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Meet Our President and First Vice President

As president and chief executive officer of the Federal Reserve Bank of Cleveland, Loretta J. Mester participates in the formulation of US monetary policy and oversees 1,000 employees in Cleveland, Cincinnati, and Pittsburgh who conduct economic research, supervise banking institutions, and provide payment services to depository institutions. She assumed her role as president and chief executive officer in June 2014.

Mark S. Meder is first vice president and chief operating officer of the Federal Reserve Bank of Cleveland. He oversees all operating and support activities in the Cleveland Reserve Bank headquarters and in the Bank’s Pittsburgh and Cincinnati Branches.

Loretta J. Mester, president and chief executive officer, and Mark Meder, first vice president and chief operating officer.

Loretta J. Mester, president and chief executive officer, and Mark Meder, first vice president and chief operating officer.

Meet Additional Members of Our Executive Leadership Team

The purpose of the Executive Leadership Team (ELT) is to provide broad organizational leadership, oversight, and direction; to ensure the Bank’s strategy, structure, and culture are aligned; and to serve as an advisory body to the president. Learn more about our other ELT members below.

Michael Beedles

Michael Beedles

Senior Vice President and Chief Financial Officer
Thomas Dockman

Thomas Dockman

Executive Vice President

William D. Fosnight

Senior Vice President and General Counsel
Stephen H. Jenkins

Stephen H. Jenkins

Senior Vice President
Lisa Lipscomb

Lisa Lipscomb

Senior Vice President and General Auditor
Diana Starks

Diana C. Starks

Senior Vice President and Diversity Officer
Ellis W. Tallman

Ellis W. Tallman

Executive Vice President and Director of Research
Margie Wright McGowan

Margie Wright-McGowan

Executive Vice President and Chief Human Resources Officer