Atlanta Fed Names Barron Chief Operating Officer

For release February 12, 1996

Jack Guynn, president and chief executive officer of the Federal Reserve Bank of Atlanta, today announced that Pat Barron will become first vice president and chief operating officer of the Bank on Mar. 1. Barron is currently first vice president of the Federal Reserve Bank of San Francisco.

"Pat Barron brings enormous knowledge of the complex issues that the Federal Reserve System and the financial services industry face as well as a strategic approach to dealing with the many changes that are on the horizon," Guynn said in making the announcement.

In addition to serving as the San Francisco Fed's first vice president, Barron headed up the Federal Reserve's planning and coordination of support functions nationally, including accounting and customer access services. He has also been a member of the Fed's Financial Services Management Committee, a group that helps guide longer-term changes in the Fed's payments services to depository institutions and the U.S. government.

"I am excited about returning to Atlanta," Barron said, "and helping to lead an outstanding organization through what is sure to be a time of far-reaching change."

Prior to becoming the San Francisco Fed's first vice president in 1991, Barron served for three and a half years as a senior vice president at the Atlanta Fed with responsibilities for automation, planning, human resources, and other corporate support activities. From 1982 to 1988, he was the senior officer and branch manager of the Atlanta Fed's Miami branch. He joined the Bank's Atlanta office in 1967 after serving in the U.S. Air Force.

Barron has been active in community service throughout his career and has served in leadership positions in such organizations as United Way, the Chamber of Commerce, and the President's Council of the University of Miami. He is a graduate of the University of Miami, the Program for Management Development of the Harvard Business School, and the Stonier Graduate School of Banking.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia, and parts of Louisiana, Mississippi, and Tennessee. As part of the nation's central banking system, the Atlanta Fed takes part in setting national monetary policy, supervises and regulates commercial banks, and provides check processing and other payments services to depository institutions and the U.S. government.


Contact: Jean Tate 404-498-8035