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Fed Appoints Chairs, Deputy Chairs of Federal Reserve Banks for 2021

December 28, 2020, 09:10 AM

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.






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