Annual Report 2014
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.
Board of Governors
In this Section:
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 Chairman 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 2014. For a full listing of Board members from 1914 through the present, visit www.federalreserve.gov/aboutthefed/bios/board/boardmembership.htm.
Janet L. Yellen
Chair (as of February 2014; previously, Vice Chair)
Ben S. Bernanke
Chairman (through January 2014)
Stanley Fischer
Vice Chairman (as of June 2014; previously, Member)
Daniel K. Tarullo
Sarah Bloom Raskin
(resigned as of March 2014)
Jeremy C. Stein
(resigned as of May 2014)
Jerome H. Powell
Lael Brainard (as of June 2014)
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
Director
Linda L. Robertson
Assistant to the Board
Lucretia M. Boyer
Assistant to the Board
David W. Skidmore
Assistant to the Board
Jennifer Gallagher
Special Assistant to the Board for Congressional Liaison
Trevor A. Reeve
Special Adviser to the Chair
Winthrop P. Hambley
Senior Adviser
Adrienne D. Hurt
Adviser
Legal Division
Scott G. Alvarez
General Counsel
Richard M. Ashton
Deputy General Counsel
Kathleen M. O'Day
Deputy General Counsel
Stephanie Martin
Associate General Counsel
Laurie S. Schaffer
Associate General Counsel
Katherine H. Wheatley
Associate General Counsel
Jean C. Anderson
Assistant General Counsel
Alison M. Thro
Assistant General Counsel
Cary K. Williams
Assistant General Counsel
Office of the Secretary
Robert deV. Frierson
Secretary
Margaret M. Shanks
Deputy Secretary
Michael J. Lewandowski
Associate Secretary
Michele T. Fennell
Assistant Secretary
Division of International Finance
Steven B. Kamin
Director
Thomas A. Connors
Deputy Director
Michael P. Leahy
Deputy Director
Christopher J. Erceg
Senior Associate Director
David H. Bowman
Associate Director
Mark S. Carey
Associate Director
Charles P. Thomas
Associate Director
Beth Anne Wilson
Associate Director
Shaghil Ahmed
Deputy Assistant Director
Joseph W. Gruber
Deputy Assistant Director
James A. Dahl
Assistant Director
Sally M. Davies
Senior Adviser
Brian M. Doyle
Senior Adviser
Jane Haltmaier
Senior Adviser
John H. Rogers
Senior Adviser
Office of Financial Stability Policy and Research
J. Nellie Liang
Director
Andreas W. Lehnert
Deputy Director
Michael T. Kiley
Senior Associate Director
Rochelle M. Edge
Deputy Associate Director
John W. Schindler
Assistant Director
Division of Monetary Affairs
William B. English
Director
James A. Clouse
Deputy Director
Stephen A. Meyer
Deputy Director
William R. Nelson
Deputy Director
Fabio M. Natalucci
Associate Director
Gretchen C. Weinbach
Associate Director
Egon Zakrajsek
Associate Director
William F. Bassett
Deputy Associate Director
Margaret G. DeBoer
Deputy Associate Director
Jane E. Ihrig
Deputy Associate Director
J. David Lopez-Salido
Deputy Associate Director
Matthew M. Luecke
Assistant Director
Edward M. Nelson
Assistant Director
Min Wei
Assistant Director
Ellen E. Meade
Senior Adviser
Joyce K. Zickler
Senior Adviser
Mary T. Hoffman
Adviser
Robert J. Tetlow
Adviser
Division of Research and Statistics
David W. Wilcox
Director
Matthew J. Eichner
Deputy Director
Janice Shack-Marquez
Deputy Director
William L. Wascher III
Deputy Director
Daniel M. Covitz
Associate Director
Eric M. Engen
Associate Director
Diana Hancock
Associate Director
Heinrich T. Laubach
Associate Director
David E. Lebow
Associate Director
Michael G. Palumbo
Associate Director
Sean D. Campbell
Deputy Associate Director
Jeffrey C. Campione
Deputy Associate Director
Joshua H. Gallin
Deputy Associate Director
Elizabeth K. Kiser
Deputy Associate Director
John J. Stevens
Deputy Associate Director
Stacey Tevlin
Deputy Associate Director
Stephanie R. Aaronson
Assistant Director
Glenn R. Follette
Assistant Director
Erik A. Heitfield
Assistant Director
Arthur B. Kennickell
Assistant Director
John M. Roberts
Assistant Director
John E. Sabelhaus
Assistant Director
Steven A. Sharpe
Assistant Director
Shane M. Sherlund
Assistant Director
Paul A. Smith
Assistant Director
Kristin M. Vajs
Assistant Director
Glenn B. Canner
Senior Adviser
Michael Cringoli
Senior Adviser
Wayne Passmore
Senior Adviser
Robin A. Prager
Senior Adviser
Jeremy Rudd
Senior Adviser
Eric C. Engstrom
Adviser
Patrick C. McCabe
Adviser
Karen M. Pence
Adviser
Division of Banking Supervision and Regulation
Michael S. Gibson
Director
Maryann F. Hunter
Deputy Director
Mark E. Van Der Weide
Deputy Director
Barbara J. Bouchard
Senior Associate Director
Timothy P. Clark
Senior Associate Director
Jack P. Jennings II
Senior Associate Director
Arthur W. Lindo
Senior Associate Director
Peter J. Purcell
Senior Associate Director
William G. Spaniel
Senior Associate Director
Todd A. Vermilyea
Senior Associate Director
Kevin M. Bertsch
Associate Director
Nida Davis
Associate Director
Christopher Finger
Associate Director
Ann Misback
Associate Director
Richard A. Naylor II
Associate Director
Lisa H. Ryu
Associate Director
Michael J. Sexton
Associate Director
Michael D. Solomon
Associate Director
Mary L. Aiken
Deputy Associate Director
Jeffery W. Gunther
Deputy Associate Director
Anna L. Hewko
Deputy Associate Director
Michael J. Hsu
Deputy Associate Director
Steven P. Merriett
Deputy Associate Director
Nancy J. Perkins
Deputy Associate Director
Tameika L. Pope
Deputy Associate Director
Richard C. Watkins
Deputy Associate Director
Robert T. Ashman
Assistant Director
Adrienne T. Haden
Assistant Director
Constance Horsley
Assistant Director
Ryan P. Lordos
Assistant Director
David K. Lynch
Assistant Director
Robert T. Maahs
Assistant Director
Thomas K. Odegard
Assistant Director
Catherine A. Piche
Assistant Director
Laurie F. Priest
Assistant Director
Suzanne L. Williams
Assistant Director
Sarkis D. Yoghourtdjian
Assistant Director
Norah M. Barger
Senior Adviser
David S. Jones
Senior Adviser
John Beebe
Adviser
Keith A. Ligon
Adviser
Molly E. Mahar
Adviser
William F. Treacy
Adviser
Division of Consumer and Community Affairs
Eric S. Belsky
Director
Tonda E. Price
Deputy Director
Anna Alvarez Boyd
Senior Associate Director
Suzanne G. Killian
Senior Associate Director
Allen J. Fishbein
Associate Director
James A. Michaels
Associate Director
Joseph A. Firschein
Deputy Associate Director
David E. Buchholz
Assistant Director
