|For immediate release|
The Federal Reserve Board today announced the appointment of Richard C. Stevens as Director of the Division of Information Technology. The Board also announced the appointments of Marianne Emerson as Deputy Director of the Division, and Tillena Clark as Assistant Director.
The Division of Information Technology provides automation, telecommunication, and statistical data services to the Board of Governors and was previously known as Information Resources Management. The name has been changed to more accurately reflect the division's responsibilities.
Mr. Stevens joined the Board's staff in 1973, was appointed as an Assistant Director in the information services area in 1985, and in July 1998 was promoted to Deputy Director of the Division of Information Resources Management. During his career, Mr. Stevens has managed all areas of information technology and has served on interagency and System technology committees. He holds a B.S. degree in business management from LeMoyne College.
Ms. Emerson, who was appointed an Assistant Director in the information services area in 1990, is ending a two-year assignment as technical advisor to the Division of Banking Supervision and Regulation. She holds a B.A. degree in biology from Bryn Mawr College and an M.S. degree in computer science from the University of Maryland; in August 1999 she will receive an M.B.A. degree in finance from the University of Maryland.
Ms. Clark joined the Board in 1994 as manager of the Management and Administrative Services unit and is currently serving as manager of the division's Year 2000 Program Office. She holds a B.A. degree in economics from the University of Rochester and an M.A. degree in management and finance from The Catholic University of America. Ms. Clark is a CPA and a member of the American Institute of Public Accountants. Prior to joining the Board, Ms. Clark served as a senior manager in a public accounting firm and held positions where she was responsible for the design and development of information systems.
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