February 01, 2015 4:50 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

Chief Executive and President
Age: 55
Chief Operating Officer and First Vice President
Senior Vice President and General Counsel
Senior Vice President
Senior Vice President
Compensation as of Fiscal Year 2014.

The Federal Reserve Bank of Cleveland Key Developments

The Federal Reserve Bank of Cleveland Announces Management Appointments

The Federal Reserve Bank of Cleveland announced elections to its main office and branch boards of directors and to the Federal Advisory Council, effective January 1, 2015. Christopher M. Connor, Chairman and Chief executive officer, The Sherwin-Williams Company, Cleveland, Ohio, was appointed as Chairman of the board for 2015. Connor has served as a director since 2011 and as deputy chairman since 2013. Charles H. Brown, vice president and secretary, Toyota Motor Engineering & Manufacturing, North America, Erlanger, Kentucky, was elected as a Director. Brown has served as a director of the Cincinnati Branch of the Federal Reserve Bank of Cleveland since 2013 and chaired the branch board in 2014. Valarie L. Sheppard, senior vice president, comptroller and treasurer, The Procter & Gamble Company, Cincinnati, Ohio, was appointed as Chairman of the board of the Cincinnati Branch of the company for 2015. Sheppard has served as a director since 2014. Dwight E. Smith, president and chief executive officer, Sophisticated Systems Inc., Columbus, Ohio, was appointed as a Director. Robert I. Glimcher, president, Glimcher Group Inc., Pittsburgh, Pennsylvania, was appointed as a Director.

Federal Reserve Bank of Cleveland Announces Executive Appointments

The Federal Reserve Board announced that Christopher M. Connor, Chairman and Chief Executive Officer, The Sherwin-Williams Company, Cleveland, Ohio, named Chair of Federal Reserve Bank of Cleveland and John P. Surma, Chairman and Chief Executive Officer (Retired), United States Steel Corporation, Pittsburgh, Pennsylvania, named Deputy Chair of Federal Reserve Bank of Cleveland.

The Federal Reserve Bank of Cleveland Appoints Susan Kenney as Senior Vice President

Susan Kenney has been appointed a senior vice president at the Federal Reserve Bank of Cleveland, in Cleveland, Ohio, effective September 1, 2014. Kenney is responsible for overseeing all of the Banks eGov business lines. Kenney joined the Cleveland Reserve Bank as a programmer in 1976. In 1999, she was promoted to information technology services coordinator, responsible for managing local and national IT development systems, including the interface between the Banks automated cash vault and the Federal Reserve Systems currency management system. Kenney joined eGov in 2003, and was appointed assistant vice president that same year. In 2008, she was promoted to vice president.

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