Advisory Groups

113 FEDERAL RESERVE OF 2012 ANNUAL REPORT

ADVISORY gROUPS

ADVISORY COUNCIL ON COMMUNITY DEPOSITORY INSTITUTIONS SMALL BUSINESS AND ADVISORY COUNCIL AGRICULTURE Chair FRANK A. KISSEL Richard Stewart MICHAEL J. CASTELLANA Chairman Brunhouse, Jr. President and Chief Executive Officer Peapack-Gladstone Bank President SEFCU & Peapack-Gladstone Financial Corp. A&A Company, Inc. Albany, N.Y. Bedminster, N.J. South Plainfield, N.J. ROBERT G. ALLEN William Byrne MARY D. MADDEN Chairman of the Board President and Chief Executive Officer President and Chief Executive Officer Byrne Dairy, Inc. Teachers Federal Union Hudson Valley Federal Credit Union Weedsport, N.Y. Hauppauge, N.Y. Poughkeepsie, N.Y.

Mso-Chi Chen JOHN R. BURAN THOMAS J. SHARA Executive Vice President President and Chief Executive Officer President and Chief Executive Officer Crystal Window & Door Systems Ltd. Flushing Savings & Flushing Lakeland Bank & Lakeland Bancorp, Inc. Flushing, N.Y. Financial Corp. Oak Ridge, N.J. JORGE COLÓN-GERENA Lake Success, N.Y. President and Chief Executive Officer JOHN F. TRENTACOSTA Wendco of , Inc. JOSÉ RAFAEL FERNÁNDEZ President and Chief Executive Officer San Juan, P.R. President, Chief Executive Officer, Newtown Savings Bank and Vice Chairman GALE EPSTEIN Newtown, Conn. Oriental Bank and Trust & Oriental President/Creative Director Hanky Panky Financial Group, Inc. New York, N.Y. San Juan, P.R. KENNETH M. FRANASIAK SALEEM IQBAL Chairman and Chief Executive Officer President and Chief Executive Officer Calamar Habib American Bank Wheatfield, N.Y. New York, N.Y. LISA HIRSH President and Chief Executive Officer Accurate Box Company, Inc. Paterson, N.J. PETER MAGLATHLIN Chief Executive Officer MBI, Inc. Norwalk, Conn. MICHAEL MUZYK President Baldor Specialty Foods, Inc. Bronx, N.Y. DARYL ROTH President Daryl Roth Productions New York, N.Y. Edward J. Tregurtha President Moran Towing 115 New Canaan, Conn. Economic Advisory FEDWIRE SECURITIES CUSTOMER Panel ADVISORY GROUP

ROBERT BARRO Michael Albanese Elke Jakubowski Harvard University Executive Director Vice President JPMorgan , N.A. The Depository Trust & Clearing ALAN S. BLINDER Corporation Princeton University Charles Austin Lyndon James MARTIN FELDSTEIN Vice President The Bank of New York Mellon Senior Vice President Harvard University , N.A. John Axelson JEFFREY FRANKEL Richard Kalb Harvard University Vice President US Bank Director JACOB A. FRENKEL Citibank, N.A. Al Barbieri JPMorgan Chase Senior Vice President Chad Ohmann MARK GERTLER Fannie Mae Settlements Supervisor New York University US Bank Brent Blake MARVIN GOODFRIEND Vice President Alain Pakabomba Carnegie Mellon University State Street Bank and Trust Company Senior Director Freddie Mac AUSTAN GOOLSBEE Terry Bouthilet University of Vice President Rob Raymond Vice President JAN HATZIUS / Lynch Goldman Sachs Kevin Caffrey Managing Director David Rosengarten PETER HOOPER The Bank of New York Mellon Executive Director Securities JPMorgan Chase Bank, N.A. Janice Hamilton GLENN HUBBARD Senior Vice President Dara Seaman Northern Trust Assistant Commissioner U.S. Department of the Treasury ANIL KASHYAP Chris Harper University of Chicago Director N. GREGORY MANKIW Federal Home Loan Harvard University

CATHERINE L. MANN Brandeis University

FREDERIC MISHKIN Columbia University

KENNETH ROGOFF Harvard University

MICHAEL WOODFORD Columbia University

116 FEDERAL RESERVE BANK OF NEW YORK 2012 ANNUAL REPORT

FEDERAL ADVISORY INTERNATIONAL ADVISORY COMMITTEE COUNCIL LLOYD C. BLANKFEIN MARIE-JOSEE KRAVIS Second District Member Chairman and Chief Executive Officer Senior Fellow and Vice Chair JAMES P. GORMAN The Goldman Sachs Group, Inc. of the Board of Trustees Chairman and Chief Executive Officer New York, N.Y. Hudson Institute Morgan Stanley New York, N.Y. DAVID BONDERMAN New York, N.Y. Founding Partner SALLIE L. KRAWCHECK TPG Capital LP Former President Fort Worth, Tex. Global Wealth and Investment Management Bank of America WILLIAM J. BRODSKY New York, N.Y. Chairman and Chief Executive Officer CBOE Holdings, Inc., and DONALD H. LAYTON Chicago Board Options Exchange, Inc. Chief Executive Officer (CBOE) Freddie Mac Chicago, Ill. McLean, Va.

