Boards of Directors and Advisory Groups
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Boards of Directors, Advisory Groups, and Officers Federal Reserve Bank of Richmond Small Business and Agriculture Advisory Board of Directors Council Our Richmond Board oversees the management Established in 1985, the Small Business and of the Bank and its Fifth District offices, provides Agriculture Advisory Council advises the Bank timely business and economic information, president and other senior officers on the participates in the formulation of national impact that monetary, banking, and fiscal monetary and credit policies, and serves as a policies have on the District’s small business link between the Federal Reserve System and and agricultural sectors. The Council’s 12 the private sector. The Board also has the members are appointed by the Bank president. responsibility of appointing the Bank’s president and first vice president, with approval Community Development Advisory Council from the Federal Reserve Board of Governors. Created in 1998 to enhance communication Six directors are elected by banks in the Fifth between the Bank and the public concerning District that are members of the Federal community development issues, our Commu- Reserve System, and three are appointed by nity Development Advisory Council advises the the Board of Governors. Bank president and other senior officers on The Bank’s board of directors annually community development concerns and related appoints our District representative to the policy matters. The Council’s eight members are Federal Advisory Council, which consists of one appointed by the Bank president. member from each of the 12 Federal Reserve Districts.The Council meets four times a year Operations Advisory Committee with the Board of Governors to consult on The Operations Advisory Committee was business conditions and issues related to the established by the Bank in 1978 to serve banking industry. as a forum for communication with financial institutions about the Federal Reserve’s Baltimore and Charlotte Office financial services and to help the Bank Boards of Directors respond to the changing needs of our Our Baltimore and Charlotte Offices have banking constituency. Committee members separate boards that oversee operations at are appointed by the Bank’s first vice president. their respective locations and, like our Richmond Board, contribute to policymaking Listings as of December 31, 2008 and provide timely business and economic information about the District. Four directors on each of these boards are appointed by the Richmond directors, and three are appointed by the Board of Governors. 34 Federal Reserve Bank of Richmond Board of Directors CHAIRMAn Thomas J. Mackell, Jr. Warrenton,Virginia Dwight V. Neese Director, President, and Chief Executive Officer Provident Community Bank and Provident Community Bancshares, Inc. Rock Hill, South Carolina Kenneth R. Sparks President and Chief Executive Officer Ken Sparks Associates LLC White Stone,Virginia DEPuTY CHAIRMAn Lemuel E. Lewis Patrick C. Graney, III President President LocalWeather.com Petroleum Products, Inc. Suffolk,Virginia Belle,WestVirginia Dana S. Boole Hunter R. Hollar President and Chief Executive Officer President and Chief Executive Officer Community Affordable Housing Sandy Spring Bancorp Equity Corp. Sandy Spring Bank FEDERAL ADvISORY COunCIL REPRESEnTATIvE Raleigh, North Carolina Olney, Maryland Kenneth D. Lewis Chairman, Chief Executive Officer, Robert H. Gilliam, Jr. Margaret E. McDermid and President President and Chief Executive Officer Senior Vice President and Chief Bank of America Corp. The First National Bank of Altavista Information Officer Charlotte, North Carolina Altavista,Virginia Dominion Resources, Inc. 35 Richmond,Virginia Baltimore Office Board of Directors CHAIRMAn Cynthia Collins Allner Principal Miles & Stockbridge P.C. Baltimore, Maryland Biana J. Arentz William B. Grant President and Chief Executive Officer Chairman and Chief Executive Officer Hemingway’s Inc. First United Corp. and Stevensville, Maryland First United Bank &Trust Oakland, Maryland Ronald Blackwell Chief Economist Michael L. Middleton AFL-CIO Chairman and President Washington, D.C. Community Bank ofTri-County Waldorf, Maryland James T. Brady Managing Director–Mid-Atlantic William R. Roberts Ballantrae International, Ltd. President–Verizon Maryland/D.C. Ijamsville, Maryland Verizon Maryland Inc. Baltimore, Maryland 36 Charlotte Office Board of Directors CHAIRMAn Claude C. Lilly Dean College of Business and Behavioral Science Clemson University Clemson, South Carolina Linda L. Dolny Barry L. Slider David J. Zimmerman President President and CEO President PML Associates, Inc. First South Bancorp, Inc. Southern Shows, Inc. Greenwood, South Carolina and First South Bank