Carol A. Evans
Assistant Director
Phyllis L. Harwell
Assistant Director
Marisa A. Reid
Assistant Director
Division of Reserve Bank Operations and Payment Systems
Louise L. Roseman
Director
Jeffrey C. Marquardt
Deputy Director
Susan V. Foley
Senior Associate Director
Kenneth D. Buckley
Associate Director
Gregory L. Evans
Associate Director
Michael J. Lambert
Associate Director
Paul W. Bettge
Associate Director
Lisa K. Hoskins
Deputy Associate Director
Jennifer A. Lucier
Deputy Associate Director
Stuart E. Sperry
Deputy Associate Director
Shaun E. Ferrari
Assistant Director
Timothy W. Maas
Assistant Director
David C. Mills
Assistant Director
Lawrence E. Mize
Assistant Director
Lorelei W. Pagano
Assistant Director
Jeffrey D. Walker
Assistant Director
Office of the Chief Operating Officer
Donald V. Hammond
Chief Operating Officer
Micheline M. Casey
Chief Data Officer
Michael Kraemer
Deputy Chief Data Officer
Sheila Clark
Diversity and Inclusion Programs Director
Jeff Monica
Assistant Director
Division of Financial Management
William L. Mitchell
Director and Chief Financial Officer
Patrick J. McClanahan
Deputy Director and Controller
Christine M. Fields
Associate Director
Jeffrey R. Peirce
Deputy Associate Director
Christopher J. Suma
Assistant Director
Karen L. Vassallo
Assistant Director
Management Division
Michell C. Clark
Director
David J. Capp
Deputy Director
David J. Harmon
Deputy Director
Marie S. Savoy
Senior Associate Director
Tara Tinsley-Pelitere
Associate Director
Keith F. Bates
Assistant Director
Curtis B. Eldridge
Assistant Director and Chief
Jeffrey A. Martin
Assistant Director
Reginald V. Roach
Assistant Director
Carol A. Sanders
Assistant Director
Theresa A. Trimble
Assistant Director
Todd A. Glissman
Senior Adviser
Division of Information Technology
Sharon L. Mowry
Director
Wayne A. Edmondson
Deputy Director
Lisa M. Bell
Associate Director
Raymond Romero
Associate Director
Kofi A. Sapong
Associate Director
William Dennison
Deputy Associate Director
Glenn S. Eskow
Deputy Associate Director
Marietta Murphy
Deputy Associate Director
Kassandra Arana Quimby
Deputy Associate Director
Sheryl Lynn Warren
Deputy Associate Director
Rajasekhar R. Yelisetty
Deputy Associate Director
Can Xuan Nguyen
Assistant Director
Theresa C. Palya
Assistant Director
Virginia M. Wall
Assistant Director
Edgar Wang
Assistant Director
Charles B. Young II
Assistant Director
Tillena G. Clark
Adviser
Office of Inspector General
Mark Bialek
Inspector General
James A. Ogden
Deputy Inspector General
Jacqueline M. Becker
Associate Inspector General
Elise M. Ennis
Associate Inspector General
Melissa M. Heist
Associate Inspector General
Andrew Patchan Jr.
Associate Inspector General
Lawrence K. Valett
Associate Inspector General
Alberto Rivera-Fournier
Assistant Inspector General
Federal Open Market Committee
In this Section:
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 2014, the Federal Open Market Committee held eight regularly scheduled meetings and one unscheduled meeting (see section 9, "Minutes of Federal Open Market Committee Meetings").
Janet L. Yellen
Chair (as of February 2014; previously, Member), Board of Governors
Ben S. Bernanke
Chairman, Board of Governors (through January 2014)
William C. Dudley
Vice Chairman, President, Federal Reserve Bank of New York
Lael Brainard
Member, Board of Governors (as of June 2014)
James Bullard
President, Federal Reserve Bank of St. Louis
Stanley Fischer
Member, Board of Governors (as of May 2014)
Esther L. George
President, Federal Reserve Bank of Kansas City
Loretta J. Mester
President (as of June 2014; previously, Associate Economist), Federal Reserve Bank of Cleveland
Sandra Pianalto
President, Federal Reserve Bank of Cleveland (through May 2014)
Jerome H. Powell
Member, Board of Governors
Sarah Bloom Raskin
Member, Board of Governors (resigned March 13, 2014)
Eric Rosengren
President, Federal Reserve Bank of Boston
Jeremy C. Stein
Member, Board of Governors (resigned May 28, 2014)
Daniel K. Tarullo
Member, Board of Governors
Alternate Members
Christine M. Cumming
First Vice President, Federal Reserve Bank of New York
Charles L. Evans
President, Federal Reserve Bank of Chicago
Jeffrey M. Lacker
President, Federal Reserve Bank of Richmond
Dennis P. Lockhart
President, Federal Reserve Bank of Atlanta
John C. Williams
President, Federal Reserve Bank of San Francisco
Officers
William B. English
Secretary and Economist
Matthew M. Luecke
Deputy Secretary
Michelle A. Smith
Assistant Secretary
Scott G. Alvarez
General Counsel
Thomas C. Baxter
Deputy General Counsel
Richard M. Ashton
Assistant General Counsel
Steven B. Kamin
Economist
David W. Wilcox
Economist
James A. Clouse
Associate Economist
Thomas A. Connors
Associate Economist
Evan F. Koenig
Associate Economist
Thomas Laubach
Associate Economist
Michael P. Leahy
Associate Economist
Loretta J. Mester
Associate Economist (through May 2014)
Paolo A. Pesenti
Associate Economist
Samuel Schulhofer-Wohl
Associate Economist
Mark E. Schweitzer
Associate Economist
William Wascher
Associate Economist
Simon Potter
Manager, System Open Market Account
Lorie K. Logan
Deputy Manager, System Open Market Account
Board of Governors Advisory Councils
In this Section:
The Federal Reserve Board uses advisory committees in carrying out its varied responsibilities. To learn more, visit 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. Two members of the council serve as its president and vice president. The Federal Reserve Act requires the council to meet in Washington, D.C., at least four times a year. In 2014, the council met on February 6-7, May 8-9, September 18-19, and December 4-5. The council met with the Board on February 7, May 9, September 19, and December 5, 2014.
Members
District 1
Richard E. Holbrook
Chairman and Chief Executive Officer, Eastern Bank Corporation, Boston, MA
District 2
James P. Gorman
Chairman and Chief Executive Officer, Morgan Stanley, New York, NY
District 3
Scott V. Fainor
President and Chief Executive Officer, National Penn Bancshares, Inc., Allentown, PA
District 4
Paul G. Greig
Chairman, President, and Chief Executive Officer, FirstMerit Corporation, Akron, OH
District 5
Kelly S. King
Chairman and Chief Executive Officer, BB&T Corporation,Winston-Salem, NC
District 6
O.B. Grayson Hall Jr.
