Board of Governors of the Federal Reserve System

Federal Reserve System Organization

Congress designed the Federal Reserve System to give it a broad perspective on the economy and on economic activity in all parts of the nation. As such, the System is composed of a central, governmental agency—the Board of Governors—in Washington, D.C., and 12 regional Federal Reserve Banks. This section lists key officials across the System, including the Board of Governors, its officers, Federal Open Market Committee members, several System councils, and Federal Reserve Bank and Branch directors and officers for 2021.

Board of Governors

Members

The Board of Governors of the Federal Reserve System is composed of seven members, who are nominated by the President and confirmed by the Senate. The Chair and the Vice Chair of the Board are also named by the President from among the members and are confirmed by the Senate. This section lists Board members who served in 2021. For a full listing of Board members from 1914 through the present, visit www.federalreserve.gov/aboutthefed/bios/board/boardmembership.htm.

Jerome H. Powell
Chair

Richard H. Clarida
Vice Chair

Randal K. Quarles
Vice Chair for Supervision

Michelle W. Bowman

Lael Brainard

Christopher J. Waller

Divisions and Officers

Fifteen divisions support and carry out the mission of the Board of Governors, which is based in Washington, D.C.

Office of Board Members

Michelle A. Smith
Assistant to the Board
and Director

Linda L. Robertson
Assistant to the Board

Lucretia M. Boyer
Assistant to the Board

Jennifer C. Gallagher
Special Assistant to the Board
for Congressional Liaison

Jon Faust¹
Senior Special Adviser
to the Chair

Joshua H. Gallin²
Special Adviser to the Chair

Legal Division

Mark E. Van Der Weide
General Counsel

Richard M. Ashton
Deputy General Counsel

Charles Gray
Deputy General Counsel

Laurie S. Schaffer
Deputy General Counsel
(through February 1, 2021)

Stephanie Martin
Senior Associate
General Counsel
(through October 1, 2021)

Jean C. Anderson
Associate General Counsel

Benjamin W. McDonough
Associate General Counsel
(through June 6, 2021)

Reena Sahni
Associate General Counsel
(as of December 6, 2021)

Alvin Williams
Associate General Counsel

Alicia S. Foster
Deputy Associate
General Counsel

Alison M. Thro
Deputy Associate
General Counsel

Cary K. Williams
Deputy Associate
General Counsel

Jason A. Gonzalez
Assistant General Counsel

Asad Kudiya³
Assistant General Counsel
(as of November 7, 2021)

Jay Schwartz
Assistant General Counsel
(as of November 7, 2021)

Office of the Secretary

Ann Misback
Secretary of the Board

Margaret M. Shanks
Deputy Secretary

Michele T. Fennell
Deputy Associate Secretary

Yao-Chin Chao
Assistant Secretary

Division of International Finance

Beth Anne Wilson
Director

Shaghil Ahmed
Deputy Director

Sally M. Davies
Deputy Director

Brian M. Doyle
Deputy Director

Carol Bertaut
Senior Associate Director

James A. Dahl
Senior Associate Director

Paul Wood
Senior Associate Director

Stephanie E. Curcuru
Associate Director

Matteo Iacoviello
Associate Director

Andrea Raffo
Associate Director

Jason Wu
Associate Director

Daniel Beltran
Deputy Associate Director

Viktors Stebunovs
Deputy Associate Director

Robert Vigfusson
Deputy Associate Director

Andrea De Michelis
Assistant Director
(as of November 7, 2021)

Jasper Hoek
Assistant Director
(as of November 7, 2021)

Seung Jung Lee
Assistant Director
(as of November 7, 2021)

Emre Yoldas
Assistant Director
(as of November 7, 2021)

Brett Berger
Senior Adviser

Ricardo Correa
Senior Adviser

John H. Rogers
Senior Adviser (through May 1, 2021)

Division of Financial Stability

Andreas W. Lehnert
Director

Michael T. Kiley
Deputy Director

William F. Bassett
Senior Associate Director

Elizabeth Klee
Senior Associate Director

John W. Schindler
Senior Associate Director

Luca Guerrieri
Deputy Associate Director

Kent C. Hiteshew
Deputy Associate Director
(through March 25, 2021)

Namirembe Mukasa
Deputy Associate Director and
Chief of Staff

Chiara Scotti⁴
Deputy Associate Director

Skander J. Van den Heuvel
Deputy Associate Director

David Arseneau
Assistant Director

Andrew M. Cohen
Assistant Director

Ceyhun Durdu
Assistant Director

Adele Cecile Morris
Senior Adviser
(as of October 12, 2021)

Uzma Wahhab
Senior Adviser (through November 6, 2021)

Division of Monetary Affairs

Trevor A. Reeve
Director

James A. Clouse
Deputy Director

Rochelle M. Edge
Deputy Director

David H. Bowman
Senior Associate Director

Margaret G. DeBoer
Senior Associate Director

J. David Lopez-Salido
Senior Associate Director

Matthew M. Luecke
Senior Associate Director

Nellisha Ramdass
Senior Associate Director
(as of October 12, 2021)

Min Wei
Senior Associate Director

Gretchen C. Weinbach
Senior Associate Director
(through September 1, 2021)

Eric C. Engstrom⁵
Associate Director

Christopher J. Gust
Associate Director

Mary T. Hoffman
Associate Director
(through July 1, 2021)

Karen Brooks
Deputy Associate Director

Laura Lipscomb
Deputy Associate Director

Zeynep Senyuz
Deputy Associate Director

Rebecca Zarutskie
Deputy Associate Director

Brian Bonis
Assistant Director

Michiel De Pooter
Assistant Director
(through November 19, 2021)

Giovanni Favara
Assistant Director

Etienne Gagnon
Assistant Director

Dan Li
Assistant Director

Elizabeth Marx
Assistant Director

Antulio Bomfim⁶
Senior Adviser

Jane E. Ihrig⁷
Senior Adviser

Don H. Kim
Senior Adviser

Ellen E. Meade
Senior Adviser
(through September 1, 2021)

Edward M. Nelson
Senior Adviser

Robert J. Tetlow
Senior Adviser

Annette Vissing-Jorgensen
Senior Adviser (as of August 2, 2021)

Egon Zakrajsek
Senior Adviser (through August 1, 2021)

Mark Carlson
Adviser (as of December 19, 2021)

Division of Research and Statistics

Stacey Tevlin
Director

Jeffrey C. Campione
Deputy Director

Daniel M. Covitz
Deputy Director

William L. Wascher III
Deputy Director

Nicole Bennett
Senior Associate Director

Eric M. Engen
Senior Associate Director

Joshua H. Gallin
Senior Associate Director

Diana Hancock
Senior Associate Director

David E. Lebow
Senior Associate Director

Michael G. Palumbo
Senior Associate Director

John J. Stevens
Senior Associate Director

Burcu Duygan-Bump
Associate Director

Eric C. Engstrom
Associate Director

J. Andrew Figura
Associate Director

Glenn R. Follette
Associate Director

Elizabeth K. Kiser
Associate Director

Timothy A. Mullen
Associate Director

Erik A. Heitfield
Deputy Associate Director

Patrick E. McCabe
Deputy Associate Director

Norman J. Morin
Deputy Associate Director

Karen M. Pence
Deputy Associate Director

John M. Roberts
Deputy Associate Director
(through May 1, 2021)

