The Federal Reserve Bank of Boston has announced its 2015 board of directors.
Among the nine directors, which include the chair of the Boston 2024 Partnership and the CEO of State Street Corp., three class A directors represent member banks in the district. Three class B directors and three class C directors are selected with consideration to the interests of agriculture, commerce, industry, services, labor and consumers. The directors are as follows:
• William D. Nordhaus, chair and a class C director, is Sterling Professor of Economics at Yale University. Nordhaus is on the research staff of the National Bureau of Economic Research, the Cowles Foundation for Research and is a senior advisor of the Brookings Panel on Economic Activity. He is a member of the National Academy of Sciences and a fellow of the American Academy of Arts and Sciences. He was president of the American Economic Association in 2014-2015 and serves on that association’s executive committee.
• John F. Fish, deputy chair and a class C director, is the chairman and CEO of Boston-based Suffolk Construction Co. Inc. Fish is also chair of the Boston 2024 Partnership, which is pursuing a bid for Boston to host the 2024 Summer Olympic and Paralympic Games. He is the chairman of the Greater Boston Chamber of Commerce and founding member and former chair of the Massachusetts Competitive Partnership. He also chairs the Brigham and Women’s Hospital $1 billion capital campaign and is the chairman of the board at Boston College, the first non-alumnus to ever fulfill that role.
• Joseph "Jay" L. Hooley, a class A director, is chairman and chief executive officer of Boston-based State Street Corp. Hooley is a director on the board of Boys & Girls Clubs of Boston, the President’s Council of the Massachusetts General Hospital, the Massachusetts Competitive Partnership and is also a member of the Financial Services Forum in Washington.
• Peter Judkins, a class A director, is president and CEO of Franklin Savings Bank, a mutual savings bank based in Farmington, Maine. Prior to joining Franklin Savings Bank in 1999, Judkins held various sales and sales management positions with American Express and Citicorp. Franklin Savings Bank has branch offices in seven Maine cities and towns.
• Michael E. Tucker Esq., a class A director, is president, CEO and director of Greenfield Co-operative Bank and its parent company, Greenfield Bancorp MHC, a position he has held since 2003. A lawyer by training, Tucker began his career at the Springfield Institution for Savings, where he later served as senior vice president and general counsel. Tucker is a director of the Cooperative Banks Employees Retirement Association and a member of the Economic Development Council of Western Massachusetts. He is currently a director of the Franklin County Chamber of Commerce and a Trustee of the Horace Smith Fund Scholarship Fund.
• Roger S. Berkowitz, a class B director, is president and CEO of restaurant chain Legal Sea Foods. Berkowitz is a member of the board of directors for the Regional Selection Panel for the President’s Commission on White House Fellowships. He was appointed to the Special Commission Relative to Seafood Marketing by the governor of Massachusetts, and is a member of the Massachusetts Workforce Train Fund Advisory Committee. He also serves on the board of directors for Dana-Farber Cancer Institute and the Leadership Council at the Harvard School of Public Health. Berkowitz is a past member of the Federal Reserve Bank of Boston’s New England Advisory Council.
• Gary L. Gottlieb, a class B director, has served as president and CEO of Partners HealthCare since 2010. Prior to his current role, he served as president of Boston’s Brigham and Women’s & Faulkner Hospitals. He is a professor of psychiatry at Harvard Medical School and chair of the board of directors of the Boston Private Industry Council, Boston’s workforce investment board. He is also a member of the Institute of Medicine of the National Academy of Sciences, and is a longstanding governor on the Board of Trustees of Partners in Health.
• Laura J. Sen, a class B director, is president and CEO of BJ’s Wholesale Club, a leading operator of membership warehouse clubs in the eastern United States. Prior to her current role at BJ’s, Sen spent more than 20 years at the company in a broad range of senior management roles, including chief operating officer and executive vice president of merchandising and logistics. Sen also serves on the board of directors for the Massachusetts Competitive Partnership, MassMutual, the National Retail Federation, the Pine Street Inn, the Dana-Farber Cancer Institute and the Boston Ballet.
• Catherine D’Amato, a class C director, is president and CEO of The Greater Boston Food Bank, New England’s largest nonprofit hunger-relief organization and food distribution business. Before joining the Boston agency in 1995, she had been the chief executive at food banks in Western Massachusetts and San Francisco. D’Amato currently serves on the board of directors of the Boston Foundation, the Massachusetts Food Association and Basic Health International. She was named vice chair of the Boston Foundation’s board of directors in 2009. She also serves on the Massachusetts Grocery Access Task Force and the Pinnacle Leadership & Team Development Advisory Board.
Richard E. Holbrook, chairman and CEO of Boston-based Eastern Bank Corp., serves as the Federal Advisory Council (FAC) representative for the First Federal Reserve District. The FAC meets quarterly to discuss business and financial conditions with the Federal Reserve Board of Governors in Washington, D.C. It is composed of one banker from each of the 12 Federal Reserve districts.