Chairman, President, and Chief Executive Officer, Regions Financial Corporation, Birmingham, AL
District 7
David W. Nelms
Chairman and Chief Executive Officer, Discover Financial Services, Riverwoods, IL
District 8
Ronald J. Kruszewski
Chairman, President, and Chief Executive Officer, Stifel Financial Corp., St. Louis, MO
District 9
Patrick J. Donovan
President and Chief Executive Officer, Bremer Financial Corporation, St. Paul, MN
District 10
Jonathan M. Kemper
Chairman and Chief Executive Officer, Commerce Bank, N.A. (Kansas City), Kansas City, MO
District 11
Ralph W. Babb Jr.
Chairman and Chief Executive Officer, Comerica Inc. and Comerica Bank, Dallas, TX
District 12
J. Michael Shepherd
Chairman and Chief Executive Officer, Bank of the West and BancWest Corporation, San Francisco, CA
Officers
J. Michael Shepherd
President
David W. Nelms
Vice President
Community Depository Institutions Advisory Council
The Community Depository Institutions Advisory Council advises the Board of Governors on the economy, leading 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. Two members of the council serve as its president and vice president. The council usually meets with the Board twice a year in Washington, D.C. In 2014, the council met on April 4 and November 7.
Members
District 1
Chandler J. Howard
President and Chief Executive Officer, Liberty Bank, Middletown, CT
District 2
Michael J. Castellana
President and Chief Executive Officer, SEFCU, Albany, NY
District 3
Dennis D. Cirucci
President and Chief Executive Officer, Alliance Bank, Broomall, PA
District 4
Eddie L. Steiner
President and Chief Executive Officer, The Commercial and Savings Bank of Millersburg, Ohio, Millersburg, OH
District 5
Jan Roche
President and Chief Executive Officer, State Department FCU, Alexandria, VA
District 6
Douglas L. Williams
President and Chief Executive Officer, Atlantic Capital Bank, Atlanta, GA
District 7
Timothy G. Marshall
President and Chief Executive Officer, Bank of Ann Arbor, Ann Arbor, MI
District 8
Glenn D. Barks
President and Chief Executive Officer, First Community Credit Union, Chesterfield, MO
District 9
Brian L. Johnson
Chief Executive Officer, Choice Financial Group, Grand Forks, ND
District 10
John B. Dicus
Chairman, President, and Chief Executive Officer, Capitol Federal Savings Bank, Topeka, KS
District 11
Drake Mills
President and Chief Executive Officer, Community Trust Bank, Ruston, LA
District 12
John V. Evans Jr.
Chief Executive Officer, D.L. Evans Bank, Burley, ID
Officers
Drake Mills
President
John B. Dicus
Vice President
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
Allan Timmermann, Chair (as of August 2014; previously, Member)
Professor, University of California at San Diego
Mark Flannery, Chair
Professor, University of Florida (resigned July 2014)
Peter Christoffersen
Professor, University of Toronto
Philippe Jorion
Professor, University of California at Irvine
Chester Spatt
Professor, Carnegie Mellon University
Philip Strahan
Professor, Boston College (as of October 2014)
Nancy Wallace
Professor, University of California at Berkeley
Federal Reserve Banks and Branches
In this Section:
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 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.
District 1-Boston
Class A
Kathryn G. Underwood, 2014
President and Chief Executive Officer, Ledyard National Bank, Hanover, NH
Peter L. Judkins, 2015
President and Chief Executive Officer, Franklin Savings Bank, Farmington, ME
Joseph L. Hooley, 2016
Chairman and Chief Executive Officer, State Street Corporation, Boston, MA
Class B
Gary L. Gottlieb, 2014
President and Chief Executive Officer, Partners HealthCare System, Inc., Boston, MA
Roger S. Berkowitz, 2015
President and Chief Executive Officer, Legal Sea Foods, LLC, Boston, MA
Laura J. Sen, 2016
President and Chief Executive Officer, BJ's Wholesale Club, Inc., Westborough, MA
Class C
William D. Nordhaus, 2014
Sterling Professor of Economics, Yale University, New Haven, CT
Catherine D'Amato, 2015
President and Chief Executive Officer, The Greater Boston Food Bank, Boston, MA
John F. Fish, 2016
Chairman and Chief Executive Officer, Suffolk Construction Company, Inc., Boston, MA
District 2-New York
Class A
Paul P. Mello, 2014
President and Chief Executive Officer, Solvay Bank, Solvay, NY
Richard L. Carrión, 2015
Chairman and Chief Executive Officer, Popular, Inc., San Juan, PR
Gerald H. Lipkin, 2016
Chairman, President, and Chief Executive Officer, Valley National Bank, Wayne, NJ
Class B
Terry J. Lundgren, 2014
Chairman and Chief Executive Officer, Macy's, Inc., New York, NY
Glenn H. Hutchins, 2015
Co-Founder, Silver Lake, New York, NY
David M. Cote, 2016
Chairman and Chief Executive Officer, Honeywell International Inc., Morristown, NJ
Class C
Emily K. Rafferty, 2014
President, The Metropolitan Museum of Art, New York, NY
Sara Horowitz, 2015
Executive Director, Freelancers Union, Brooklyn, NY
Marc Tessier-Lavigne, 2016
President, The Rockefeller University, New York, NY
District 3-Philadelphia
Class A
Frederick C. Peters II, 2014
Chairman and Chief Executive Officer, Bryn Mawr Trust Company, Bryn Mawr, PA
David R. Hunsicker, 2015
Chairman, President, and Chief Executive Officer, New Tripoli Bank, New Tripoli, PA
William S. Aichele, 2016
Chairman, Univest Corporation of Pennsylvania, Souderton, PA
Class B
Patrick T. Harker, 2014
President, University of Delaware, Newark, DE
Rosemary Turner, 2015
President, UPS-North California District, Oakland, CA
Edward J. Graham, 2016
Chairman and Chief Executive Officer, South Jersey Industries, Folsom, NJ
Class C
Michael J. Angelakis, 2014
Vice Chairman and Chief Financial Officer, Comcast Corporation, Philadelphia, PA
James E. Nevels, 2015
Founder and Chairman, The Swarthmore Group, Philadelphia, PA
Brian McNeill, 2016
President and Chief Executive Officer, TouchPoint, Inc., Concordville, PA
District 4-Cleveland
Class A
Todd A. Mason, 2014
President and Chief Executive Officer, First National Bank of Pandora, Pandora, OH
Claude E. Davis, 2015
Chairman and Chief Executive Officer, First Financial Bancorp, Cincinnati, OH
Kevin T. Kabat, 2016
Vice Chairman and Chief Executive Officer, Fifth Third Bancorp, Cincinnati, OH
Class B
