Stanley Fischer took office as a member of the Board of Governors of the Federal Reserve System on May 28, 2014, to fill an unexpired term ending January 31, 2020. He resigned on October 13, 2017. Prior to his appointment to the Board, Dr. Fischer was governor of the Bank of Israel from 2005 through 2013. From February 2002 to April 2005, Dr. Fischer was vice chairman of Citigroup. Dr. Fischer served as the first deputy managing director of the International Monetary Fund until August 2001. From January 1988 to August 1990, he was the chief economist of the World Bank. Dr. Fischer was born in Lusaka, Zambia, in October 1943. He received his BSc and MSc in economics from the London School of Economics. He received his PhD in economics from the Massachusetts Institute of Technology.
Subject: James P. Gorman
Subject of Interest
James P. Gorman is a member of the board of directors at the Federal Reserve Bank of New York. He is chairman and chief executive officer (CEO) of Morgan Stanley. Before joining Morgan Stanley, Mr. Gorman held a succession of executive positions at Merrill Lynch. Prior to this he was a senior partner of McKinsey & Co. and began his career as an attorney in Melbourne, Australia. He also serves as a director of the Council on Foreign Relations and formerly served as president of the Federal Advisory Council to the U.S. Federal Reserve Board, co-chairman of the Partnership for New York City, chairman of the Board of the Securities Industry and Financial Markets Association. Mr. Gorman, who was born in Australia, earned a bachelor of arts degree and a law degree from the University of Melbourne and a master of business administration degree from Columbia University.
Subject: Douglas L. Kennedy
Subject of Interest
Douglas L. Kennedy is a member of the board of directors at the Federal Reserve Bank of New York. He is the president and chief executive officer of Peapack-Gladstone Bank. Kennedy is a graduate of Sacred Heart University in Fairfield, Connecticut with a bachelor’s degree in economics and an MBA in finance. He sits on Sacred Heart’s board of trustees and is also a member of Montclair State University’s board of trustees. Doug serves on the boards of the New Jersey Bankers Association and New Jersey Chamber of Commerce.
Subject: Paul P. Mello
Subject of Interest
Paul P. Mello is a member of the board of directors at the Federal Reserve Bank of New York. He is the president and CEO of Solvay Bank headquartered and operating in Onondaga County, New York. Mr. Mello was appointed to the position in 2002. Before joining the Bank, Mello was a CPA and worked for Coopers & Lybrand in Syracuse from 1989 to 1993. He served as a member of the Community Depository Institutions Advisory Council of the Federal Reserve Bank of New York in 2011. He also served as the Chair of the Independent Bankers Association of New York State for two years. Mello earned a bachelor’s degree in accounting from LeMoyne College in 1989.
Subject: Adena T. Friedman
Subject of Interest
Adena T. Friedman is a member of the board of directors at the Federal Reserve Bank of New York. She assumed the role of president and chief executive officer of Nasdaq in 2017 and is a member of the board of directors. Prior to her appointment as chief executive officer, Friedman served as president and chief operating officer of Nasdaq throughout 2016. Prior to that, she served as chief financial officer and managing director of The Carlyle Group from March 2011 to June 2014, and played a significant role in taking the company public in May 2012. Friedman earned an M.B.A. from Owen Graduate School of Management, Vanderbilt University, in Nashville, Tennessee. She holds a B.A. in political science from Williams College in Massachusetts.
Subject: Glenn H. Hutchins
Subject of Interest
Glenn H. Hutchins is a member of the board of directors at the Federal Reserve Bank of New York. He is chairman of North Island and a co-founder of Silver Lake. He is a director of AT&T and of Virtu Financial, co-chairman of the Brookings Institution and CARE, and the Obama Foundation. He is also a member of the Investment Board of Singapore’s Government Investment Corporation. Previously, Hutchins served President Clinton in both the transition and the White House as a special advisor on economic and health-care policy. He was also previously chairman of the board of SunGard Data Systems, Inc. and Instinet, Inc. and a director of Nasdaq, Inc. He was also a director of Harvard Management Company and co-chairman of Harvard University’s capital campaign. Hutchins holds an A.B. from Harvard College, an M.B.A. from Harvard Business School, and a J.D. from Harvard Law School.
Subject: Charles Phillips
Subject of Interest
Charles Phillips is a member of the board of directors at the Federal Reserve Bank of New York. He is chairman of the Board of Infor, the third largest business software applications company in the world. Prior to Infor, Phillips was president of Oracle Corporation and a member of its board of directors. Before Oracle, Phillips was a managing director at Morgan Stanley in the Technology Group and served on its board of directors. Phillips holds a B.S. in Computer Science from the U.S. Air Force Academy, a J.D. from New York Law School, and an MBA from Hampton University and is a member of the Georgia State Bar Association.
