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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.

Download the Director Diversity Disclosures

Class A

Class A directors represent the member commercial banks in the Fourth District. They are elected by voting representatives of District member banks.

Class B

Class B directors are selected to represent the public and its varied interests in agriculture, commerce, industry, services, labor, and consumer sectors. They, too, are elected by voting representatives of member banks within the District.

Class C

Class C directors are selected to represent the public and its varied interests in agriculture, commerce, industry, services, labor, and consumer sectors, just as are Class B directors. Unlike Class A and Class B directors, however, Class C directors are appointed by the Board of Governors in Washington DC.

Cleveland

Heidi L. Gartland

Chair

Chief Government and Community Relations OfficerUniversity Hospitals

Rich Kramer

Richard J. Kramer

Deputy Chair

Former Chairman, Chief Executive Officer, and PresidentThe Goodyear Tire & Rubber Company

Jacqueline Gamblin

Chief Executive OfficerJYG Innovations

Ramona Hood

Ramona Hood

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

James Nicholson

President and Chief Executive OfficerNorth Valley Bank

Eddie Steiner

Eddie L. Steiner

President and Chief Executive OfficerCSB Bancorp, Inc.

Holly B. Wiedemann

Holly B. Wiedemann

FounderAU Associates, Inc.

Cincinnati Branch

Rachid Abdallah

Rachid Abdallah

Chair

Chair and Chief Executive OfficerJedson Engineering

Archie Brown

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

Mary Meixelsperger

Chief Financial OfficerValvoline, Inc.

Jill P. Meyer

Former President and Chief Executive OfficerCincinnati USA Regional Chamber

Bimal Patel

Bimal Patel

PresidentRolling Hills Hospitality

Pittsburgh Branch

Vera Krekanova

Vera Krekanova

Chair

Chief Strategy and Research OfficerAllegheny Conference on Community Development

Gene Boyer III

Brokerage AdvisorNAI Burns Scalo

Earl Buford

Earl Buford

PresidentCAEL

Christina A. Cassotis

Christina A. Cassotis

Chief Executive OfficerAllegheny County Airport Authority

Sanjay Chopra

Sanjay Chopra

Chief Executive OfficerCognistx

Kathy Wilson Humphrey

Kathy Wilson Humphrey

PresidentCarlow University

Nishan J Vartanian

Nishan J. Vartanian

Chair, President, and Chief Executive OfficerMSA Safety Incorporated

Related Content

Election Process for Federal Reserve Bank of Cleveland Directors

Annually, the Federal Reserve Bank of Cleveland holds elections for positions held by directors of the main office’s board whose terms expire on the last day of the calendar year. Off-cycle elections are conducted when vacancies occur during the year. Member banks participate in the election by nominating and then voting on Class A and Class B director candidates.

Roles and Responsibilities of Reserve Bank Directors

Learn about the important role our directors play in informing the monetary policymaking process and in advancing the Federal Reserve System’s mission to foster a stable economy that works for all.

Corporate Governance and Transparency

The Federal Reserve Bank of Cleveland’s sound corporate governance framework, policies, and practices are essential to maintaining the trust and respect of our stakeholders.

Directors’ Short Biographies