The Memphis branch board of directors is composed of seven people not employed by the Fed who represent the Branch region and its businesses and other activities. Three members of the board are chosen by the Board of Governors of the Federal Reserve System, based on recommendations submitted by the Bank, and the other four directors are chosen by the Bank's board of directors. At meetings, directors provide insight on the latest developments in the local economy. This information is shared with the Bank's president and other economists at the Bank.
|David T. Cochran Jr., Chairman
Partner, CoCo Planting Co.
|Michael E. Cary
President and CEO, Carroll Bank and Trust
|J. Brice Fletcher
Chairman, First National Bank of Eastern Arkansas
Forrest City, Ark.
|Roy Molitor Ford Jr.
Vice Chairman and CEO, Commercial Bank and Trust Co.
Owner, Express Employment Professionals
|Carolyn Chism Hardy
President and CEO, Chism Hardy Investments LLC
|Eric D. Robertson
President, Community LIFT Corp.