Shane M. Sherlund
Deputy Associate Director

Lillian Shewmaker
Deputy Associate Director

Paul A. Smith
Deputy Associate Director

Deborah Flores
Assistant Director and Chief

Karen Krugman
Assistant Director and Chief

Gianni Amisano
Assistant Director

Shawn Bruckner
Assistant Director
(as of April 26, 2021)

Celso Brunetti
Assistant Director
(as of November 7, 2021)

Marco Cagetti
Assistant Director
(as of November 7, 2021)

Paul Lengermann
Assistant Director

Geng Li
Assistant Director

Byron Lutz
Assistant Director

Raven Molloy
Assistant Director

Kevin Moore
Assistant Director
(as of November 7, 2021)

Matthias Paustian
Assistant Director

Gustavo Suarez
Assistant Director

Clara Vega
Assistant Director

S. Wayne Passmore
Senior Adviser

Jeremy Rudd
Senior Adviser

Steven A. Sharpe
Senior Adviser

Wendy Dunn
Adviser

Charles Fleischman
Adviser

Division of Supervision and Regulation

Michael S. Gibson
Director

Jennifer Burns
Deputy Director

Kate Fulton
Deputy Director
(as of August 2, 2021)

Arthur W. Lindo
Deputy Director

James Price
Deputy Director
(through June 8, 2021)

Mary L. Aiken
Senior Associate Director

Marta Chaffee
Senior Associate Director
(as of September 12, 2021)

Molly Mahar
Senior Associate Director

Richard N. Ragan
Senior Associate Director

Lisa Ryu
Senior Associate Director

Thomas R. Sullivan
Senior Associate Director

Todd Vermilyea
Senior Associate Director

Kevin M. Bertsch
Associate Director

Nida Davis
Associate Director

Christopher Finger
Associate Director

Jeffery Gunther
Associate Director

Anna L. Hewko
Associate Director

Michael J. Hsu
Associate Director
(through May 8, 2021)

Shannon Kelly
Associate Director
(as of December 6, 2021)

Richard A. Naylor II
Associate Director

Uzma Wahhab
Associate Director (as of November 7, 2021)

John Beebe
Deputy Associate Director

Karen Caplan
Deputy Associate Director

James Ray Diggs
Deputy Associate Director

Mona Elliot
Deputy Associate Director

Constance Horsley
Deputy Associate Director

Kavita Jain
Deputy Associate Director

Kathleen Johnson
Deputy Associate Director

Ryan P. Lordos
Deputy Associate Director

Lara Lylozian
Deputy Associate Director/
Chief Accountant

David K. Lynch
Deputy Associate Director

Susan Motyka
Deputy Associate Director

T. Kirk Odegard
Deputy Associate Director

Vaishali Sack
Deputy Associate Director

Robert Sarama
Deputy Associate Director

Steven Spurry
Deputy Associate Director

Catherine A. Tilford
Deputy Associate Director

Donna Webb
Deputy Associate Director

Suzanne L. Williams
Deputy Associate Director

Dana Burnett
Assistant Director

Anthony Cain
Assistant Director

Juan Climent
Assistant Director

Keith Coughlin
Assistant Director

Christine Graham
Assistant Director

Eric L. Kennedy
Assistant Director

Brent Richards
Assistant Director

Emily Wells
Assistant Director

Norah M. Barger
Senior Adviser

Barbara J. Bouchard
Senior Adviser
(through February 1, 2021)

Fang Du
Adviser

William F. Treacy
Adviser

Division of Consumer and Community Affairs

Eric S. Belsky
Director

V. Nicole Bynum
Deputy Director

Anna Alvarez Boyd
Senior Associate Director

Benjamin K. Olson
Senior Associate Director
(as of August 30, 2021)

Carol A. Evans
Associate Director
(through October 9, 2021)

Joseph A. Firschein
Associate Director

Phyllis L. Harwell
Associate Director

Marisa A. Reid
Associate Director

David E. Buchholz
Deputy Associate Director

Angelyque Campbell
Assistant Director

Amy B. Henderson
Assistant Director

Minh-Duc T. Le
Assistant Director

Caterina Petrucco-Littleton
Assistant Director

Division of Reserve Bank Operations and Payment Systems

Matthew J. Eichner
Director

Gregory L. Evans
Senior Associate Director

Susan V. Foley
Senior Associate Director

Lawrence E. Mize
Senior Associate Director

Jennifer K. Liu
Associate Director

Jennifer A. Lucier
Associate Director

David C. Mills
Associate Director

Jeffrey Walker
Associate Director

Sonja Danburg
Deputy Associate Director

Brian Lawler
Deputy Associate Director

Timothy W. Maas
Deputy Associate Director

Mark Manuszak
Deputy Associate Director

Mark J. Olechowski
Deputy Associate Director

Rebecca L. Royer
Deputy Associate Director

Stuart E. Sperry
Deputy Associate Director

Casey Clark
Assistant Director

Jason Hinkle
Assistant Director

Travis D. Nesmith
Assistant Director and Chief

Caio Peixoto
Assistant Director

Nick Trotta
Assistant Director

Office of the Chief Operating Officer

Patrick J. McClanahan
Chief Operating Officer

Katherine Tom
Chief Data Officer

Sheila Clark
Diversity and Inclusion
Program Director

Phillip C. Daher
Associate Director

Andrew Leonard
Associate Director

Steven Miranda
Adviser (through June 1, 2021)

Division of Financial Management

Ricardo Aguilera
Director and Chief
Financial Officer

Stephen J. Bernard
Deputy Director

Monica Y. Manning
Associate Director

Jeffrey R. Peirce
Associate Director

Karen L. Vassallo
Associate Director

Thomas Murphy
Deputy Associate Director

Kimberly Briggs
Assistant Director

Division of Management

Winona Varnon
Director

Curtis B. Eldridge
Senior Associate Director
and Chief, LEU

Kendra Gastright
Senior Associate Director

Tameika L. Pope
Senior Associate Director
and CHCO

Tara Tinsley-Pelitere
Senior Associate Director and CTO

Ann Buckingham
Associate Director

Donna J. Butler
Deputy Associate Director and Chief of Staff

Timothy E. Markey
Deputy Associate Director

Stephen E. Pearson
Deputy Associate Director

Katherine Perez
Deputy Associate Director
and Assistant Chief, LEU

Reginald V. Roach
Deputy Associate Director

Lewis Andrews
Assistant Director
(as of June 6, 2021)

Stewart Carroll
Assistant Director
(as of March 28, 2021)

Catherine Jack
Assistant Director

Tim Ly
Assistant Director

Leah Middleton
Assistant Director

Division of Information Technology

Sharon L. Mowry
Director

Lisa M. Bell
Deputy Director
(through February 2, 2021)

Raymond Romero
Deputy Director

Kofi A. Sapong
Deputy Director

Glenn S. Eskow
Senior Associate Director

Stephen Olden
Senior Associate Director

Sheryl Lynn Warren
Senior Associate Director

Rajasekhar R. Yelisetty
Senior Associate Director

Deborah Prespare
Associate Director

Charles B. Young
Associate Director

William K. Dennison
Deputy Associate Director

Can Xuan Nguyen
Deputy Associate Director

Jonathan F. Shrier
Deputy Associate Director

Eric C. Turner
Deputy Associate Director
(through July 1, 2021)

Virginia M. Wall
Deputy Associate Director

Edgar Wang
Deputy Associate Director

Ivan K. Wun
Deputy Associate Director

Amy Kelley
Assistant Director

Brian Lester
Assistant Director

Scott Meyerle
Assistant Director

Langston Shaw
Assistant Director

Fred Vu
Assistant Director
(as of March 14, 2021)

Theresa C. Palya
Adviser
(through March 1, 2021)

Office of Inspector General

Mark Bialek
Inspector General

Fred Gibson
Deputy Inspector General

Stephen Carroll
Associate Inspector General

Peter Sheridan
Associate Inspector General

Michael VanHuysen
Associate Inspector General

Cynthia Gray
Assistant Inspector General

Jacqueline M. Becker
Senior Adviser

Federal Open Market Committee

The Federal Open Market Committee is made up of the seven members of the Board of Governors; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Federal Reserve Bank presidents, who serve one-year terms on a rotating basis. During 2021, the Federal Open Market Committee held eight regularly scheduled meetings (see appendix B, "Minutes of Federal Open Market Committee Meetings").

