Cleveland Fed Announces Director and Federal Advisory Council Appointments

The Federal Reserve Bank of Cleveland announced the following appointments to its main office and branch boards of directors and to the Federal Advisory Council. All appointments were effective January 1, 2003.

Federal Reserve Bank of Cleveland

Robert W. Mahoney, retired chairman of the board and chief executive officer of Diebold, Incorporated, Canton, Ohio, was appointed chairman of the board of the Federal Reserve Bank of Cleveland. Mahoney previously served as deputy chairman of the board.

Charles E. Bunch, president and chief operating officer of PPG Industries, Inc., Pittsburgh, Pennsylvania, was appointed a director and named deputy chairman. Bunch previously served as chairman of the board of the Bank's Pittsburgh Office.

Benedict Weissenrieder, chairman and chief executive officer of Hocking Valley Bank, Athens, Ohio, and (Ms.) Tanny Crane, president and chief executive officer of Crane Plastics Company, Columbus, Ohio, were elected directors of the Cleveland Reserve Bank. In addition, Phillip R. Cox, president and chief executive officer of Cox Financial Corporation, Cincinnati, Ohio, was reappointed a director. Weissenrieder previously served as a director of the Bank's Cincinnati Office, and Crane is a former member of the Bank's Business Advisory Council.

Cincinnati Office

Dennis C. Cuneo, senior vice president of Toyota Motor Manufacturing North America, Inc., Erlanger, Kentucky, was appointed a director and named chairman of the board of directors of the Cincinnati Office of the Federal Reserve Bank of Cleveland.

Glenn D. Leveridge, president of Bank One, Kentucky, N.A., Lexington, Kentucky, and Charlotte W. Martin, president and chief executive officer of Great Lakes Bankers Bank, Gahanna, Ohio, were appointed directors. In addition, V. Daniel Radford, executive secretary-treasurer of the Cincinnati AFL-CIO Labor Council, Cincinnati, Ohio, was reappointed a director.

Pittsburgh Office

Roy W. Haley, chairman and chief executive officer of WESCO International, Inc., Pittsburgh, Pennsylvania, was appointed a director and named chairman of the board of directors of the Pittsburgh Office of the Federal Reserve Bank of Cleveland.

Ronnie L. Bryant, president and chief operating officer of the Pittsburgh Regional Alliance, Pittsburgh, Pennsylvania, and Georgiana N. Riley, president of TIGG Corporation, Bridgeville, Pennsylvania, were appointed directors.

Federal Advisory Council

Martin G. McGuinn, chairman and chief executive officer of Mellon Financial Corporation, Pittsburgh, Pennsylvania, will represent the Fourth Federal Reserve District on the Federal Advisory Council in 2003.

The Council is composed of representatives of the banking industry from each of the 12 Federal Reserve Districts. The Council consults with and advises the Board of Governors of the Federal Reserve System on general business conditions and issues related to the financial services industry.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell, doug.campbell@clev.frb.org, 513.455.4479