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FEDERAL RESERVE BANK
OF MEW YORK

[

Circular No. 10233 ~|
April 5, 1988

Retirement of Thomas M. Timlen

To All Depository Institutions in the
Second Federal Reserve District:

T homas M. T im len , First Vice President of this Bank, has elected
early retirement, effective July 1, 1988, after completing more than 32
years of distinguished service with the Bank. He joined the Bank in 1955
and became an officer in 1960. Mr. Timlen was appointed First Vice PresiĀ­
dent in 1976, and, as such, has been serving as an alternate member of the
Federal Open Market Committee. From August 1979 through March
1980, he served as the acting chief executive officer of the Bank.

E. G erald C orrigan ,
President.