Annual Report 2015
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 2015. 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
Stanley Fischer
Vice Chairman
Daniel K. Tarullo
Jerome H. Powell
Lael Brainard
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
William B. English
Senior Special Adviser to the Board
Trevor A. Reeve
Special Adviser to the Chair
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
Patrick M. Bryan
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
Beth Anne Wilson
Senior Associate Director
David H. Bowman
Associate Director
Mark S. Carey
Associate Director
Charles P. Thomas
Associate Director
Shaghil Ahmed
Deputy Assistant Director
Joseph W. Gruber
Deputy Assistant Director
Carol C. Bertaut
Assistant Director
James A. Dahl
Assistant Director
Paul R. Wood
Assistant Director
Constantijn A. Claessens
Senior Adviser
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
Luca Guerrieri
Assistant Director
Jennifer E. Roush
Assistant Director
John W. Schindler
Assistant Director
Skander J. Van Den Heuvel
Assistant Director
Division of Monetary Affairs
Heinrich T. Laubach
Director
James A. Clouse
Deputy Director
Brian F. Madigan
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
Min Wei
Deputy Associate Director
Francisco B. Covas
Assistant Director
Christopher J. Gust
Assistant Director
Don H. Kim
Assistant Director
Elizabeth C. Klee
Assistant Director
Matthew M. Luecke
Assistant Director
Ellen E. Meade
Senior Adviser
Joyce K. Zickler
Senior Adviser
Burcu Duygan-Bump
Adviser
Mary T. Hoffman
Adviser
Robert J. Tetlow
Adviser
Division of Research and Statistics
David W. Wilcox
Director
Daniel M. Covitz
Deputy Director
William L. Wascher III
Deputy Director
Eric M. Engen
Senior Associate Director
Diana Hancock
Senior Associate Director
David E. Lebow
Senior Associate Director
Michael G. Palumbo
Senior Associate Director
Jeffrey C. Campione
Senior Associate Director
Joshua H. Gallin
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
Timothy A. Mullen
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
Wayne Passmore
Senior Adviser
Robin A. Prager
Senior Adviser
Jeremy Rudd
Senior Adviser
Eric C. Engstrom
Adviser
John A. Figura
Adviser
Arthur B. Kennickell
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
Todd A. Vermilyea
Senior Associate Director
Kevin M. Bertsch
Associate Director
Sean D. Campbell
Associate Director
Nida Davis
Associate Director
Christopher Finger
Associate Director
Steven P. Merriett
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
Thomas R. Sullivan
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
Nancy J. Perkins
Deputy Associate Director
Richard C. Watkins
Deputy Associate Director
Robert T. Ashman
Assistant Director
Gwendolyn A. Collins
Assistant Director
Constance Horsley
Assistant Director
Ryan P. Lordos
Assistant Director
David K. Lynch
Assistant Director
Thomas K. Odegard
Assistant Director
Catherine A. Piche
Assistant Director
Laurie F. Priest
Assistant Director
Suzanne L. Williams
Assistant Director
Norah M. Barger
Senior Adviser
David S. Jones
Senior Adviser
John Beebe
Adviser
Du Fang
Adviser
Keith A. Ligon
Adviser
Molly E. Mahar
Adviser
William F. Treacy
Adviser
Sarkis D. Yoghourtdjian
Adviser
Division of Consumer and Community Affairs
Eric S. Belsky
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
Matthew J. Eichner
Deputy Director
Jeffrey C. Marquardt
Deputy Director
David Sidari
Deputy Director
Susan V. Foley
Senior Associate Director
Gregory L. Evans
Senior Associate Director
Paul W. Bettge
Associate Director
Bajinder N. Paul
Associate Director
Michael J. Lambert
Associate Director
Jennifer A. Lucier
Deputy Associate Director
Lawrence E. Mize
Deputy Associate Director
Stuart E. Sperry
Deputy Associate Director
Jennifer K. Chang
Assistant Director
Shaun E. Ferrari
Assistant Director
Timothy W. Maas
Assistant Director
David C. Mills
Assistant Director
Lorelei W. Pagano
Assistant Director
Jeffrey D. Walker
Assistant Director
Lisa K. Hoskins
Senior Adviser
Marta E. Chaffee
Adviser
Office of the Chief Operating Officer
Donald V. Hammond
Chief Operating Officer
Michael Kraemer
Deputy Chief Data Officer
Sheila Clark
Diversity and Inclusion Programs Director
Jeff Monica
Assistant Director
Todd A. Glissman
Senior Adviser
Division of Financial Management
William L. Mitchell
Director and Chief Financial Officer
Stephen J. Bernard
Deputy Director
Patrick J. McClanahan
Deputy Director and Controller
Christine M. Fields
Associate Director
Jeffrey R. Peirce
Deputy Associate Director
Karen L. Vassallo
Deputy Associate Director
Christopher J. Suma
Assistant Director
Management Division
Michell C. Clark
Director
David J. Capp
Deputy Director
Marie S. Savoy
