Federal Reserve Bank of Philadelphia
Patrick T. Harker

Patrick T. Harker
Federal Reserve Bank of Philadelphia

Patrick T. Harker took office on July 1, 2015, as the 11th president and chief executive officer of the Third District, Federal Reserve Bank of Philadelphia. In 2022, he serves as an alternate voting member of the Federal Open Market Committee.

Before taking office at the Federal Reserve Bank of Philadelphia, Dr. Harker served as the 26th president of the University of Delaware. He was also a professor of business administration at the university's Alfred Lerner College of Business and Economics and a professor of civil and environmental engineering at the College of Engineering.

Before joining the University of Delaware in 2007, he was dean and reliance professor of management and private enterprise at the Wharton School of the University of Pennsylvania. Prior to being appointed dean in 2000, Dr. Harker served as the Wharton School's interim dean and deputy dean as well as the chair of its operations and information management department. In 1991, he was the youngest faculty member in Wharton's history to be awarded an endowed professorship as UPS Transportation Professor of the Private Sector. He has published/edited nine books and more than 100 professional articles. From 1996 to 1999, he served as editor-in-chief of the journal Operations Research.

In 2012, Dr. Harker was named a fellow of the Institute for Operations Research and the Management Sciences and a charter fellow of the National Academy of Inventors. He was also named a White House fellow by President George H.W. Bush in 1991 and served as a special assistant to FBI Director William S. Sessions from 1991-1992.

Dr. Harker serves as a member of the Select Operating Committee of Select Greater Philadelphia. He previously served on the boards of Catholic Relief Services, Pepco Holdings, Inc., and Huntsman Corporation, and was a founding member of the board of advisers for Decision Lens, Inc. Dr. Harker was also a nonbanking Class B director of the Philadelphia Fed from 2012 to 2015.

Dr. Harker was born on November 19, 1958, in Camden, New Jersey. He has an MSE and BSE in civil engineering, an MA in economics, and a PhD in civil and urban engineering, all from the University of Pennsylvania.

Bank Location

Ten Independence Mall
Philadelphia, PA 19106
(215) 574-6000
Visitor Information
Money in Motion Exhibit

Head office at Philadelphia, Pennsylvania.

No branches.

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

Website: https://www.philadelphiafed.org/

Philadelphia district map

List of Directors
Class A
Name Title Term expires
December 31
Randall E. Black President and Chief Executive Officer
Citizens Financial Services Inc. and First Citizen’s Community Bank
Mansfield, Pennsylvania
Timothy Snyder President and Chief Executive Officer
Fleetwood Bank
Fleetwood, Pennsylvania
Christopher D. Maher Chairman and Chief Executive Officer
OceanFirst Bank, N.A.
Toms River, New Jersey
Class B
Name Title Term expires
December 31
Bret S. Perkins Senior Vice President, External and Government Affairs
Comcast Corporation
Philadelphia, Pennsylvania
Julia H. Klein Chairwoman and Chief Executive Officer
C. H. Briggs Company
Reading, Pennsylvania
John Fry President
Drexel University
Philadelphia, Pennsylvania
Class C
Name Title Term expires
December 31
William Lo President
Crystal Steel Fabricators, Inc.
Delmar, Delaware
Sharmain Matlock-Turner
(Deputy Chair)
President and Chief Executive Officer
Urban Affairs Coalition
Philadelphia, Pennsylvania
Anthony Ibargüen
Chief Executive Officer
Quench USA, Inc.
King of Prussia, Pennsylvania

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Last Update: January 27, 2023