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Thursday, November 27, 2014

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Circular Letters

Circular Letter 5706

November 27, 2009

To: All Member Banks in the Third Federal Reserve District

Attention: Chief Executive Officer

Subject: Election Results and Other Appointments

We are pleased to announce the following election results:

  • Deborah M. Fretz, President/CEO/Director, Sunoco Logistics, Philadelphia, PA, has been elected a Class B director by member banks in Electoral Group 2. Ms. Fretz's term will begin January 1, 2010.

  • Aaron L. Groff, Jr., President & CEO, Ephrata National Bank, Ephrata, PA, has been re-elected a Class A director by member banks in Electoral Group 3. Mr. Groff's term will begin January 1, 2010.

Additionally, the following appointments were made by the Board of Governors of the Federal Reserve System and are effective January 1, 2010:

  • Charles P. Pizzi, President & CEO, Tasty Baking Company, Philadelphia, PA, has been appointed Chairman of the Board of Directors.

  • Jeremy Nowak, President, The Reinvestment Fund, Philadelphia, PA, has been appointed Deputy Chairman of the Board of Directors.

  • James Nevels, Chairman, The Swarthmore Group, Philadelphia, PA, has been appointed as a Class C director.

Federal Reserve Bank of Philadelphia - 2010 Board of Directors

Charles Pizzi, Chairman

President & CEO
Tasty Baking Company

Jeremy Nowak, Deputy Chairman

President & CEO
The Reinvestment Fund

Michael F. Camardo

Retired Executive Vice President
Lockheed Martin Information & Technology Services

Keith S. Campbell

Chairman
Mannington Mills, Inc.

Ted T. Cecala

Chairman & CEO
Wilmington Trust Corporation

Frederick (Ted) C. Peters

President & CEO
Bryn Mawr Trust Company

Aaron L. Groff, Jr.

Chairman, President & CEO
The Ephrata National Bank

Deborah M. Fretz

President/CEO/Director
Sunoco Logistics

James Nevels

Chairman
The Swarthmore Group

Additional information:

Inquiries concerning this circular letter should be directed to Herbert E. Taylor, Vice President and Secretary, at (215) 574-6439.