August 26, 2016 8:06 AM ET


Company Overview of The Federal Reserve Bank of Cleveland

Company Overview

The Federal Reserve Bank of Cleveland, a central bank, specializes in payments systems, banking supervision, and economic issues. It acts as an active intermediary in clearing and settling interbank payments; models complex economic systems, analyzes data, and evaluates economic information to support the Federal Reserve Bank of Cleveland’s monetary policy, supervisory, and payments system responsibilities; produces economic research and monitors regional and national economic trends; and develops and implements electronic payment solutions for the federal government. The company’s education and public programs include tours for high school, college, and community groups; conferences and wor...

1455 East Sixth Street

Cleveland, OH 44114

United States

Founded in 1914





Key Executives for The Federal Reserve Bank of Cleveland

Chief Executive and President
Age: 57
Chief Operating Officer and First Vice President
Senior Vice President and General Counsel
Senior Vice President
Senior Vice President
Compensation as of Fiscal Year 2016.

The Federal Reserve Bank of Cleveland Key Developments

The Federal Reserve Bank of Cleveland Announces Resignation of LaVaughn Henry as Vice President and Senior Regional Officer of the Cincinnati Branch

LaVaughn Henry plans to resign on May 31, 2016, from his post as the Vice President and Senior Regional Officer of the Cincinnati Branch of the Federal Reserve Bank of Cleveland.

The Federal Reserve Bank of Cleveland Appoints Marilyn Wimp as Vice President of Public Affairs

The Federal Reserve Bank of Cleveland announced the appointment of Marilyn Wimp as vice president of public affairs in the Corporate Communications and Engagement Department, effective March 7, 2016. Wimp will oversee the bank's external communications, including publications, web content, digital and social media, media relations, and government relations. She will also serve as the Banks public information officer. Since 2010, Wimp has served as manager of media relations at the Federal Reserve Bank of Philadelphia. In this role, she was also the primary spokesperson for the bank. Wimp started at the Philadelphia Fed in 1998 as a media consultant. Prior to working at the Fed, she was a reporter/copy editor for the Philadelphia Business Journal. Wimp began her career in Kansas City, Missouri, where she was an account manager for KCPT-TV and KMBC-TV and then a reporter, freelance writer, and photographer for several magazines and newspapers.

The Federal Reserve Bank of Cleveland Announces Board Changes

Doris Carson Williams, president and CEO of the African American Chamber of Commerce of Western Pennsylvania, has been appointed chair of the board of the Federal Reserve Bank of Cleveland's Pittsburgh branch for 2016. Williams has served on the board since 2014. Also appointed as directors are Stefani Pashman, CEO, Three Rivers Workforce Investment Board, and Dmitri Shiry, managing partner, Deloitte LLP. The Cleveland Fed released the appointments on January 15, 2016; they were effective as of Jan. 1, 2016. Additionally, Dawne Hickton, former president and CEO of RTI International Metals Inc., was appointed as a director. Hickton had chaired the Fed's Pittsburgh branch board from 2013-2015.

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