Members

Jerome H. Powell
Chair, Board of Governors

John C. Williams
Vice Chair, President,
Federal Reserve Bank of New York

Thomas I. Barkin
President, Federal Reserve
Bank of Richmond

Raphael W. Bostic
President, Federal Reserve
Bank of Atlanta

Michelle W. Bowman
Member, Board of Governors

Lael Brainard
Member, Board of Governors

Richard H. Clarida
Member, Board of Governors

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

Charles L. Evans
President, Federal Reserve
Bank of Chicago

Randal K. Quarles
Member, Board of Governors

Christopher J. Waller
Member, Board of Governors

 

Alternate Members

James Bullard
President, Federal Reserve
Bank of St. Louis

Esther L. George
President, Federal Reserve
Bank of Kansas City

Naureen Hassan
First Vice President, Federal Reserve
Bank of New York
(as of March 9, 2021)

Loretta J. Mester
President, Federal Reserve
Bank of Cleveland

Kenneth C. Montgomery
First Vice President, Federal Reserve
Bank of Boston
(as of November 3, 2021)

Helen E. Mucciolo
First Vice President, Federal Reserve
Bank of New York
(through March 9, 2021)

Eric Rosengren
President, Federal Reserve
Bank of Boston
(through September 30, 2021)

Officers

James A. Clouse
Secretary

Matthew M. Luecke
Deputy Secretary

Michelle A. Smith
Assistant Secretary

Mark E. Van Der Weide
General Counsel

Michael Held
Deputy General Counsel

Richard M. Ashton
Assistant General Counsel

Trevor A. Reeve
Economist

Stacey Tevlin
Economist

Beth Anne Wilson
Economist

Shaghil Ahmed
Associate Economist

David Altig
Associate Economist

Kartik B. Athreya
Associate Economist

Brian M. Doyle
Associate Economist

Rochelle M. Edge
Associate Economist

Eric M. Engen
Associate Economist

Beverly Hirtle
Associate Economist

Sylvain Leduc
Associate Economist

Anna Paulson
Associate Economist

William L. Wascher
Associate Economist

Lorie K. Logan
Manager, System Open
Market Account

Patricia Zobel
Deputy Manager, System Open Market Account

Board of Governors Advisory Councils

The Federal Reserve Board uses advisory committees in carrying out its varied responsibilities. To learn more, visit https://www.federalreserve.gov/aboutthefed/advisorydefault.htm.

Federal Advisory Council

The Federal Advisory Council—a statutory body established under the Federal Reserve Act—consults with and advises the Board of Governors on all matters within the Board's jurisdiction. It is composed of one representative from each Federal Reserve District, chosen by the Reserve Bank in that District. The president and vice president of the council are selected from amongst council members. The Federal Reserve Act requires the council to meet in Washington, D.C., at least four times a year. In 2021, the council met on February 3–4, May 5–6, September 8–9, and December 1–2. The council met with the Board on February 4, May 6, September 9, and December 2, 2021.

Members

District 1

John R. Ciulla
President and Chief Executive Officer, Webster Financial Corporation and Webster Bank, Waterbury, CT

District 2

Rene F. Jones
Chairman and Chief Executive Officer, M&T Bank Corporation, Buffalo, NY

District 3

Jeffrey M. Schweitzer
Chief Executive Officer,
Univest Bank and Trust Co.,
Souderton, PA

District 4

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

District 5

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

District 6

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

District 7

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

District 8

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

District 9

Kevin P. Riley
President and Chief Executive Officer, First Interstate BancSystem, Inc.,
Billings, MT

District 10

John B. Dicus
President and Chief Executive Officer, Capitol Federal Financial, Inc.,
Topeka, KS

District 11

Phillip D. Green
Chairman and Chief Executive Officer, Cullen/Frost Bankers Inc.,
San Antonio, TX

District 12

Nandita Bakhshi
President and Chief Executive Officer, Bank of the West, San Francisco, CA

Officers

Jeffrey J. Brown
President

Rene F. Jones
Vice President

Herb Taylor
Secretary

Community Depository Institutions Advisory Council

The Community Depository Institutions Advisory Council advises the Board of Governors on the economy, lending conditions, and other issues of interest to community depository institutions. Members are selected from among representatives of banks, thrift institutions, and credit unions who are serving on local advisory councils at the 12 Federal Reserve Banks. One member of each of the Reserve Bank councils serves on the Community Depository Institutions Advisory Council. The president and vice president are selected from amongst council members. The council usually meets with the Board twice a year in Washington, D.C. In 2021, the council met on April 1 and November 18.

Members

District 1

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

District 2

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

District 3

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

District 4

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

District 5

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

District 6

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

District 7

Kent A. Liechty
President and Chief Executive Officer, First Bank of Berne, Berne, IN

District 8

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

District 9

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

District 10

Brad Koehn
Regional President, Midwest Bank, Lincoln, NE

District 11

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

District 12

Janet Silveria
President and Chief Executive Officer, Community Bank of Santa Maria, Santa Maria, CA

Officers

Dorothy A. Savarese
President

David R. Melville, III
Vice President

Community Advisory Council

The Community Advisory Council was formed in 2015 to advise the Board of Governors on the economic circumstances and financial services needs of consumers and communities, with a particular focus on the concerns of low- and moderate-income populations. The council is composed of a diverse group of experts and representatives of consumer and community development organizations and interests, including from such fields as affordable housing, community and economic development, employment and labor, financial services and technology, small business, and asset and wealth building. One member of the council serves as its chair. The council first met with the Board in November 2015, and meets with the Board twice each year. In 2021, the council met with the Board on May 13 and October 21.

