President, HealthLink Enterprises, Inc., Miami Beach, FL
Facundo L. Bacardi, 2014
Chairman, Barcardi, Limited, Coral Gables, FL
Appointed by the Board of Governors
Eduardo J. Padrón, 2012
President, Miami Dade College, Miami, FL
Michael J. Jackson, 2013
Chairman and Chief Executive Officer, AutoNation, Inc., Fort Lauderdale, FL
Thomas W. Hurley, 2014
Chairman and Chief Executive Officer, Becker Holding Corporation, Vero Beach, FL
Nashville Branch
Appointed by the Federal Reserve Bank
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
Dan W. Hogan, 2014
Chief Operating Officer, CapStar Bank, Nashville, TN
Appointed by the Board of Governors
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
Scott McWilliams, 2014
Executive Chairman, OHL, Brentwood, TN
New Orleans Branch
Appointed by the Federal Reserve Bank
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 Corporation, Jackson, MS
Carl J. Chaney, 2014
President and Chief Executive Officer, Hancock Bank and Hancock Holding Company, Gulfport, MS
Appointed by the Board of Governors
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
T. Lee Robinson, Jr., 2014
President, OHC, Inc., Mobile, AL
District 7-Chicago
Class A
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
Frederick H. Waddell, 2014
Chairman and Chief Executive Officer, Northern Trust Corporation and The Northern Trust Company, Chicago, IL
Class B
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
Nelda J. Connors, 2014
Chairwoman and Chief Executive Officer, Pine Grove Holdings, LLC, Chicago, IL
Class C
William C. Foote, 2012
Retired Chairman, USG Corporation, Chicago, IL
Vacancy, 2013
Jeffrey A. Joerres, 2014
Chairman and Chief Executive Officer, ManpowerGroup, Milwaukee, WI
Detroit Branch
Appointed by the Federal Reserve Bank
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
Brian C. Walker, 2014
President and Chief Executive Officer, Herman Miller, Inc., Zeeland, MI
Fernando Ruiz, 2014
Corporate Vice President and Treasurer, The Dow Chemical Company, Midland, MI
Appointed by the Board of Governors
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
Michael E. Bannister, 2014
Chairman and Chief Executive Officer, Ford Motor Credit Company, Dearborn, MI
District 8-St. Louis
Class A
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
Susan S. Stephenson, 2014
Co-Chairman and President, Independent Bank, Memphis, TN
Class B
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
Gregory M. Duckett, 2014
Senior Vice President and Corporate Counsel, Baptist Memorial Health Care Corporation, Memphis, TN
Class C
George Paz, 2012
Chairman, President, and Chief Executive Officer, Express Scripts, St. Louis, MO
Sharon D. Fiehler, 2013
Executive Vice President and Chief Administrative Officer, Peabody Energy, St. Louis, MO
Ward M. Klein, 2014
Chief Executive Officer, Energizer Holdings, Inc., St. Louis, MO
Little Rock Branch
Appointed by the Federal Reserve Bank
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
Mark D. Ross, 2014
Vice Chairman and Chief Operating Officer, Bank of the Ozarks, Little Rock, AR
Mary Ann Greenwood, 2014
President and Investment Advisor, Greenwood Gearhart Inc., Fayetteville, AR
Appointed by the Board of Governors
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
Ray C. Dillon, 2014
President and Chief Executive Officer, Deltic Timber Corporation, El Dorado, AR
Louisville Branch
Appointed by the Federal Reserve Bank
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
Kevin Shurn, 2014
President and Owner, Superior Maintenance Co., Elizabethtown, KY
Malcolm Bryant, 2014
President, The Malcolm Bryant Corporation, Owensboro, KY
Appointed by the Board of Governors
Barbara Ann Popp, 2012
President, Schuler Bauer Real Estate Services, New Albany, IN
Gary A. Ransdell, 2013
President, Western Kentucky University, Bowling Green, KY
Gerald R. Martin, 2014
Managing Member, River Hill Capital, LLC, Louisville, KY
Memphis Branch
Appointed by the Federal Reserve Bank
Allegra C. Brigham, 2012
