Board of Directors

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As required by the Federal Reserve Act of 1913, each Federal Reserve bank is supervised by a board of directors. These boards are composed of three classes of directors (A, B and C) with three members in each class who are from outside the Reserve bank and are familiar with economic and credit conditions in their respective Federal Reserve district.

• Class A: Elected by member financial institutions in that district to represent the member financial institutions
• Class B: Elected by member financial institutions in that district to represent the public with consideration to the interests of agriculture, commerce, industry, services, labor and consumers
• Class C: Appointed by the Board of Governors of the Federal Reserve System to represent the public with consideration to the interests of agriculture, commerce, industry, services, labor and consumers

Each Reserve bank branch also has a board of directors. The Board of Governors appoints some branch directors, and the Reserve bank appoints the others.

View detailed information on the St. Louis Fed's current board of directors in our demographics table (PDF).

For information on gender and racial/ethnic diversity, and sector representation of Reserve bank directors across the System, see the Board of Governors’ website.

St. Louis | Little Rock | Louisville | Memphis

St. Louis Fed Board of Directors

Class C

• 

  James M. McKelvey Jr., Chair
  Founder and CEO, Invisibly Inc.
  St. Louis
  (Term expiration: Dec. 31, 2023)

• 

  Carolyn Chism Hardy, Deputy Chair
  President and CEO, Chism Hardy Investments LLC
  Bartlett, Tenn.
  (Term expiration: Dec. 31, 2022)

• 

  Lal Karsanbhai
  President and CEO, Emerson Electric Co.
  St. Louis
  (Term expiration: Dec. 31, 2024)

Class B

• 

  R. Andrew Clyde
  President and CEO, Murphy USA Inc.
  El Dorado, Ark.
  (Term expiration: Dec. 31, 2023)

• 

  Penny Pennington
  Managing Partner, Edward Jones
  St. Louis
  (Term expiration: Dec. 31, 2022)

• 

  Michael Ugwueke
  President and CEO, Methodist Le Bonheur Healthcare
  Memphis, Tenn.
  (Term expiration: Dec. 31, 2024)

Class A

• 

  Misty Borrowman
  President and CEO, Bank of Hillsboro
  Hillsboro, Ill.
  (Term expiration: Dec. 31, 2024)

• 

  Elizabeth G. McCoy
  CEO, Planters Bank Inc.
  Hopkinsville, Ky.
  (Term expiration: Dec. 31, 2023)

• 

  C. Mitchell Waycaster
  President and CEO, Renasant Bank
  Tupelo, Miss.
  (Term expiration: Dec. 31, 2022)

Little Rock Branch Board of Directors

• 

  Millie A. Ward, Chair
  President, Stone Ward
  Little Rock, Ark.
  (Term expiration: Dec. 31, 2022)

• 

  Christopher B. Hegi
  President and CEO, First Financial Bank
  El Dorado, Ark.
  (Term expiration: Dec. 31, 2022)

• 

  Jamie J. Henry
  Vice President, Finance, Emerging Payments at Walmart Inc.
  Bentonville, Ark.
  (Term expiration: Dec. 31, 2024)

• 

  Vickie D. Judy
  Chief Financial Officer and Vice President, America's Car-Mart Inc.
  Rogers, Ark.
  (Term expiration: Dec. 31, 2023)

• 

  Vincent G. Logan
  Chief Financial Officer and Chief Investment Officer, Native American Agriculture Fund
  Fayetteville, Ark.
  (Term expiration: Dec. 31, 2023)

• 

  Jeff Lynch
  President and CEO, Eagle Bank & Trust Co.
  Little Rock, Ark.
  (Term expiration: Dec. 31, 2024)

• 

  Darrin Williams
  CEO, Southern Bancorp Inc.
  Little Rock, Ark.
  (Term expiration: Dec. 31, 2023)

More about the Little Rock Branch

Louisville Branch Board of Directors

• 

  Emerson M. Goodwin, Chair
  Senior Vice President of Business Development, KentuckyCare
  Paducah, Ky.
  (Term expiration: Dec. 31, 2024)

• 

  Tara E. Barney
  CEO, Evansville Regional Economic Partnership
  Evansville, Ind.
  (Term expiration: Dec. 31, 2023)

• 

  Dave W. Christopher Sr.
  Executive Director, AMPED Louisville
  Louisville, Ky.
  (Term expiration: Dec. 31, 2024)

• 

  Patrick J. Glotzbach
  Director, The New Washington State Bank
  Charlestown, Ind.
  (Term expiration: Dec. 31, 2022)

• 

  Sadiqa N. Reynolds
  President and CEO, Louisville Urban League
  Louisville, Ky.
  (Term expiration: Dec. 31, 2023)

• 

  David E. Tatman
  Director of Engineering, Bendix Spicer Foundation Brake LLC
  Bowling Green, Ky.
  (Term expiration: Dec. 31, 2022)

• 

  Blake B. Willoughby
  President, First Breckinridge Bancshares Inc.
  Irvington, Ky.
  (Term expiration: Dec. 31, 2023)

More about the Louisville Branch

Memphis Branch Board of Directors

• 

  Kathy Buckman Gibson, Chair
  President and CEO, KBG Technologies
  Memphis, Tenn.
  (Term expiration: Dec. 31, 2022)

• 

  Jeff Agee
  Chairman and CEO, First Citizens National Bank
  Dyersburg, Tenn.
  (Term expiration: Dec. 31, 2023)

• 

  Tyrone Burroughs
  President and CEO, First Choice Sales and Marketing Group Inc.
  Memphis, Tenn.
  (Term expiration: Dec. 31, 2024)

• 

  Davy Carter
  Regional President, Centennial Bank
  Jonesboro, Ark.
  (Term expiration: Dec. 31, 2022)

• 

  Beverly Crossen
  Owner, FarmHouse Tupelo
  Tupelo, Miss.
  (Term expiration: Dec. 31, 2023)

• 

  Tracy D. Hall
  President, Southwest Tennessee Community College
  Memphis, Tenn.
  (Term expiration: Dec. 31, 2024)

• 

  Henry N. Reichle Jr.
  President and CEO, Staple Cotton Cooperative Association (Staplcotn)
  Greenwood, Miss.
  (Term expiration: Dec. 31, 2023)

More about the Memphis Branch

Eighth District Federal Advisory Council Representative

• 

  D. Bryan Jordan
  President and CEO, First Horizon Corp.
  Memphis, Tenn.
  (Term expiration: Dec. 31, 2022)