Senior Associate Director
Tara Tinsley-Pelitere
Associate Director
Tameika L. Pope
Associate Director
Keith F. Bates
Assistant Director
Patricia Ann Buckingham
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
Division of Information Technology
Sharon L. Mowry
Director
Wayne A. Edmondson
Deputy Director
Lisa M. Bell
Senior Associate Director
Raymond Romero
Senior Associate Director
Kofi A. Sapong
Senior Associate Director
Glenn S. Eskow
Associate Director
Kassandra Arana Quimby
Associate Director
Sheryl Lynn Warren
Associate Director
Rajasekhar R. Yelisetty
Associate Director
William Dennison
Deputy Associate Director
Marietta Murphy
Deputy Associate Director
Theresa C. Palya
Deputy Associate Director
Charles B. Young II
Deputy Associate Director
Can Xuan Nguyen
Assistant Director
Deborah Prespare
Assistant Director
Jonathan F. Shrier
Assistant Director
Eric C. Turner
Assistant Director
Virginia M. Wall
Assistant Director
Edgar Wang
Assistant Director
Ivan K. Wun
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
Alberto Rivera-Fournier
Associate Inspector General
Melissa M. Heist
Associate Inspector General
Lawrence K. Valett
Associate Inspector General
Peter J. Sheridan
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 2015, 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, Board of Governors
William C. Dudley
Vice Chairman, President, Federal Reserve Bank of New York
Lael Brainard
Member, Board of Governors
Charles L. Evans
President, Federal Reserve Bank of Chicago
Stanley Fischer
Member, Board of Governors
Jeffrey M. Lacker
President, Federal Reserve Bank of Richmond
Dennis P. Lockhart
President, Federal Reserve Bank of Atlanta
Jerome H. Powell
Member, Board of Governors
Daniel K. Tarullo
Member, Board of Governors
John C. Williams
President, Federal Reserve Bank of Boston
Alternate Members
James Bullard
President, Federal Reserve Bank of St. Louis
Christine M. Cumming
First Vice President, Federal Reserve Bank of New York
(resigned April 29, 2015)
Esther L. George
President, Federal Reserve Bank of Kansas City
Loretta J. Mester
President, Federal Reserve Bank of Cleveland
Eric Rosengren
President, Federal Reserve Bank of Boston
Michael Strine
First Vice President, Federal Reserve Bank of New York
(as of July 28, 2015)
Officers
Brian F. Madigan
Secretary
Matthew M. Luecke
Deputy Secretary
David W. Skidmore
Assistant Secretary
(as of February 2, 2015)
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
Heinrich T. Laubach
Economist
David W. Wilcox
Economist
David Altig
Associate Economist
Thomas A. Connors
Associate Economist
Eric M. Engen
Associate Economist
Michael P. Leahy
Associate Economist
Jonathan P. McCarthy
Associate Economist
William R. Nelson
Associate Economist
Glenn D. Rudebusch
Associate Economist
Daniel G. Sullivan
Associate Economist
John A. Weinberg
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 2015, the council met on February 5-6, May 7-8, September 3-4, and December 3-4. The council met with the Board on February 6, May 8, September 4, and December 4, 2015.
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
Frederick H. Waddell
Chairman and Chief Executive Officer, Northern Trust Corporation and The Northern Trust Company, Chicago, 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
John G. Stumpf
Chairman, President, and CEO, Wells Fargo & Company,
San Francisco, CA
Officers
James P. Gorman
President
Kelly S. King
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. 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 2015, the council met on April 10 and November 6.
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
Thomas M. Petro
President and Chief Executive Officer, Fox Chase Bank, Hatboro, 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
Jeffrey Plagge
President and Chief Executive Officer, Northwest Financial Corp., Arnolds Park, IA
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
S. Boyce Brown
Chairman, President and Chief Executive Officer, Extraco Corporation, Waco, TX
District 12
Janet Garufis
President and Chief Executive Officer, Montecito Bank & Trust, Santa Barbara, CA
Officers
John B. Dicus
President
Michael J. Castellana
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 15 members of the council are selected from submissions received through a public process, and comprise a diverse group of experts and representatives of consumer and community development organizations and interests, including affordable housing, community and economic development, small business, and asset and wealth building. One member of the council serves as its chair. The council met with the Board on November 2015, and is expected to meet with the Board twice each year in future years.
