Changes in board staff.

The Board of Governors approved on January 19, 2005, the following officer actions in the Division of Consumer and Community Affairs (DCCA) in conjunction with a reorganization of the division to enhance effectiveness:

Tonda Price was promoted to associate director for Consumer Compliance Supervision. She joined the Board in 1983 and was employed in the Division of Information Technology. Ms. Price joined DCCA as a manager in 1993 and was promoted to assistant director in 2002. She holds a BS in mathematics and economics from Norfolk State College and an MBA from the New York Institute of Technology.

Terri Johnsen was appointed associate director for Analysis and Communications. Ms. Johnsen joined the Board's staff in 1998 as a senior community affairs analyst and was promoted to manager in 1999. Before joining the Board, Ms. Johnsen was manager of the consumer compliance examination function at the Federal Reserve Bank of Kansas City. Ms. Johnsen has a BA in English and an MPA, both from the University of Kansas. She is also a graduate of the Stonier Graduate School of Banking.

Suzanne Killian was appointed assistant director for Consumer Compliance Supervision Oversight. Ms. Killian joined the Board in 1993 and was employed in the Board's Office of Inspector General before moving to DCCA as a manager in 1998. Ms. Killian has a BS in accounting from Bloomsburg University.

Adrienne D. Hurt assumed the position of associate counsel and adviser and has responsibility for projects in the consumer protection area and provides technical assistance and expertise to other Board and Systemwide functions. She reports to the director. Ms. Hurt joined the Board in 1983. She was appointed to the official staff as assistant director in 1998 and promoted to associate director in 2002. Ms. Hurt has a law degree from the American University.

Irene (Shawn) McNulty assumed the position of senior adviser and has responsibility for a variety of supervision projects. She reports to the deputy director. Ms. McNulty joined the Board in 1980 and was employed in DCCA as a consumer examination analyst. Before joining the Board, she worked at the Federal Reserve Bank of Dallas as a consumer examination analyst. Ms. McNulty has a BBA from Southern Methodist University. She is also a graduate of the Stonier Graduate School of Banking.

The Division of Consumer and Community Affairs announced a new structure on January 31, 2005. The division has three branches reflecting the major functions performed by staff. These branches are: Regulations, Consumer Compliance Supervision, and Analysis and Communications.

The Board of Governors approved on January 31, 2005, the following officer actions in the Division of Reserve Bank Operations and Payment Systems (RBOPS).

Jeffrey Marquardt was promoted to deputy director, with continuing responsibility for the division's Cash, Retail Payments, Wholesale Payments, Fiscal Agency, Clearance and Settlement Systems, and Payments System Studies programs, and new responsibility for the Payment System Risk program. Mr. Marquardt joined the Board in 1981 as an economist in the Division of International Finance. He was appointed as assistant director in RBOPS in 1991 and was promoted to associate director in 2001. Mr. Marquardt received a BA from Michigan State University and an MA and PhD in economics from the University of Wisconsin. He also has a JD from the University of Wisconsin.

Paul Bettge was promoted to senior associate director with responsibility for Federal Reserve Bank Financial Accounting, Planning and Control, Human Resources, Oversight Coordination, and Audit Review programs. Mr. Bettge joined the Board in 1982. He became the manager of the Financial Accounting program in 1989 and the manager of the division's Payment System Risk program in 1993. Mr. Bettge was appointed assistant director in 1997 and associate director in 2000. Mr. Bettge has a BBA in accounting and an MBA in finance from the College of William and Mary. He is also a certified public accountant.

Ken Buckley was promoted to associate director to reflect the range of his responsibilities for the division's Information Technology, Building Planning, and Protection programs. Mr. Buckley joined the Board in 1988 as manager of the division's Communications program. He was appointed assistant director in 1999. Mr. Buckley received a BA in mathematics from William Preston College, an MS in biometry from the Medical College of Virginia, and an MS in computer science from Virginia Polytechnic Institute.

Jack Walton was promoted to associate director with new responsibility for the Fiscal Agency program, as well as continuing responsibility for the division's Retail Payments and Wholesale Payments programs. Mr. Walton joined the Board in 1977 as an economist in the Division of Research and Statistics and worked in RBOPS and the Division of Monetary Affairs before returning to RBOPS in 1992 as the manager of the ACH section. He was appointed assistant director in 2001. Mr. Walton received a BA in economics from Rockhurst College and an MA in economics from the University of Maryland.

Dorothy LaChapelle was promoted to deputy associate director with continuing responsibility for the division's Federal Reserve Bank Financial Accounting and Planning and Control programs. Ms. LaChapelle joined the Board in the Division of Information Technology in 1977. She became manager of RBOPS's Planning and Control section in 1999. Ms. LaChapelle was appointed assistant director in 2003. She has a BS in business administration from George Mason University.

Gregory Evans was appointed assistant director with responsibility for the division's Federal Reserve Bank Financial Accounting program. Mr. Evans joined the Board in 1988. He became manager of the division's Federal Reserve Bank Financial Accounting program in 1994. Before joining the Board, Mr. Evans was an internal auditor with the Detroit Branch of the Federal Reserve Bank of Chicago and a staff accountant with the public accounting firm Arthur Anderson. He received his BA in accounting from Michigan State University.

Michael Lambert was appointed assistant director with responsibility for the division's Cash program. Mr. Lambert joined the Board in 1984 and worked in the Division of Personnel, the Division of International Finance, and the Division of Banking Supervision and Regulation before joining RBOPS in 1999. He was appointed manager of the division's Cash section in 2002. Mr. Lambert holds a BA in biology from Western Maryland College and an MA in economics from George Mason University.

