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For immediate release: March 12, 2014

Atlanta Fed Promotes Graham, McDermitt and Wilson to Vice President; Dennard, Lamb, Leone De Nie and Squires to Assistant Vice President

Dennis P. Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta, today announced several promotions in the Bank's operations and administrative services, technology solutions services and research divisions. Paul Graham has been promoted to vice president and branch manager of the Atlanta Fed's Miami Branch, Christina Wilson has been promoted to vice president and branch manager of the Atlanta Fed's Jacksonville Branch and David McDermitt has been promoted to vice president in the technology solution services organization. Lockhart also announced that Paige Dennard and Karen Leone de Nie have been promoted to assistant vice presidents in the research department, Karl Lamb has been promoted to assistant vice president in the function office for law enforcement and training, and Richard Squires has been promoted to assistant vice president and branch manager at the Atlanta Fed's New Orleans Branch.

Graham and Wilson are responsible for all branch operations including law enforcement, facilities, information technology and cash operations at their respective branches. McDermitt serves as the District's information security officer and assumes responsibility for technology solutions services. Dennard is responsible for the administrative function of the research division, and Leone de Nie assumes responsibility for several functions in the community and economic development group of the research division. Lamb is responsible for the law enforcement function office, the law enforcement academy and the District's technical security function. Squires assumes responsibility for all Branch operations including cash services, law enforcement facilities and local information technology.

Graham began his 34-year career with the Atlanta Fed in check collection at the Jacksonville Branch. He held various roles of increasing responsibility and was promoted to assistant vice president in 2002. Graham left the Jacksonville Branch in 2008 as a result of the check consolidation initiative then returned to Miami in 2009 to serve as the ranch's assistant vice president and operations officer. He completed the Florida School of Banking program at the University of Florida in 1991. In 2004, Graham attended the High Potentials Leadership Program at Harvard Business School and the Executive Management Program at Stanford Business School. He also currently serves as vice chair of the Bank's Diversity Advisory Council.

Wilson began her Fed career in Jacksonville in 1988 in an administrative position supporting the Branch officer team. She was selected for the management associate program in 1993 and held leadership positions with increasing responsibility in various departments. Wilson was promoted to director in March 1999 and was promoted to assistant vice president in January 2004. She later assumed responsibility for all Branch operations. Wilson has a bachelor's degree in business administration from Jacksonville University. She is also a graduate of the Florida School of Banking and completed executive education programs at Dartmouth and the Harvard Business School. Wilson is a past member of the Jacksonville Urban League Board of Directors.

McDermitt joined the Atlanta Fed in May 2011 and was promoted to assistant vice president and information security officer in October 2012. Before joining the Bank, he was assistant vice president and cyber security architect at SAIC Inc. McDermitt earned a bachelor's degree in management information systems from Auburn University and a master's degree in information technology management from the Naval Postgraduate School. A former lieutenant commander in the U.S. Navy, McDermitt was awarded the Joint Service Commendation Medal for service to the National Security Agency/Central Security Service. He serves as co-chair of the Atlanta Chief Information Security Officer (CISO) Executive Summit and is a member of the Southern Security Council. McDermitt is a certified information systems security professional and certified information systems auditor.

Dennard began her career in 1991 at the Jacksonville Branch as a supervisor in facilities management and was promoted to assistant manager shortly after. After managing various units and assuming additional responsibility, she was promoted to director in 1997. Dennard moved to Atlanta in 2010 as community development director in the community and economic development department. In 2012, she became the research management director. Dennard earned her bachelor's degree from Auburn University in industrial operations management.

Leone de Nie joined the Bank in 2008 as a financial analyst in the supervision and regulation division. She assumed increasing levels of responsibility within the community and economic development group, leading to her most recent role as director. Before joining the Atlanta Fed, Leone de Nie was a researcher at Georgia Tech's Center for Quality Growth and Regional Development. She also worked for the Dallas/Fort Worth metropolitan planning organization. Leone de Nie earned a bachelor's degree from the University of Wisconsin–Madison and a master's degree in city and regional planning from the Georgia Institute of Technology.

Lamb has been with the Bank for 17 years, first serving as a corporal and progressing to captain in the Jacksonville Branch's law enforcement unit. He transferred to Atlanta in 2006 and in 2007 was promoted to director of law enforcement and training. Lamb was promoted to director of the project management function office for law enforcement and training in 2013. He participated in a three-month rotation at the Board of Governors and worked on several operational reviews of other Reserve Banks and currently serves as a member of the FRS Security Task Force and chair of the System Law Enforcement Training Advisory Council. Lamb has a degree in criminal justice from the University of North Florida and served in the U.S. Air Force. He graduated from the U.S. Air Force Law Enforcement Academy in 1991 and also completed the leadership and management training program at the prestigious FBI National Academy.

Squires began his 23-year Atlanta Fed career at the New Orleans Branch as a programmer in the systems department. He was promoted to information technology director in 1999 and later assumed increasing responsibility across other departments. He serves on the Bank's Diversity Advisory Council. Squires has a bachelor's degree in business administration from the University of New Orleans.

The Atlanta Fed is a part of the nation's central banking system, which Congress created in 1913. The Federal Reserve conducts monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices, supervises and regulates banking institutions, and helps ensure that the nation's payments systems operate smoothly. The Atlanta Fed serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia and sections of Louisiana, Mississippi and Tennessee. The Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks and provides a variety of financial services to depository institutions and the U.S. government.