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For Immediate Release: November 5, 2009

Atlanta Fed Promotes Gooding to Executive Vice President Over Retail Payments Office

Marie Gooding Marie Gooding has been named executive vice president for the Federal Reserve Bank of Atlanta with responsibility for the Federal Reserve Banks' Retail Payments Office (RPO), according to Dennis P. Lockhart, president and chief executive officer of the Atlanta Fed.

In this role, Gooding will serve as the RPO's manager with responsibility for the strategic direction of the Federal Reserve's check and automated clearinghouse (ACH) processing operations. Gooding will report to Patrick Barron, the Atlanta Fed's first vice president and RPO director.

The effective date for Gooding's promotion is Nov. 16, 2009. Gooding assumes RPO responsibilities from Richard Oliver, who will remain an executive vice president with the Atlanta Fed. Gooding and Oliver will work together over the next several months to transition these responsibilities. Going forward, Oliver will continue to oversee the Bank's Retail Payments Risk Forum as well as taking on other strategic assignments to be announced later.

Since 2008, Gooding has served as the senior vice president over the Bank's Corporate Engagement Division, which includes the public affairs, human resources and corporate secretary areas. Gooding joined the Bank in 1987 and was instrumental in the implementation of a comprehensive, districtwide information security program. In 1994, she was promoted to assistant vice president in Atlanta with responsibility for ACH and branch computer services. In 1996, Gooding was promoted to assistant branch manager. In 2001, she moved to the RPO, assuming responsibility for the System's ACH operations and associated automation infrastructure. In 2004, she was promoted to vice president, with responsibility for the FedACH business line. In 2006, Gooding was promoted to senior vice president of human resources.

Gooding received her undergraduate degree from Old Dominion University. She also completed advanced management programs at Duke University and the Harvard Business School.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia and sections of Louisiana, Mississippi and Tennessee. As part of the nation's central banking system, 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.