Cleveland Fed Announces Appointments to Cleveland, Cincinnati, and Pittsburgh Boards and Federal Advisory Council

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.

Federal Reserve Bank of Cleveland

Alfred M. Rankin, Jr., chairman, president, and chief executive officer of NACCO Industries, Inc., Cleveland, Ohio, was reappointed chairman of the board of directors of the Federal Reserve Bank of Cleveland for 2011. Rankin has served as chairman of the Cleveland Reserve Bank since 2010 and as a Bank director since 2006. He also served as the Bank’s deputy chair from 2007 through 2009.

Richard K. Smucker, executive chairman and co-chief executive officer, The J.M. Smucker Company, Orrville, Ohio, was reappointed deputy chairman of the board for 2011. Smucker has served as deputy chair since 2010.

Christopher M. Connor, chairman and chief executive officer, The Sherwin-Williams Company, Cleveland, Ohio, was appointed a director.

Paul G. Greig, chairman, president and chief executive officer, FirstMerit Bank, Akron, Ohio, was elected a director.

Cincinnati Branch

James M. Anderson, immediate past president and chief executive officer, Cincinnati Children's Hospital Medical Center, Cincinnati, Ohio, was reappointed chairman of the board of the Cincinnati Branch of the Federal Reserve Bank of Cleveland for 2011. Anderson has served as chairman of the Cincinnati Branch board since 2005.

Peter S. Strange, chairman and chief executive officer, Messer Inc., Cincinnati, Ohio, was reappointed a director.

Austin Keyser, business manager and financial secretary, International Brotherhood of Electrical Workers, Local 575, Portsmouth, Ohio, was appointed a director.

Pittsburgh Branch

Sunil T. Wadhwani, co-chairman, iGATE Corporation, Pittsburgh, Pennsylvania, was reappointed chairman of the board of the Pittsburgh Branch of the Federal Reserve Bank of Cleveland for 2011. He has served as chairman of the Pittsburgh Branch board since 2008.

Grant Oliphant, president and chief executive officer, The Pittsburgh Foundation, Pittsburgh, Pennsylvania, was appointed a director.

Glenn R. Mahone, partner and attorney at law, Reed Smith LLP, Pittsburgh, Pennsylvania, and Todd Brice, chief executive officer, S&T Bancorp, Indiana, Pennsylvania, were reappointed directors.

Federal Advisory Council

James E. Rohr, chairman and chief executive officer, PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania, was appointed to a one-year term as the Fourth Federal Reserve District's representative on the Federal Advisory Council. The Federal Advisory 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, 513.218.1892