For immediate release
Contact: Katherine Q. Dibling, senior media representative, (215) 574-4119
Philadelphia, Pa. — The Federal Reserve Bank of Philadelphia today released the names of the appointees to its 2010 Economic Advisory Council (EAC). The council includes representatives from diverse industries as well as nonprofits and organized labor in the Third Federal Reserve District, which covers Delaware, southern New Jersey, and eastern Pennsylvania.
Advisory council members provide information to Federal Reserve Bank officials on business conditions in their industries and communities. Armed with these insights, Fed policymakers can make more informed decisions. Since the EAC is moving to staggered three-year terms, the 2010 council members will serve one-year, two-year, or three-year terms.
Edward Coryell is the executive secretary-treasurer and business manager of the Metropolitan Regional Council of Carpenters of Philadelphia and Vicinity and president of the Pennsylvania State Council of Carpenters. He is co-chairman of the Carpenters’ Benefit Funds. He serves on the board of Independence Blue Cross of Philadelphia. Coryell has served on the EAC since 2008.
Sharmain Matlock-Turner is president of the Urban Affairs Coalition (UAC), Philadelphia, Pa. She chairs the boards of trustees of the West Oak Lane Charter School and the Ogontz Avenue Revitalization Corporation. She is currently a board member of the People's Emergency Center, La Salle University, the Philadelphia Facility Management Corporation, which owns Philadelphia Gas Works (PGW), and she co-chairs the Economy League of Greater Philadelphia's 2010 Greater Philadelphia Leadership Exchange program.
Matlock-Turner co-hosts a weekly radio show "Financial Voices," on WURD 900 AM, which focuses on consumer and small business issues. She holds a bachelor's degree in education from Temple University. Matlock-Turner has served on the EAC since 2008.
Christopher Schell is the president and co-founder of Schell Brothers LLC, Lewes, Del. He is also president of Echelon Custom Homes, LLC, and Zero Energy, LLC. Schell is a trustee for the University of Delaware, and he serves on the board of the Home Builders Association of Delaware. He holds a bachelor's degree in mechanical engineering from the Massachusetts Institute of Technology and an MBA from the Harvard Business School. Schell has served on the EAC since 2008.
Kevin Flemming is president of Integrity Personnel, Allentown, Pa. He joined Integrity in 1997 as head of business development. He was named president in December 2003. Flemming is closely involved in economic development and workforce policy in the Lehigh Valley region.
Flemming is a past board member of the Lehigh Valley Economic Development Corp. and was co-chair of Valley Vision 2015, a regional urban revitalization initiative in the cities of Allentown, Bethlehem, and Easton. He is a member of the DeSales University President's Council and serves on the board of directors of the Forum for Ethics in the Workplace. He holds a bachelor's degree in business management from DeSales University and a Certified Staffing Professional (CSP) designation from the American Staffing Association.
Rose Lee is vice president and general manager, high-performance refractories, photonics, and scintillation of Saint-Gobain Innovative Materials, a subsidiary of Compagnie de Saint-Gobain (Paris). The company's North American headquarters is in Valley Forge, Pa. Lee joined Saint-Gobain in 1999 as director, strategy and planning, for CertainTeed's exterior products businesses, a subsidiary of Saint-Gobain. The following year, she was named executive director, eBusiness, for CertainTeed Corp. and was promoted to vice president, information technology, for Saint-Gobain North America.
In May 2004, Lee assumed the post of vice president and general manager of CertainTeed's pipe and plastics business. In 2008, she was named president of Saint-Gobain Crystals. Prior to joining Saint-Gobain, she worked at Pratt & Whitney in various engineering and management capacities and as a senior consultant at Booz Allen Hamilton.
Lee holds a bachelor's degree in engineering from Cornell University, a master's degree in engineering from Rensselaer Polytechnic Institute, and an MBA from the Massachusetts Institute of Technology.
Robert A. McMahon is senior vice president of the U.S. commercial operations of Merck & Co., Inc., North Wales, Pa. From 2000 to 2004, McMahon served as vice president and general manager of Merck/Schering-Plough Pharmaceuticals. In 2004, he was appointed vice president, marketing, and franchise business group leader of the arthritis and analgesia franchise business group. In this role, he chaired the worldwide business strategy team for the Merck A&A franchise. In 2005, McMahon was appointed general manager, U. S. human health, hospital, and specialty products, and then became general manager of the cardiovascular/metabolic business unit. In October 2007, McMahon was promoted to president, U.S. pharmaceuticals, and in August 2008, he took over leadership of Merck's U.S. commercial operations.
McMahon began his career with Arthur Andersen & Co. in New York. A CPA by training, he worked at the Squibb Corporation prior to joining Merck in finance. McMahon holds a bachelor's degree in accounting from Villanova University.
RoseAnn B. Rosenthal is president, CEO, and a member of the board of directors of Ben Franklin Technology Partners of Southeastern Pennsylvania, Philadelphia, Pa. She has 40 years of experience in business investment, regional planning, and economic development.