Members

Daniel Betancourt
President & CEO, Community First Fund, Lancaster, PA

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

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

Tawney Brunsch
Executive Director, Lakota Funds,
Kyle, SD

Joshua Downey
Special Assistant, International Union of Painters and Allied Trades, Denver, CO

Darlene Lombos
Executive Secretary-Treasurer, Boston Labor Council, Boston, MA

Stephanie Mackay
Board Member, Switchpoint Community Resource CenterSalt Lake City, UT

Andreanecia Morris
Executive Director, HousingNOLA,
New Orleans, LA

Marc Norman
Associate Professor of Practice, University of Michigan, Taubman College of Architecture and Urban Planning, Ann Arbor, MI

Dr. Laura Murillo
President & CEO, Houston Hispanic Chamber of Commerce, Houston, TX

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

Arjan Schutte
Founder & Managing Partner, Core Innovation Capital, San Francisco, CA

Kendra N. Smith
Vice President, Community Health, Bon Secours Mercy Health, Toledo, OH

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

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

Officers

Marc Norman
Chair

Tawney Brunsch
Vice Chair

Model Validation Council

The Model Validation Council was established in 2012 by the Board of Governors to provide expert and independent advice on its process to rigorously assess the models used in stress tests of banking institutions. The Dodd-Frank Wall Street Reform and Consumer Protection Act required the Federal Reserve to conduct annual stress tests of large bank holding companies and systemically important, nonbank financial institutions supervised by the Board. The Model Validation Council provides input on the Board's efforts to assess the effectiveness of the models used in the stress tests. The council is intended to improve the quality of the Federal Reserve's model assessment program and to strengthen the confidence in the integrity and independence of the program.

Members

Andrew Atkeson
Professor, University of
California, Los Angeles

Victoria Ivashina
Professor, Harvard
Business School

Stijn Van Nieuwerburgh
Professor, Columbia University

Andrew Patton
Professor, Duke University

Federal Reserve Banks and Branches

To carry out the day-to-day operations of the Federal Reserve System, the nation has been divided into 12 Federal Reserve Districts, each with a Reserve Bank. The majority of Reserve Banks also have at least one Branch.

Reserve Bank and Branch Directors

As required by the Federal Reserve Act, each Federal Reserve Bank is supervised by a nine-member board with three different classes of three directors each: Class A directors, who are nominated and elected by the member banks in that District to represent the stockholding banks; Class B directors, who are nominated and elected by the member banks to represent the public; and Class C directors, who are appointed by the Board of Governors to represent the public. Class B and Class C directors are selected with due, but not exclusive, consideration to the interests of agriculture, commerce, industry, services, labor, and consumers. Each Federal Reserve Bank Branch also has a board with either five or seven directors. A majority of the directors on each Branch board are appointed by the Federal Reserve Bank, with the remaining directors appointed by the Board of Governors.

For more information on Reserve Bank and Branch directors, see https://www.federalreserve.gov/aboutthefed/directors/about.htm.

Reserve Bank and Branch directors are listed below. For each director, the class of directorship, the director's principal place of business, and the expiration date of the director's current term are shown. Also shown are maps that identify Federal Reserve Districts by their official number, city, and letter designation. For more information on the Federal Reserve indicator letters, see https://www.uscurrency.gov/denominations/bank-note-identifiers.

District 1–Boston

Covers the states of Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont; and all but Fairfield County in Connecticut.

For more information on this District and to learn more about the Federal Reserve Bank of Boston's operations, visit https://www.bostonfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/bostonfinstmt2021.pdf.

Class A

Chandler Howard, 2021
Retired President and Chief Executive Officer, Liberty Bank, Middletown, CT

Bruce Van Saun, 2022
Chairman and Chief Executive Officer, Citizens Financial Group, Stamford, CT

Jeanne A. Hulit, 2023
President and Chief Executive Officer, Maine Community Bank, Biddeford, ME

Class B

Lauren A. Smith, 2021
Chief Health Equity and Strategy Officer, CDC Foundation, Boston, MA

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

Kimberly Sherman Stamler, 2023
President, Related Beal, Boston, MA

Class C

Corey Thomas, 2021
Chairman and Chief Executive Officer, Rapid7, LLC, Boston, MA

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

Roger W. Crandall, 2023
Chairman, President, and Chief Executive Officer, MassMutual Financial Group, Springfield, MA

District 2–New York

Covers the state of New York; Fairfield County in Connecticut; and 12 counties in northern New Jersey, and serves the Commonwealth of Puerto Rico and the U.S. Virgin Islands.

For more information on this District and to learn more about the Federal Reserve Bank of New York's operations, visit https://www.newyorkfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/newyorkfinstmt2021.pdf.

Class A

James P. Gorman, 2021
Chairman and Chief Executive Officer, Morgan Stanley, New York, NY

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

Thomas J. Murphy, 2023
President and Chief Executive Officer, Glens Falls National Bank, Arrow Financial Corporation, Glens Falls, NY

Class B

Scott Rechler, 2021
Chairman and Chief Executive Officer, RXR Realty LLC, New York, NY

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

Vacancy, 2023

Class C

Vincent Alvarez, 2021
President, New York City Central Labor Council, AFL-CIO, New York, NY

Denise Scott, 2022
Executive Vice President, Local Initiatives Support Corporation, New York, NY

Rosa Gil, 2023
Founder, President, and Chief Executive Officer, Comunilife, Inc., New York, NY

District 3–Philadelphia

Covers the state of Delaware; nine counties in southern New Jersey; and 48 counties in the eastern two-thirds of Pennsylvania.

For more information on this District and to learn more about the Federal Reserve Bank of Philadelphia's operations, visit https://www.philadelphiafed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/philadelphiafinstmt2021.pdf.

Class A

Timothy Snyder, 2021
President and Chief Executive Officer, Fleetwood Bank, Fleetwood, PA

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

Randall E. Black, 2023
Chief Executive Officer and President, Citizens Financial Services Inc. and First Citizen's Community Bank, Mansfield, PA

 

Class B

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

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

Patricia Hasson, 2023
Retired President and Executive Director, Clarifi, Philadelphia, PA

Class C

Sharmain Matlock-Turner, 2021
President and Chief Executive Officer, Urban Affairs Coalition, Philadelphia, PA

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

Madeline Bell, 2023
President and Chief Executive Officer, The Children's Hospital of Philadelphia–CHOP, Philadelphia, PA

District 4–Cleveland

Covers the state of Ohio; 56 counties in eastern Kentucky; 19 counties in western Pennsylvania; and 6 counties in northern West Virginia.

For more information on this District and to learn more about the Federal Reserve Bank of Cleveland's operations, visit https://www.clevelandfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/clevelandfinstmt2021.pdf.

Class A

Eddie L. Steiner, 2021
President and Chief Executive Officer, CSB Bancorp, Inc., Millersburg, OH

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

Dean J. Miller, 2023
President and Chief Executive Officer, First National Bank of Bellevue, Bellevue, OH

Class B

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

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

Heidi L. Gartland, 2023
Chief Government and Community Relations Officer, University Hospitals, Cleveland, OH

Class C

Ana G. Rodriguez, 2021
Senior Vice President and Chief Human Resources Officer, The Lubrizol Corporation, Cleveland, OH

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

Doris Carson Williams, 2023
President and Chief Executive Officer, African American Chamber of Commerce of Western Pennsylvania, Pittsburgh, PA

Cincinnati Branch

Appointed by the Federal Reserve Bank

Tucker Ballinger, 2021
President and Chief Executive Officer, Forcht Bank, N.A., Lexington, KY

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

Alfonso Cornejo, 2023
President, Hispanic Chamber Cincinnati USA, Cincinnati, OH

David C. Evans, 2023
President and Chief Executive Officer, TESSEC LLC, Dayton, OH

Appointed by the Board of Governors

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

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

Ashish K. Vaidya, 2023
President, Northern Kentucky University, Highland Heights, KY

Pittsburgh Branch

Appointed by the Federal Reserve Bank

Vera Krekanova, 2021
Chief Strategy and Research Officer, Allegheny Conference on Community Development, Pittsburgh, PA

Sanjay Chopra, 2022
Co-Founder and Chief Executive Officer, Cognistx, Pittsburgh, PA

Earl Buford, 2023
President, CAEL, Indianapolis, IN

Christina A. Cassotis, 2023
Chief Executive Officer, Allegheny County Airport Authority, Pittsburgh, PA

Appointed by the Board of Governors

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

Kathryn Z. Klaber, 2022
Managing Partner, The Klaber Group, Sewickley, PA

Suzanne Mellon, 2023
President Emerita, Carlow University, Pittsburgh, PA

District 5–Richmond

Covers the states of Maryland, Virginia, North Carolina, and South Carolina; 49 counties constituting most of West Virginia; and the District of Columbia.

