Boards of Directors
As part of the Federal Reserve Act, each of the 12 Reserve Banks is subject to the supervision of a nine-member board of directors. Each branch has a seven-member board that provides regional economic insights.
Head office directors play a critical role in the effective functioning of the Federal Reserve System, supervising the administration of their respective Reserve Bank's operations, performing an important corporate governance function, and providing insights to help inform Federal Open Market Committee deliberations.
Directors are an important connection between the Reserve Banks and their communities. As part of their role, directors are expected to contribute to the Federal Reserve System's understanding of the economic conditions across their District and the effect of those conditions on the overall economy.
Atlanta
By-Laws | Committee Assignments | Executive Committee Charter | Audit and Risk Committee Charter | Meeting Minutes
Gregory A.
Haile (Chair)
Chief Executive Officer
Upwardly Global
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School
Ft. Lauderdale, Florida
Class C, term expires 12/31/2026
James O. Etheredge (Deputy Chair)
Former Chief Executive Officer
Accenture North America
Atlanta, Georgia
Class C, term expires 12/31/2028
William Y. Carroll
Jr.
President and Chief Executive Officer
SmartBank Inc.
Pigeon Forge, Tennessee
Class A, term expires 12/31/2027
Cynthia N.
Day
President and Chief Executive Officer
Citizens Trust Bank
Atlanta, Georgia
Class A, term expires 12/31/2028
G. Janelle
Frost
President and Chief Executive Officer
AMERISAFE Inc.
DeRidder, Louisiana
Class B, term expires 12/31/2027
Michael E.
Longo
Former President and Chief Executive Officer
Hibbett Inc.
Birmingham, Alabama
Class B, term expires 12/31/2026
Ana M.
Menendez
Chief Financial Officer and Treasurer
Watsco Inc.
Coconut Grove, Florida
Class C, term expires 12/31/2027
Rajinder P.
Singh
Chairman, President, and Chief Executive Officer
BankUnited Inc.
Miami Lakes, Florida
Class A, term expires 12/31/2026
Nicole B.
Thomas
Hospital President
Baptist Medical Center Jacksonville
Jacksonville, Florida
Class B, term expires 12/31/2028
Birmingham
Hafiz
Chandiwala (Chair)
Executive Vice President and Chief Administrative Officer
Coca Cola Bottling Company United Inc.
Birmingham, Alabama
Term expires 12/31/2026
Dr. Samuel
Addy
Associate Dean for Economic Development Outreach
Culverhouse College of Business
Senior Research Economist, Center for Business and Economic Research
The University of Alabama
Tuscaloosa, Alabama
Term expires 12/31/2026
Samuel (Beau) T. Benton
President
LBA Hospitality
Dothan, Alabama
Term expires 12/31/2028
Larry E. Lewis
Jr.
President
PROJECTXYZ Inc.
Huntsville, Alabama
Term expires 12/31/2027
Michelle
Lewis
Chief Financial Officer
AAA Cooper Transportation
Dothan, Alabama
Term expires 12/31/2027
Davis
Ozier
President
Coosa Composites
Pelham, Alabama
Term expires 12/31/2028
Michael
Ross
President and Chief Executive Officer
CB&S Bank
Russellville, Alabama
Term expires 12/31/2027
Jacksonville
Edward A.
Moratin (Chair)
President
Lift Orlando
Orlando, Florida
Term expires 12/31/2026
Christy Budnick
Berkshire Hathaway HomeServices
Florida Network Realty
Atlantic Beach, Florida
Term expires 12/31/2027
Dana
Kilborne
Chief Executive Officer
Cypress Capital Group
President and Chief Executive Officer
Cypress Bank and Trust
Melbourne, Florida
Term expires 12/31/2026
Lisa Palmer
President and Chief Executive Officer
Regency Centers Corporation
Jacksonville, Florida
Term expires 12/31/2028
Bemetra
Simmons
President and Chief Executive Officer
Tampa Bay Partnership
Tampa, Florida
Term expires 12/31/2027
R. Andrew
Watts
Executive Vice President, Chief Financial Officer, and Treasurer
Brown & Brown Inc.
Daytona Beach, Florida
Term expires 12/31/2028
Brian
Wolfburg
President and Chief Executive Officer
VyStar Credit Union
Jacksonville, Florida
Term expires 12/31/2027
Miami
Diane J.
Bessette (Chair)
Vice President and Chief Financial Officer
Lennar Corporation
Miami, Florida
Term expires 12/31/2026
Kathleen
Cannon
President and Chief Executive Officer
United Way of Broward County
Fort Lauderdale, Florida
Term expires 12/31/2027
Rita Case
President and Chief Executive Officer
Rick Case Automotive Group
Sunrise, Florida
Term expires 12/31/2028
Jose E.
Cueto
Chief Executive Officer
Grove Bank and Trust
Miami, Florida
Term expires 12/31/2028
Ignacio
Garcia-Menocal
Cofounder and Chief Executive Officer
Grove Bay Hospitality Group
Miami, Florida
Term expires 12/31/2026
Daniel
Lavender
Chief Executive Officer
Moorings Park Institute Inc.
