St. Louis Fed Little Rock Branch Announces Changes to Board of Directors

LITTLE ROCK, Ark. — The Federal Reserve Bank of St. Louis has announced the following changes to its Little Rock Branch board of directors, effective Jan. 1, 2014:

Michael A. Cook, Senior Vice President and Assistant Treasurer of Wal-Mart Stores Inc. in Bentonville, Ark., has been re-appointed to a three-year term on the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis.

Mark White, president and CEO of Arkansas Blue Cross Blue Shield in Little Rock, Ark., has been appointed to a three-year term on the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis.

John Womack, chairman and CEO of Arvest Bank in Little Rock, Ark., has been appointed for one year to fill the unexpired portion of a three-year term on the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis.

Chairman of the Little Rock Branch board of directors is Ray C. Dillon, president and CEO of Deltic Timber Corp. in El Dorado, Ark. Also serving on the board are: Mary Ann Greenwood, chairman of Greenwood Gearhart Inc. in Fayetteville, Ark.; Ronald B. Jackson, chairman and CEO of Simmons First Bank of Russellville in Russellville, Ark.; and Robert Martinez, owner of Rancho La Esperanza in De Queen, Ark.

Members of the board of directors of the Federal Reserve Bank of St. Louis and the advisory boards of its three branches in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn., are familiar with the economic and credit conditions of their respective regions. Their observations – along with the economic data and information gathered and analyzed by St. Louis Fed staff – help ensure that conditions of Main Street America are represented in Federal Open Market Committee deliberations in Washington, D.C.