For more information on this District and to learn more about the Federal Reserve Bank of Richmond's operations, visit https://www.richmondfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/richmondfinstmt2021.pdf.

Class A

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

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

Jennifer LaClair, 2023
Chief Financial Officer, Ally Bank, Charlotte, NC

Class B

Catherine A. Meloy, 2021
President and Chief Executive Officer, Goodwill of Greater Washington/Goodwill Excel Center, Washington, DC

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

Robert M. Blue, 2023
President and Chief Executive Officer, Dominion Energy, Richmond, VA

Class C

Eugene A. Woods, 2021
President and Chief Executive Officer, Atrium Health, Charlotte, NC

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

Lisa M. Hamilton, 2023
President and Chief Executive Officer, The Annie E. Casey Foundation, Baltimore, MD

Baltimore Branch

Appointed by the Federal Reserve Bank

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

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

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

Brenda Galgano, 2023
Senior Vice President and Chief Financial Officer, Perdue, Salisbury, MD

Appointed by the Board of Governors

Kenneth R. Banks, 2021
President and Chief Executive Officer, Banks Contracting Company, Greenbelt, MD

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

Leslie D. Hale, 2023
President and Chief Executive Officer, RLJ Lodging Trust, Bethesda, MD

Charlotte Branch

Appointed by the Federal Reserve Bank

George Dean Johnson III, 2021
Chief Executive Officer, Johnson Development Associates, Inc., Spartanburg, SC

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

Dionne Nelson, 2022
President and Chief Executive Officer, Laurel Street Residential, Charlotte, NC

Vacancy, 2023

Appointed by the Board of Governors

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

James F. Goodmon Jr., 2022
President and Chief Operating Officer, Capitol Broadcasting Company, Raleigh, NC

R. Glenn Sherrill, Jr., 2023
Chairman and Chief Executive Officer, SteelFab Inc., Charlotte, NC

District 6–Atlanta

Covers the states of Alabama, Florida, and Georgia; 74 counties in the eastern two-thirds of Tennessee; 38 parishes of southern Louisiana; and 43 counties of southern Mississippi.

For more information on this District and to learn more about the Federal Reserve Bank of Atlanta's operations, visit https://www.frbatlanta.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/atlantafinstmt2021.pdf.

Class A

Claire W. Tucker, 2021
Founding President and Chief Executive Officer Emerita, CapStar Financial Holdings, Inc., Nashville, TN

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

Kessel D. Stelling, Jr., 2023
Executive Chair, Synovus Financial Corporation, Columbus, GA

Class B

Michael Russell, 2021
Chief Executive Officer, H.J. Russell and Company, Atlanta, GA

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

Gregory A. Haile, 2023
President, Broward College, Fort Lauderdale, FL

Class C

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

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

Myron A. Gray, 2023
Retired President, U.S. Operations, United Parcel Service, Atlanta, GA

Birmingham Branch

Appointed by the Federal Reserve Bank

David M. Benck, 2021
Vice President and General Counsel, Hibbett, Inc., Birmingham, AL

David L. Nast, 2021
President and Chief Executive Officer, Progress Bank, Huntsville, AL

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

Larry D. Thornton Sr., 2023
President and Chief Executive Officer, Thornton Enterprises, Birmingham, AL

Appointed by the Board of Governors

Christy Thomas, 2021
President and Co-Founder, Thomas James Co., Birmingham, AL

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

Maye Head-Frei, 2023
Chairman, Ram Tool and Supply Company, Birmingham, AL

Jacksonville Branch

Appointed by the Federal Reserve Bank

John Hirabayashi, 2021
President and Chief Executive Officer, Community First Credit Union of Florida, Jacksonville, FL

Dawn Lockhart, 2021
Director of Strategic Partnerships, Office of the Mayor, City of Jacksonville, Jacksonville, FL

Paul G. Boynton, 2022
Vice Chairman, Rayonier Advanced Materials, Inc., Jacksonville, FL

William O. West, 2023
Chief Executive Officer, The Bank of Tampa, Tampa, FL

Appointed by the Board of Governors

Timothy P. Cost, 2021
President, Jacksonville University, Jacksonville, FL

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

Edward A. Moratin, 2023
President, LIFT Orlando, Orlando, FL

Miami Branch

Appointed by the Federal Reserve Bank

Abel L. Iglesias, 2021
President and Chief Operating Officer, Professional Bank, Coral Gables, FL

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

Daniel Lavender, 2023
Chief Executive Officer, Moorings Park Institute, Inc., Naples, FL

N. Maria Menendez, 2023
Chief Financial Officer, GL Homes of Florida Holding, Sunrise, FL

Appointed by the Board of Governors

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

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

Keith T. Koenig, 2023
Chief Executive Officer, City Furniture, Tamarac, FL

Nashville Branch

Appointed by the Federal Reserve Bank

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

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

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

John W. Garratt, 2023
Executive Vice President and Chief Financial Officer, Dollar General, Goodlettsville, TN

Appointed by the Board of Governors

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

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

Amanda Mathis, 2023
Chief Financial Officer, Bridgestone Americas, Inc., Nashville, TN

New Orleans Branch

Appointed by the Federal Reserve Bank

Katherine A. Crosby, 2021
Board Chair, Fidelity Bank, New Orleans, LA

David T. Darragh, 2021
Operating Partner, LongueVue Capital, Metairie, LA

Vacancy, 2022

William G. Yates III, 2023
President and Chief Executive Officer, W.G. Yates & Sons Construction Company, Biloxi, MS

Appointed by the Board of Governors

Art E. Favre, 2021
President and Chief Executive Officer, Performance Contractors, Inc., Baton Rouge, LA

G. Janelle Frost, 2022
President and Chief Executive Officer, AMERISAFE, Inc., DeRidder, LA

Michael E. Hicks, Jr., 2023
President and Chief Executive Officer, Hixardt Technologies, Inc., Pensacola, FL

District 7–Chicago

Covers the state of Iowa; 68 counties of northern Indiana; 50 counties of northern Illinois; 68 counties of southern Michigan; and 46 counties of southern Wisconsin.

For more information on this District and to learn more about the Federal Reserve Bank of Chicago's operations, visit https://www.chicagofed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/chicagofinstmt2021.pdf.

