Federal Reserve Bank of Chicago
Charles L. Evans

Charles L. Evans
President
Federal Reserve Bank of Chicago

Charles L. Evans took office on September 1, 2007, as the ninth president and chief executive officer of the Seventh District Federal Reserve Bank, at Chicago. In 2017, he serves as a voting member of the Federal Open Market Committee.

Before becoming president, Dr. Evans was director of research and a senior vice president at the Chicago Fed. In that capacity he oversaw the Bank's research in monetary policy, banking and financial markets, and regional economics. In addition, he had supervisory responsibility for the Bank's Consumer and Community Affairs unit and the Public Affairs Department. Dr. Evans also served as an associate economist on the FOMC.

Prior to his appointment as research director, Dr. Evans was a vice president and senior economist in the Economic Research Department with responsibility for the macroeconomics research group. His research has focused on measuring the effects of monetary policy on U.S. economic activity, inflation, and financial market prices. His research has been published in the Journal of Political Economy, American Economic Review, Journal of Monetary Economics, Quarterly Journal of Economics, and the Handbook of Macroeconomics.

Dr. Evans has taught at the University of Chicago and the University of Michigan. Prior to joining the Chicago Fed in 1991, he was an assistant professor of economics at the University of South Carolina.

Dr. Evans received a B.A. in economics from the University of Virginia and a Ph.D. in economics from Carnegie-Mellon University in Pittsburgh.

He is married and has two children.

Bank Location

230 South LaSalle Street
Chicago, IL 60604
(312) 322-5322
Visitor Information
Money Museum

Head office at Chicago, Illinois.

Branch Bank at Detroit, Michigan.

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.

Website: https://www.chicagofed.org/

Chicago district map

Branches

Detroit
1600 East Warren Avenue, Detroit, MI 48207-1063
P.O. Box 1059, Detroit, MI 48231
(313) 961-6880


List of Directors
Class A
Name Title Term expires
December 31
David W. Nelms Chairman and Chief Executive Officer
Discover Financial Services
Riverwoods, Illinois
2017
William M. Farrow President and Chief Executive Officer
Urban Partnership Bank
Chicago, Illinois
2018
Abram A. Tubbs Chairman and Chief Executive Officer
Ohnward Bank & Trust
Cascade, Iowa
2019

 

 

Class B
Name Title Term expires
December 31
Nelda J. Connors Chairwoman and Chief Executive Officer
Pine Grove Holdings, LLC
Chicago, Illinois
2017
Susan M. Collins Joan and Sanford Weill Dean of Public Policy
University of Michigan
Ann Arbor, Michigan
2018
Jorge Ramirez President
Chicago Federation of Labor
Chicago, Illinois
2019
Class C
Name Title Term expires
December 31
E. Scott Santi
(Deputy Chair)
Chairman and Chief Executive Officer
Illinois Tool Works Inc.
Glenview, Illinois
2017
Greg Brown Chairman and Chief Executive Officer
Motorola Solutions, Inc.
Chicago, Illinois
2018
Anne R. Pramaggiore
(Chair)
President and Chief Executive Officer
ComEd
Chicago, Illinois
2019

DETROIT BRANCH

Appointed by the Federal Reserve Bank:
Name Title Term expires
December 31
Sandra E. Pierce Chairman & Senior Executive Vice President, Private Client Group and Regional Banking Director
Huntington Michigan
Southfield, Michigan
2017
Sandy K. Baruah President and Chief Executive Officer
Detroit Regional Chamber
Detroit, Michigan
2017
Rip Rapson President and Chief Executive Officer
The Kresge Foundation
Troy, Michigan
2018
Joseph B. Anderson, Jr. Chairman and Chief Executive Officer
TAG Holdings, LLC
Wixom, Michigan
2019
Appointed by the Board of Governors:
Name Title Term expires
December 31
Michael L. Seneski
(Chair)
Director, Corporate Strategy
Ford Motor Company
Dearborn, Michigan
2017
Wright L. Lassiter, III President and Chief Executive Officer
Henry Ford Health System
Detroit, Michigan
2018
Linda P. Hubbard President and Chief Operating Officer
Carhartt, Inc.
Dearborn, Michigan
2019
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Last Update: October 02, 2017