Rosenthal was recently named as an inaugural member of the national advisory council on Innovation and Entrepreneurship. She is on the boards of the Fox Chase Bank, the World Trade Center of Greater Philadelphia, the Mayor's Sustainability Advisory Board in Philadelphia, the Greater Philadelphia Life Sciences Congress and others. Rosenthal is on the advisory committee of the Emerald Stage2 Venture Fund and the Philadelphia Chapter of the national Network for Teaching Entrepreneurship.
Rosenthal holds a bachelor's degree from Temple University and, in 2007, received an honorary Ph.D. in Humane Letters from Philadelphia University. She was presented the Early Stage East Founders Award in 2008, and the Blair Thompson Lifetime Venture Award from the MAC Alliance in 2009.
Rodman Ward III is president and CEO of Corporation Service Company (CSC), Wilmington, Del. A fourth-generation descendant of one of the company's founders, Ward served on the CSC board for more than 15 years prior to his election as CEO in April 2010. Before joining CSC, Ward was president and CEO of the Speakman Company. He continues to serve as chairman of Speakman's board and is the immediate past president of PMI, the lead trade association for plumbing supply manufacturers. Ward also serves on the advisory board for the Benjamin Obdyke Corp., a manufacturer of residential building products. He held previous positions at Snap-on Inc., FMC Corporation, and Credit Suisse.
Ward is the board vice chair of East Side Learning Center and a member of the Philadelphia chapter of the Young Presidents' Organization, as well as a board member of the World Affairs Council of Wilmington and the Delaware Theatre Company. Ward holds a bachelor's degree in geology and economics from Middlebury College and an MBA from Kenan-Flagler Business School at the University of North Carolina.
John A. Dawkins III is president and CEO of Jo-Dan Enterprises, Bala Cynwyd, Pa. Jo-Dan Enterprises owns and operates nine McDonald's restaurants in Philadelphia. Prior to becoming a McDonald's franchisee, Dawkins was head of the chemistry department at Harriton High School in Lower Merion Township. During his tenure as an educator, he was also the proprietor of a real estate management company, owning and managing several apartment buildings in the city.
Dawkins is former president of the east division of the National Black McDonald's Operators Association (NBMOA) and has served on the following boards: Advance Bank (formerly Berean Federal Savings), Philadelphia Tribune Charities, and Philadelphia Avenue of the Arts. He was chairman of McDonald's Philadelphia Region Impact Committee. Dawkins has an associate's degree in chemical engineering from Temple University, and a bachelor's degree in education and a master's degree in psychology and counseling from West Chester University.
Daniel Falasca, Jr. is president of Falasca Mechanical Inc., Vineland, N.J., and vice president of the South Jersey Mechanical Contractors Association. As president of Falasca Mechanical, he is involved in the day-to-day operations and supervision of fieldwork.
Falasca serves on the boards of Big Brothers Big Sisters of Cumberland and Salem Counties; the Ellison School of Vineland; Plumbers/Pipefitters Local 322 Health and Welfare board and Apprentice Education board; and the South Jersey Mechanical Contractors Association's Industry board.
Robert Laskowski, M.D., MBA, is president, CEO, and a board member of Christiana Care Health System, Wilmington, Del. Laskowski is an internist specializing in geriatric medicine. He is a professor of clinical medicine at Jefferson Medical College of Thomas Jefferson University, Philadelphia, and a former associate professor of medicine, associate professor of health evaluation sciences, and associate dean for medical education at Penn State University College of Medicine.
Laskowski is a member of the board of directors of the Wilmington HOPE Commission and serves on the board of the Delaware State Chamber of Commerce. He is the chair of the Delaware Public Policy Institute board of trustees and a member of the board of directors and executive committee of Wilmington Renaissance Corp. He is a member of the First State Innovation board and the University of Delaware Lerner College of Business and Economics college advisory board. Laskowski is a graduate of the University of Pennsylvania's School of Medicine and holds an MBA from the University of Pennsylvania's Wharton School of Business.
Valerie J. Sill, CFA, is president, CEO, and chief investment officer of DuPont Capital Management (DCM), Wilmington, Del. She is responsible for overseeing the investment of more than $23 billion in assets held by DuPont Company plans and external clients.
Prior to joining DCM in April 2004, Sill was executive vice president at the Boston Company. There she chaired the Equity Policy Group and was the director of Large Cap Value strategies. She was an officer with Dreyfus, a Mellon company, where she managed the Dreyfus Premier Core Value mutual funds.
In addition to her work at the Boston Company and Dreyfus, Sill formed and chaired Mellon's Research Forum to foster collaboration among investment professionals from each of Mellon's investment management subsidiaries. Sill is a member of the board of trustees of Longwood Gardens and chairs its investment committee. She also chairs the investment committee of the Delaware Community Foundation and is a member of its board. Sill holds a bachelor's degree in economics and philosophy from Wellesley College and an MBA from Harvard University.
The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government. It is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware.
The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government. The Philadelphia Fed serves the Third District, which is composed of eastern Pennsylvania, southern New Jersey, and Delaware.