Class A

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

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

Michael O'Grady, 2023
Chairman, President, and Chief Executive Officer, Northern Trust, Chicago, IL

Class B

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

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

David Cyril Habiger, 2023
President and Chief Executive Officer, J.D. Power, Troy, MI

Class C

Wright L. Lassiter III, 2021
President and Chief Executive Officer, Henry Ford Health System, Detroit, MI

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

E. Scott Santi, 2023
Chairman and Chief Executive Officer, Illinois Tool Works Inc., Glenview, IL

Detroit Branch

Appointed by the Federal Reserve Bank

Rip Rapson, 2021
President and Chief Executive Officer, The Kresge Foundation, Troy, MI

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

Sandy K. Baruah, 2023
President and Chief Executive Officer, Detroit Regional Chamber, Detroit, MI

Sandra E. Pierce, 2023
Senior Executive Vice President, Private Client Group and Regional Banking Director, and Chair of Michigan, Huntington Bank, Southfield, MI

Appointed by the Board of Governors

James M. Nicholson, 2021
Co-Chairman, PVS Chemicals, Inc., Detroit, MI

Linda P. Hubbard, 2022
President and Chief Operating Officer, Carhartt, Inc., Dearborn, MI

Joseph B. Anderson, Jr., 2023
Chairman and Chief Executive Officer, TAG Holdings, LLC, Wixom, MI

District 8–St. Louis

Covers the state of Arkansas; 44 counties in southern Illinois; 24 counties in southern Indiana; 64 counties in western Kentucky; 39 counties in northern Mississippi; 71 counties in central and eastern Missouri; the city of St. Louis; and 21 counties in western Tennessee.

For more information on this District and to learn more about the Federal Reserve Bank of St. Louis's operations, visit https://www.stlouisfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/stlouisfinstmt2021.pdf.

Class A

Patricia L. Clarke, 2021
President and Chief Executive Officer, First National Bank of Raymond, Raymond, IL

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

Elizabeth G. McCoy, 2023
Chief Executive Officer, Planters Bank, Hopkinsville, KY

 

Class B

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

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

R. Andrew Clyde, 2023
President and Chief Executive Officer, Murphy USA Inc., El Dorado, AR

Class C

Suzanne Sitherwood, 2021
President and Chief Executive Officer, Spire Inc., St. Louis, MO

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

James M. McKelvey, Jr., 2023
Founder and Chief Executive Officer, Invisibly, Inc., St. Louis, MO

Little Rock Branch

Appointed by the Federal Reserve Bank

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

Christopher B. Hegi, 2022
Chief Executive Officer, First Financial Bank, El Dorado, AR

Vincent G. Logan, 2023
Chief Financial Officer and Chief Investment Officer, Native American Agriculture Fund, Fayetteville, AR

Darrin Williams, 2023
Chief Executive Officer, Southern Bancorp, Inc., Little Rock, AR

Appointed by the Board of Governors

Jamie Henry, 2021
Vice President Finance, Emerging Payments, Walmart Inc., Bentonville, AR

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

Vickie D. Judy, 2023
Chief Financial Officer and Vice President, America's Car-Mart, Inc, Bentonville, AR

Louisville Branch

Appointed by the Federal Reserve Bank

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

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

Tara England Barney, 2023
President and Chief Executive Officer, Southwest Indiana Chamber of Commerce, Evansville, IN

Blake B. Willoughby, 2023
President, First Breckinridge Bancshares, Inc., Irvington, KY

Appointed by the Board of Governors

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

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

Sadiqa N. Reynolds, 2023
President, Louisville Urban League, Louisville, KY

Memphis Branch

Appointed by the Federal Reserve Bank

Beverly Crossen, 2021
Owner, Farmhouse Tupelo, Tupelo, MS

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

Jeff Agee, 2023
Chairman and Chief Executive Officer, First Citizens National Bank, Dyersburg, TN

Henry N. Reichle Jr., 2023
President and Chief Executive Officer, Staplcotn, Greenwood, MS

Appointed by the Board of Governors

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

Katherine Buckman Gibson, 2022
Chief Executive Officer, KBG Technologies, LLC, Memphis, TN

Michael Ugwueke, 2023
President and Chief Executive Officer, Methodist Le Bonheur Healthcare, Memphis, TN

District 9–Minneapolis

Covers the states of Minnesota, Montana, North Dakota, and South Dakota; the Upper Peninsula of Michigan; and 26 counties in northern Wisconsin.

For more information on this District and to learn more about the Federal Reserve Bank of Minneapolis's operations, visit https://www.minneapolisfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/minneapolisfinstmt2021.pdf.

Class A

Jeanne H. Crain, 2021
President and Chief Executive Officer, Bremer Financial Corporation, St. Paul, MN

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

Gerald H. Jacobson, 2023
President, Northwestern Bank, Chippewa Falls, WI

Class B

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

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

Paul D. Williams, 2023
President and Chief Executive Officer, Project for Pride in Living, Minneapolis, MN

Class C

Harry D. Melander, 2021
Retired President, Minnesota Building and Construction Trades Council, St. Paul, MN

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

Srilata Zaheer, 2023
Dean, Carlson School of Management, University of Minnesota, Minneapolis, MN

Helena Branch

Appointed by the Federal Reserve Bank

Jason Adams, 2021
Owner and Consultant, Ace Housing and Development, LLC, Polson, MT

Mary Rutherford, 2022
President and Chief Executive Officer, Montana Community Foundation, Helena, MT

William E. Coffee, 2023
Chief Executive Officer, Stockman Financial Corporation, Billings, MT

Appointed by the Board of Governors

Bobbi Wolstein, 2021
Chief Financial Officer, LHC, Inc., Kalispell, MT

Alan D. Ekblad, 2023
Senior Status, Montana AFL-CIO, Helena, MT

District 10–Kansas City

Covers the states of Colorado, Kansas, Nebraska, Oklahoma, and Wyoming; 43 counties in western Missouri; and 14 counties in northern New Mexico.

For more information on this District and to learn more about the Federal Reserve Bank of Kansas City's operations, visit https://www.kansascityfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/kansascityfinstmt2021.pdf.

Class A

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

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

Patricia J. Minard, 2023
Chairman, President, and Chief Executive Officer, Southwest National Bank, Wichita, KS

Class B

Cassandra R. Savage, 2021
Owner and Member, The Savage Group, LLC, Lenexa, KS

Douglas J. Stussi, 2022
Executive Adviser, Love Family of Companies, Oklahoma City, OK

Ruben Alonso III, 2023
President, AltCap, Kansas City, MO

Class C

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

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

Maria Griego-Raby, 2023
President and Principal, Contract Associates, Albuquerque, NM

Denver Branch

Appointed by the Federal Reserve Bank

Nicole Glaros, 2021
Chief Investment Strategy Officer, Techstars, Boulder, CO

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

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

Rachel Gerlach, 2023 Chief Credit Officer, Alpine Bank, Glenwood Springs, CO

Appointed by the Board of Governors

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

Jandel Allen-Davis, MD, 2022
Chief Executive Officer and President, Craig Hospital, Englewood, CO

Navin Dimond, 2023
Chief Executive Officer and Chairman, Stonebridge Companies, Denver, CO

Oklahoma City Branch

Appointed by the Federal Reserve Bank

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

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

Christopher C. Turner, 2022
Chief Operating Officer and Executive Vice President, The First National Bank & Trust, Oklahoma City, OK

Brady Sidwell, 2023
Owner and Principal, Sidwell Strategies, LLC, Enid, OK

Appointed by the Board of Governors

Tina Patel, 2021
Chief Financial Officer, Promise Hotels, LLC, Tulsa, OK

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

Katrina Washington, 2023
Owner, Stratos Realty Group, Oklahoma City, OK

Omaha Branch

Appointed by the Federal Reserve Bank

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

Zac Karpf, 2021
President, Platte Valley Bank, Scottsbluff, NE

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

Dwayne W. Sieck, 2023
Managing Principal, Farnam Street Real Estate Capital, Omaha, NE

Appointed by the Board of Governors

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

L. Javier Fernandez, 2022
President and Chief Executive Officer, Omaha Public Power District, Omaha, NE

Carmen Tapio, 2023
Owner, President, and Chief Executive Officer, North End Teleservices, LLC, Omaha, NE

District 11–Dallas

Covers the state of Texas; 26 parishes in northern Louisiana; and 18 counties in southern New Mexico.