Members
Roberto Barragan
President and Chief Executive Officer, VEDC, Van Nuys, CA
Angela Glover Blackwell
Founder and Chief Executive Officer, PolicyLink, Oakland, CA
Patrick Dujakovich
President, Greater Kansas City AFL-CIO, Kansas City, MO
Benjamin Dulchin
Executive Director, Association for Neighborhood & Housing Development, New York, NY
Brian Fogle
President and Chief Executive Officer, Community Foundation of the Ozarks, Springfield, MO
Ben Mangan
Executive Director and Lecturer, Haas School of Business, U.C. Berkeley, Center for Social Sector Leadership, Berkeley, CA
Rodrick Miller
President and Chief Executive Officer, Detroit Economic Growth Corporation, Detroit, MI
Noel Poyo
Executive Director, National Association for Latino Community Asset Builders,
San Antonio, TX
Michael Rubinger
President and Chief Executive Officer, Local Initiatives Support Corporation (LISC),
New York, NY
Arden Shank
President and Chief Executive Officer, Neighborhood Housing Services of South Florida, Miami, FL
Adrienne Smith
President and Chief Executive Officer, New Mexico Direct Caregivers Coalition, Placitas, NM
Sue Taoka
Executive Vice President, Craft3, Seattle, WA
Mary Tingerthal
Commissioner, Minnesota Housing Finance Agency,
St. Paul, MN
Raul Vazquez
Chief Executive Officer, Oportun, Redwood City, CA
Catherine Wilson
Professor, University of Nebraska-Lincoln College of Law, Lincoln, NE
Officer
Michael Rubinger
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
Allan Timmermann, Chair
Professor, University of California at San Diego
Peter Christoffersen
Professor, University of Toronto
Manju Puri
Professor, Duke University
Philip Strahan
Professor, Boston College
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
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
Michael E. Tucker, 2017
President and Chief Executive Officer, Greenfield Co-operative Bank, Greenfield, MA
Class B
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
Gary L. Gottlieb, MD, 2017
President and Chief Executive Officer, Partners In Health, Boston, MA
Class C
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
William D. Nordhaus, 2017
Sterling Professor of Economics, Yale University, New Haven, CT
District 2-New York
Class A
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
Paul P. Mello, 2017
President and Chief Executive Officer, Solvay Bank, Solvay, NY
Class B
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
Terry J. Lundgren, 2017
Chairman and Chief Executive Officer, Macy's, Inc.,
New York, NY
Class C
Sara Horowitz, 2015
Executive Director, Freelancers Union, Brooklyn, NY
Marc Tessier-Lavigne, 2016
President, The Rockefeller University, New York, NY
Emily K. Rafferty, 2017
President Emerita, The Metropolitan Museum of Art, New York, NY
District 3-Philadelphia
Class A
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
Jon Evans, 2017
President and Chief Executive Officer, Atlantic Community Bankers Bank, Camp Hill, PA
Class B
Carol J. Johnson, 2015
President and Chief Operating Officer, AlliedBarton Security Services, Conshohocken, PA
Edward J. Graham, 2016
Retired Chairman and Chief Executive Officer, South Jersey Industries, Folsom, NJ
Vacancy, 2017
Class C
James E. Nevels, 2015
Founder and Chairman,
The Swarthmore Group, Philadelphia, PA
Brian McNeill, 2016
President and Chief Executive Officer, TouchPoint, Inc., Concordville, PA
Michael J. Angelakis, 2017
Senior Advisor to the Executive Management Committee, Comcast Corporation, Philadelphia, PA
District 4-Cleveland
Class A
Claude E. Davis, 2015
Chief Executive Officer, First Financial Bancorp, Cincinnati, OH
Kevin T. Kabat, 2016
Vice Chairman, Fifth Third Bancorp, Cincinnati, OH
Todd A. Mason, 2017
President and Chief Executive Officer, First National Bank of Pandora, Pandora, OH
Class B
Susan Tomasky, 2015
Energy Consultant and Former President, AEP Transmission, Columbus, OH
Hal Keller, 2016
President, Ohio Capital Corporation for Housing, Columbus, OH
Charles H. Brown, 2017
Vice President and Secretary, Toyota Motor Engineering & Manufacturing N.A., Erlanger, KY
Class C
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
John P. Surma, 2017
Retired Chairman and Chief Executive Officer, United States Steel Corporation, Pittsburgh, PA
Cincinnati Branch
Appointed by the Federal Reserve Bank
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
Amos L. Otis, 2017
Founder, President, and Chief Executive Officer, SoBran, Inc., Dayton, OH
Dwight E. Smith, 2017
