Federal Reserve Appoints 2026 Chairs and Deputies for 12 Banks

The Federal Reserve Board has announced the chairs and deputy chairs for the 12 Federal Reserve Banks for 2026. These appointments are part of the Board’s ongoing efforts to ensure strong leadership across its regional banks.

Chairs and Deputy Chairs Appointed for 2026

Each Federal Reserve Bank features a nine-member board of directors. These directors represent various business and community leaders within each regional district. By law, the Board of Governors appoints three directors to represent public interests in each district. This year’s designated chairs and deputy chairs are as follows:

• Boston

  Chair: Lizanne Kindler, executive chair and CEO, KnitWell Group

  Deputy Chair: Tim Sweeney, president and CEO, Liberty Mutual Insurance

• New York

  Chair: Pat Wang, president and CEO, Healthfirst

  Deputy Chair: Rajiv J. Shah, M.D., president, The Rockefeller Foundation

• Philadelphia

  Chair: William Lo, CEO, Crystal Steel Fabricators, Inc.

  Deputy Chair: Kisha Hortman Hawthorne, senior vice president, Care Network and Behavioral Health

• Cleveland

  Chair: Richard J. Kramer, former chairman and president, The Goodyear Tire & Rubber Co.

  Deputy Chair: Fred Hargett, executive vice president, University of Pittsburgh Medical Center

• Richmond

  Chair: Lisa M. Lawson, president and CEO, The Annie E. Casey Foundation

  Deputy Chair: Halsey M. Cook, president and CEO, Milliken & Company

• Atlanta

  Chair: Gregory A. Haile, CEO, Upwardly Global

  Deputy Chair: James O. Etheredge, former CEO, Accenture North America

• Chicago

  Chair: Jennifer F. Scanlon, president and CEO, UL Solutions Inc.

  Deputy Chair: Maurice Smith, chairman and CEO, Health Care Service Corporation

• St. Louis

  Chair: Lal Karsanbhai, CEO, Emerson Electric Co.

  Deputy Chair: Gregory A. Heckman, CEO, Bunge Global SA

• Minneapolis

  Chair: Paul D. Williams, founder, Williams Community Supports

  Deputy Chair: Jay Debertin, CEO, CHS, Inc.

• Kansas City

  Chair: Jandel Allen-Davis, M.D., CEO, Craig Hospital

  Deputy Chair: Paul Maass, CEO, Scoular

• Dallas

  Chair: Claudia Aguirre, president and CEO, BakerRipley

  Deputy Chair: Gary C. Kelly, chairman emeritus, Southwest Airlines

• San Francisco

  Chair: Russell A. Childs, CEO, SkyWest, Inc.

  Deputy Chair: Pallavi Mehta Wahi, chair of western U.S. strategic growth, Arnold & Porter

The Board’s selection of leaders reflects its commitment to diverse representation and effective governance within the Federal Reserve system.