For more information on this District and to learn more about the Federal Reserve Bank of Dallas's operations, visit https://www.dallasfed.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/dallasfinstmt2021.pdf.

Class A

Kelly A. Barclay, 2021
President and Chief Executive Officer, Ozona Bank, Wimberly, TX

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

Robert A. Hulsey, 2023
President and Chief Executive Officer, American National Bank of Texas, Terrell, TX

Class B

Renard U. Johnson, 2021
President and Chief Executive Officer, Management & Engineering Technologies International, Inc., El Paso, TX

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

Gerald B. Smith, 2023
Chairman and Chief Executive Officer, Smith, Graham & Company Investment Advisors, L.P., Houston, TX

Class C

Greg L. Armstrong, 2021
Retired Chairman and Chief Executive Officer, Plains All American Pipeline L.P., Houston, TX

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

Claudia Aguirre, 2023
President and Chief Executive Officer, BakerRipley, Houston, TX

El Paso Branch

Appointed by the Federal Reserve Bank

William Serrata, 2021
President, El Paso Community College, El Paso, TX

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

Jill Gutierrez, 2023
Director, Bank 34, Alamogordo, NM

Sally A. Hurt-Deitch, 2023
Senior Vice President of Operations, Ascension, El Paso, TX

Appointed by the Board of Governors

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

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

Vacancy, 2023

Houston Branch

Appointed by the Federal Reserve Bank

David Zalman, 2021
Chairman and Chief Executive Officer, Prosperity Bancshares, Houston, TX

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

Gina Luna, 2023
Chief Executive Officer, Luna Strategies, LLC, Houston, TX

Bhavesh V. Patel, 2023
Chief Executive Officer, LyondellBasell Industries, Houston, TX

Appointed by the Board of Governors

Vacancy, 2021

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

Ruth J. Simmons, 2023
President, Prairie View A&M University, Prairie View, TX

San Antonio Branch

Appointed by the Federal Reserve Bank

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

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

Veronica Muzquiz Edwards, 2023
Chief Executive Officer, InGenesis, Inc., San Antonio, TX

Tyson Tuttle, 2023
President and Chief Executive Officer, Silicon Labs, Austin, TX

Appointed by the Board of Governors

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

Denise M. Trauth, 2022
President, Texas State University,
San Marcos, TX

Paula Gold-Williams, 2023
President and Chief Executive Officer, CPS Energy, San Antonio, TX

District 12–San Francisco

Covers the states of Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington, and serves American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands.

For more information on this District and to learn more about the Federal Reserve Bank of San Francisco's operations, visit http://www.frbsf.org/. Information on economic conditions for this District can be found in the Federal Reserve System's Beige Book at https://www.federalreserve.gov/monetarypolicy/beige-book-default.htm. Also find the Reserve Bank's financial statements for 2021 at https://www.federalreserve.gov/aboutthefed/files/sanfranciscofinstmt2021.pdf.

Class A

Greg Becker, 2021
President and Chief Executive Officer, SVB Financial Group, Chief Executive Officer, Silicon Valley Bank, Santa Clara, CA

Vacancy, 2022

S. Randolph Compton, 2023
Co-Chair of the Board, Pioneer Trust Bank, N.A., Salem, OR

Class B

Arthur F. Oppenheimer, 2021
Chairman and Chief Executive Officer, Oppenheimer Companies, Inc., President, Oppenheimer Development Corporation, Boise, ID

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

Karen Lee, 2023
Chief Executive Officer, Pioneer Human Services, Seattle, WA

Class C

David P. White, 2021
Immediate Past Chief Executive Officer, Chief Negotiator and Strategic Advisor, SAG-AFTRA, Venture Partner, Ulu Ventures, Los Angeles, CA

Rosemary Turner, 2022
Retired President, North California District, United Parcel Service, Inc., Oakland, CA

Tamara L. Lundgren, 2023
Chairman, President, and Chief Executive Officer, Schnitzer Steel Industries, Inc., Portland, OR

Los Angeles Branch

Appointed by the Federal Reserve Bank

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

Jack Sinclair, 2021
Chief Executive Officer, Sprouts Farmers Market, Phoenix, AZ

Wayne Bradshaw, 2022
Chairman, Broadway Financial Corporation, Los Angeles, CA

Theresa Benelli, 2023
Executive Director, LISC Phoenix, Phoenix, AZ

Appointed by the Board of Governors

Anita V. Pramoda, 2021
Chief Executive Officer, Owned Outcomes, Las Vegas, NV

Mario Cordero, 2022
Executive Director, Port of Long Beach, Long Beach, CA

Carl J.P. Chang, 2023
Chief Executive Officer, Kairos Investment Management Company, Chairman of the Board, Pieology Pizzeria, Rancho Santa Margarita, CA

Portland Branch

Appointed by the Federal Reserve Bank

Stacey M.L. Dodson, 2021
Market President, Portland and Southwest Washington, U.S. Bank, Portland, OR

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

Hilary K. Krane, 2023
Executive Vice President, Chief Administrative Officer, and General Counsel, Nike, Inc., Beaverton, OR

Cheryl R. Nester Wolfe, 2023
President and Chief Executive Officer, Salem Health Hospital and Clinics, Salem, OR

Appointed by the Board of Governors

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

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

Graciela Gomez-Cowger, 2023
Chief Executive Officer, Schwabe, Williamson & Wyatt, Portland, OR

Salt Lake City Branch

Appointed by the Federal Reserve Bank

Lisa Ann Grow, 2021
President and Chief Executive Officer, IdaCorp & Idaho Power, Boise, ID

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

Jas Krdzalic, 2023
Executive Chairman, Bodybuilding.com, Boise, ID

Len E. Williams, 2023
President and Chief Executive Officer, Altabank, American Fork, UT

Appointed by the Board of Governors

O. Randall Woodbury, 2021
President and Chief Executive Officer, Woodbury Corporation, Salt Lake City, UT

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

Susan D. Morris, 2023
Executive Vice President and Chief Operations Officer, Albertsons Companies, Boise, ID

Seattle Branch

Appointed by the Federal Reserve Bank

Cheryl B. Fambles, 2021
Chief Executive Officer, Pacific Mountain Workforce Development Council, Tumwater, WA

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

Carol Gore, 2023
President and Chief Executive Officer, Cook Inlet Housing Authority, Anchorage, AK

Laura Lee Stewart, 2023
President and Chief Executive Officer, Sound Community Bank and Sound Financial Bancorporation, Seattle, WA

Appointed by the Board of Governors

West Mathison, 2021
President, Stemilt Growers, LLC, Wenatchee, WA

Sheila Edwards Lange, 2022
Chancellor, University of Washington, Tacoma, WA

John Wolfe, 2023
Chief Executive Officer, Northwest Seaport Alliance, Tacoma, WA

Reserve Bank and Branch Leadership

Each year, the Board of Governors designates one Class C director to serve as chair, and one Class C director to serve as deputy chair, of each Reserve Bank board. Reserve Banks also have a president and first vice president who are appointed by the Bank's Class C, and certain Class B, directors, subject to approval by the Board of Governors. Each Reserve Bank selects a chair for every Branch in its District from among the directors on the Branch board who were appointed by the Board of Governors. For each Branch, an officer from its Reserve Bank is also charged with the oversight of Branch operations.

