Atlanta Fed and Branches Announce New Directors|
Thomas I. Barkin, director of McKinsey & Co., was appointed to a three-year term on the Atlanta Fed's board of directors. Renée Lewis Glover, president and chief executive officer of the Atlanta Housing Authority, was elected to serve a three-year term on the board. Barkin and Glover's terms began Jan. 1, 2009, and run through Dec. 31, 2011.
Barkin is responsible for providing management consulting in marketing and sales, operations, and business strategies to a broad range of clients at McKinsey. He is a director of the Metro Atlanta Chamber of Commerce, serves on the board of councilors for the Carter Center, and serves as treasurer of the Commerce Club. Barkin earned his juris doctorate and MBA from Harvard University.
Glover joined the Atlanta Housing Authority (AHA) as chief executive officer in 1994. Before joining the AHA, she was a corporate finance attorney in Atlanta and New York City. Glover reorganized AHA, the sixth-largest housing authority in the United States, into a diversified real estate company, with a public policy and service-oriented mission. As a result, Glover has been nationally recognized. Glover is a member of the international board of directors of Habitat for Humanity. Glover earned her juris doctorate at Boston University, her master's degree at Yale University, and her bachelor's degree at Fisk University.
The Atlanta Fed also announced that Scott Davis, chairman and chief executive officer of United Parcel Service, has been appointed chairman of the Atlanta Fed's board of directors, and Carol Tomé, chief financial officer and executive vice president of corporate services of The Home Depot, has been appointed deputy chairman. Their one-year terms began Jan. 1, 2009.
Each of the nation's 12 Federal Reserve Banks has a nine-member board of directors. Three Class A directors represent national and state-chartered banks that are members of the Federal Reserve System. Three Class B directors are elected by these banks but represent commerce, industry, agriculture, labor and consumers. Three Class C directors represent the same broad array of public interests but are appointed by the Board of Governors in Washington, D.C. Glover is a Class B director. Barkin is a Class C Director.
The following members were elected, appointed, or reappointed to the boards of directors of the Federal Reserve Bank of Atlanta and its branches:
Role of directors
January 29, 2009