President and Chief Executive Officer, Sophisticated Systems, Inc., Columbus, OH
Appointed by the Board of Governors
Christopher C. Cole, 2015
Chief Executive Officer, Intelligrated, Inc., Mason, OH
Valarie L. Sheppard, 2016
Senior Vice President, Comptroller, and Treasurer, The Procter & Gamble Company, Cincinnati, OH
Deborah A. Feldman, 2017
President and Chief Executive Officer, Dayton Children's Hospital, Dayton, OH
Pittsburgh Branch
Appointed by the Federal Reserve Bank
Grant Oliphant, 2015
President, The Heinz Endowments, Pittsburgh, PA
Robert P. Oeler, 2016
President and Chief Executive Officer, Dollar Bank, Pittsburgh, PA
Audrey Dunning, 2017
Chief Executive Officer, Summa Technologies, Inc., Pittsburgh, PA
Robert I. Glimcher, 2017
President, Glimcher Group, Inc. Pittsburgh, PA
Appointed by the Board of Governors
Dawne S. Hickton, 2015
Former 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
Charles L. Hammel III, 2017
President, PITT OHIO, Pittsburgh, PA
District 5-Richmond
Class A
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
Robert R. Hill, Jr., 2017
Chief Executive Officer, South State Corporation and South State Bank, Columbia, SC
Class B
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
Thomas C. Nelson, 2017
Chairman, President and Chief Executive Officer, National Gypsum Company, Charlotte, NC
Class C
Russell C. Lindner, 2015
Executive Chairman and Chief Executive Officer, The Forge Company, Washington, DC
Mark L. Williamson, 2015
President and Chief Executive Officer, High Point Bank and Trust, High Point, NC
Margaret G. Lewis, 2016
Retired President, HCA Capital Division, Richmond, VA
Kathy J. Warden, 2017
Corporate Vice President and President, Information Systems Northrop Grumman Corporation, McLean, VA
Baltimore Branch
Appointed by the Federal Reserve Bank
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
Austin J. Slater, Jr., 2017
President and Chief Executive Officer, Southern Maryland Electric Cooperative, Inc., Hughesville, MD
Appointed by the Board of Governors
Vacancy, 2015
Samuel L. Ross, 2016
Chief Executive Officer, Bon Secours Baltimore Health System, Baltimore, MD
Susan J. Ganz, 2017
Chief Executive Officer, Lion Brothers Company, Inc.,
Owings Mills, MD
Charlotte Branch
Appointed by the Federal Reserve Bank
Lucia Z. Griffith, 2015
Chief Executive Officer and Principal, METRO Landmarks, Charlotte, NC
Mark L. Williamson, 2015
President and Chief Executive Officer, High Point Bank and Trust, High Point, NC
Michael C. Crapps, 2016
President, First Community Bank, Lexington, SC
Paul E. Szurek, 2017
Chief Financial Officer, Biltmore Farms, LLC, Asheville, NC
Appointed by the Board of Governors
Laura Y. Clark, 2015
Executive Director, Renaissance West Community Initiative, Charlotte, NC
Elizabeth A. Fleming, 2016
President, Converse College, Spartanburg, SC
Claude Z. Demby, 2017
Vice President of Business Development, Cree, Inc., Durham, NC
District 6-Atlanta
Class A
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
William H. Rogers, Jr., 2017
Chairman and Chief Executive Officer, SunTrust Banks, Atlanta, GA
Class B
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
Jonathan T.M. Reckford, 2017
Chief Executive Officer, Habitat for Humanity International, Atlanta, GA
Class C
Thomas A. Fanning, 2015
Chairman, President, and Chief Executive Officer, Southern Company, Atlanta, GA
Michael J. Jackson, 2016
Chairman, Chief Executive Officer, and President, AutoNation, Inc.,
Ft. Lauderdale, FL
Myron A. Gray, 2017
President, U.S. Operations, United Parcel Service, Atlanta, GA
Birmingham Branch
Appointed by the Federal Reserve Bank
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
Herschell L. Hamilton, 2017
Managing Partner, BLOC Global Group, Birmingham, AL
Appointed by the Board of Governors
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
Nancy C. Goedecke, 2017
Chairman and Chief Executive Officer, Mayer Electric Supply Company, Inc., Birmingham, AL
Jacksonville Branch
Appointed by the Federal Reserve Bank
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
Chief Executive Officer, Interline Brands Division, Senior Vice President, The Home Depot, Jacksonville, FL
Dana S. Kilborne, 2017
President and Chief Executive Officer, Florida Bank of Commerce, Orlando, FL
Appointed by the Board of Governors
Harold Mills, 2015
Chief Executive Officer, ZeroChaos, Orlando, FL
Carolyn M. Fennell, 2016
Chairman and Director of Public Affairs and Community Relations, Greater Orlando Aviation Authority, Orlando International Airport, Orlando, FL