MUW Foundation President and Vice President for University Relations and Advancement, Mississippi University for Women, Columbus, MS
Mark P. Fowler, 2013
Vice Chairman, Liberty Bank of Arkansas, Jonesboro, AR
Clyde Warren Nunn, 2014
Chairman and President, Security Bancorp of Tennessee, Inc., Halls, TN
R. Molitor Ford, Jr., 2014 Vice Chairman and Chief Executive Officer, Commercial Bank and Trust Company, Memphis, TN
Appointed by the Board of Governors
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
Lawrence C. Long, 2014
Partner, St. Rest Planting Co., Indianola, MS
District 9-Minneapolis
Class A
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
Kenneth A. Palmer, 2014
Chairman, President, and Chief Executive Officer, Range Financial Corporation & Range Bank, NA, Negaunee, MI
Class B
William J. Shorma, 2012
President and Chief Executive Officer, Rush-Co/Strategic Rail Systems SRS, Springfield, SD
Lawrence R. Simkins, 2013
President and Chief Executive Officer, The Washington Corporations, Missoula, MT
Howard A. Dahl, 2014
President and Chief Executive Officer, Amity Technology LLC, Fargo, ND
Class C
Randall J. Hogan, 2012
Chairman and Chief Executive Officer, Pentair, Inc., Minneapolis, MN
Mary K. Brainerd, 2013
President and Chief Executive Officer, HealthPartners, Minneapolis, MN
MayKao Y. Hang, 2014
President and Chief Executive Officer, Amherst H. Wilder Foundation, St. Paul, MN
Helena Branch
Appointed by the Federal Reserve Bank
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
Duana Kurokawa, 2014
President, Western Bank of Wolf Point, Wolf Point, MT
Appointed by the Board of Governors
Joseph F. McDonald, 2012
President Emeritus, Salish Kootenai College, Pablo, MT
David B. Solberg, 2014
Owner, Seven Blackfoot Ranch Company, Billings, MT
District 10-Kansas City
Class A
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
John A. Ikard, 2014
President and Chief Executive Officer, FirstBank Holding Company, Lakewood, CO
Class B
John T. Stout, Jr., 2012
Chief Executive Officer, Plaza Belmont Management Group LLC, Shawnee Mission, KS
Vacancy, 2013
Richard K. Ratcliffe, 2014
Chairman, Ratcliffe's Inc., Weatherford, OK
Class C
Paul DeBruce, 2012
Chief Executive Officer and Founder/Executive Vice President, DeBruce Grain, Inc./Gavilon, LLC, Kansas City, MO
Terry L. Moore, 2013
President, Omaha Federation of Labor, AFL-CIO, Omaha, NE
Barbara Mowry, 2014
Chief Executive Officer, GoreCreek Advisors, Greenwood Village, CO
Denver Branch
Appointed by the Federal Reserve Bank
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
Brian R. Wilkinson, 2014 President, Steele Street Bank & Trust, Denver, CO
Appointed by the Board of Governors
Richard L. Lewis, 2012 President and Chief Executive Officer, RTL Networks Inc., Denver, CO
Margaret M. Kelly, 2013
Chief Executive Officer, RE/MAX, LLC, Denver, CO
Larissa L. Herda, 2014
Chair, Chief Executive Officer, and President, tw telecom inc., Littleton, CO
Oklahoma City Branch
Appointed by the Federal Reserve Bank
Rose M. Washington, 2012
Executive Director, Tulsa Economic Development Corporation, Tulsa, OK
Vacancy, 2013
Douglas E. Tippens, 2013
President and Chief Executive Officer, Bank of Commerce, Yukon, OK
Linda Capps, 2014
Vice Chairman, Citizen Potawatomi Nation, Shawnee, OK
Appointed by the Board of Governors
Peter B. Delaney, 2012
Chairman, Chief Executive Officer, and President, OGE Energy Corporation, Oklahoma City, OK
K. Vasudevan, 2013
Chairman and Founder, Service & Technology Corporation, Bartlesville, OK
James D. Dunn, 2014
Chair, Mill Creek Lumber & Supply Co., Tulsa, OK
Omaha Branch
Appointed by the Federal Reserve Bank
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
Jeff W. Krejci, 2014
President, First State Bank, Hickman, NE
Appointed by the Board of Governors
G. Richard Russell, 2012
President and Chief Executive Officer, Millard Lumber Inc., Omaha, NE
Vacancy, 2013
James C. Farrell, 2014
President and Chief Executive Officer, Farmers National Company, Omaha, NE
District 11-Dallas
