|Atlanta Fed and Branches Announce New Directors
Carol B. Tomé, executive vice president, corporate services, and chief financial officer of The Home Depot in Atlanta, was appointed to a three-year term on the Atlanta Fed's board of directors. James H. McKillop III, president and chief executive officer of the Independent Bankers' Bank of Florida in Lake Mary, Fla., was elected to serve a three-year term on the Atlanta Fed's board of directors. In addition, Egbert L.J. Perry, chairman and chief executive officer of The Integral Group LLC in Atlanta, and Lee M. Thomas, chairman, president and chief executive officer of Rayonier in Jacksonville, Fla., were reelected to the Bank's board. Tomé, Thomas and McKillop's terms begin Jan. 1, 2008, and run through Dec. 31, 2010. Perry will serve one additional year of an unexpired term ending Dec. 31, 2008.
Tomé joined The Home Depot in 1995. She has served as chief financial officer since May 2001 and was named executive vice president of corporate services in 2007. Before joining The Home Depot, she was vice president and treasurer of Riverwood International Corp. Tomé began her career as a commercial lender with United Bank of Denver.
McKillop joined Independent Bankers' Bank in March 1987 as executive vice president and senior investment officer and became president in 1999. From 1975 to 1987, he was vice president and sales manager of the bank investment division of Sun Bank N.A. and Sun Banks Inc. in Orlando, Fla.
Perry is chairman and chief executive officer of The Integral Group LLC, which he founded in 1992 following a distinguished career with developers based in Washington, D.C., and Atlanta.
Thomas was elected president and chief executive officer of Rayonier in March 2007 and assumed the chairmanship in July 2007. He retired as president and chief operating officer of Georgia-Pacific Corp. in late 2005, following a 12-year career there. He also served as chairman and chief executive officer of Law Companies Environmental Group Inc., administrator of the U.S. Environmental Protection Agency, executive deputy director of the Federal Emergency Management Agency and director of the Division of Public Safety Programs in South Carolina.
The Atlanta Fed also announced that Larkin Martin, managing partner of Martin Farm and vice president of The Albemarle Corp., has been appointed chairman of the Federal Reserve Bank of Atlanta's board of directors, and Scott Davis, chairman and chief executive officer of United Parcel Service, has been appointed its deputy chairman. Their one-year terms began Jan. 1, 2008.
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. 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 Federal Reserve Board of Governors in Washington, D.C.
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