Tilmon F. Brown, 2014
Chief Executive Officer, New Horizons Baking Company, Norwalk, OH
Susan Tomasky, 2015
Energy Consultant and Former President, AEP Transmission, Columbus, OH
Hal Keller, 2016
President, Ohio Capital Corporation for Housing, Columbus, OH
Class C
John P. Surma, 2014
Retired Chairman and Chief Executive Officer, United States Steel Corporation, Pittsburgh, PA
Richard K. Smucker, 2015
Chief Executive Officer, The J.M. Smucker Company, Orrville, OH
Christopher M. Connor, 2016
Chairman and Chief Executive Officer, The Sherwin-Williams Company, Cleveland, OH
Cincinnati Branch
Appointed by the Federal Reserve Bank
Gregory B. Kenny, 2014
President and Chief Executive Officer, General Cable Corporation, Highland Heights, KY
Amos L. Otis, 2014
Founder, President, and Chief Executive Officer, SoBran, Inc., Dayton, OH
Donald E. Bloomer, 2015
President and Chief Executive Officer, Citizens National Bank, Somerset, KY
Austin W. Keyser, 2016
Midwest Regional Director, AFL-CIO, Columbus, OH
Appointed by the Board of Governors
Deborah A. Feldman, 2014
President and Chief Executive Officer, Dayton Children's Hospital, Dayton, OH
Charles H. Brown, 2015
Vice President and Secretary, Toyota Motor Engineering and Manufacturing, North America, Erlanger, KY
Valarie L. Sheppard, 2016
Senior Vice President, Comptroller, and Treasurer, The Procter & Gamble Company, Cincinnati, OH
Pittsburgh Branch
Appointed by the Federal Reserve Bank
Petra Mitchell, 2014
President, Catalyst Connection, Pittsburgh, PA
Sean McDonald, 2014
President and Chief Executive Officer, Precision Therapeutics, Inc., Pittsburgh, PA
Grant Oliphant, 2015
President, The Heinz Endowments, Pittsburgh, PA
Robert P. Oeler, 2016
President and Chief Executive Officer, Dollar Bank, Pittsburgh, PA
Appointed by the Board of Governors
Charles L. Hammel III, 2014
President, PITT OHIO, Pittsburgh, PA
Dawne S. Hickton, 2015
Vice Chair, President, and Chief Executive Officer, RTI International Metals, Inc., Pittsburgh, PA
Doris Carson Williams, 2016
President and Chief Executive Officer, African American Chamber of Commerce, Western Pennsylvania, Pittsburgh, PA
District 5-Richmond
Class A
Edward L. Willingham IV, 2014
Chief Operating Officer, First Citizens Bank and First Citizens BancShares, Inc., Raleigh, NC
Brad E. Schwartz, 2015
Chief Executive Officer, Monarch Bank and Monarch Financial Holdings, Inc., Chesapeake, VA
C. Richard Miller Jr., 2016
President and Chief Executive Officer, Woodsboro Bank, Woodsboro, MD
Class B
Marshall O. Larsen, 2014
Retired Chairman, President, and Chief Executive Officer, Goodrich Corporation, Charlotte, NC
Wilbur E. Johnson, 2015
Managing Partner, Young Clement Rivers, LLP, Charleston, SC
Charles R. Patton, 2016
President and Chief Operating Officer, Appalachian Power Company, Charleston, WV
Class C
Linda D. Rabbitt, 2014
Chairman and Chief Executive Officer, Rand Construction Corporation, Washington, DC
Russell C. Lindner, 2015
Chairman and Chief Executive Officer, The Forge Company, Washington, DC
Margaret G. Lewis, 2016
Retired President, HCA Capital Division, Richmond, VA
Baltimore Branch
Appointed by the Federal Reserve Bank
Richard Bernstein, 2014
President and Chief Executive Officer, LWRC International, LLC, Cambridge, MD
Anita G. Newcomb, 2015
President, A. G. Newcomb & Co., Columbia, MD
Christopher J. Estes, 2015
President and Chief Executive Officer, National Housing Conference, Washington, DC
Mary Ann Scully, 2016
Chairman, President, and Chief Executive Officer, Howard Bancorp, Ellicott City, MD
Appointed by the Board of Governors
Jenny G. Morgan, 2014
President and Chief Executive Officer, basys, inc., Linthicum, MD
Stephen R. Sleigh, 2015
Fund Director, IAM National Pension Fund, Washington, DC
Samuel L. Ross, 2016
Chief Executive Officer, Bon Secours Baltimore Health System, Baltimore, MD
Charlotte Branch
Appointed by the Federal Reserve Bank
Paul E. Szurek, 2014
Chief Financial Officer, Biltmore Farms, LLC, Asheville, NC
John S. Kreighbaum, 2015
Former President and Chief Executive Officer, Carolina Premier Bank and Premara Financial, Inc., Charlotte, NC
Lucia Z. Griffith, 2015
Chief Executive Officer and Principal, METRO Landmarks, Charlotte, NC
Robert R. Hill Jr., 2016
Chief Executive Officer, South State Bank and South State Corporation, Columbia, SC
Appointed by the Board of Governors
Claude Z. Demby, 2014
Vice President of Business Development, Cree, Inc., Durham, NC
Laura Y. Clark, 2015
Executive Director, Renaissance West Community Initiative, Charlotte, NC
Elizabeth A. Fleming, 2016
President, Converse College, Spartanburg, SC
District 6-Atlanta
Class A
William H. Rogers Jr., 2014
Chairman and Chief Executive Officer, SunTrust Banks, Inc., Atlanta, GA
Gerard R. Host, 2015
President and Chief Executive Officer, Trustmark Corporation, Jackson, MS
T. Anthony Humphries, 2016
President and Chief Executive Officer, NobleBank & Trust, Anniston, AL
Class B
Renée Lewis Glover, 2014
Former President and Chief Executive Officer, Atlanta Housing Authority, Atlanta, GA
Clarence Otis Jr., 2015
Former Chairman and Chief Executive Officer, Darden Restaurants, Inc., Orlando, FL
José S. Suquet, 2016
Chairman, President, and Chief Executive Officer, Pan-American Life Insurance Group,
New Orleans, LA
Class C
Thomas I. Barkin, 2014
Director, McKinsey & Company, Atlanta, GA
Thomas A. Fanning, 2015
Chairman, President, and Chief Executive Officer, Southern Company, Atlanta, GA
Michael J. Jackson, 2016
Chairman and Chief Executive Officer, AutoNation, Inc., Ft. Lauderdale, FL
Birmingham Branch
Appointed by the Federal Reserve Bank
Macke B. Mauldin, 2014
President, Bank Independent, Sheffield, AL
John A. Langloh, 2015
President and Chief Executive Officer, United Way of Central Alabama, Birmingham, AL
James K. Lyons, 2015
Director and Chief Executive Officer, Alabama State Port Authority, Mobile, AL
Robert W. Dumas, 2016
President and Chief Executive Officer, AuburnBank, Auburn, AL
Appointed by the Board of Governors
Thomas R. Stanton, 2014
Chairman and Chief Executive Officer, ADTRAN, Inc., Huntsville, AL
Pamela B. Hudson, MD, 2015
Chief Executive Officer, Crestwood Medical Center, Huntsville, AL
Brandon W. Bishop, 2016
