Federal Reserve System Organization Federal Reserve System Organization 241 Board of Governors December 31, 2002 Members Term expires Legal Division—Continued January 31, Katherine H. Wheatley, Assistant General Alan Greenspan, of New York, Counsel Chairman1 .......................2006 Cary K. Williams, Assistant General Roger W. Ferguson, Jr., of Counsel Massachusetts, Vice Chairman1 . .2014 Edward M. Gramlich, of Virginia . 2008 Office of the Secretary Mark W. Olson, of Maryland ....... .2010 Jennifer J. Johnson, Secretary� Susan S. Bies, of Tennessee ........ .2012 Robert deV. Frierson, Deputy Secretary� Ben S. Bernanke, of New Jersey . .2004 Margaret M. Shanks, Assistant Secretary� Donald L. Kohn, of Virginia ....... .2016 Officers Division of International Finance Office of Board Members Karen H. Johnson, Director Donald J. Winn, Assistant to the Board and Director David H. Howard, Deputy Director Lynn S. Fox, Assistant to the Board Thomas A. Connors, Associate Director Michelle A. Smith, Assistant to the Board Dale W. Henderson, Associate Director Winthrop P. Hambley, Deputy Richard T. Freeman, Deputy Associate Congressional Liaison Director John Lopez, Special Assistant William L. Helkie, Senior Adviser to the Board Steven B. Kamin, Deputy Associate Rosanna Pianalto-Cameron, Special Director Assistant to the Board Jon W. Faust, Assistant Director David Skidmore, Special Assistant Joseph E. Gagnon, Assistant Director to the Board Michael P. Leahy, Assistant Director D. Nathan Sheets, Assistant Director Legal Division Ralph W. Tryon, Assistant Director J. Virgil Mattingly, Jr., General Counsel Scott G. Alvarez, Associate General Division of Monetary Affairs Counsel Vincent R. Reinhart, Director Richard M. Ashton, Associate David E. Lindsey, Deputy Director General Counsel Brian F. Madigan, Deputy Director Kathleen M. O’Day, Associate General Counsel William C. Whitesell, Deputy Associate Director Stephanie Martin, Assistant General Counsel James A. Clouse, Assistant Director Ann Misback, Assistant General Counsel William B. English, Assistant Director Stephen L. Siciliano, Assistant General Richard D. Porter, Senior Adviser Counsel Normand R.V. Bernard, Special Assistant to the Board 1. The designations as Chairman and Vice Chairman expire on June 20, 2004, and October 5, 2003, respectively, unless the service of these members of the Board shall have terminated sooner. 242 89th Annual Report, 2002 Board of Governors—Continued Division of Research Angela Desmond, Assistant Director and Statistics James A. Embersit, Assistant Director David J. Stockton, Director Charles H. Holm, Assistant Director Edward C. Ettin, Deputy Director William G. Spaniel, Assistant Director David W. Wilcox, Deputy Director David M. Wright, Assistant Director Myron L. Kwast, Associate Director William C. Schneider, Jr., Project Director, Stephen D. Oliner, Associate Director National Information Center Patrick M. Parkinson, Associate Director Lawrence Slifman, Associate Director Division of Consumer Charles S. Struckmeyer, Associate Director and Community Affairs Joyce K. Zickler, Deputy Dolores S. Smith, Director Associate Director Glenn E. Loney, Deputy Director J. Nellie Liang, Assistant Director Sandra F. Braunstein, Senior Associate Stuart Wayne Passmore, Assistant Director Director David L. Reifschneider, Assistant Director Maureen P. English, Associate Director Janice Shack-Marquez, Assistant Director Adrienne D. Hurt, Associate Director William L. Wascher III, Assistant Director Irene Shawn McNulty, Associate Director Mary M. West, Assistant Director Alice Patricia White, Assistant Director Division of Federal Reserve Glenn B. Canner, Senior Adviser Bank Operations and Payment David S. Jones, Senior Adviser Systems Thomas D. Simpson, Senior Adviser Louise L. Roseman, Director Paul W. Bettge, Associate Director Division of Banking Supervision Jeffrey C. Marquardt, Associate Director and Regulation Kenneth D. Buckley, Assistant Director Richard Spillenkothen, Director Joseph H. Hayes, Jr., Assistant Director Stephen C. Schemering, Deputy Director Edgar A. Martindale III, Assistant Director Herbert A. Biern, Senior Associate Marsha W. Reidhill, Assistant Director Director Jeff J. Stehm, Assistant Director Roger T. Cole, Senior Associate Director Jack K. Walton II, Assistant Director William A. Ryback, Senior Associate Director Office of Staff Director Gerald A. Edwards, Jr., Associate Director for Management Stephen M. Hoffman, Jr., Associate Director Stephen R. Malphrus, Staff Director for Management James V. Houpt, Associate Director Sheila Clark, Equal Employment Jack P. Jennings, Associate Director Opportunity Programs Director Michael G. Martinson, Associate Director Molly S. Wassom, Associate Director Management Division