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Press Release

New Cincinnati Branch director to be appointed to fill unexpired term

The Federal Reserve Bank of Cleveland’s Board of Directors will appoint a new Cincinnati Branch director to complete the unexpired term of Mary Meixelsperger, who will leave the position July 31.

Meixelsperger is relocating out of the Fourth District. She recently retired as chief financial officer of Valvoline Inc., based in Lexington, Kentucky. The new director, once chosen, is scheduled to serve from Jan. 1, 2026, through the end of the year, when the term expires.

Learn more about the structure of our boards and how directors are selected: Our Directors (clevelandfed.org)

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

Chuck Soder, chuck.soder@clev.frb.org, 216.672.2798