Boston

Christina Hull Paxson, Chair

Corey Thomas, Deputy Chair

Kenneth C. Montgomery, Interim President and Chief Executive Officer, First Vice President

New York

Denise Scott, Chair

Rosa Gil, Deputy Chair

John C. Williams, President and Chief Executive Officer

Naureen Hassan, First Vice President

Additional office at East Rutherford, NJ

Philadelphia

Madeline Bell, Chair

Anthony Ibarguen, Deputy Chair

Patrick T. Harker, President
and Chief Executive Officer

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

Cleveland

Dwight E. Smith, Chair

Doris Carson Williams, Deputy Chair

Loretta J. Mester, President
and Chief Executive Officer

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

Cincinnati

Rachid Abdallah, Chair

Rick Kaglic, Vice President
and Senior Regional Officer

Pittsburgh

Dmitri D. Shiry, Chair

Mekael Teshome, Vice President and Senior Regional Officer

Richmond

Eugene A. Woods, Chair

Jodie McLean, Deputy Chair

Thomas I. Barkin, President and Chief Executive Officer

Becky Bareford, First Vice President and Chief Operating Officer

Baltimore

Kenneth R. Banks, Chair

Andy Bauer, Vice President and Baltimore Regional Executive

Charlotte

R. Glenn Sherrill, Jr, Chair

Matthew A. Martin, Senior Vice President and Charlotte Regional Executive

Atlanta

Elizabeth A. Smith, Chair

Claire Lewis Arnold, Deputy Chair

Raphael W. Bostic, President and Chief Executive Officer

André Anderson, First Vice President and Chief Operating Officer

Birmingham

Merrill H. Stewart, Jr., Chair

Anoop Mishra, Vice President
and Regional Executive

Jacksonville

Timothy P. Cost, Chair

Christopher L. Oakley, Vice President and Regional Executive

Miami

Michael A. Wynn, Chair

Karen Gilmore, Vice President and Regional Executive

Shari Bower, Vice President and Regional Executive

Nashville

Thomas Zacharia, Chair

Laurel Graefe, Vice President and Regional Executive

New Orleans

Michael E. Hicks, Jr., Chair

Adrienne C. Slack, Vice President and Regional Executive

Chicago

E. Scott Santi, Chair

Helene D. Gayle, MD, Deputy Chair

Charles L. Evans, President and Chief Executive Officer

Ellen Bromagen, First Vice President and Chief Operating Officer

Additional office at Des Moines, IA

Detroit

Joseph B. Anderson, Jr, Chair

Rick Mattoon, Vice President
and Regional Executive

St. Louis

Suzanne Sitherwood, Chair

James M. McKelvey, Jr., Deputy Chair

James B. Bullard, President
and Chief Executive Officer

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

Little Rock

Jamie Henry, Chair

Robert Hopkins, Senior Vice President and Regional Executive

Louisville

Emerson M. Goodwin, Chair

Nikki R. Lanier, Senior Vice President and Regional Executive

Memphis

Katherine Buckman Gibson, Chair

Douglas G. Scarboro, Senior Vice President and Regional Executive

Minneapolis

Srilata Zaheer, Chair

Harry D. Melander, Deputy Chair

Neel Kashkari, President and Chief Executive Officer

Ron J. Feldman, First Vice President

Helena

Bobbi Wolstein, Chair

Kansas City

Edmond Johnson, Chair

Patrick A. Dujakovich, Deputy Chair

Esther L. George, President
and Chief Executive Officer

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

Denver

Navin Dimond, Chair

Nicholas Sly, Assistant Vice President and Branch Executive

Oklahoma City

Tina Patel, Chair

Chad R. Wilkerson, Vice President and Branch Executive

Omaha

Kimberly A. Russel, Chair

Nathan Kauffman, Assistant Vice President and Branch Executive

Dallas

Greg L. Armstrong, Chair

Thomas J. Falk, Deputy Chair

Meredith N. Black, Interim President

Robert L. Triplett, III, First Vice President and Chief Operating Officer

El Paso

Tracy J. Yellen, Chair

Roberto A. Coronado, Senior Vice President in Charge

Houston

Darryl L. Wilson, Chair

Daron D. Peschel, Senior Vice President in Charge

San Antonio

Jesús Garza, Chair

Roberto A. Coronado, Senior Vice President in Charge

San Francisco

Rosemary Turner, Chair

Tamara L. Lundgren, Deputy Chair

Mary C. Daly, President and Chief Executive Officer

Sarah Devany, First Vice President and Chief Operating Officer

Additional office at Phoenix, AZ

Los Angeles

Anita V. Pramoda, Chair

Qiana Charles, Vice President and Regional Executive

Portland

Anne C. Kubisch, Chair

Ian Galloway, Vice President and Regional Executive

Salt Lake City

Russell A. Childs, Chair

Becky Potts, Vice President and Regional Executive

Seattle

West Mathison, Chair

Darlene Wilczynski, Vice President and Regional Executive

Leadership Conferences

Conference of Chairs

The chairs of the Federal Reserve Banks are organized into the Conference of Chairs, which meets to consider matters of common interest and to consult with and advise the Board of Governors. Such meetings, also attended by the deputy chairs, were held in Washington, D.C., on May 4 and 5, 2021, and November 16 and 17, 2021. The conference's executive committee members for 2021 are listed below.⁸

Conference of Chairs Executive Committee—2021

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

Elizabeth A. Smith, Vice Chair,
Federal Reserve Bank of Atlanta

Eugene A. Woods, Member,
Federal Reserve Bank of Richmond

Conference of Presidents

The presidents of the Federal Reserve Banks are organized into the Conference of Presidents, which meets periodically to identify, define, and deliberate issues of strategic significance to the Federal Reserve System; to consider matters of common interest; and to consult with and advise the Board of Governors. The chief executive officer of each Reserve Bank was originally labeled governor and did not receive the title of president until the passage of the Banking Act of 1935. Consequently, when the Conference was first established in 1914 it was known as the Conference of Governors. Conference officers for 2021 are listed below.

Conference of Presidents—2021

James B. Bullard, Chair,
Federal Reserve Bank of St. Louis

John C. Williams, Vice Chair,
Federal Reserve Bank of New York

Douglas Scarboro, Secretary,
Federal Reserve Bank of St. Louis

Tasnim F. Battles, Assistant Secretary, Federal Reserve Bank of New York

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 2021 are listed below.⁹

Conference of First Vice Presidents—2021

James Narron, Chair,
Federal Reserve Bank of Philadelphia

Ron Feldman, Vice Chair,
Federal Reserve Bank of Minneapolis

Josh Silverstein, Secretary,
Federal Reserve Bank of Philadelphia

Jamica Quillin, Assistant Secretary, Federal Reserve Bank of Minneapolis

Footnotes