The Board of Governors approved on February 1, 2005, the following officer actions in the Legal Division in conjunction with a reorganization of the division:

Richard M. Ashton was promoted to deputy general counsel, Litigation and System Operations. He supervises the Litigation and Legal Services, Enforcement, and Monetary and Consumer Affairs sections of the Legal Division. Mr. Ashton joined the Board in 1976 as a staff attorney. He was appointed assistant general counsel in 1982, and associate general counsel responsible for the Litigation and Enforcement section in 1985. Mr. Ashton holds a JD from the Catholic University Law School.

Kathleen O'Day was promoted to deputy general counsel, Banking Regulation and Policy. She supervises the Banking Regulation and Policy group, which handles all domestic and international bank regulatory applications and policy matters as well as international trade matters. Ms. O'Day joined the Board in 1978 as an attorney in the Legal Division. She was appointed assistant general counsel over the division's International section in 1991, and was promoted to associate general counsel in 1992. Ms. O'Day received her JD from the Boston College Law School.

Stephanie Martin was named associate general counsel, Monetary and Consumer Affairs to recognize her expanded responsibilities in the area of consumer affairs. Ms. Martin joined the Legal Division in 1987 as a staff attorney. She was appointed to the official staff in 2001 as assistant general counsel for the Monetary and Reserve Bank Affairs section and was promoted to associate general counsel in 2003. Ms. Martin received her JD from the Harvard University Law School.

Ann E. Misback was promoted to associate general counsel, International Banking Regulation, Trade, and Policy. Ms. Misback joined the Board in 1992 as a senior attorney in the Legal Division, and was appointed to the official staff in 2000 as assistant general counsel in the International Banking section. Ms. Misback earned her JD from the Georgetown University Law Center.

Katherine H. Wheatley was promoted to associate general counsel, Litigation and Legal Services. Ms. Wheatley joined the Board in 1989 as an attorney in the Legal Division's Litigation and Enforcement section. She was appointed to the official staff as assistant general counsel in 1994. Ms. Wheatley received her JD from the Harvard University Law School.

Kieran Fallon was appointed assistant general counsel, Legislation and Special Projects. Mr. Fallon joined the Legal Division in 1995 as an attorney in the Banking Structure section. He was promoted to senior attorney in 1998 and to counsel later that year. Mr. Fallon was promoted to senior counsel in 1999, and to managing senior counsel in 2003. Before joining the Board, Mr. Fallon worked for the law firm of Morrison and Foerster. He received his JD from the New York University Law School.

Stephen Meyer was appointed assistant general counsel, Enforcement. Mr. Meyer joined the Legal Division in 1992 as a senior attorney in the Litigation and Enforcement section. He was promoted to senior counsel in 1998 and to managing senior counsel in 1999. Before joining the Board, Mr. Meyer was assistant director of the Manipulation and Trade Practices Unit at the Commodity Futures Trading Commission, and worked as an attorney at the Federal Trade Commission. Mr. Meyer received his JD from the New York University Law School.

Patricia Robinson was appointed assistant general counsel, Domestic Banking Regulation and Policy. Ms. Robinson joined the Legal Division in 1993 as an attorney in the Banking Structure section. She was promoted to senior attorney in 1995 and to senior counsel in 1998. Ms. Robinson was promoted to managing senior counsel in 2003. Before joining the Board, Ms. Robinson was an associate with the law firm of Sidley and Austin, and the law firm of McKenna, Conner, and Cuneo, where she handled a variety of bank regulatory matters. She earned her JD from the Georgetown University Law Center.

The Board of Governors approved on February 1, 2005, the appointment of Steven M. Roberts as an adviser in the Division of Banking Supervision and Regulation. Mr. Roberts reports to Herbert A. Biern, senior associate director, Enforcement, and will develop an enhanced, comprehensive, compliance risk program for the Federal Reserve's supervision function.

Until recently, Mr. Roberts served as the partner in charge of the financial services regulatory practice for KPMG, LLP, Washington, D.C. Before that, he was assistant to the Chairman of the Board of Governors, under Former Chairman Paul Volcker, and earlier was senior economist in the Division of Research and Statistics. Mr. Roberts was also chief economist for the U.S. Senate Committee on Banking, Housing, and Urban Affairs. Mr. Roberts holds a PhD and Master of economics from Purdue University and a BS in economics from Rutgers University.

The Board of Governors approved on February 7, 2005, the appointment of Robert M. Pribble as special assistant to the Board in the Congressional Liaison Program.

Mr. Pribble joined the Office of Board Members as a congressional liaison assistant in 2003. Before joining the Board, he worked for the law firm of Wilmer, Cutler, and Pickering as a senior legislative analyst and for KPMG Peat Marwick as a manager. Mr. Pribble holds a BA in political science from Indiana University.

The Board of Governors approved on February 15, 2005, the promotion of Margaret M. Shanks to associate secretary of the Board and her appointment as the Board's ombudsman under the Riegle Community Development and Regulatory Improvement Act of 1994.

Ms. Shanks is responsible for overseeing the Records Management Program, Freedom of Information Office, and Federal Reserve Directors Program. As ombudsman, she is responsible for acting as a facilitator and mediator to ensure that complaints about Board or Reserve Bank regulatory actions are addressed in a fair and timely manner.

Ms. Shanks joined the Board in 1991 as a senior attorney in the Legal Divison and was appointed assistant secretary of the Board in 2001. She received her undergraduate degree from DePaul University and her JD degree from Loyola University-Chicago.