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Our Directors
Structure, Composition, and Leadership of Boards of Directors
The Federal Reserve Bank of Cleveland was established under the Federal Reserve Act in 1914 and is subject to the general oversight and supervision of the Board of Governors of the Federal Reserve System in Washington DC. The Cleveland Fed is governed by a nine‐member board of directors, which consists of three classes of directors. This three-class structure is designed to ensure that directors bring diverse perspectives to board discussions.
The Cleveland Fed is the main office for the Fourth Federal Reserve District. The District also has branch offices in Cincinnati and Pittsburgh, and each branch has its own board of seven directors, three appointed by the Board of Governors and four appointed by the main office’s board of directors. Collectively, the three boards comprise representatives from a variety of Fourth District industries, sectors, and communities. Please visit the Board of Governors website for detailed information about the demographic characteristics of Reserve Bank main office and branch directors.
Board of Directors Leadership
Each year, one Class C director is designated by the Board of Governors as chair of the main office board of directors and another Class C director is designated deputy chair. Additionally, each year, one of the directors appointed by the Board of Governors at each branch is designated chair by the main office board.
Tenure and Rotation of Reserve Bank Directors
Main office and branch directors are elected or appointed for staggered three‐year terms for up to two terms. When a director does not serve a full term, the successor director serves the unexpired portion of that term.
Director Diversity Disclosures
Information on diversity, demographics, and sector representation of Federal Reserve Bank of Cleveland boards of directors is available to the public.
Cleveland
Richard J. Kramer
Deputy Chair
Former Chairman, Chief Executive Officer, and PresidentThe Goodyear Tire & Rubber Company
Jacqueline Gamblin
Chief Executive OfficerJYG Innovations
Ramona Hood
Former President and Chief Executive OfficerFedEx Custom Critical
Helga Houston
Senior Executive Vice President and Chief Risk OfficerHuntington Bancshares Incorporated
Darrell McNair
President and Chief Executive OfficerMVP Plastics, Inc.
James Nicholson
President and Chief Executive OfficerNorth Valley Bank
Eddie L. Steiner
President and Chief Executive OfficerCSB Bancorp, Inc.
Holly B. Wiedemann
FounderAU Associates, Inc.
Cincinnati Branch
Archie Brown
President and Chief Executive OfficerFirst Financial Bancorp
Melvin J. Gravely II
Executive ChairTriversity Construction Company
Gina McFarlane-El
Chief Executive OfficerFive Rivers Health Centers
Mary Meixelsperger
Chief Financial OfficerValvoline, Inc.
Jill P. Meyer
Chief Operating Officer and Managing Director-CincinnatiThe O.H.I.O. Fund
Bimal Patel
PresidentRolling Hills Hospitality
Pittsburgh Branch
Vera Krekanova
Chair
Chief Strategy and Research OfficerAllegheny Conference on Community Development
Gene Boyer III
Brokerage AdvisorNAI Burns Scalo
Earl Buford
PresidentCAEL
Christina A. Cassotis
Chief Executive OfficerAllegheny County Airport Authority
Sanjay Chopra
Chief Executive OfficerCognistx
Kathy Wilson Humphrey
PresidentCarlow University
Nishan J. Vartanian
ChairmanMSA Safety Incorporated