The Federal Reserve Board has named 12 chairs and 12 deputy chairs for all of its Federal Reserve Banks for 2017.
Each Fed Reserve Bank has nine directors. Of these, three are appointed by the Fed's board of governors -- from which the chair and deputy chair of each Reserve Bank are selected yearly.
Gary Gottlieb, CEO of Boston-based Partners In Health, was named chair of the Federal Reserve Bank of Boston, while Massachusetts Institute of Technology professor Phillip Clay was named deputy chair.
Sara Horowitz was appointed chair of the Federal Reserve Bank of New York, while Denise Scott was appointed deputy chair. Horowitz is executive director of Brooklyn-based Freelancers Union, while Scott serves as executive vice president at New York-based Local Initiatives Support Corp.
At the Federal Reserve Bank of Philadelphia, Michael Angelakis, chairman and CEO of Bryn Mawr, Pa.-based Atairos Management LP was renamed chair. Brian McNeill, president and CEO of Concordville, Pa.-based TouchPoint Inc., was also renamed deputy chair.
John Surma was appointed chair of the Federal Reserve Bank of Cleveland, while Dawne Hickton was appointed deputy chair. Surma is chairman and retired CEO of Pittsburgh-based United States Steel Corp., while Hickton is a former president and CEO of Pittsburgh-based RTI International Metals Inc.
At the Federal Reserve Bank of Richmond, Margaret Lewis was named chair. Lewis is a retired president of Richmond, Va.-based HCA Capital Division. Kathy Warden was named deputy chair. Warden is corporate vice president and president of Mission Systems at Linthicum, Md.-based Northrop Grumman Corp.
The Fed renamed Thomas Fanning and Michael Jackson as chair and deputy chair of the Federal Reserve Bank of Atlanta, respectively. Fanning is chairman, president and CEO of Atlanta-based Southern Co., while Jackson is chairman, CEO and president of Fort Lauderdale, Fla.-based AutoNation Inc.
Anne Pramaggiore, president and CEO of Chicago-based ComEd, was appointed Federal Reserve Bank of Chicago's chair. Meanwhile, E. Scott Santi, chairman and CEO of Glenview, Ill.-based Illinois Tool Works Inc., was selected as deputy chair.
At the Federal Reserve Bank of St. Louis, Kathleen Mazzarella was renamed chair, while Suzanne Sitherwood was renamed deputy chair. Mazzarella is chairman, president and CEO of St. Louis-based Graybar Electric Co. Inc., while Sitherwood is president and CEO of St. Louis-based Spire Inc.
MayKao Hang, president and CEO of St. Paul, Minn.-based Amherst H. Wilder Foundation, was renamed Federal Reserve Bank of Minneapolis' chair. Kendall Powell, chairman and CEO of Minneapolis-based General Mills Inc., was also renamed as deputy chair at the Minneapolis Fed.
Rose Washington was named chair of Federal Reserve Bank of Kansas City, while Steve Maestas was named deputy chair. Washington is executive director of Tulsa, Okla.-based Tulsa Economic Development Corp., while Maestas is CEO of Albuquerque, N.M.-based Maestas Development Group.
Matthew Rose was named Federal Reserve Bank of Dallas' chair. He is executive chairman of Fort Worth, Texas-based BNSF Railway Co. Meanwhile, Greg Armstrong was named the Dallas Fed's deputy chair. He is chairman and CEO of Houston-based Plains All American Pipeline LP.
At the Federal Reserve Bank of San Francisco, Alexander Mehran was designated as chair, while Barry Meyer was designated as deputy chair. Mehran is chairman and CEO of San Ramon, Calif.-based Sunset Development Co., while Meyer is chairman and retired CEO of Warner Brothers Entertainment. He is also chairman and founder of Burbank, Calif.-based North Ten Mile Associates.