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Press Release

Cleveland Fed announces new leadership in Financial Support Services and Events and Education

Michael Beedles has been named vice president of Financial Support Services at the Federal Reserve Bank of Cleveland, effective June 11, 2018. He is responsible for leading the accounting, financial services, procurement services, payment services, and travel departments at the Bank.

Most recently, Beedles was vice president of finance and global controller at Kalibrate Technologies Ltd., a software technology company, where he enhanced US banking operations and streamlined cash management functions. Previously, Beedles was controller at Things Remembered and director of finance at the law firm Thompson Hine LLP.

He earned a BS in accounting and finance from the University of Cincinnati and is a certified public accountant.

Kathleen Niess has been promoted to assistant vice president, events and education, effective June 18, 2018. She will be responsible for setting the strategy for enhancing the public’s understanding of the Federal Reserve’s role through programming in the Conference Center and Learning Center and Money Museum.

Niess joined the Bank in 2016 as a manager in the Conference and Event Management Department. She played a key role in the planning and launch of the Bank’s new conference center, which opened in November 2017. Kathleen has more than 25 years of experience in event planning, public relations and donor relations, including roles with the Cleveland Clinic and Case Western Reserve University.

She holds a BS in public relations from Kent State University.

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,, 513.455.4479