Class A
Pete Cook, 2012
Retired 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
George F. Jones, Jr., 2014
Chief Executive Officer, Texas Capital Bank, Dallas, TX
Class B
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
Jorge A. Bermudez, 2014
President and Chief Executive Officer, Byebrook Group, College Station, TX
Class C
Myron E. Ullman III, 2012
Retired Chairman and Chief Executive Officer, J.C. Penney Company, Inc., Plano, TX
Herbert D. Kelleher, 2013
Founder and Chairman Emeritus, Southwest Airlines, Dallas, TX
Renu Khator, 2014
Chancellor/President, University of Houston, Houston, TX
El Paso Branch
Appointed by the Federal Reserve Bank
Robert Nachtmann, 2012
Dean and Professor of Finance, The University of Texas at El Paso, El Paso, TX
Larry L. Patton, 2013
President and Chief Executive Officer, WestStar Bank, El Paso, TX
Laura M. Conniff, 2014
Qualifying Broker, Mathers Realty, Inc., Las Cruces, NM
Vacancy, 2014
Appointed by the Board of Governors
Renard U. Johnson, 2012
President/Chief Executive Officer, Management & Engineering Technologies International Inc. (METI), El Paso, TX
Cindy J. Ramos-Davidson, 2013
President and Chief Executive Officer, El Paso Hispanic Chamber of Commerce, El Paso, TX
Robert E. McKnight, Jr., 2014
Partner, McKnight Ranch Company, Fort Davis, TX
Houston Branch
Appointed by the Federal Reserve Bank
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
Kirk S. Hachigian, 2014
Chairman and Chief Executive Officer, Cooper Industries, Ltd., Houston, TX
Ann B. Stern, 2014
President and Chief Executive Officer, Houston Endowment, Inc., Houston, TX
Appointed by the Board of Governors
Ellen Ochoa, 2012
Deputy Director, NASA Johnson Space Center, Houston, TX
Greg L. Armstrong, 2013
Chairman and Chief Executive Officer, Plains All American Pipeline, L.P., Houston, TX
Paul W. Hobby, 2014
Chairman and Managing Partner, Genesis Park, LP, Houston, TX
San Antonio Branch
Appointed by the Federal Reserve Bank
Manoj Saxena, 2012
General Manager, IBM Software Group, IBM, Austin, TX
Josue Robles, Jr., 2013
President and Chief Executive Officer, USAA, San Antonio, TX
Ygnacio D. Garza, 2014
Partner, Long Chilton LLP, Brownsville, TX
Janie Barrera, 2014
President and Chief Executive Officer, Accion Texas, Inc., San Antonio, TX
Appointed by the Board of Governors
Catherine M. Burzik, 2012
Former 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
Thomas E. Dobson, 2014
Chairman and Chief Executive Officer, Whataburger Restaurants, L.P., San Antonio, TX
District 12-San Francisco
Class A
Kenneth P. Wilcox, 2012
Chairman, Silicon Valley Bank, Santa Clara, CA
Betsy Lawer, 2013
Vice Chair, First National Bank Alaska, Anchorage, AK
Megan F. Clubb, 2014
President and Chief Executive Officer, Baker Boyer National Bank, Walla Walla, WA
Class B
Blake W. Nordstrom, 2012
President, Nordstrom, Inc., Seattle, WA
Nicole C. Taylor, 2013
President and Chief Executive Officer, East Bay Community Foundation, Oakland, CA
Richard Galanti, 2014
Executive Vice President and Chief Financial Officer, Costco Wholesale Corporation, Issaquah, WA
Class C
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
Douglas W. Shorenstein, 2014
Chairman and Chief Executive Officer, Shorenstein Properties LLC, San Francisco, CA
Los Angeles Branch
Appointed by the Federal Reserve Bank
John C. Molina, 2012
Chief Financial Officer, Molina Healthcare, Inc., Long Beach, CA
Joseph C. Berenato, 2012
Director, Ducommun Incorporated, Carson, CA
David I. Rainer, 2013
Chairman, President, and Chief Executive Officer, California United Bank, Encino, CA
Peggy Tsiang Cherng, 2014
Co-Chair and Co-Chief Executive Officer, Panda Restaurant Group, Inc., Rosemead, CA
Appointed by the Board of Governors
Andrew J. Sale, 2012
Partner, Americas Automotive Leader, Ernst & Young LLP, Los Angeles, CA
Grace Evans Cherashore, 2013
President and Chief Executive Officer, Evans Hotels, San Diego, CA
Keith E. Smith, 2014
President and Chief Executive Officer, Boyd Gaming Corporation, Las Vegas, NV