Charlotte, North Carolina Spartanburg, South Carolina Michael C. Miller Chairman and President James H. Speed, Jr. FNB United Corp. and CommunityONE President and Chief Executive Officer Bank, N.A. North Carolina Mutual Life Asheboro, North Carolina Insurance Company Durham, North Carolina Federal Reserve Bank of Richmond 37 Small Business and Agriculture Advisory Council Seated left to right: B. Lang; F.Darby; S. Cowart;W. Ditman; and J.Tabb Standing left to right: C. Nyholm; D. Arnold; R. Bryant; R.Warren; and M. Clark CHAIRMAn Jane Tabb S. Lake Cowart, Jr. Connie G. Nyholm Secretary Vice President Co-Owner/Managing Partner Lyle C.Tabb & Sons, Inc. Cowart Seafood Corp. VIRginia International Raceway Kearneysville,WestVirginia Lottsburg,Virginia Alton,Virginia David Arnold F. Guy Darby, Jr. R. Gerald Warren President Owner/President President ClassVI River Runners, Inc. F. Guy Darby & Son Farm Warren Farming Co., Inc. Lansing,WestVirginia Darby Oil Inc. Warren Swine Farms Chester, South Carolina Newton Grove, North Carolina Ronnie L. Bryant President and Chief Executive Officer William W. Ditman Charlotte Regional Partnership Chairman Emeritus Charlotte, North Carolina Willow Construction, LLC Easton, Maryland Martha Anne Clark Owner Barbara B. Lang Clark’s Elioak Farm President and Chief Executive Officer Ellicott City, Maryland DC Chamber of Commerce Washington, D.C. 38 Community Development Advisory Council Seated left to right: D. Swinton; J. Henderson; and P.Ponne Standing left to right: M. Stegman;T. Somanath; S.Walden; E. Stein; B. Mazyck; and P.Caldwell CHAIRMAn Jane N. Henderson Peter J. Ponne Eric Stein President Senior Vice President and Manager President Virginia Community Capital, Inc. SunTrust CDC, Mid-Atlantic Region Center for Community Self-Help Christiansburg,Virginia SunTrust Bank Durham, North Carolina Baltimore, Maryland Phyllis R. Caldwell David H. Swinton President T.K. Somanath President Washington AreaWomen’s Foundation Executive Director Benedict College Washington, D.C. Better Housing Coalition Columbia, South Carolina Richmond,Virginia Bernie Mazyck Sharon Walden President and Chief Executive Officer Michael Stegman Executive Director South Carolina Association of Community Director of Policy Stop Abusive Family Environments Development Corporations (SCACDC) The John D. and CatherineT. MacArthur (S.A.F.E.) Charleston, South Carolina Foundation Welch,WestVirginia Chicago, Illinois Federal Reserve Bank of Richmond 39 Operations Advisory Committee Seated left to right: R. Mielke; R. Reardon; and J. Lovern Standing left to right: L. Clark; E. Lilly; M. Patterson; D.Willis; and G. Sink CHAIRMAn R. Lee Clark Marie B. LaQuerre Martin W. Patterson Executive Vice President Senior Vice President Senior Vice President Operations Business Executive Banking Operations TowneBank Bank of America SunTrust Banks Suffolk,Virginia Charlotte, North Carolina Richmond,Virginia Daniel O. Cook, Jr. E. Stephen Lilly Linda J. Adams Executive Vice President and Senior Vice President and Director Chief Operating Officer Chief Operating Officer Enterprise Banking and Arthur State Bank First Community Bancshares, Inc. Payments Services Union, South Carolina Bluefield,Virginia Capital One Glen Allen,Virginia Tim Dillow Joan Lovern Senior Vice President Vice President Tanya A. Butts Branch Banking andTrust Virginia Bank & Trust Co. Executive Vice President, Wilson, North Carolina Danville,Virginia Chief Operations and Technology Officer The South Financial Group Debra E. Droppleman Gerald McQuaid Lexington, South Carolina Chief Financial Officer Senior Vice President Fairmont Federal Credit Union Division Executive, Bank Operations Cynthia B. Cervenka Fairmont,WestVirginia Chevy Chase Bank, FSB President and Chief Executive Officer Laurel, Maryland Damascus Community Bank Kenneth L. Greear Damascus, Maryland Executive Vice President Rita B. Mielke United Bank Vice President and Chief Charleston,WestVirginia Operating Officer The Centreville National Bank of Maryland Centreville, Maryland 40 Seated left to right: N. Robinson;T. Butts; and K. Greear Standing left to right: D. Cook; P.Slaby; S. Perry; and K. Richey Gerry Felton Rick Rhoads Paul A. Slaby Director Senior Vice President Senior Vice President Finance Bank Operations Services E-Services Aberdeen Proving Ground RBC Centura Bank State Employees’Credit Union Federal Credit Union Rocky Mount, North Carolina Raleigh, North Carolina Edgewood, Maryland Patricia Muldoon Kenneth L. Richey Karla Strosnider Senior Vice President and Director Senior Vice President Chief Operating Officer Corporate Cash Management Operations Citizens National Bank of Berkeley Springs Synovus Financial Corporation Centra Bank, Inc. Berkeley Springs,WestVirginia Columbia, South Carolina Morgantown,WestVirginia Stephen B. Perry Norman