Howard A. Amer, Deputy Associate Director William R. Jones, Director Norah M. Barger, Deputy Associate Stephen J. Clark, Associate Director Director Darrell R. Pauley, Associate Director Betsy Cross-Jacowski, Deputy Associate David L. Williams, Associate Director Director Christine M. Fields, Assistant Director Deborah P. Bailey, Assistant Director Billy J. Sauls, Assistant Director Barbara J. Bouchard, Assistant Director Donald A. Spicer, Assistant Director Federal Reserve System Organization 243 Board of Governors—Continued Division of Office of Inspector General Information Technology Barry R. Snyder, Inspector General Marianne M. Emerson, Deputy Director Donald L. Robinson, Deputy Inspector Maureen T. Hannan, Associate Director General Tillena G. Clark, Assistant Director Geary L. Cunningham, Assistant Director Wayne A. Edmondson, Assistant Director Po Kyung Kim, Assistant Director Susan F. Marycz, Assistant Director Sharon L. Mowry, Assistant Director Raymond Romero, Assistant Director Robert F. Taylor, Assistant Director 244 89th Annual Report, 2002 Federal Open Market Committee December 31, 2002 Members Jamie B. Stewart, Jr., First Vice President, Federal Reserve Bank of Alan Greenspan, Chairman, Board of New York Governors William J. McDonough, Vice Officers Chairman, President, Federal Reserve Bank of New York Vincent R. Reinhart, Secretary and Ben S. Bernanke, Board of Governors Economist Normand R.V. Bernard, Deputy Susan Schmidt Bies, Board of Secretary Governors Gary P. Gillum, Assistant Secretary Roger W. Ferguson, Jr., Board of Michelle A. Smith, Assistant Secretary Governors J. Virgil Mattingly, Jr., General Counsel Edward M. Gramlich, Board of Thomas C. Baxter, Jr., Deputy General Governors Counsel Jerry L. Jordan, President, Federal Karen H. Johnson, Economist Reserve Bank of Cleveland David J. Stockton, Economist Donald L. Kohn, Board of Governors Thomas A. Connors, Associate Economist Robert D. McTeer, Jr., President, Christine M. Cumming, Associate Federal Reserve Bank of Dallas Economist Mark W. Olson, Board of Governors David H. Howard, Associate Economist Anthony M. Santomero, President, David E. Lindsey, Associate Economist Federal Reserve Bank of Philadelphia Loretta J. Mester, Associate Economist Gary H. Stern, President, Federal Stephen D. Oliner, Associate Economist Reserve Bank of Minneapolis Arthur J. Rolnick, Associate Economist Harvey Rosenblum, Associate Economist Alternate Members Mark S. Sniderman, Associate Economist J. Alfred Broaddus, Jr., President, David W. Wilcox, Associate Economist Federal Reserve Bank of Richmond Dino Kos, Manager, System Open Market Jack Guynn, President, Federal Reserve Account Bank of Atlanta During 2002 the Federal Open Market Com­ Michael H. Moskow, President, mittee held eight regularly scheduled meet­ Federal Reserve Bank of Chicago ings (see ‘‘Minutes of Federal Open Market Robert T. Parry, President, Federal Committee Meetings’’ in this volume.) Reserve Bank of San Francisco Federal Reserve System Organization 245 Federal Advisory Council December 31, 2002 Members District 10—Camden R. Fine, President and Chief Executive Officer, Midwest District 1—David A. Spina, Chairman and Independent Bank, Jefferson City, Chief Executive Officer, State Street Missouri Corporation, Boston, Massachusetts District 11—Richard W. Evans, Jr., Chair- District 2— David A. Coulter, Vice Chair- man and Chief Executive Officer, Frost man, J.P. Morgan Chase & Co., New National Bank, San Antonio, Texas York, New York District 12—Michael E. O’Neill, Chair- District 3—Rufus A. Fulton, Jr., Chair- man, Chief Executive Officer, and man and Chief Executive Officer, Ful­ President, Bank of Hawaii, Honolulu, ton Financial Corporation, Lancaster, Hawaii Pennsylvania District 4—David A. Daberko, Chairman and Chief Executive Officer, National City Officers Corporation, Cleveland, Ohio David A. Daberko, President District 5—L.M. Baker, Jr., Chairman L.M. Baker, Jr., Vice President and Chief Executive Officer , Wachovia James E. Annable, Co–Secretary Corporation, Winston-Salem, North Carolina William J. Korsvik, Co–Secretary District 6—L. Phillip Humann, Chairman, President, and Chief Executive Officer The Federal Advisory Council, which is , composed of one representative of the bank­ SunTrust Banks, Inc., Atlanta, Georgia ing industry from each of the twelve Federal District 7—Alan G. McNally, Chairman Reserve Districts, is required by the Federal and Chief Executive Officer, Harris Reserve Act to meet in Washington at least Bankcorp, Inc., Chicago, Illinois four times each year and is authorized by the District 8—David W. Kemper, Chairman, act to consult with, and advise, the Board President, and Chief Executive Officer, of Governors on all matters within the juris­ Commerce