Three Greater St. Louis, Inc. investors are stepping into new roles on the Board of Directors for the St. Louis Federal Reserve Bank. All three are Class C Directors appointed by the Board of Governors of the Federal Reserve System to represent the public with consideration to the interests of agriculture, commerce, industry, services, labor and consumers.
The Bottom Line
Board members in St. Louis can have a big impact on a national scale. According to the Fed, the observations of its board members — “along with the economic data and information gathered and analyzed by St. Louis Fed staff — help ensure that conditions of Main Street America are represented in Federal Open Market Committee deliberations in Washington, D.C.”
- Lal Karsanbhai, President and CEO, Emerson Electric Co., will serve as the new Chair.
- Gregory Heckman, CEO, Bunge Global, will serve as the Deputy Chair.
- Nina Leigh Krueger, CEO and President, Nestle Purina PetCare Co., has been appointed to a three-year term.