San Francisco Federal Reserve’s Economic Advisory Council Selects New Officers

June 14, 2010

Mary F. Kaiser

Mary F. Kaiser

Alfred A. Plamann

Alfred A. Plamann

San Francisco, CA – Mary F. Kaiser, president of California Community Reinvestment Corporation, and Alfred A. Plamann, president and chief executive of Unified Grocers, Inc., were chosen as chair and vice chair of the Federal Reserve Bank of San Francisco’s Economic Advisory Council. Ms. Kaiser has been on the council since April 2007 and has served as vice chair since 2009, while Mr. Plamann joined in January 2009. Their terms end in 2012 and 2011, respectively.

Economic Advisory Council (EAC) members provide information on current and pending developments in the regional and national economies. During her 3 years on the Council, Ms. Kaiser has provided insight on the housing market, specifically the affordable housing situation in California. Mr. Plamann has informed the Council on the health of California’s food industry, particularly the well being of grocers and the customers they serve.

Ms. Kaiser joined the California Community Reinvestment Corporation in 1995 as president and CEO. She began her career in 1975 at First Interstate Bank. In 1987, she joined the Bank of A. Levy, a 100 year-old local bank in Ventura County, as its executive vice president and chief operating officer.

Ms. Kaiser serves on the Board of Trustees of the Community Reinvestment Fund, Low Income Investment Fund Board, California Housing Consortium Board, Advisory Boards of the Ventura County Community Foundation, and Pepperdine’s Seaver College Career Coaching Program.

Mr. Plamann has led Unified Grocers, Inc. since September 1999, when Los Angeles-based Certified Grocers of California, Ltd. merged with United Grocers, Inc. of Portland, Oregon. Prior to the merger, Mr. Plamann spent six years as president and CEO of Certified Grocers of California.

Currently Mr. Plamann serves on the boards of the Food Marketing Institute and the National Cooperative Grocers Association. He also serves on the Washington, D.C.-based National Cooperative Bank Board of Directors. Mr. Plamann is a member of the Los Angeles Area Chamber of Commerce (Board member), the Town Hall of Los Angeles (Board member), the George L. Graziadio School of Business & Management — Pepperdine University (Board of Visitors member), and the Weingart Center Association, a non-profit organization that provides assistance to the homeless in Los Angeles.

The balance of the San Francisco Fed’s Economic Advisory Council includes:

  • Richard C. Blum, chairman and founder, Blum Capital Partners, San Francisco, California
  • Jonathan Coslet, chief investment officer and senior partner, TPG Capital, L.P., San Francisco, California
  • Susan Desmond-Hellmann, chancellor, University of California, San Francisco, San Francisco, California
  • Tracey C. Doi, group vice president and CFO, Toyota Motor Sales, USA, Inc., Torrance, California
  • Kim Roberts Hedgpeth, national executive director, American Federation of Television and Radio Artists, Los Angeles, California
  • Rick R. Holley, president and CEO, Plum Creek Timber Co., Inc., Seattle, Washington
  • Cathy Luke, president, Loyalty Enterprises, Ltd., Honolulu, Hawaii
  • Roy A. Vallee, chairman of the board and CEO, Avnet, Inc., Phoenix, Arizona

Carol Eckert
Federal Reserve Bank of San Francisco
(415) 977-3853

Lily Ruiz
Federal Reserve Bank of San Francisco
(415) 974-3240


The Federal Reserve Bank of San Francisco, with branch offices in Los Angeles, Seattle, Salt Lake City, and Portland, and a cash processing office in Phoenix, provides wholesale banking services to financial institutions throughout the nine western states. As the nation’s central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers certain consumer protection laws, and is fiscal agent for the U.S. government. Follow us on Twitter at twitter.com/sffedreserve.