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Board of Directors

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How is your community reflected in our work? Directors and advisory council members share their perspectives. Watch the videos and read the blogs.

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.

For information on diversity, demographics and sector representation of Reserve bank directors across the System, please see the Board of Governors’ website.

St. Louis | Little Rock | Louisville | Memphis

St. Louis Fed Board of Directors

Class C

  • Suzanne Sitherwood, Chair
    President and CEO, Spire Inc.
    St. Louis

  • James M. McKelvey Jr., Deputy Chair
    Founder and CEO, Invisibly Inc.
    St. Louis

  • Carolyn Chism Hardy
    CEO, Chism Hardy Investments LLC
    Bartlett, Tenn.

Class B

  • Alice K. Houston
    CEO, HJI Supply Chain Solutions
    Louisville, Ky.

  • Penny Pennington

    Penny Pennington
    Managing Partner, Edward Jones
    St. Louis

  • John N. Roberts III
    President and CEO, J.B. Hunt Transport Services Inc.
    Lowell, Ark.

Class A

  • Patricia L. Clarke
    President, First National Bank of Raymond
    Raymond, Ill.

  • Elizabeth G. McCoy
    CEO, Planters Bank Inc.
    Hopkinsville, Ky.

  • C. Mitchell Waycaster

    C. Mitchell Waycaster
    President and CEO, Renasant Bank
    Tupelo, Miss.

Little Rock Branch Board of Directors

Louisville Branch Board of Directors

Memphis Branch Board of Directors


Eighth District Federal Advisory Council Representative

  • D. Bryan Jordan
    Chairman, President and CEO, First Horizon National Corp.
    Memphis, Tenn.