This year’s annual report examines a project the Fed is spearheading to improve the U.S. payment system. The essay is written by St. Louis Fed First Vice President David Sapenaro, who recently completed his responsibilities as the project’s interim payments strategy director.View Publication
Martha Perine Beard
Martha Perine Beard is the regional executive of the Memphis Branch of the Federal Reserve Bank of St. Louis, which includes western Tennessee, northern Mississippi and eastern Arkansas. Branch activities include sponsoring and hosting community-development seminars, providing economic education, conducting regional economic research and gathering monetary-policy input from business leaders within the local community.
Mrs. Beard joined the Federal Reserve Bank as a management trainee and has served in a number of management and official positions during her Fed career. Mrs. Beard transferred to the Memphis Branch in 1997.
Mrs. Beard is active in Memphis business and civic organizations and currently serves on several boards in Memphis, including Memphis Tomorrow, Greater Memphis Chamber, United Way of the Mid South, St. Jude Children's Research Hospital, the Baptist Health Care Corp. and the Mid-South Minority Business Council. Mrs. Beard was a member of the 1998 class of Leadership Memphis and the 2000 class of the New Memphis Institute.
Mrs. Beard has been profiled in the Commercial Appeal, Memphis Business Journal and Grace Magazine.
A native of Mobile, Ala., Mrs. Beard holds a Bachelor of Arts degree in business from Clark Atlanta University in Atlanta and a master's degree in economics from Washington University in St. Louis. Mrs. Beard is married and the mother of three children.