Federal Reserve Bank of San Francisco Announces New Appointments to Economic Advisory Council

The Federal Reserve Bank of San Francisco has announced the appointment of six new members to its Economic Advisory Council (EAC). George Zinn, corporate vice president and treasurer of Microsoft Corporation, was appointed chair, and John E. "Jack" Pelo, president and CEO of Swire Coca-Cola USA, was appointed vice chair. Other new members include James Beer, executive vice president and CFO of McKesson Corporation, Jake Boyer, president and CEO of the Boyer Company, Kevin Leader, treasurer of Bechtel Corporation, and Mary Pat Thompson, CFO and senior vice president of MWI Veterinary Supply.

The EAC members provide the Bank's senior management with information on current and pending developments in the regional and national economies. All members serve three-year terms. The new appointees join existing members Ian T. Clark, CEO of Genentech, and Philip L. Francis, retired executive chairman of PetSmart.

Key Takeaways:

  • George Zinn, corporate vice president and treasurer of Microsoft Corporation, was appointed chair of the Federal Reserve Bank of San Francisco's Economic Advisory Council (EAC).
  • John E. "Jack" Pelo, president and CEO of Swire Coca-Cola USA, was appointed vice chair of the EAC.
  • James Beer, executive vice president and CFO of McKesson Corporation, was appointed as a member of the EAC.
  • Jake Boyer, president and CEO of the Boyer Company, was appointed as a member of the EAC.
  • Kevin Leader, treasurer of Bechtel Corporation, was appointed as a member of the EAC.
  • Mary Pat Thompson, CFO and senior vice president of MWI Veterinary Supply, was appointed as a member of the EAC.
  • Ian T. Clark, CEO of Genentech, and Philip L. Francis, retired executive chairman of PetSmart, were reappointed as members of the EAC.
  • Members of the EAC provide the Bank's senior management with information on current and pending developments in the regional and national economies.
  • All members serve three-year terms.
  • The EAC includes a balance of business leaders from the Bay Area, including Richard C. Blum, chairman and CEO of Blum Capital Partners, Kathryn A. Hall, CEO and co-chief investment officer of Hall Capital Partners, LLC, Donald R. Knauss, executive chairman of The Clorox Company, Thomas E. Vice, president of Aerospace Systems at Northrop Grumman, and other notable executives.

Statistics:

  • 6 new members were appointed to the Federal Reserve Bank of San Francisco's Economic Advisory Council.
  • 3 existing members were reappointed to the EAC.
  • The EAC consists of 12 members in total.
  • Members serve three-year terms.
  • The EAC provides the Bank's senior management with information on current and pending developments in the regional and national economies.

Sources:

  • Federal Reserve Bank of San Francisco press release.