The Federal Reserve Bank of San Francisco

Federal Reserve Bank of San Francisco Board of Directors

Effective January 1, 2012

Elected by Member Banks

Class A *

KENNETH P. WILCOX
KENNETH P. WILCOX (2012)
Group 1
Chairman
Silicon Valley Bank
Santa Clara, California

BETSY LAWER
BETSY LAWER (2013)
Group 2
Vice Chair
First National Bank Alaska
Anchorage, Alaska

MEGAN F.  CLUBB
MEGAN F. CLUBB (2014)
Group 3
President and
Chief Executive Officer
Baker Boyer National Bank
Walla Walla, Washington

Class B *

BLAKE W. NORDSTROM
BLAKE W. NORDSTROM (2012)
Group 3
President
Nordstrom, Inc.
Seattle, Washington

NICOLE C. TAYLOR
NICOLE C. TAYLOR (2013)
Group 1
President and
Chief Executive Officer
East Bay Community Foundation
Oakland, California

RICHARD A. GALANTI
RICHARD A. GALANTI (2014)
Group 2
Executive Vice President and
Chief Financial Officer
Costco Wholesale Corporation
Issaquah, Washington

Appointed by Board of Governors of the Federal Reserve System

Class C

WILLIAM D. JONES
WILLIAM D. JONES (2012)
President and
Chief Executive Officer
City Scene Management Company
San Diego, California

PATRICIA E. YARRINGTON
PATRICIA E. YARRINGTON
(2013)

Deputy Chairman
Vice President
and Chief Financial Officer
Chevron Corporation
San Ramon, California

DOUGLAS W. SHORENSTEIN
DOUGLAS W. SHORENSTEIN (2014)1
Chairman of the Board and
Federal Reserve Agent
Chairman and Chief Executive Officer
Shorenstein Properties LLC
San Francisco, California

Member of the Federal Advisory Council, Appointed by San Francisco Board of Directors

J. MICHAEL SHEPHERD
J. MICHAEL SHEPHERD (2012)
Chairman and
Chief Executive Officer
Bank of the West and BancWest Corporation
San Francisco, California

1 Reappointment for the first year of a three-year term beginning January 1, 2012.

* For election of directors' purposes, member banks are classified into groups based on capital and surplus as of the date of the election letters. The latest reclassification, effective July 28, 2008, resulted in the following:
Group 1 - Capital and surplus of $200,000,000 or more
Group 2 - Capital and surplus of $17,500,000 or more and less than $200,000,000
Group 3 - Capital and surplus of less than $17,500,000

Last updated January 2012