11 are new in Federal Reserve Bank chair, deputy chair posts in 2022

Eleven of the 24 individuals named to the top board posts of the 12 Federal Reserve Banks for 2022 are new to those positions.

As noted in an announcement earlier this week, the Federal Reserve Board names three members of each Reserve Bank’s nine-member board and designates one as chair and one as deputy chair. For five of the nine Reserve Banks, the Fed named new chairs and new deputy chairs for 2022; it also named a new deputy chair for the Minneapolis district bank.

Following are the 2022 chairs and deputy chairs of the 12 Reserve Bank boards, listed by district:

Boston

  • Christina Hull Paxson, president, Brown University, Providence, R.I., renamed chair.
  • Corey Thomas, chairman and chief executive officer, Rapid7, LLC, Boston, Mass., renamed deputy chair.

New York

  • Rosa M. Gil, founder, president, and chief executive officer, Comunilife, Inc., New York, N.Y., named chair. (Gil was deputy chair in 2021.)
  • Vincent Alvarez, president, New York City Central Labor Council, AFL-CIO, New York, N.Y., named deputy chair.

Philadelphia

  • Madeline Bell, president and chief executive officer, The Children’s Hospital of Philadelphia, Philadelphia, Pa., renamed chair.
  • Anthony Ibarguen, chief executive officer, Quench USA, Inc., King of Prussia, Pa., renamed deputy chair.

Cleveland

  • Dwight E. Smith, president and chief executive officer, Sophisticated Systems, Inc., Columbus, Ohio, renamed chair.
  • Doris Carson Williams, president and chief executive officer, African American Chamber of Commerce of Western Pennsylvania, Pittsburgh, Pa., renamed deputy chair.

Richmond

  • Eugene A. Woods, president and chief executive officer, Atrium Health, Charlotte, N.C., renamed chair.
  • Jodie W. McLean, chief executive officer, EDENS, Washington, D.C., renamed deputy chair.

Atlanta

  • Elizabeth A. Smith, former executive chair, Bloomin’ Brands, Inc., Tampa, Fla., renamed chair.
  • Claire Lewis Arnold, chief executive officer, Leapfrog Services, Inc., Atlanta, Ga., renamed deputy chair.

Chicago

  • Helene D. Gayle, M.D., president and chief executive officer, The Chicago Community Trust, Chicago, Ill., named chair. (Gayle was deputy chair in 2021.)
  • Jennifer F. Scanlon, president and chief executive officer, UL Inc., Northbrook, Ill., named deputy chair.

St. Louis

  • James M. McKelvey, Jr., founder and chief executive officer, Invisibly, Inc., St. Louis, Mo., named chair. (McKelvey was deputy chair in 2021.)
  • Carolyn Chism Hardy, president and chief executive officer, Chism Hardy Investments, LLC, Bartlett, Tenn., named deputy chair.

Minneapolis

  • Srilata Zaheer, dean, Carlson School of Management, University of Minnesota, Minneapolis, Minn., renamed chair.
  • Chris Hilger, chairman, president, and chief executive officer, Securian Financial, St. Paul, Minn., named deputy chair.

Kansas City

  • Edmond Johnson, president and chief executive officer, Premier Manufacturing, Inc. and president and chief executive officer, eNFUSION, Frederick, Colo., renamed chair.
  • Patrick A. Dujakovich, president, Greater Kansas City AFL-CIO, Kansas City, Mo., renamed deputy chair.

Dallas

  • Thomas J. Falk, retired chairman and chief executive officer, Kimberly-Clark Corporation, Dallas, Texas, named chair. (Falk was deputy chair in 2021.)
  • Claudia Aguirre, president and chief executive officer, BakerRipley, Houston, Texas, named deputy chair.

San Francisco

  • Tamara L. Lundgren, chairman, president, and chief executive officer, Schnitzer Steel Industries, Inc., Portland, Ore., named chair. (Lundgren was deputy chair in 2021.)
  • David P. White, immediate past chief executive officer and current strategic advisor, Screen Actors Guild (SAG-AFTRA), Los Angeles, Calif., and current venture partner, Ulu Ventures, Palo Alto, Calif., named deputy chair.

Federal Reserve Board announces designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2022

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