David L. Brown, 2017
President, Chairman, and Chief Executive Officer, Web.com, Jacksonville, FL
Miami Branch
Appointed by the Federal Reserve Bank
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
Victoria E. Villalba, 2017
President and Chief Executive Officer, Victoria & Associates Career Services, Inc., Miami, FL
Carol C. Lang, 2017
President, HealthLink Enterprises, Inc., Miami, FL
Appointed by the Board of Governors
Alberto Dosal, 2015
Chairman and Chief Executive Officer, Dosal Capital, LLC, Doral, FL
Rolando Montoya, 2016
Provost, Miami Dade College, Miami, FL
Thomas W. Hurley, 2017
Chairman and Chief Executive Officer, Becker Holding Corporation, Vero Beach, FL
Nashville Branch
Appointed by the Federal Reserve Bank
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
R. Craig Holley, 2017
Chattanooga Chairman, CapitalMark Bank & Trust, Chattanooga, TN
Appointed by the Board of Governors
William J. Krueger, 2015
Executive Vice President, JATCO USA, Inc., Franklin, TN
Kathleen Calligan, 2016
Chief Executive Officer, Better Business Bureau Middle Tennessee, Nashville, TN
Scott McWilliams, 2017
Executive Chairman and Chief Customer Officer, OHL, Brentwood, TN
New Orleans Branch
Appointed by the Federal Reserve Bank
Suzanne T. Mestayer, 2015
Managing Principal, ThirtyNorth Investments, LLC,
New Orleans, LA
Phillip R. May, 2015
President and Chief Executive Officer, Entergy Louisiana, LLC and Entergy Gulf States Louisiana, LLC, Jefferson, LA
Elizabeth A. Ardoin, 2016
Senior Executive Vice President - Director of Communications, IBERIABANK, Lafayette, LA
Lampkin Butts, 2017
President and Chief Operating Officer, Sanderson Farms, Inc., Laurel, MS
Appointed by the Board of Governors
Art E. Favre, 2015
President and Chief Executive Officer, Performance Contractors, Inc., 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
Fred T. Stimpson III, 2017
President, U.S. South Operations, Canfor Scotch Gulf, Mobile, AL
District 7-Chicago
Class A
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
David W. Nelms, 2017
Chairman and Chief Executive Officer, Discover Financial Services, Riverwoods, IL
Class B
Terry Mazany, 2015
President and Chief Executive Officer, The Chicago Community Trust, Chicago, IL
Jorge Ramirez, 2016
President, Chicago Federation of Labor, Chicago, IL
Nelda J. Connors, 2017
Chief Executive Officer, Pine Grove Holdings, LLC, Chicago, IL
Class C
Greg Brown, 2015
Chairman and Chief Executive Officer, Motorola Solutions, Inc., Schaumburg, IL
Jeffrey A. Joerres, 2015
Executive Chairman, ManpowerGroup, Milwaukee, WI
Anne R. Pramaggiore, 2016
President and Chief Executive Officer, ComEd, Chicago, IL
Detroit Branch
Appointed by the Federal Reserve Bank
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
Susan M. Collins, 2017
Joan and Sanford Weill Dean of Public Policy, University of Michigan, Ann Arbor, MI
Fernando Ruiz, 2017
Corporate Vice President and Treasurer, The Dow Chemical Company, Midland, MI
Appointed by the Board of Governors
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
Michael L. Seneski, 2017
Director, Corporate Strategy, Ford Motor Company, Dearborn, MI
District 8-St. Louis
Class A
William E. Chappel, 2015
Vice Chairman, The First National Bank, Vandalia, IL
D. Bryan Jordan, 2016
Chairman, President, and Chief Executive Officer, First Horizon National Corporation, Memphis, TN
Susan S. Stephenson, 2017
Co-Chairman and President, Independent Bank, Memphis, TN
Class B
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
John N. Roberts III, 2017
President and Chief Executive Officer, J.B. Hunt Transport Services, Inc., Lowell, AR
Class C
George Paz, 2015
Chairman and Chief Executive Officer, Express Scripts,
St. Louis, MO
Kathleen M. Mazzarella, 2016
Chairman, President and Chief Executive Officer, Graybar Electric Company, Inc.,
St. Louis, MO
Rakesh Sachdev, 2017
President and Chief Executive Officer, Sigma-Aldrich Corp.,
St. Louis, MO
Little Rock Branch
Appointed by the Federal Reserve Bank
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
Karama Neal, 2017
Chief Operating Officer, Southern Bancorp Community Partners, Little Rock, AR
Keith Glover, 2017
President and Chief Executive Officer, Producers Rice Mill, Inc., Stuttgart, AR
Appointed by the Board of Governors
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
Ray C. Dillon, 2017
President and Chief Executive Officer, Deltic Timber Corporation, El Dorado, AR
Louisville Branch
Appointed by the Federal Reserve Bank
