July 28, 2017 5:21 AM ET

Banks

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

Phone:

216-579-2000

Fax:

216-579-3077

Key Executives for The Federal Reserve Bank of Cleveland

CEO & President
Age: 58
Chief Operating Officer and First Vice President
Senior Vice President and General Counsel
Senior Vice President
Senior Vice President
Compensation as of Fiscal Year 2017.

The Federal Reserve Bank of Cleveland Key Developments

The Federal Reserve Bank of Cleveland Appoints Emily Garr Pacetti as Vice President and Community Affairs Officer, Effective July 31, 2017

The Federal Reserve Bank of Cleveland announced the appointment of Emily Garr Pacetti as vice president and community affairs officer, effective July 31, 2017. She will lead the Banks Community Development Department, overseeing research and policy analysis, outreach, and other community development initiatives in the Fourth Federal Reserve District, an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. Emily Garr Pacetti joins the Bank from The Rockefeller Foundation in New York, where, as associate director, she developed and managed initiatives designed to support more equitable, long-term economic development in US cities and regions.

The Federal Reserve Bank of Cleveland Announces Promotions, Effective July 1, 2017

The Federal Reserve Bank of Cleveland announced the promotion of officers. Ellis Tallman was promoted to executive vice president and director of research. He will continue to serve as a monetary policy advisor to Bank President Loretta M. Mester and as a member of the Bank's executive leadership team. Todd Clark was promoted to senior vice president and research economist. He will continue to oversee the macroeconomic policy section within the Bank's Research Department. Bruce Fallick was promoted to senior vice president and research economist. He will continue to oversee the Research Department's expanded regional and microeconomics section. Edward S. Knotek II was promoted to senior vice president and research economist. He will continue to oversee the macroeconomic forecasting section in the Research Department. Guhan Venkatu has been promoted to group vice president and will oversee a new regional outreach and analytics unit within the regional and microeconomics section of the Bank's Research Department. These promotions are effective July 1, 2017.

The Federal Reserve Bank of Cleveland Appoints Margie Wright-McGowan as a Senior Vice President, Effective May 22, 2017

The Federal Reserve Bank of Cleveland has announced that Margie Wright-McGowan will be joining the Bank as a senior vice president, effective May 22, 2017. Wright-McGowan will lead the Banks Human Resources (HR) and Office of Diversity and Inclusion functions and serve as a member of the Bank's Executive Leadership Team. Wright-McGowan has an extensive background in HR leadership with a particular focus on employee engagement, retention, and talent development. She joins the Cleveland Reserve Bank from Vitamix in Cleveland, where she currently serves on the senior leadership team as vice president of Human Resources, Talent and Culture. Prior to joining Vitamix, Wright-McGowan was a member of the leadership team for Siemens Healthcare (now Siemens Healthineers), responsible for HR functions for Siemens Healthcares business unit. She also served as an HR executive with Dade Behring Inc.

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Recent Private Companies Transactions

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