Beth Hammack Named New Cleveland Fed President
The Federal Reserve Bank of Cleveland has appointed Beth M. Hammack as its next president and CEO, effective August 21, 2024. Hammack, who has over 30 years of experience in finance and capital markets, will represent the Fourth Federal Reserve District on the Federal Open Market Committee and lead the Cleveland Fed's 1,100 employees. She succeeds Loretta J. Mester and will be a voting member of the FOMC.