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April 25, 2015 7:39 PM ET


Company Overview of Federal Reserve Bank of San Francisco

Company Overview

Federal Reserve Bank of San Francisco operates as a federal reserve bank. The company’s services include participating in formulating and conducting monetary policies; participating in the payment systems, including large-dollar transfers of funds, automated clearinghouse operations, and check collections; distributing coins and currencies; performing fiscal agency functions for the U.S. Department of the Treasury (Treasury), certain federal agencies, and other entities; serving as the federal government’s bank; and providing short-term loans to depository institutions. Its services also include providing loans to participants in programs or facilities; providing educational materials and in...

101 Market Street

San Francisco, CA 94105

United States

Founded in 1913





Key Executives for Federal Reserve Bank of San Francisco

Chief Executive, President and Member of Executive Committee
Age: 51
Chief Operating Officer, First Vice President and Member of The Executive Committee
Chief Information Officer, Senior Vice President of Information & Technology Services and Member of Executive Committee
General Counsel, Group Vice President and Member of Executive Committee
Senior Vice President of Communications & Community Engagement and Member of Executive Committee
Compensation as of Fiscal Year 2014.

Federal Reserve Bank of San Francisco Key Developments

The Federal Reserve Bank of San Francisco Appoints Jacqueline D. Reses to its Economic Advisory Council

The Federal Reserve Bank of San Francisco announced that Jacqueline D. Reses, chief development officer for Yahoo, was appointed a member of the Federal Reserve Bank of San Francisco’s Economic Advisory Council (EAC). At Yahoo, Ms. Reses directs the company’s M&A strategy, leading acquisitions and integration of technology and talent from dozens of companies into the business, including Tumblr, Brightroll and Flurry. Until recently, she was on the Board of Directors of Alibaba Group, China’s online and mobile commerce company.

Federal Reserve Bank of San Francisco Announces New Leadership and Membership Changes for its Economic Advisory Council

The Federal Reserve Bank of San Francisco announced that George Zinn, corporate vice president and treasurer of Microsoft Corporation and John E. “Jack” Pelo, president and CEO of Swire Coca-Cola USA, were appointed chair and vice chair of the Federal Reserve Bank of San Francisco’s Economic Advisory Council (EAC). Mr. Zinn and Mr. Pelo joined the EAC in 2012 and 2013, respectively. In addition, James Beer, executive vice president and CFO, McKesson Corporation, Jake Boyer, president and CEO of the Boyer Company, Kevin Leader, treasurer of Bechtel Corporation, and Mary Pat Thompson, CFO and senior vice president of MWI Veterinary Supply, were appointed as the newest members of the EAC. Ian T. Clark, CEO of Genentech, and Philip L. Francis, retired executive chairman of PetSmart, were reappointed as members. Prior to becoming treasurer, Mr. Zinn’s previous role at Microsoft was CFO of the Intellectual Property & Licensing Division. He joined Microsoft in 1996. He holds an AB in economics from Bowdoin College and an MBA from the University of Washington. Mr. Zinn serves as an investment adviser to the Alaska Permanent Fund Corporation and the Washington State Opportunities Scholarship Fund. In addition, he is an industry faculty member and board advisor to the University of Washington Computational Finance and Risk Management Master’s program. Mr. Pelo has been president and CEO of Swire Coca-Cola USA. Prior to becoming president, he served as a division manager, based in Walla Walla, Washington. He has been a director of Key Technology since 1998. Mr. Pelo holds a BA in business administration from Washington State University. Mr. Boyer became president in 2006 and CEO in 2011 of the Boyer Company, a real estate development firm. His community participation includes serving as a chairman of the Salt Lake Chamber of Commerce, Membership Committee chairman of the Salt Lake Chamber of Commerce, and a member of the Utah Governor’s Office of Economic Development Board. Ms. Thompson has been MWI Veterinary Supply’s CFO since 2002 and senior vice president since 2006. Her previous roles include controller of Agri Beef’s Feedlot and Commodity Division and working in auditing and accounting services at Arthur Anderson. Mr. Clark joined Genentech in 2003 as senior vice president and general manager, BioOncology. In 2005 he was named senior vice president, Commercial Operation and, in January 2006, was named executive vice president, Commercial Operations. Mr. Francis joined Petsmart in 1988. Prior to this role, he was president and CEO of Shaw’s Supermarkets Inc.Mr. Francis is past chairman and currently serves on the board of the Greater Phoenix Leadership Board, Phoenix Teach for America Board, and the Arizona Commerce Authority Board. He is a graduate of the University of Illinois and the Indiana University Business School.

Craig Dawson Names to Board of Federal Reserve Bank of San Francisco's Seattle Branch

Craig Dawson, president and CEO of Retail Lockbox in Seattle, was appointed to the Federal Reserve Bank of San Francisco's Seattle branch board of directors. Dawson is on the board of the Washington Roundtable, the University of Washington Consulting and Business Development Center, and is past president of Tabor 100.

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