The Federal Reserve Bank of Richmond announces the following director appointments:

The Board of Governors of the Federal Reserve System has appointed the chair and deputy chair of the Board of Directors of the Federal Reserve Bank of Richmond for 2025.

Lisa Lawson, president and chief executive officer of the Annie E. Casey Foundation in Baltimore, Maryland, was appointed as chair.

Halsey Cook, president and chief executive officer of Milliken & Company in Spartanburg, South Carolina, was appointed as deputy chair.

The Charlotte Board of Directors has selected as chair James F. "Jimmy" Goodmon Jr., president and chief operating officer of Capitol Broadcasting in Raleigh, North Carolina.

The Baltimore Board of Directors has selected as chair Leslie D. Hale, president and chief operating officer of RLJ Lodging Trust in Bethesda, Maryland.

The Richmond Fed thanks Jodie W. McLean, Bernie W. Mazyck and William J. McCarthy for their service chairing the Richmond, Charlotte and Baltimore boards, respectively.

The Richmond Fed Board of Directors has selected William H. "Bill" Rogers to serve on the Federal Advisory Council for 2025.

As part of our nation's central bank, the Richmond Fed is one of 12 regional Reserve Banks working together with the Board of Governors to support a healthy economy and deliver on our mission to foster economic stability and strength. We connect with community and business leaders across the Fifth Federal Reserve District - including the Carolinas, District of Columbia, Maryland, Virginia, and most of West Virginia - to monitor economic conditions, address issues facing our communities, and share this information with monetary and financial policymakers. We also work with banks to ensure they are operating safely and soundly, supply financial institutions with currency that's fit for distribution, and provide a safe and efficient way to transfer funds through our nation's payments system.

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