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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: November 19, 2014

For release at 11:00 a.m. EDT

The Federal Reserve Board on Wednesday announced the designation of the chairs and deputy chairs of the 12 Federal Reserve Banks for 2015.

Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as chair and a second as deputy chair.

Following are the names of the chairs and deputy chairs designated by the Board for 2015:

Boston
William D. Nordhaus, Sterling Professor of Economics, Yale University, New Haven, Connecticut, renamed Chair.

John F. Fish, Chairman and Chief Executive Officer, Suffolk Construction Company, Inc., Boston, Massachusetts, renamed Deputy Chair.

New York
Emily K. Rafferty, President, The Metropolitan Museum of Art, New York, New York, renamed Chair.

Sara Horowitz, Executive Director, Freelancers Union, Brooklyn, New York, renamed Deputy Chair.

Philadelphia
James E. Nevels, Founder and Chairman, The Swarthmore Group, Philadelphia, Pennsylvania, renamed Chair.

Michael Angelakis, Vice Chairman and Chief Financial Officer, Comcast Corporation, Philadelphia, Pennsylvania, renamed Deputy Chair.

Cleveland
Christopher M. Connor, Chairman and Chief Executive Officer, The Sherwin-Williams Company, Cleveland, Ohio, named Chair.

John P. Surma, Chairman and Chief Executive Officer (Retired), United States Steel Corporation, Pittsburgh, Pennsylvania, named Deputy Chair.

Richmond
Russell C. Lindner, Chairman and Chief Executive Officer, The Forge Company, Washington, D.C., named Chair.

Margaret G. Lewis, President, HCA Capital Division (Retired), Richmond, Virginia, named Deputy Chair.

Atlanta
Thomas A. Fanning, Chairman, President, and Chief Executive Officer, Southern Company, Atlanta, Georgia, named Chair.

Michael J. Jackson, Chairman and Chief Executive Officer, AutoNation, Inc., Ft. Lauderdale, Florida, named Deputy Chair.

Chicago
Greg Brown, Chairman and Chief Executive Officer, Motorola Solutions, Inc., Schaumburg, Illinois, named Chair.

Anne R. Pramaggiore, President and Chief Executive Officer, Commonwealth Edison Company, Chicago, Illinois, named Deputy Chair.

St. Louis
George Paz, Chairman and Chief Executive Officer, Express Scripts, St. Louis, Missouri, named Chair.

Rakesh Sachdev, President and Chief Executive Officer, Sigma-Aldrich Corporation, St. Louis, Missouri, named Deputy Chair.

Minneapolis
Randall J. Hogan, Chairman and Chief Executive Officer, Pentair, Minneapolis, Minnesota, renamed Chair.

MayKao Y. Hang, President and Chief Executive Officer, Amherst H. Wilder Foundation, St. Paul, Minnesota, renamed Deputy Chair.

Kansas City
Steve Maestas, Chief Executive Officer, Maestas and Ward Commercial Real Estate, Albuquerque, New Mexico, named Chair.

Rose Washington, Executive Director, Tulsa Economic Development Corporation, Tulsa, Oklahoma, named Deputy Chair.

Dallas
Renu Khator, Chancellor and President, University of Houston, Houston, Texas, named Chair.

Matthew K. Rose, Executive Chairman, BNSF Railway Company, Fort Worth, Texas, named Deputy Chair.

San Francisco
Roy A. Vallee, Executive Chairman and Chief Executive Officer (Retired), Avnet, Inc., Phoenix, Arizona, named Chair.

Alexander R. Mehran, Chairman and Chief Executive Officer, Sunset Development Company, San Ramon, California, named Deputy Chair.

Board Votes

 
Last update: November 19, 2014