International Representative, Southern Region, International Union of Operating Engineers, Birmingham, AL
Jacksonville Branch
Appointed by the Federal Reserve Bank
Hugh F. Dailey, 2014
President and Chief Executive Officer, Community Bank & Trust of Florida, Ocala, FL
Oscar J. Horton, 2015
President and Chief Executive Officer, Sun State International Trucks, LLC, Tampa, FL
D. Kevin Jones, 2015
President and Chief Executive Officer, MIDFLORIDA Credit Union, Lakeland, FL
Michael J. Grebe, 2016
Chairman and Chief Executive Officer, Interline Brands, Inc., Jacksonville, FL
Appointed by the Board of Governors
Lynda L. Weatherman, 2014
President and Chief Executive Officer, Economic Development Commission of Florida's Space Coast, Rockledge, FL
Harold Mills, 2015
Chief Executive Officer, ZeroChaos, Orlando, FL
Carolyn M. Fennell, 2016
Director of Public Affairs, Greater Orlando Aviation Authority, Orlando International Airport, Orlando, FL
Miami Branch
Appointed by the Federal Reserve Bank
Carol C. Lang, 2014
President, HealthLink Enterprises, Inc., Miami Beach, FL
Facundo L. Bacardi, 2014
Chairman, Bacardi Limited, Coral Gables, FL
Millar Wilson, 2015
Vice Chairman and Chief Executive Officer, Mercantil Commercebank, Coral Gables, FL
Gary L. Tice, 2016
Chairman and Chief Executive Officer, First Florida Integrity Bank, Naples, FL
Appointed by the Board of Governors
Thomas W. Hurley, 2014
Chairman and Chief Executive Officer, Becker Holding Corporation, Vero Beach, FL
Alberto Dosal, 2015
Chairman and Chief Executive Officer, Dosal Capital, LLC, Doral, FL
Rolando Montoya, 2016
Provost, Miami Dade College, Miami, FL
Nashville Branch
Appointed by the Federal Reserve Bank
Dan W. Hogan, 2014
Chief Operating Officer, CapStar Bank, Nashville, TN
Kent M. Adams, 2015
President and Chief Executive Officer, Caterpillar Financial Services Corporation, Vice President, Caterpillar Inc., Nashville, TN
Jennifer S. Banner, 2015
Chief Executive Officer, Schaad Companies, LLC, Knoxville, TN
William Y. Carroll Jr., 2016
President and Chief Executive Officer, SmartBank, Pigeon Forge, TN
Appointed by the Board of Governors
Scott McWilliams, 2014
Executive Chairman and Chief Customer Officer, OHL, Brentwood, TN
William J. Krueger, 2015
Chairman, JATCO Americas, Franklin, TN
Kathleen Calligan, 2016
Chief Executive Officer, Better Business Bureau Middle Tennessee, Nashville, TN
New Orleans Branch
Appointed by the Federal Reserve Bank
Carl J. Chaney, 2014
President and Chief Executive Officer, Hancock Holding Company, New Orleans, LA
Phillip R. May, 2015
President and Chief Executive Officer, Entergy Louisiana, LLC and Entergy Gulf States Louisiana, L.L.C., Jefferson, LA
Suzanne T. Mestayer, 2015
Managing Principal, ThirtyNorth Investments, LLC, New Orleans, LA
Elizabeth A. Ardoin, 2016
Senior Executive Vice President - Director of Communications, IBERIABANK, Lafayette, LA
Appointed by the Board of Governors
T. Lee Robinson Jr., 2014
President, OHC, Inc., Mobile, AL
Kevin P. Reilly Jr., 2015
President and Chairman of the Board, Lamar Advertising Company, Baton Rouge, LA
Terrie P. Sterling, 2016
Executive Vice President and Chief Operating Officer, Our Lady of the Lake Regional Medical Center, Baton Rouge, LA
District 7-Chicago
Class A
Frederick H. Waddell, 2014
Chairman and Chief Executive Officer, Northern Trust Corporation and The Northern Trust Company, Chicago, IL
William M. Farrow III, 2015
President and Chief Executive Officer, Urban Partnership Bank, Chicago, IL
Abram A. Tubbs, 2016
Chairman and Chief Executive Officer, Ohnward Bank & Trust, Cascade, IA
Class B
Nelda J. Connors, 2014
Chairwoman and Chief Executive Officer, Pine Grove Holdings, LLC, Chicago, IL
Terry Mazany, 2015
President and Chief Executive Officer, The Chicago Community Trust, Chicago, IL
Jorge Ramirez, 2016
President, Chicago Federation of Labor, Chicago, IL
Class C
Jeffrey A. Joerres, 2014
Executive Chairman, ManpowerGroup, Milwaukee, WI
Greg Brown, 2015
Chairman and Chief Executive Officer, Motorola Solutions, Inc., Schaumburg, IL
Anne R. Pramaggiore, 2016
President and Chief Executive Officer, ComEd, Chicago, IL
Detroit Branch
Appointed by the Federal Reserve Bank
Susan M. Collins, 2014
Joan and Sanford Weill Dean of Public Policy, University of Michigan, Ann Arbor, MI
Fernando Ruiz, 2014
Corporate Vice President and Treasurer, The Dow Chemical Company, Midland, MI
Sheilah P. Clay, 2015
President and Chief Executive Officer, Neighborhood Service Organization, Detroit, MI
Nancy M. Schlichting, 2016
Chief Executive Officer, Henry Ford Health System, Detroit, MI
Appointed by the Board of Governors
Michael E. Bannister, 2014
Retired Chairman and Chief Executive Officer, Ford Motor Credit Company, Dearborn, MI
Lou Anna K. Simon, 2015
President, Michigan State University, East Lansing, MI
Douglas W. Stotlar, 2016
President and Chief Executive Officer, Con-way Inc., Ann Arbor, MI
District 8-St. Louis
Class A
Susan S. Stephenson, 2014
Co-Chairman and President, Independent Bank, Memphis, TN
William E. Chappel, 2015
President and Chief Executive Officer, The First National Bank, Vandalia, IL
D. Bryan Jordan, 2016
Chairman, President, and Chief Executive Officer, First Horizon National Corporation, Memphis, TN
Class B
Gregory M. Duckett, 2014
Senior Vice President and Chief Legal Officer, Baptist Memorial Health Care Corporation, Memphis, TN
Sonja Yates Hubbard, 2015
Chief Executive Officer, E-Z Mart Stores, Inc., Texarkana, TX
Cal McCastlain, 2016
Partner, Dover Dixon Horne PLLC, Little Rock, AR
Class C
Rakesh Sachdev, 2014
President and Chief Executive Officer, Sigma-Aldrich Corp., St. Louis, MO
George Paz, 2015
Chairman and Chief Executive Officer, Express Scripts,
St. Louis, MO
Sharon D. Fiehler, 2016
Retired Executive Vice President, Office of the Chief Executive Officer, Peabody Energy,
St. Louis, MO
Little Rock Branch
Appointed by the Federal Reserve Bank
Keith Glover, 2014
President and Chief Executive Officer, Producers Rice Mill, Inc., Stuttgart, AR
John T. Womack, 2014
Chairman and Chief Executive Officer, Arvest Bank - Central Arkansas, Little Rock, AR
Ronald B. Jackson, 2015
Community Chairman, Simmons First National Bank of Pine Bluff, Russellville, AR
Michael A. Cook, 2016
