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Federal Reserve Bank
OF DALLAS
ROBERT

D. M C T E E R , J R .

DALLAS, TE X A S

p r e s id e n t
A N D C H IE F E X E C U T I V E O F F I C E R

D ecem ber 20 199 6

7 5 2 6 5 -5 9 0 6

Notice 96-127
TO:

T he C hief Executive Officer of each
m em ber bank and others concerned in
the Eleventh Federal Reserve District
SUBJECT
Appointment of Chairmen and
Deputy Chairmen
DETAILS

The Board of Governors of the Federal Reserve System has announced the
appointm ent of C hairm en and Deputy C hairm en of the 12 Reserve Banks for 1997. For
the Eleventh F ederal Reserve District, the appointm ents are as follows:
R oger R. Hemminghaus, C hairm an of the Board and Chief Executive Officer,
U ltram ar D iam ond Shamrock Corp., San Antonio, Texas (Chairm an)
Cece Smith, G eneral Partner, Phillips-Smith Specialty R etail G roup, Dallas,
Texas (D eputy Chairm an)
ATTACHMENT
A copy of the B oard’s press release dated N ovem ber 4, 1996, listing the
appointm ents for all Reserve Banks is attached. Please note that this B ank’s notice
reflects recent changes to Mr. H em m inghaus’ title and company nam e not shown on the
B oard’s press release.
MORE INFORMATION
For m ore inform ation regarding the C hairm an and D eputy C hairm an for the
Eleventh District, please contact the Secretary’s Office at (214) 922-5016. For additional
copies of this B ank’s notice, please contact the Public Affairs D epartm ent at (214)
922-5254.
Sincerely yours,

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal
Reserve Bank of Dallas: Dallas Office (800) 333 -4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012; Houston
Branch Intrastate (800) 392-4162, Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

FEDERAL RESERVE press release
For immediate release

November 4, 1996

The Federal Reserve Board today announced the
appointment of Chairmen and Deputy Chairmen of the 12 Federal
Reserve Banks for 1997.
Each Reserve Bank has a Board of Directors of nine
members.

The Board of Governors in Washington appoints three of

these directors and designates one of its appointees as Chairman
and a second as Deputy Chairman.
Following are the names of the Chairmen and Deputy
Chairmen appointed by the Board for next year:
Boston —

William C. Brainard, Chairman, Department of
Economics, Yale University, New Haven, Ct.,
Chairman.
Frederick J. Mancheski, Chairman and CEO,
Echlin Inc., Branford, Ct., Deputy Chairman.

New York —

John C. Whitehead, Chairman, AEA Investors
Inc., New York, N.Y., renamed Chairman.
Thomas W. Jones, Vice Chairman, President and
COO, Teachers Insurance and Annuity Assn. —
College Retirement Equities Fund, New York,
N.Y., renamed Deputy Chairman.

Philadelphia -- Donald J. Kennedy, Business Manager,
International Brotherhood of Electrical
Workers, Local Union No. 269, Trenton, N.J.,
renamed Chairman.
Joan Carter, President and COO, UM
Holdings Ltd., Haddonfield, N.J., renamed
Deputy Chairman.
Cleveland -- G. Watts Humphrey, Jr., President, GWH
Holdings, Inc., Pittsburgh, Pa., Chairman.

2

David H. Hoag, Chairman and CEO, The LTV
Corporation, Cleveland, O h . , Deputy Chairman.
Richmond —

Claudine B. Malone, President, Financial &
Management Consulting Inc., McLean, V a . ,
renamed Chairman.
Robert L. Strickland, Chairman, Lowe's
Companies, Inc., Winston-Salem, N.C., renamed
Deputy Chairman.

Atlanta —

Hugh M. Brown, President and CEO,
BAMSI, Inc., Titusville, Fla., renamed
Chairman.
David R. Jones, President and CEO, Atlanta
Gas Light Company, Atlanta, Ga., Deputy
Chairman.

Chicago —

Lester H. McKeever, J r . , Managing Partner,
Washington, Pittman & McKeever, Chicago, II.,
Chairman.
Arthur C. Martinez, Chairman and CEO, Sears,
Roebuck and Co., Hoffman Estates, II., Deputy
Chairman.

St. Louis — John F. McDonnell, Chairman, McDonnell
Douglas Corp., St. Louis, Mo., renamed
Chairman.
Susan S. Elliott, President and CEO, Systems
Service Enterprises, Inc., St. Louis, Mo.;
renamed Deputy Chairman.
Minneapolis — Jean D. Kinsey, Professor, Consumption
Economics, University of Minnesota, St. Paul,
M n . , renamed Chairman.
David A. Koch, Chairman, Graco, Inc.,
Minneapolis, M i n n . , renamed Deputy Chairman.
Kansas City -- A. Drue Jennings, Chairman, President,
and CEO, Kansas City Power & Light Co.,
Kansas City, Mo., renamed Chairman.
Jo Marie Danick, Area Managing Partner, Ernst
& Young LLP, Denver, Co., renamed Deputy
Chairman.

3

Dallas —

Roger R. Hemminghaus, Chairman, President and
CEO, Diamond Shamrock, Inc., San Antonio,
T x . , Chairman.
Cece Smith, General Partner, Phillips-Smith
Specialty Retail Group, Dallas, T x . , Deputy
Chairman.

San Francisco — Judith M. Runstad, Partner, Foster
Pepper and Shefelman, Seattle, W a . , renamed
Chairman.
Gary G. Michael, Chairman and CEO,
Albertson's, Inc., Boise, Id., Deputy
Chairman.
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