The Federal Reserve Board on Monday announced the designation of the chairs and deputy chairs of the twelve Federal Reserve Banks for 2011.
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 2011: Boston Henri A. Termeer, Chairman, President and Chief Executive Officer, Genzyme Corporation, Cambridge, Massachusetts, renamed Chair.
Kirk A. Sykes, President, Urban Strategy America Fund, L.P., Boston, Massachusetts, renamed Deputy Chair.
New York Lee C. Bollinger, President, Columbia University, New York, New York, named Chair.
Katheryn S. Wylde, President and Chief Executive Officer, Partnership for New York City, New York, New York, named Deputy Chair.
Philadelphia Charles P. Pizzi, President and Chief Executive Officer, Tasty Baking Company, Philadelphia, Pennsylvania, renamed Chair.
Jeremy Nowak, President and Chief Executive Officer, The Reinvestment Fund, Philadelphia, Pennsylvania, renamed Deputy Chair.
Cleveland Alfred M. Rankin, Jr., Chairman, President and Chief Executive Officer, NACCO Industries, Inc., Cleveland, Ohio, renamed Chair.
Richard K. Smucker, Executive Chairman and Co-Chief Executive Officer, The J.M. Smucker Company, Orrville, Ohio, renamed Deputy Chair.
Richmond Margaret E. McDermid, Senior Vice President and Chief Information Officer, Dominion Resources, Inc., Richmond, Virginia, named Chair.
Linda D. Rabbitt, Chairman and Chief Executive Officer, Rand Construction Corporation, Washington, D.C., named Deputy Chair.
Atlanta Carol B. Tomé, Chief Financial Officer and Executive Vice President, The Home Depot, Atlanta, Georgia, renamed Chair.
Thomas I. Barkin, Director, McKinsey & Company, Atlanta, Georgia, renamed Deputy Chair.
Chicago William C. Foote, Chairman and Chief Executive Officer, USG Corporation, Chicago, Illinois, renamed Chair.
Thomas J. Wilson, Chairman, President and Chief Executive Officer, The Allstate Corporation, Northbrook, Illinois, renamed Deputy Chair.
St. Louis Steven H. Lipstein, President and Chief Executive Officer, BJC HealthCare, St. Louis, Missouri, renamed Chair.
Ward M. Klein, Chief Executive Officer, Energizer Holdings, Inc., St. Louis, Missouri, renamed Deputy Chair.
Minneapolis John W. Marvin, Chairman and Chief Executive Officer, Marvin Windows and Doors, Warroad, Minnesota, renamed Chair.
Mary K. Brainerd, President and Chief Executive Officer, HealthPartners, Minneapolis, Minnesota, renamed Deputy Chair.
Kansas City Paul DeBruce, Chief Executive Officer and Chairman/Founder, DeBruce Grain, Inc., Kansas City, Missouri, named Chair.
Lu M. Cordova, Chief Executive Officer, Corlund Industries, LLC; President and General Manager, Almacen Storage Group, Boulder, Colorado, named Deputy Chair.
Dallas Herb Kelleher, Founder and Chairman Emeritus, Southwest Airlines, Dallas, Texas, named Chair.
Myron E. Ullman III, Chief Executive Officer and Chairman of the Board, J.C. Penney Company, Inc., Plano, Texas, named Deputy Chair.
San Francisco Douglas W. Shorenstein, Chairman and Chief Executive Officer, Shorenstein Properties LLC, San Francisco, California, named Chair.
Patricia E. Yarrington, Vice President and Chief Financial Officer, Chevron Corporation, San Ramon, California, named Deputy Chair.