Subject: Vincent Alvarez
Subject of Interest
Vincent Alvarez is a member of the board of directors at the Federal Reserve Bank of New York. He was elected as the New York City Central Labor Council, AFL-CIO’s (NYCCLC) first full-time president in 2011, and was re-elected in 2015. He had previously served as assistant legislative director of the NYS AFL-CIO. From 2007-2009, Alvarez was assistant to the executive director and then chief of staff of the NYCCLC. He is a member of the International Brotherhood of Electrical Workers (IBEW) since 1990, Mr. Alvarez began his career with IBEW Local 3 in Flushing, New York, serving on numerous political campaigns, grassroots initiatives, and negotiating committees. He is a graduate of the State University of New York at Oneonta, where he majored in business economics.
Subject: Denise Scott
Subject of Interest
Denise Scott is the Chair and member of the board of directors at the Federal Reserve Bank of New York. She is executive vice president in charge of Local Initiatives Support Corporation’s (LISC) national and local programs. She served as a White House appointee to the United States Department of Housing and Urban Development (HUD), responsible for the daily operations of HUD’s six New York/New Jersey Regional offices. Prior to that, she served as the managing director/coordinator responsible for launching the Upper Manhattan Empowerment Zone Development Corporation; as the assistant vice president of the New York City Urban Coalition; as deputy director of the New York City Mayor’s Office of Housing Coordination from 1990-1992; and as the director of the New York City Department of Housing and Development’s Harlem Neighborhood Preservation Program office. Scott has a master’s degree in Urban Planning from Columbia University and has taught at its Graduate School of Architecture, Planning, and Preservation as a visiting assistant professor.
Subject: Rosa M. Gil
Subject of Interest
Rosa M. Gil is Deputy Chair and member of the board of directors at the Federal Reserve Bank of New York. She is the founder, president and CEO of Comunilife, Inc. Gil served as a mayor’s health policy advisor. She is the former chairperson of the New York City Health and Hospital Corporation, executive director of Woodhull Medical Center and Metropolitan Hospital, senior vice president of Generation and Northern Manhattan Health Network; senior vice president Mental Hygiene Services at the NYC Health and Hospitals Corporation and executive deputy commissioner for Families and Children Services at the NYC Human Resources Administration. Dr. Gil is the former University Dean for Health Sciences at the City University of New York.
Subject: Sheldon Karras
Subject of Interest
Sheldon Karras is the Chief Executive Officer of Fordham Capital Partners and founded Fordham Financial Services, Inc., the predecessor company to Fordham Capital Partners, in 2001. He began his career in commercial finance with Walter E. Heller and Company and later acquired the Vertiflex Company, a manufacturer of office products and furniture which was sold in 2000. Karras received his BA from the University of Illinois and attended the University of Illinois College of Law.
Subject: Michael Karras
Subject of Interest
Michael Karras is the Executive Vice President of Fordham Capital Partners. Karras is a member of the Commercial Finance Association and the Turnaround Management Association. He received a BA in political science from Ithaca College. Prior to joining Fordham Capital Partners, he was a Sales Manager at Bretford until 2005, and a National Sales manager at Vertiflex until 2001.
Fordham Financial Management, Inc
Subject: Mark Stetson
Subject of Interest
Mark Stetson is the Executive Vice President Fordham Capital Partners. He was previously Senior Vice President of Commercial Banking for First Bank of Highland Park and Senior Vice President/Regional Market Manager for Fifth Third Bank. He received a BS in marketing from Illinois State University. Prior to joining Fordham, he was a Senior Vice President at First Bank of Highland Park until 2018. Prior to that Stetson was a Regional Market Manager at Middle Market Banking Group until 2016.
Subject: Van Taylor
Subject of Interest
Nicholas Van Campen Taylor, known as Van Taylor (R-TX) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is an American businessman and politician from Plano, Texas. He is the U.S. Representative for Texas’ 3rd congressional district. Taylor is a veteran of the Iraq War and a member of the Republican Party, he represented District 8 in the Texas Senate for a single term from 2015 to 2019. He also previously served in the Texas House of Representatives for District 66 in western Collin County. From January 2002 to December 2018, Taylor worked for Churchill Capital Company, a real estate investment banking and principal investment firm, as a real estate investment banker. He previously worked for McKinsey & Company and Trammell Crow Company. He graduated from Harvard University (BA, MBA).
Subject: William Timmons
Subject of Interest
William Richardson Timmons IV (R-SC) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is an American attorney, entrepreneur, and politician from South Carolina. He is the United States representative for South Carolina’s 4th congressional district. The district is located in the heart of the Upstate and includes Greenville, Spartanburg, and most of those cities’ suburbs. He served as a state senator in the South Carolina Senate from the 6th district from 2016 to 2018. He is a member of the Republican Party. Timmons graduated from George Washington University (BA), and University of South Carolina (MA, JD).
