The Federal Reserve Board announced the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2021.

Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these directors and each year designates one of its appointees as Chair and a second as Deputy Chair.

Following are the names of the Chairs and Deputy Chairs designated by the Board for 2021:

Boston

• Christina Hull Paxson, president, Brown University, Providence, Rhode Island, named Chair.
• Corey Thomas, chairman and chief executive officer, Rapid7, Inc., Boston, Massachusetts, named Deputy Chair.

New York

• Denise Scott, executive vice president, Local Initiatives Support Corporation, New York, New York, renamed Chair.
• Rosa M. Gil, founder, president, and chief executive officer, Comunilife, Inc., New York, New York, renamed Deputy Chair.

Philadelphia

• Madeline Bell, president and chief executive officer, The Children's Hospital of Philadelphia, Philadelphia, Pennsylvania, renamed Chair.
• Anthony Ibarguen, chief executive officer, Quench USA, Inc., King of Prussia, Pennsylvania, renamed Deputy Chair.

Cleveland

• Dwight E. Smith, president and chief executive officer, Sophisticated Systems, Inc., Columbus, Ohio, named Chair.
• Doris Carson Williams, president and chief executive officer, African American Chamber of Commerce of Western Pennsylvania, Pittsburgh, Pennsylvania, named Deputy Chair.

Richmond

• Eugene A. Woods, president and chief executive officer, Atrium Health, Charlotte, North Carolina, named Chair.
• Jodie W. McLean, chief executive officer, EDENS, Washington, D.C., named Deputy Chair.

Atlanta

• Elizabeth A. Smith, former executive chair, Bloomin' Brands, Inc., Tampa, Florida, named Chair.
• Claire Lewis Arnold, chief executive officer, Leapfrog Services, Inc., Atlanta, Georgia, named Deputy Chair.

Chicago

• E. Scott Santi, chairman and chief executive officer, Illinois Tool Works, Inc., Glenview, Illinois, renamed Chair.
• Helene D. Gayle, M.D., president and chief executive officer, The Chicago Community Trust, Chicago, Illinois, named Deputy Chair.

St. Louis

• Suzanne Sitherwood, president and chief executive officer, Spire Inc., St. Louis, Missouri, renamed Chair.
• James M. McKelvey, Jr., founder and chief executive officer, Invisibly, Inc., St. Louis, Missouri, renamed Deputy Chair.

Minneapolis

• Srilata Zaheer, dean, Carlson School of Management, University of Minnesota, Minneapolis, Minnesota, renamed Chair.
• Harry D. Melander, president, Minnesota Building and Construction Trades Council, St. Paul, Minnesota, renamed Deputy Chair.

Kansas City

• Edmond Johnson, president and owner, Premier Manufacturing, Inc., Frederick, Colorado, named Chair.
• Patrick A. Dujakovich, president, Greater Kansas City AFL-CIO, Kansas City, Missouri, named Deputy Chair.

Dallas

• Greg L. Armstrong, co-founder and chairman and chief executive officer (retired), Plains All American Pipeline L.P., Houston, Texas, renamed Chair.
• Thomas J. Falk, executive chairman (retired), Kimberly-Clark Corporation, Dallas, Texas, renamed Deputy Chair.

San Francisco

• Rosemary Turner, president (retired), north California district, United Parcel Service, Inc., Oakland, California, named Chair.
• Tamara L. Lundgren, chairman, president, and chief executive officer, Schnitzer Steel Industries, Inc., Portland, Oregon, named Deputy Chair.