Naples, Florida
Term expires 12/31/2026
Ginger
Martin
Chairperson–Fort Lauderdale
United Community Bank
Fort Lauderdale, Florida
Term expires 12/31/2027
Nashville
W. Bradley
Southern (Chair)
Chair and Chief Executive Officer
Louisiana-Pacific Corporation
Nashville, Tennessee
Term expires 12/31/2026
Marshall E. Crawford
Jr.
President and Chief Executive Officer
The Housing Fund Inc.
Nashville, Tennessee
Term expires 12/31/2026
Amanda W.
Hite
President
STR
Hendersonville, Tennessee
Term expires 12/31/2028
Shanna
Jackson
President
Nashville State Community College
Nashville, Tennessee
Term expires 12/31/2027
Christopher T. McKee
President and Chief Executive Officer
McKee Foods Corporation
Collegedale, Tennessee
Term expires 12/31/2027
Laura Ritchey
President and Chief Executive Officer
GEODIS Americas
Brentwood, Tennessee
Term expires 12/31/2028
Adam L.
Wright
Chief Executive Officer
Pilot Company
Knoxville, Tennessee
Term expires 12/31/2027
New Orleans
Melissa B.
Rogers (Chair)
President
Noble Plastics
Grand Coteau, Louisiana
Term expires 12/31/2028
William J.
Bynum
Chief Executive Officer
Hope Credit Union, Hope Enterprise Corporation, and Hope Policy
Institute
Jackson, Mississippi
Term expires 12/31/2028
Kimberly
Fontan
Executive Vice President and Chief Financial Officer
Entergy Corporation
New Orleans, Louisiana
Term expires 12/31/2027
AJ
Kumaran
Cochief Executive Officer and Chief Operating Officer
Raising Cane's Chicken Fingers
Baton Rouge, Louisiana
Term expires 12/31/2026
Shelby
Russ
President and Chief Executive Officer
AOS Interior Environments
New Orleans, Louisiana
Term expires 12/31/2027
William G. Yates
III
President and Chief Executive Officer
W.G. Yates & Sons Construction Company
Biloxi, Mississippi
Term expires 12/31/2026
Vacant
The Federal Reserve Act provides that Reserve Bank directors are divided into three classes—Class C, Class B, and Class A. Each class is comprised of three directors.
Class C and Class B directors are appointed to represent the public with due, but not exclusive, consideration to the interests of agricultural, commerce, industry, services, labor, and consumers. Class A directors are elected to represent Federal Reserve member banks.
The Federal Reserve Board of Governors appoints Class C directors. Class C directors may not be an officer, director, employee, or stockholder of any bank—or a bank, financial, or thrift holding company. The Board of Governors also designates a board chair and deputy chair for each Reserve Bank from among that Bank's Class C directors. The chair must have experience or familiarity with banking or financial services.
Federal Reserve member banks elect Class B and Class A directors. Class B directors are elected to represent the public, and they may not be an officer, director, or employee of any bank. Class A directors are elected to represent the member banks. They are prohibited from participating in the appointment of Reserve Bank presidents and first vice presidents, as well as decisions related to the performance and compensation of presidents and first vice presidents. In addition, they may not participate in the selection, appointment, and compensation of all Reserve Bank officers whose primary duties involve supervisory matters.
Board of Governors policy prohibits Reserve Banks from providing confidential supervisory information to any director and excludes all directors from participating in any bank supervisory matters. Learn more about the roles and responsibilities of Federal Reserve Directors.
How many directors are there?
Each of the 12 regional Reserve Banks is supervised by a nine-member board of directors. Each branch also has its own board of directors. In the Sixth District, our five branches in Birmingham, Jacksonville, Miami, Nashville, and New Orleans each have a seven-member board.
What are the eligibility requirements of directors?
All directors are subject to eligibility and conduct rules established by the Federal Reserve Act and the Board of Governors. These statutory and policy provisions serve important purposes such as protecting against actual and perceived conflicts of interest, which is critical to maintaining the public's confidence in the integrity of the Federal Reserve.
What committees do directors participate in?
Committee assignments vary by district. The Atlanta Fed has two standing committees for Atlanta directors. The Audit and Risk Committee consists of a minimum of three directors serving one-year terms. The Executive Committee consists of the three Class C directors whom the Board of Governors has appointed.
The Audit and Risk Committee oversees the Bank's internal and external audit function to ensure independent and objective assessment of the Bank's risk management, control, compliance, and governance processes.
The Executive Committee has responsibility to direct certain business matters of the Bank, subject to the supervision of the full board of directors.
How long do directors serve?
Reserve Bank directors are elected or appointed for staggered three-year terms. When a director leaves before a term is completed, the replacement director serves the unexpired portion of that term. Directors may serve two terms or a maximum of seven years.