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
Mary K. Moseley, 2017
President and Chief Executive Officer, Al J. Schneider Co., Louisville, KY
Malcolm Bryant, 2017
President, The Malcolm Bryant Corporation, Owensboro, KY
Appointed by the Board of Governors
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
Alice K. Houston, 2017
President, Houston-Johnson, Inc., Louisville, KY
Memphis Branch
Appointed by the Federal Reserve Bank
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
Michael E. Cary, 2017
President and Chief Executive Officer, Carroll Bank and Trust, Huntingdon, TN
R. Molitor Ford Jr., 2017
Vice Chairman and Chief Executive Officer, Commercial Bank and Trust Company, Memphis, TN
Appointed by the Board of Governors
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, Collierville, TN
David T. Cochran, Jr., 2017
Partner, CoCo Planting Co., Avon, MS
District 9-Minneapolis
Class A
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
Thomas W. Armstrong, 2017
President, The First National Bank of Park Falls,
Park Falls, WI
Class B
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
Kathleen Neset, 2017
President, Neset Consulting Service, Tioga, ND
Class C
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
MayKao Y. Hang, 2017
President and Chief Executive Officer, Amherst H. Wilder Foundation, St. Paul, MN
Helena Branch
Appointed by the Federal Reserve Bank
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
Duane Kurokawa, 2017
President, Western Bank of Wolf Point, Wolf Point, MT
Appointed by the Board of Governors
Marsha Goetting, 2015
Professor and Extension Family Economics Specialist, Montana State University, Bozeman, MT
Sarah Walsh, 2017
Chief Operating Officer, PayneWest Insurance, Helena, MT
District 10-Kansas City
Class A
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
Paul J. Thompson, 2017
President and Chief Executive Officer, Country Club Bank, Kansas City, MO
Class B
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
Lilly Marks, 2017
Vice President for Health Affairs, University of Colorado and Anschutz Medical Campus, Aurora, CO
Class C
Steve Maestas, 2015
Chief Executive Officer, Maestas Development Group, Albuquerque, NM
Rose Washington, 2016
Executive Director, Tulsa Economic Development Corporation, Tulsa, OK
James C. Farrell, 2017
President and Chief Executive Officer, Farmers National Company, Omaha, NE
Denver Branch
Appointed by the Federal Reserve Bank
Edmond Johnson, 2015
President and Owner, Permier Manufacturing Inc., Frederick, 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
Ashley J. Burt, 2017
President, The Gunnison Bank and Trust Company, Gunnison, CO
Appointed by the Board of Governors
Richard L. Lewis, 2015
President and Chief Executive Officer, RTL Networks Inc., Denver, CO
Margaret M. Kelly, 2016
Former Chief Executive Officer, RE/MAX, LLC, Denver, CO
Gary DeFrange, 2017
President and Chief Operating Officer, Winter Park Resort, Winter Park, CO
Oklahoma City Branch
Appointed by the Federal Reserve Bank
Michael C. Coffman, 2015
President and Chief Executive Officer, Panhandle Oil and Gas, Inc., Oklahoma City, OK
Jane Haskin, 2016
President and Chief Executive Officer, First Bethany Bank & Trust, Bethany, OK
Charles R. Hall, 2016
Chairman and Chief Executive Officer, Exchange Bank and Trust Company, Perry, OK
Tina Patel, 2017
Chief Financial Officer, Promise Hotels, Inc., Tulsa, OK
Appointed by the Board of Governors
Peter B. Delaney, 2015
Former Chairman and
Chief Executive Officer,
OGE Energy Corp.,
Oklahoma City, OK
Clint D. Abernathy, 2016
President, Abernathy Farms, Inc., Altus, OK
Douglas J. Stussi, 2017
Executive Vice President and Chief Financial Officer, Love's Travel Stops & Country Store, Oklahoma City, OK
Omaha Branch
Appointed by the Federal Reserve Bank
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
Jeff W. Krejci, 2017
President and Director, Cornerstone Bank, York, NE
Appointed by the Board of Governors
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
Eric L. Butler, 2017
Executive Vice President, Union Pacific Railroad, Omaha, NE
District 11-Dallas
Class A
Allan James "Jimmy" Rasmussen, 2015
President and Chief Executive Officer, HomeTown Bank, N.A., Galveston, TX
J. Russell Shannon, 2016
Chief Executive Officer, National Bank of Andrews, Andrews, TX
Christopher C. Doyle, 2017
President and Chief Executive Officer, Texas First Bank,
Texas City, TX
Class B
Ann B. Stern, 2015
President and Chief Executive Officer, Houston Endowment, Inc., Houston, TX