STANLEY F. DRUCKENMILLER DR. THE HONORABLE DAVID K. P. LI Chairman and Chief Executive Officer Chairman and Chief Executive Duquesne Family Office The Bank of East Asia, Limited New York, N.Y. Hong Kong

FRANCISCO GONZALEZ MICHEL J. D. PEBEREAU Chairman and Chief Executive Officer Honorary Chairman Banco Bilbao Vizcaya Argentaria, S.A. BNP Paribas Madrid, Spain Paris, France

LIC. ROBERTO HERNANDEZ ROBERTO SETUBAL RAMIREZ President and Chief Executive Officer Chairman of the Board Itau Unibanco S.A. Banco Nacional de , S.A. Sao Paulo, Brazil Mexico DF, Mexico KURT F. VIERMETZ HO CHING Former Vice Chairman Executive Director and J.P. Morgan & Co., Inc. Chief Executive Officer New York, N.Y., and Temasek Holdings (Private) Limited Former Chairman Singapore Deutsche Boerse AG Frankfurt, Germany HENRY KAUFMAN President Henry Kaufman & Company, Inc. New York, N.Y.

117 Investor Advisory Committee on Financial Markets Nicole Arnaboldi Garth Friesen Michael Novogratz Vice Chairman, Asset Management Principal, Co-Chief Investment Officer Principal Credit Suisse Group III Associates Fortress Investment Group LLC

Louis Bacon Joshua Harris Rick Rieder Chairman, Chief Executive Officer, Managing Partner Chief Investment Officer and Co-Head and Founder Apollo Management L.P. of Fixed Income Moore Capital Management, LP BlackRock, Inc. Alan Howard James Chanos Founder Lawrence M.v.D. Schloss Founder and President Brevan Howard Chief Investment Officer and Kynikos Associates Deputy Comptroller for Pensions Scott Malpass Retirement Systems Mohamed El-Erian Vice President and Chief Chief Executive Officer and Co-Chief Investment Officer Morgan Stark Investment Officer University of Notre Dame Managing Member PIMCO Ramius LLC Sir Deryck Maughan Mary Callahan Erdoes Partner and Head of Financial David Tepper Chief Executive Officer Services Group Founder and President J.P. Morgan Asset Management Kohlberg Kravis Roberts & Co. Appaloosa Management L.P.

118 FEDERAL RESERVE BANK OF NEW YORK 2012 ANNUAL REPORT

Monetary Policy UPSTATE NEW YORK REGIONAL ADVISORY BOARD Advisory Panel Chair ROBERT S. SANDS THOMAS D’AMBRA President and Chief Executive Officer Markus Brunnermeier Chairman and Chief Executive Officer Constellation Brands, Inc. Princeton University Albany Molecular Research, Inc. Victor, N.Y. Mark Gertler Albany, N.Y. BRENT SAUNDERS New York University IRWIN DAVIS Chief Executive Officer Christopher Sims Economic Development Consultant Bausch & Lomb Incorporated Princeton University Rochester, N.Y. BAL DIXIT Michael Woodford Chairman JULIE SHIMER Columbia University Newtex Industries, Inc. President and Chief Executive Officer Victor, N.Y. Welch Allyn Inc. Skaneateles Falls, N.Y. PHILIP FARACI President and Chief Operating Officer ROBERT L. STEVENSON Eastman Kodak Company President and Chief Executive Officer Rochester, N.Y. Eastman Machine Company Buffalo, N.Y. William Gisel President and Chief Executive Officer Hamdi Ulukaya Rich Products Corporation President and Chief Executive Officer Buffalo, N.Y. Chobani, Inc. Norwich, N.Y. JAMES P. LAURITO President Carlos Unanue Central Hudson Gas President and Electric Corporation Goya de Puerto Rico, Inc. Poughkeepsie, N.Y. Bayamon, P.R.

Martin Mucci President and Chief Executive Officer Paychex Inc. Rochester, N.Y.

119 WHOLESALE CUSTOMER ADVISORY GROUP Michael Bellacosa Thomas Halpin Mary Kate Savini Director Senior Vice President Assistant Vice President The Bank of New York Mellon HSBC Bank USA State Street

Mitchell Christensen Marie-Jude Maignan Vito Sabatelli Executive Vice President Director Director Wells Fargo Bank UBS Deutsche Bank

Jeffrey Dunn James Kenny Megan Vice President Director Senior Product Manager US Bank Corporation Bank of America KeyBank

Steve Fullenkamp Michael Knorr Debbie Wise Vice President Director Group Vice President JPMorgan Chase SunTrust Bank

Miguel Guerrero Vice President PNC Bank

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