Portland Branch
Appointed by the Federal Reserve Bank
S. Randolph Compton, 2012
President and Chief Executive Officer, Pioneer Trust Bank, N.A., Salem, OR
Roger W. Hinshaw, 2013
President, Oregon and SW Washington and Commercial Market Executive for Oregon and Inland Northwest, Bank of America Oregon, N.A., Portland, OR
Robert C. Hale, 2014
Chief Executive Officer, Hale Companies, Hermiston, OR
Tamara L. Lundgren, 2014
President and Chief Executive Officer, Schnitzer Steel Industries, Inc., Portland, OR
Appointed by the Board of Governors
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
Roderick C. Wendt, 2014
Chief Executive Officer, JELD-WEN, inc., Klamath Falls, OR
Salt Lake City Branch
Appointed by the Federal Reserve Bank
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
Damon G. Miller, 2014
Utah Market President, U.S. Bank, Salt Lake City, UT
Josh England, 2014
President, England Logistics, Inc., Salt Lake City, UT
Appointed by the Board of Governors
Bradley J. Wiskirchen, 2012
Chief Executive Officer, Keynetics, Inc., Boise, ID
Scott L. Hymas, 2013
Chief Executive Officer, RC Willey, Salt Lake City, UT
Patrick F. Keenan, 2014
Chief Financial Officer, Rio Tinto Kennecott Utah Cooper, South Jordan, UT
Seattle Branch
Appointed by the Federal Reserve Bank
Henry L. (Skip) Kotkins, Jr., 2012
Chairman and Chief Executive Officer, SWL Holdings Inc., Seattle, WA
Nicole W. Piasecki, 2013
Vice President, Business Development & Strategic Integration, Boeing Commercial Airplanes, Renton, WA
Scott L. Morris, 2014
Chairman, President, and Chief Executive Officer, Avista Corporation, Spokane, WA
Patrick G. Yalung, 2014
Regional President, Washington, Wells Fargo Bank, N.A., Seattle, WA
Appointed by the Board of Governors
Mary O. McWilliams, 2012
Executive Director, Puget Sound Health Alliance, Seattle, WA
Martha Choe, 2013
Chief Administrative Officer, The Bill & Melinda Gates Foundation, Seattle, WA
Ada M. Healey, 2014
Vice President, Real Estate, Vulcan Inc., Seattle, WA
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
Kirk A. Sykes, Chair
William D. Nordhaus , Deputy Chair
Eric S. Rosengren, President
Kenneth C. Montgomery, First Vice President
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 22 and 23 and November 6 and 7, 2012. The conference's executive committee members for 2012 and 2013 are listed below.
Conference of Chairs Executive Committee-2012
Alfred M. Rankin, Jr., Chair, Federal Reserve Bank of Cleveland
Herbert D. Kelleher, Vice Chair, Federal Reserve Bank of Dallas
Mary K. Brainerd, Member, Federal Reserve Bank of Minneapolis
Conference of Chairs Executive Committee-2013
Herbert D. Kelleher, Chair, Federal Reserve Bank of Dallas
Mary K. Brainerd, Vice Chair, Federal Reserve Bank of Minneapolis
Ward M. Klein, Member, Federal Reserve Bank of St. Louis
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 2012 are listed below. 2
Conference of Presidents-2012
Richard W. Fisher, Chair, Federal Reserve Bank of Dallas
Charles I. Plosser, Vice Chair, Federal Reserve Bank of Philadelphia
Harvey R. Mitchell, Secretary, Federal Reserve Bank of Dallas
Frank J. Doto, Assistant Secretary, Federal Reserve Bank of Philadelphia
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 2012 are listed below.
Conference of First Vice Presidents-2012
Blake Prichard, Chair, Federal Reserve Bank of Philadelphia
Kenneth Montgomery, Vice Chair, Federal Reserve Bank of Boston
Thomas Lombardo, Secretary, Federal Reserve Bank of Philadelphia
Jeanne MacNevin, Assistant Secretary, Federal Reserve Bank of Boston
References
1. The chair of a Federal Reserve Bank serves, by statute, as Federal Reserve agent. Return to text
2. On December 14, 2012, the Conference elected Charles I. Plosser as chair for 2013-14 and Dennis P. Lockhart, president of the Federal Reserve Bank of Atlanta, as vice chair. The Conference also elected Frank J. Doto as secretary for 2013-14 and Maria Smith, Federal Reserve Bank of Atlanta, as assistant secretary. Return to text