Curtis V. Anastasio, 2016
Executive Chairman, GasLog Partners LP, New York, NY
Jorge A. Bermudez, 2017
President and Chief Executive Officer, Byebrook Group,
College Station, TX
Class C
Greg L. Armstrong, 2015
Chairman and Chief Executive Officer, Plains All American Pipeline, Houston, TX
Matthew K. Rose, 2016
Executive Chairman, BNSF Railway Company,
Fort Worth, TX
Renu Khator, 2017
Chancellor and President, University of Houston, Houston, TX
El Paso Branch
Appointed by the Federal Reserve Bank
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
Jerry Pacheco, 2017
President, Global Perspectives Integrated, Inc.,
Santa Teresa, NM
Teresa O. Molina, 2017
President, First Next Mexico Bank, Deming, NM
Appointed by the Board of Governors
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
Richard D. Folger, 2017
Managing General Partner, Colbridge Partners Ltd., Midland, TX
Houston Branch
Appointed by the Federal Reserve Bank
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
Albert Chao, 2017
President and Chief Executive Officer, Westlake Chemical Corp, Houston, TX
R.A. "Al" Walker, 2017
Chairman, President, and Chief Executive Officer, Anadarko Petroleum Corporation, Houston, TX
Appointed by the Board of Governors
Ellen Ochoa, 2015
Government Executive and Director, NASA Johnson Space Center, Houston, TX
Marcus A. Watts, 2016
President, The Friedkin Group, Houston, TX
Robert C. Robbins, MD, 2017
President and Chief Executive Officer, Texas Medical Center, Houston, TX
San Antonio Branch
Appointed by the Federal Reserve Bank
Alfred B. Jones, 2015
President and Director, American Bank Holding Co.,
Corpus Christi, TX
Vacancy, 2016
Janie Barrera, 2017
President and Chief Executive Officer, LiftFund Texas, Inc.,
San Antonio, TX
Robert L. Lozano, 2017
Franchise Owner and Operator, Dairy Queen, Pharr, TX
Appointed by the Board of Governors
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
Manoj Saxena, 2017
Managing Director, The Entrepreneurs' Fund,
San Antonio, TX
District 12-San Francisco
Class A
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
Megan F. Clubb, 2017
Chief Executive Officer and Chairman of the Board, Baker Boyer National Bank,
Walla Walla, WA
Class B
Steven E. Bochner, 2015
Partner, Wilson, Sonsini, Goodrich, & Rosati, P.C.,
Palo Alto, CA
Nicole C. Taylor, 2016
Associate Vice Provost for Student Affairs and Dean of Community Engagement and Diversity, Stanford University, Stanford, CA
Richard A. Galanti, 2017
Executive Vice President and Chief Financial Officer, Costco Wholesale Corporation, Issaquah, WA
Class C
Alexander R. Mehran, 2015
Chairman and Chief Executive Officer, Sunset Development Company, San Ramon, CA
Barry M. Meyer, 2016
Chairman and Founder,
North Ten Mile Associates, Burbank, CA
Roy A. Vallee, 2017
Retired Executive Chairman and Chief Executive Officer, Avnet, Inc., Phoenix, AZ
Los Angeles Branch
Appointed by the Federal Reserve Bank
Ilyanne Morden Kichaven, 2015
Executive Director Los Angeles, SAG-AFTRA, Los Angeles, CA
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
Peggy Tsiang Cherng, 2017
Co-Chair of the Board and Co-Chief Executive Officer, Panda Restaurant Group, Inc., Rosemead, CA
Appointed by the Board of Governors
Gina Marie Lindsey, 2015
Retired Executive Director,
Los Angeles World Airports,
Los Angeles, CA
James A. Hughes, 2016
Chief Executive Officer, First Solar, Inc., Tempe, AZ
Robert H. Gleason, 2017
President and Chief Executive Officer, Evan Hotels,
San Diego, CA
Portland Branch
Appointed by the Federal Reserve Bank
S. Randolph Compton, 2015
President, Chief Executive Officer, and Co-Chairperson of the Board, Pioneer Trust Bank, N.A., Salem, OR
Steven J. Zika, 2016
Chief Executive Officer, Hampton Affiliates, Portland, OR
Robert C. Hale, 2017
Chief Executive Officer, Hale Companies, Hermiston, OR
Charles A. Wilhoite, 2017
Managing Director, Willamette Management Associates, Portland, OR
Appointed by the Board of Governors
Román D. Hernández, 2015
Partner, Schwabe, K&L Gates LLP, Portland, OR
Joseph E. Robertson Jr., MD, 2016
President, Oregon Health & Science University, Portland, OR
Tamara L. Lundgren, 2017
President and Chief Executive Officer, Schnitzer Steel Industries, Inc., Portland, OR
Salt Lake City Branch
Appointed by the Federal Reserve Bank
Susan D. Mooney Johnson, 2015
President, Futura Industries, Clearfield, UT
Albert T. Wada, 2016
Chairman, Wada Farms, Inc., Pingree, ID
Josh England, 2017
President, C.R. England, Inc.
