Cleveland Fed Launches Search for Next President and CEO to Succeed Loretta J. Mester, Whose Tenure Will Conclude on June 30, 2024.
The Federal Reserve Bank of Cleveland today launched the search for a president and CEO to succeed Loretta J. Mester, whose tenure will conclude on June 30, 2024, in accordance with Federal Reserve mandatory age and length of service policies.
A committee comprised of eligible members of the Cleveland Fedโs board of directors (Class B and C directors who are not affiliated with institutions regulated by the Federal Reserve) has been formed to conduct the search, consistent with Federal Reserve policies and the Federal Reserve Act. The committee will be chaired by Heidi Gartland, chief government and community relations officer, University Hospitals, and deputy chair of the board of directors of the Federal Reserve Bank of Cleveland.
โPresident Mesterโs strong leadership over the past decade has positioned the Cleveland Fed as an important resource to the community and the nation. Thanks in no small part to her intellect, energy, and dedication to public service, the Cleveland Fed today is known around the globe for its top-quality economic research, financial institution supervision, community development outreach, and delivery of financial services,โ Gartland said. โWe are committed to finding a new leader who can ensure the Bank continues to meet the high standard that President Mester has set.โ
The committee will undertake a nationwide search, gathering broad community input. In addition to Gartland, the committee includes the following members of the Bankโs board of directors:
- Doris Carson Williams, president and CEO, African American Chamber of Commerce of Western Pennsylvania and chair, Federal Reserve Bank of Cleveland board of directors
- Jacqueline Gamblin, chief executive officer, JYG Innovations
- Darrell McNair, president and chief executive officer, MVP Plastics, Inc.
- Holly Wiedemann, founder, AU Associates, Inc.
TLDRS:
- Cleveland Fed Launches Search for Next President and CEO to Succeed Loretta J. Mester, Whose Tenure Will Conclude on June 30, 2024.
- A committee comprised of eligible members of the Cleveland Fedโs board of directors (Class B and C directors who are not affiliated with institutions regulated by the Federal Reserve) has been formed to conduct the search.
- The committee will be chaired by Heidi Gartland, chief government and community relations officer, University Hospitals, and deputy chair of the board of directors of the Federal Reserve Bank of Cleveland and consist of:
- Doris Carson Williams, president and CEO, African American Chamber of Commerce of Western Pennsylvania and chair, Federal Reserve Bank of Cleveland board of directors
- Jacqueline Gamblin, chief executive officer, JYG Innovations
- Darrell McNair, president and chief executive officer, MVP Plastics, Inc.
- Holly Wiedemann, founder, AU Associates, Inc.
