Changes in Board staff.

The Board of Governors approved on August 29, 2005, the promotion of William C. Schneider, Jr., to deputy associate director in the Division of Banking Supervision and Regulation.

Mr. Schneider was promoted to reflect the range of his continuing responsibilities for the National Information Center, which include overseeing key supervisory national applications such as BOND, NED, RSSD, and CDTR; representing the division on the interagency Call Report Modernization effort and the Information Sharing Task Force of the FFIEC; and being responsible for the division's information technology support.

Mr. Schneider joined the Board in 1976 in the Division of Information Technology. He was appointed assistant director in 1982. Mr. Schneider transferred to the Federal Reserve Bank of Cleveland as vice president in 1986. In 1990 he returned to the Board and was appointed project director for the National Information Center. He joined the Division of Banking Supervision and Regulation in 1994. Mr. Schneider holds a BS degree in business administration from Geneva College and an MBA with a concentration in information technology from George Mason University.

Joseph H. Hayes, Jr., assistant director in the Division of Reserve Bank Operations and Payment Systems, passed away on Sunday, September 4, 2005. Mr. Hayes was responsible for the Board's oversight of the Reserve Bank Human Resources programs. He joined the Board in 1985.

The Board of Governors approved on September 26, 2005, the appointment of Leonard Chanin as associate director and Sheila F. Maith as assistant director in the Division of Consumer and Community Affairs.

Leonard Chanin will have oversight responsibility for the Regulations branch, which handles the legal analysis and regulation drafting functions. He will also represent the Board in public and private forums dealing with regulatory issues related to financial services. Mr. Chanin worked as an attorney in the Board's Division of Consumer and Community Affairs from 1985 to 1999. He left the Board to join the law firm of Morrison and Foerster, where he has worked ever since. Mr. Chanin holds a BA degree from the American University and a JD from the Washington University Law School.

Sheila F. Maith will have oversight responsibility for Board and System programs in both the community affairs function and the Consumer Advisory Council. She will represent the Board at public- and private-sector meetings and in discussions dealing with policies and programs related to community and economic development and the delivery of financial services to underserved markets. Ms. Maith is employed by the Fannie Mae Foundation, where she manages the policy and leadership development program. Her responsibilities include the development and implementation of the foundation's strategy to advance affordable housing issues on the public-policy agenda, focusing on state and local government. Before her position with Fannie Mae, Ms. Maith was senior counsel to Senator Edward M. Kennedy, acting as an adviser on economic issues. She holds an MA degree from the Kennedy School of Government at Harvard University and a JD from the Harvard Law School.

The Board of Governors approved on November 1, 2005, the appointment of Brian J. Gross as special assistant to the Board in the Congressional Liaison program in the Office of Board Members.

Mr. Gross joined the Office of Board Members as congressional liaison assistant in 2003. Before joining the Board's staff, he served as chief counsel to the executive director of the Securities and Exchange Commission, as director of communications for the SEC, as the deputy staff director and chief ethics officer for the Senate Banking Committee, and as chief counsel and legislative assistant to Senator Phil Gramm. Mr. Gross holds a BA in economics and history from Texas A&M University and a JD from the Georgetown University Law Center.

The Board of Governors approved on November 2, 2005, the appointment of Jill Rosen to assistant director in the Division of Information Technology. Ms. Rosen will have oversight responsibilities for the National Information Center (NIC) Systems branch. The newly created branch includes the NIC Architecture Redesign Initiative (NARI). The NARI project will provide economists and financial analysts throughout the Federal Reserve System easier and more cost-effective access to structure, financial, and supervisory data on financial institutions.

Ms. Rosen joined the Board in 1997 and was promoted to manager in the Division of Information Technology in 2000. She has managed software development for many of the Board's key information systems. Before joining the Board, Ms. Rosen worked for Computer Business Methods as a senior management analyst and database administrator. She holds a BS in electrical engineering from George Washington University, and she will receive an MS in project management from George Washington University in December 2005.