Salt Lake City, UT
Park Price, 2017
Chief Executive Officer Emeritus and Chairman, Bank of Idaho, Idaho Falls, ID
Appointed by the Board of Governors
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
Patricia R. Richards, 2017
President and Chief Executive Officer, SelectHealth, Inc., Murray, UT
Seattle Branch
Appointed by the Federal Reserve Bank
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, Seattle, WA
Craig Dawson, 2017
President and Chief Executive Officer, Retail Lockbox, Inc., Seattle, WA
Carol K. Nelson, 2017
Pacific Region Sales Executive and Seattle Market President, KeyBank, Seattle, WA
Appointed by the Board of Governors
Mary O. McWilliams, 2015
Retired Executive Director, Washington Health Alliance, Seattle, WA
Sophie Minich, 2016
President and Chief Executive Officer, Cook Inlet Region, Inc., Anchorage, AK
Scott L. Morris, 2017
Chairman, President and Chief Executive Officer, Avista Corporation, Spokane, 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
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
Michael Strine, First Vice President
Additional office at East Rutherford, NJ
Philadelphia
James E. Nevels, Chair
Michael J. Angelakis, Deputy Chair
Patrick T. Harker, President
D. Blake Prichard, First Vice President
Cleveland
Christopher M. Connor, Deputy Chair
John P. Surma, Deputy Chair
Loretta J. Mester, President
Gregory Stefani, First Vice President
Cincinnati
Valerie L. Sheppard, Chair
LaVaughn M. Henry, Senior Regional Officer
Pittsburgh
Dawne S. Hickton, Chair
Guhan Venkatu, Senior Regional Officer
Richmond
Russell C. Lindner, Deputy Chair
Margaret G. Lewis, Deputy Chair
Jeffrey M. Lacker, President
Mark L. Mullinix, First Vice President
Baltimore
Samuel L. Ross, Chair
David E. Beck, Senior Vice President and Baltimore Regional Executive
Charlotte
Elizabeth A. Fleming, Chair
Matthew A. Martin, Senior Vice President and Charlotte Regional Executive
Atlanta
Thomas A. Fanning, Chair
Michael J. Jackson, Deputy Chair
Dennis P. Lockhart, President
Marie C. Gooding, First Vice President
Birmingham
Pamela B. Hudson, MD, Chair
Lesley McClure, Vice President and Regional Executive
Jacksonville
Harold Mills, Chair
Christopher L. Oakley, Vice President and Regional Executive
Miami
Alberto Dosal, Chair
Karen Gilmore, Vice President and Regional Executive
Nashville
William J. Krueger, Chair
Lee C. Jones, Vice President and Regional Executive
New Orleans
Terrie P. Sterling, Chair
Adrienne C. Slack, Vice President and Regional Executive
Chicago
Greg Brown, Chair
Anne R. Pramaggiore, Deputy Chair
Charles L. Evans, President
Ellen J. Bromagen, First Vice President
Additional office at Des Moines, IA
Detroit
Lou Anna K. Simon, Chair
Robert Wiley, Officer in Charge
St. Louis
George Paz, Chair
Rakesh Sachdev, Deputy Chair
James Bullard, President
David A. Sapenaro, First Vice President
Little Rock
Ray C. Dillon, Chair
Robert A. Hopkins, Regional Executive
Louisville
Susan E. Parsons, Chair
Maria Gerwing Hampton, Regional Executive
Memphis
Carolyn Chism Hardy, 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
Helena
Marsha Goetting, Chair
Susan Woodrow, Assistant Vice President and Branch Executive
Kansas City
Steve Maestas, Chair
Rose Washington, Deputy Chair
Esther L. George, President
Kelly J. Dubbert, First Vice President
Denver
Margaret M. Kelly, Chair
Alison Felix, Officer in Charge
Oklahoma City
Peter B. Delaney, Chair
Chad R. Wilkerson, Officer in Charge
Omaha
John F. Bourne, Chair
Nathan Kauffman, Officer in Charge
Dallas
Renu Khator, Chair
Matthew K. Rose, Deputy Chair
Robert S. Kaplan, President
Helen E. Holcomb, First Vice President
El Paso
Renard U. Johnson, Chair
Roberto A. Coronado, Officer in Charge
Houston
Ellen Ochoa, Chair
Daron D. Peschel, Officer in Charge
San Antonio
Catherine M. Burzik, Chair
Blake Hastings, Officer in Charge
San Francisco
Roy A. Vallee, Chair
Alexander R. Mehran, Deputy Chair
John C. Williams, President
Mark A. Gould, First Vice President
Additional office at Phoenix, AZ
Los Angeles
James A. Hughes, Chair
Roger W. Replogle, Officer in Charge
Portland
Joseph E. Robertson, Jr., Chair
Steven H. Walker, Officer in Charge
Salt Lake City
Bradley J. Wiskirchen, Chair
Robin A. Rockwood, Officer in Charge
Seattle
Scott L. Morris, 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 19-20 and November 3-4, 2015. The conference's executive committee members for 2015 are listed below.1
Conference of Chairs Executive Committee--2015
Emily K. Rafferty, Chair,
Federal Reserve Bank of New York
Roy A. Vallee, Vice Chair,
Federal Reserve Bank of San Francisco
Thomas A. Fanning, Member,
Federal Reserve Bank of Atlanta
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 2015 are listed below.
Conference of Presidents--2015
Dennis P. Lockhart, Chair,
Federal Reserve Bank of Atlanta
Eric S. Rosengren, Vice Chair,
Federal Reserve Bank of Boston
Maria R. Smith, 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 2015 are listed below. 2
Conference of First Vice Presidents--2015
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 4, 2015, the Conference of Chairs elected Roy A. Vallee, chair of the Federal Reserve Bank of San Francisco, as chair of the conference's executive committee for 2016. The conference also elected Thomas A. Fanning, chair of the Federal Reserve Bank of Atlanta for 2016 as vice chair, and Steve Maestas, chair of the Federal Reserve Bank of Kansas City for 2016, as the executive committee's third member. Return to text
2. On November 4, 2015, the conference elected Gregory Stefani as chair for 2016-17 and Kelly Dubbert, Federal Reserve Bank of Kansas City, as vice chair. The conference also elected Terri Bialowas as secretary and Erika Ramirez, Federal Reserve Bank of Kansas City, as assistant secretary. Return to text
