In Brief

Chicago Fed announces promotions.

Last Updated: 06/22/10

News Release

Chicago Fed Announces Six Promotions

CHICAGO -- The Federal Reserve Bank of Chicago today announced six promotions in its Economic Research and Bank Supervision and Regulation departments.

 

New Executive Vice Presidents

Cathy Lemieux, 56, has been promoted to executive vice president of the Bank Supervision and Regulation Department. She most recently served as senior vice president.  She lives in Lake Bluff, Illinois. 

 

Daniel Sullivan, 51, has been promoted to executive vice president of the Economic Research Department.  He previously served as senior vice president.  He lives in Woodridge, Illinois. 

 

New Senior Vice Presidents

Jim Nelson, 50, has been promoted to senior vice president in the Bank Supervision and Regulation Department.  He formerly served as vice president. He lives in Hinsdale, Illinois. 

 

Carl Tannenbaum, 50, has been promoted to senior vice president in the Bank Supervision and Regulation Department. He formerly served as vice president.  He lives in Downers Grove, Illinois. 
 
Steve Durfey, 45, has been promoted to senior vice president in the Bank Supervision and Regulation Department.  He formerly served as vice president. He lives in Buffalo Grove, Illinois. 

 

New Assistant Vice President

Richard Heckinger, 62, has been promoted to assistant vice president in the Economic Research Department.  He formerly served as senior policy advisor. He lives in Chicago, Illinois. 


Federal Reserve Bank of Chicago Background

The Federal Reserve Bank of Chicago is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation’s central bank.  The Chicago Reserve Bank serves the seventh Federal Reserve District, which encompasses the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa.  In addition to participation in the formulation of monetary policy, each Reserve Bank supervises member banks and bank holding companies, provides financial services to depository institutions and the U.S. government, and monitors economic conditions in its District.