Senior Vice President and Assistant Treasurer, Wal-Mart Stores, Inc., Bentonville, AR
Appointed by the Board of Governors
Ray C. Dillon, 2014
President and Chief Executive Officer, Deltic Timber Corporation, El Dorado, AR
Robert Martinez, 2015
Owner, Rancho La Esperanza, DeQueen, AR
P. Mark White, 2016
President and Chief Executive Officer, Arkansas Blue Cross and Blue Shield, Little Rock, AR
Louisville Branch
Appointed by the Federal Reserve Bank
Malcolm Bryant, 2014
President, The Malcolm Bryant Corporation, Owensboro, KY
Kevin Shurn, 2014
President and Owner, Superior Maintenance Co., Elizabethtown, KY
Jon A. Lawson, 2015
President, Chief Executive Officer, and Chairman, Bank of Ohio County, Beaver Dam, KY
David P. Heintzman, 2016
Chairman and Chief Executive Officer, Stock Yards Bank & Trust Company, Louisville, KY
Appointed by the Board of Governors
Gerald R. Martin, 2014
Vice President, River Hill Capital, LLC, Louisville, KY
Susan E. Parsons, 2015
Chief Financial Officer, Secretary, and Treasurer, Koch Enterprises, Inc., Evansville, IN
Randy W. Schumaker, 2016
President and Chief Management Officer, Logan Aluminum, Inc., Russellville, KY
Memphis Branch
Appointed by the Federal Reserve Bank
Clyde Warren Nunn, 2014
Chairman and President, Security Bancorp of Tennessee, Inc., Halls, TN
R. Molitor Ford Jr., 2014
Vice Chairman and Chief Executive Officer, Commercial Bank and Trust Company, Memphis, TN
Lisa McDaniel Hawkins, 2015
President, Room to Room Inc., Tupelo, MS
J. Brice Fletcher, 2016
Chairman and Chief Executive Officer, First National Bank of Eastern Arkansas, Forrest City, AR
Appointed by the Board of Governors
Lawrence C. Long, 2014
Partner, St. Rest Planting Co., Indianola, MS
Charlie E. Thomas III, 2015
Regional Director of External & Legislative Affairs, AT&T Tennessee, Memphis, TN
Carolyn Chism Hardy, 2016
President and Chief Executive Officer, Chism Hardy Investments, LLC and Hardy Logistics Solutions, LLC, Collierville, TN
District 9-Minneapolis
Class A
Kenneth A. Palmer, 2014
Chairman, President, and Chief Executive Officer, Range Financial Corporation & Range Bank, NA, Marquette, MI
Randy L. Newman, 2015
Chairman and Chief Executive Officer, Alerus Financial, NA and Alerus Financial Corp., Grand Forks, ND
Catherine T. Kelly, 2016
President and Chief Executive Officer,Minnesota Bank & Trust, Edina, MN
Class B
Howard A. Dahl, 2014
President and Chief Executive Officer, Amity Technology LLC, Fargo, ND
Christine Hamilton, 2015
Managing Partner, Christiansen Land and Cattle, Ltd, Kimball, SD
Lawrence R. Simkins, 2016
President and Chief Executive Officer, The Washington Companies, Missoula, MT
Class C
MayKao Y. Hang, 2014
President and Chief Executive Officer, Amherst H. Wilder Foundation, St. Paul, MN
Randall J. Hogan, 2015
Chairman and Chief Executive Officer, Pentair, Minneapolis, MN
Kendall J. Powell, 2016
Chairman and Chief Executive Officer, General Mills, Minneapolis, MN
Helena Branch
Appointed by the Federal Reserve Bank
Duane Kurokawa, 2014
President, Western Bank of Wolf Point, Wolf Point, MT
Barbara Stiffarm, 2015
Executive Director, Opportunity Link, Inc., Havre, MT
Thomas R. Swenson, 2016
President and Chief Executive Officer, Bank of Montana and Bancorp of Montana Holding Company, Missoula, MT
Appointed by the Board of Governors
David B. Solberg, 2014
Owner, Seven Blackfoot Ranch Company, Billings, MT
Marsha Goetting, 2015
Professor and Extension Family Economics Specialist, Montana State University, Bozeman, MT
District 10-Kansas City
Class A
Paul J. Thompson, 2014
President and Chief Executive Officer, Country Club Bank, Kansas City, MO
David W. Brownback, 2015
President and Chief Executive Officer, Citizens State Bank & Trust Co., Ellsworth, KS
Max T. Wake, 2016
President, Jones National Bank & Trust Co., Seward, NE
Class B
Richard K. Ratcliffe, 2014
Chairman, Ratcliffe's Inc., Weatherford, OK
John T. Stout Jr., 2015
Chief Executive Officer, Plaza Belmont Management Group LLC, Shawnee Mission, KS
Len C. Rodman, 2016
Former Chairman, President, and Chief Executive Officer, Black & Veatch, Olathe, KS
Class C
Barbara Mowry, 2014
Chief Executive Officer, GoreCreek Advisors, Greenwood Village, CO
Steve Maestas, 2015
Chief Executive Officer, Maestas Development Group, Albuquerque, NM
Rose Washington, 2016
Executive Director, Tulsa Economic Development Corporation, Tulsa, OK
Denver Branch
Appointed by the Federal Reserve Bank
Brian R. Wilkinson, 2014
President, Steele Street Bank & Trust, Denver, CO
Lilly Marks, 2015
Vice President for Health Affairs and Executive Vice Chancellor, University of Colorado and Anschutz Medical Campus, Aurora, CO
Anne Haines Yatskowitz, 2015
President and Chief Executive Officer, ACCION New Mexico-Arizona-Colorado-Nevada, Albuquerque, NM
Mark A. Zaback, 2016
President and Chief Executive Officer, Jonah Bank of Wyoming, Casper, WY
Appointed by the Board of Governors
Larissa Herda, 2014
Chair, Chief Executive Officer, and President, tw telecom inc., Littleton, CO
Richard L. Lewis, 2015
President and Chief Executive Officer, RTL Networks Inc., Denver, CO
Margaret M. Kelly, 2016
Chief Executive Officer, RE/MAX, LLC, Denver, CO
Oklahoma City Branch
Appointed by the Federal Reserve Bank
Linda Capps, 2014
Vice Chairman, Citizen Potawatomi Nation, Shawnee, OK
Michael C. Coffman, 2015
President and Chief Executive Officer, Panhandle Oil and Gas, Inc., Oklahoma City, OK
Charles R. Hall, 2016
Chairman and Chief Executive Officer,Exchange Bank and Trust Company, Perry, OK
Jane Haskin, 2016
President and Chief Executive Officer, First Bethany Bank & Trust, Bethany, OK
Appointed by the Board of Governors
James D. Dunn, 2014
Chair, Mill Creek Lumber & Supply Co., Tulsa, OK
Peter B. Delaney, 2015
Chairman and Chief Executive Officer, OGE Energy Corp.,
Oklahoma City, OK
Clint D. Abernathy, 2016
President,Abernathy Farms, Inc., Altus, OK
Omaha Branch
Appointed by the Federal Reserve Bank
Jeff W. Krejci, 2014
President and Director, Cornerstone Bank, York, NE
Brian D. Esch, 2015
President and Chief Executive Officer, McCook National Bank, McCook, NE
James L. Thom, 2015
Vice President, T-L Irrigation Co., Hastings, NE
Anne Hindery, 2016
Chief Executive Officer, Nonprofit Association of the Midlands, Omaha, NE
Appointed by the Board of Governors
Jim Farrell, 2014
President and Chief Executive Officer, Farmers National Company, Omaha, NE
G. Richard Russell, 2015
President and Chief Executive Officer, Millard Lumber Inc., Omaha, NE
John F. Bourne, 2016
International Representative, International Brotherhood of Electrical Workers, Omaha, NE
District 11-Dallas
Class A
George F. Jones Jr., 2014
Retired Chief Executive Officer, Texas Capital Bank, Dallas, TX
Allan James "Jimmy" Rasmussen, 2015
President and Chief Executive Officer, HomeTown Bank, N.A., Galveston, TX
Russell Shannon, 2016
Chairman and Chief Executive Officer, National Bank of Andrews, Andrews, TX
Class B
Jorge A. Bermudez, 2014
President and Chief Executive Officer, Byebrook Group, College Station, TX
Ann B. Stern, 2015
President and Chief Executive Officer, Houston Endowment, Inc., Houston, TX
Curtis V. Anastasio, 2016
Retired President and Chief Executive Officer, NuStar Energy L.P., San Antonio, TX
Class C
Renu Khator, 2014
Chancellor and President, University of Houston, Houston, TX
Myron E. Ullman III, 2015
Chief Executive Officer, J.C. Penney Company, Inc., Plano, TX
Matthew K. Rose, 2016
Executive Chairman, BNSF Railway Company, Fort Worth, TX
El Paso Branch
Appointed by the Federal Reserve Bank
Jerry Pacheco, 2014
President, Global Perspectives Integrated, Inc., Santa Teresa, NM
Laura M. Conniff, 2014
Qualifying Broker, Mathers Realty, Inc., Las Cruces, NM
Robert Nachtmann, 2015
Dean and Professor of Finance, College of Business Administration, The University of Texas at El Paso, El Paso, TX
Paul L. Foster, 2016
Executive Chairman, Western Refining, Inc., El Paso, TX
Appointed by the Board of Governors
Robert E. McKnight Jr., 2014
Owner, McKnight Ranch Company, Fort Davis, TX
Renard U. Johnson, 2015
President and Chief Executive Officer, Management & Engineering Technologies International Inc. (METI), El Paso, TX
J. Eric Evans, 2016
Chief Executive Officer, Providence Memorial Hospital and Sierra Medical Center, El Paso, TX
Houston Branch
Appointed by the Federal Reserve Bank
Marcus A. Watts, 2014
President, The Friedkin Group, Houston, TX
Kirk S. Hachigian, 2014
President and Chief Executive Officer, JELD-WEN, Houston, TX
Paul B. Murphy Jr., 2015
President and Chief Executive Officer, Cadence Bank, Houston, TX
Gerald B. Smith, 2016
Chairman and Chief Executive Officer, Smith, Graham & Company Investment Advisors, L.P., Houston, TX
Appointed by the Board of Governors
Paul W. Hobby, 2014
Chairman and Founding Partner, Genesis Park, LP, Houston, TX
Ellen Ochoa, 2015
Director, NASA Johnson Space Center, Houston, TX
Greg L. Armstrong, 2016
Chairman and Chief Executive Officer, Plains All American Pipeline, L.P., Houston, TX
San Antonio Branch
Appointed by the Federal Reserve Bank
Janie Barrera, 2014
President and Chief Executive Officer, Accion Texas, Inc.,
San Antonio, TX
Ygnacio D. Garza, 2014
Partner, Long Chilton LLP, Brownsville, TX
Manoj Saxena, 2015
Managing Director, The Entrepreneurs' Fund, Austin, TX
Josue Robles Jr., 2016
President and Chief Executive Officer, USAA, San Antonio, TX
Appointed by the Board of Governors
Thomas E. Dobson, 2014
Chairman and Chief Executive Officer, Whataburger Restaurants, L.P.,
San Antonio, TX
Catherine M. Burzik, 2015
President and Chief Executive Officer, CFB Interests, LLC, San Antonio, TX
James "Rad" Conrad Weaver, 2016
Chief Executive Officer, McCombs Partners, San Antonio, TX
District 12-San Francisco
Class A
Megan F. Clubb, 2014
Chief Executive Officer and Chairman of the Board, Baker Boyer National Bank, Walla Walla, WA
Peter S. Ho, 2015
Chairman, President, and Chief Executive Officer, Bank of Hawaii and Bank of Hawaii Corporation, Honolulu, HI
Steven R. Gardner, 2016
President and Chief Executive Officer, Pacific Premier Bank, Irvine, CA
Class B
Richard A. Galanti, 2014
Executive Vice President and Chief Financial Officer, Costco Wholesale Corporation, Issaquah, WA
Steven E. Bochner, 2015
Partner, Wilson, Sonsini, Goodrich, & Rosati, P.C., Palo Alto, CA
Nicole C. Taylor, 2016
President and Chief Executive Officer, Thrive Foundation for Youth, Menlo Park, CA
Class C
Roy A. Vallee, 2014
Retired Executive Chairman and Chief Executive Officer, Avnet, Inc., Phoenix, AZ
Alexander R. Mehran, 2015
Chairman and Chief Executive Officer, Sunset Development Company, San Ramon, CA
Patricia E. Yarrington, 2016
Vice President and Chief Financial Officer, Chevron Corporation, San Ramon, CA
Los Angeles Branch
Appointed by the Federal Reserve Bank
Peggy Tsiang Cherng, 2014
Co-Chair of the Board and Co-Chief Executive Officer, Panda Restaurant Group, Inc., Rosemead, CA
James A. Hughes, 2015
Chief Executive Officer, First Solar, Inc., Tempe, AZ
John C. Molina, 2015
Chief Financial Officer, Molina Healthcare, Inc., Long Beach, CA
David I. Rainer, 2016
Chairman and Chief Executive Officer, California United Bank, Encino, CA
Appointed by the Board of Governors
Keith E. Smith, 2014
President and Chief Executive Officer, Boyd Gaming Corporation, Las Vegas, NV
Gina Marie Lindsey, 2015
Executive Director, Los Angeles World Airports, Los Angeles, CA
Vacancy, 2016
Portland Branch
Appointed by the Federal Reserve Bank
Robert C. Hale, 2014
Chief Executive Officer, Hale Companies, Hermiston, OR
Tamara L. Lundgren, 2014
President and Chief Executive Officer, Schnitzer Steel Industries, Inc., Portland, OR
S. Randolph Compton, 2015
President, Chief Executive Officer, and Co-Chairperson of the Board, Pioneer Trust Bank, N.A., Salem, OR
Brian K. Rice, 2016
Executive Vice President and President of Wealth Management, Aequitas Capital Management, Lake Oswego, OR
Appointed by the Board of Governors
Roderick C. Wendt, 2014
Vice Chairman, JELD-WEN, inc., Klamath Falls, OR
Román D. Hernández, 2015
Shareholder, Schwabe, Williamson & Wyatt, P.C., Portland, OR
Joseph E. Robertson Jr., MD, 2016
President, Oregon Health & Science University, Portland, OR
Salt Lake City Branch
Appointed by the Federal Reserve Bank
Josh England, 2014
President and Chief Financial Officer, C.R. England, Inc., Salt Lake City, UT
Vacancy, 2014
Susan D. Mooney Johnson, 2015
President, Futura Industries, Clearfield, UT
Albert T. Wada, 2016
Chairman, Wada Farms, Inc., Pingree, ID
Appointed by the Board of Governors
Vacancy, 2014
Bradley J. Wiskirchen, 2015
Chief Executive Officer, Keynetics, Inc., Boise, ID
Peter R. Metcalf, 2016
Lead Founder and Chief Executive Officer, Black Diamond, Inc., Salt Lake City, UT
Seattle Branch
Appointed by the Federal Reserve Bank
Scott L. Morris, 2014
Chairman, President, and Chief Executive Officer, Avista Corporation, Spokane, WA
Patrick G. Yalung, 2014
Regional President, Washington, Wells Fargo Bank, N.A., Seattle, WA
Greg C. Leeds, 2015
President and Chief Executive Officer, Wizards of the Coast, Hasbro, Inc., Renton, WA
Nicole W. Piasecki, 2016
Vice President and General Manager, Propulsion Systems Division, Boeing Commercial Airplanes, Everett, WA
Appointed by the Board of Governors
Ada M. Healey, 2014
Vice President, Real Estate, Vulcan Inc., Seattle, WA
Mary O. McWilliams, 2015
Retired Executive Director, Washington Health Alliance, Seattle, WA
Vacancy, 2016
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
William D. Nordhaus, Chair
John F. Fish, Deputy Chair
Eric S. Rosengren, President and Chief Executive Officer
Kenneth C. Montgomery, First Vice President and Chief Operating Officer
New York
Emily K. Rafferty, Chair
Sara Horowitz, Deputy Chair
William C. Dudley, President
Christine M. Cumming, First Vice President
Additional office at East Rutherford, NJ
Philadelphia
James E. Nevels, Chair
Michael J. Angelakis, Deputy Chair
Charles I. Plosser, President
D. Blake Prichard, First Vice President
Cleveland
Richard K. Smucker, Chair
Christopher M. Connor, Deputy Chair
Loretta J. Mester, President
Gregory Stefani, First Vice President
Charles H. Brown, Chair
LaVaughn M. Henry, Senior Regional Officer
Dawne S. Hickton, Chair
Guhan Venkatu, Senior Regional Officer
Richmond
Linda D. Rabbitt, Chair
Russell C. Lindner, Deputy Chair
Jeffrey M. Lacker, President
Mark L. Mullinix, First Vice President
Jenny G. Morgan, Chair
David E. Beck, Senior Vice President and Baltimore Regional Executive
Claude Z. Demby, Chair
Matthew A. Martin, Senior Vice President and Charlotte Regional Executive
Atlanta
Thomas I. Barkin, Chair
Thomas A. Fanning, Deputy Chair
Dennis P. Lockhart, President
Marie C. Gooding, First Vice President
Thomas R. Stanton, Chair
Lesley McClure, Vice President and Regional Executive
Lynda L. Weatherman, Chair
Christopher L. Oakley, Vice President and Regional Executive
Thomas W. Hurley, Chair
Karen Gilmore, Vice President and Regional Executive
Scott McWilliams, Chair
Lee C. Jones, Vice President and Regional Executive
Terrie P. Sterling, Chair
Adrienne C. Slack, Vice President and Regional Executive
Chicago
Jeffrey A. Joerres, Chair
Greg Brown, Deputy Chair
Charles L. Evans, President
Gordon Werkema, First Vice President
Additional office at Des Moines, IA
Lou Anna K. Simon, Chair
Robert Wiley, Officer in Charge
St. Louis
Sharon D. Fiehler, Chair
George Paz, Deputy Chair
James Bullard, President
David A. Sapenaro, First Vice President
Ray C. Dillon, Chair
Robert A. Hopkins, Regional Executive
Gerald R. Martin, Chair
Maria Gerwing Hampton, Regional Executive
Charlie E. Thomas III, Chair
Martha Perine Beard, Regional Executive
Minneapolis
Randall J. Hogan, Chair
MayKao Y. Hang, Deputy Chair
Narayana R. Kocherlakota, President
James M. Lyon, First Vice President
Marsha Goetting, Chair
Susan Woodrow, Assistant Vice President and Branch Executive
Kansas City
Barbara Mowry, Chair
Steve Maestas, Deputy Chair
Esther L. George, President
Kelly J. Dubbert, First Vice President
Larissa Herda, Chair
Alison Felix, Officer in Charge
James D. Dunn, Chair
Chad R. Wilkerson, Officer in Charge
Jim Farrell, Chair
Nathan Kauffman, Officer in Charge
Dallas
Myron E. Ullman III, Chair
Renu Khator, Deputy Chair
Richard W. Fisher, President
Helen E. Holcomb, First Vice President
Robert E. McKnight Jr., Chair
Roberto A. Coronado, Officer in Charge
Greg L. Armstrong, Chair
Daron D. Peschel, Officer in Charge
Thomas E. Dobson, Chair
Blake Hastings, Officer in Charge
San Francisco
Patricia E. Yarrington, Chair
Roy A. Vallee, Deputy Chair
John C. Williams, President
Mark A. Gould, First Vice President
Additional office at Phoenix, AZ
Keith E. Smith, Chair
Roger W. Replogle, Officer in Charge
Roderick C. Wendt, Chair
Steven H. Walker, Officer in Charge
Bradley J. Wiskirchen, Chair
Robin A. Rockwood, Officer in Charge
Ada M. Healey, Chair
Susan A. Sutherland, Officer in Charge
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 27 and 28 and November 4 and 5, 2014. The conference's executive committee members for 2014 are listed below.1
Conference of Chairs
Jeffrey A. Joerres, Chair,
Federal Reserve Bank of Chicago
Sharon D. Fiehler, Vice Chair,
Federal Reserve Bank of
St. Louis
Emily K. Rafferty, Member,
Federal Reserve Bank of New York
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 2014 are listed below.2
Charles I. Plosser, Chair,
Federal Reserve Bank of Philadelphia
Dennis P. Lockhart, Vice Chair,
Federal Reserve Bank of Atlanta
Frank J. Doto, Secretary,
Federal Reserve Bank of Philadelphia
Maria R. Smith,
Assistant Secretary,
Federal Reserve Bank of Atlanta
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 2014 are listed below.
Kenneth C. Montgomery, Chair,
Federal Reserve Bank of Boston
Gregory Stefani, Vice Chair,
Federal Reserve Bank of Cleveland
Jeanne MacNevin, Secretary,
Federal Reserve Bank of Boston
Terri Bialowas, Assistant Secretary,
Federal Reserve Bank of Cleveland
References
1. On November 5, 2014, the Conference of Chairs elected Emily K. Rafferty, chair of the Federal Reserve Bank of New York, as chair of the conference's executive committee for 2015. The conference also elected Roy A. Vallee, chair of the Federal Reserve Bank of San Francisco for 2015, as vice chair, and Thomas A. Fanning, chair of the Federal Reserve Bank of Atlanta for 2015, as the executive committee's third member. Return to text
2. On December 4, 2014, the Conference elected Dennis P. Lockhart as chair for 2015-16 and Eric S. Rosengren, president of the Federal Reserve Bank of Boston, as vice chair. The conference also elected Maria R. Smith as secretary for 2015-16 and Joel Werkema, Federal Reserve Bank of Boston, as assistant secretary. Return to text
