Membership Appointment to Federal Reserve Bank of San Francisco’s Economic Advisory Council
San Francisco, CA — The Federal Reserve Bank of San Francisco announced that John E. “Jack” Pelo, President and CEO, Swire Coca-Cola, Draper, UT, was appointed as the newest member of the Twelfth District’s Economic Advisory Council (EAC). Mr. Pelo’s term will expire December 31, 2015.
Mr. Pelo has been President and CEO of Swire Coca-Cola USA, a subsidiary of Swire Pacific Limited in Hong Kong, since 1996. He has also served on the Executive Committee of Swire Beverages during this time. Prior to becoming President, he served as Division Manager of the Northwest Division based in Walla Walla, WA.
In addition, he serves as director of the American Beverage Association and the Coca-Cola Bottlers’ Association. He has been a director of Key Technology Inc., since 1998. He holds a BA in business administration from Washington State University.
EAC members provide the Bank’s senior management with information on current and pending developments in the regional and national economies.
The balance of the San Francisco Fed’s Economic Advisory Council includes:
Alfred A. Plamann (Chair), retired, CEO, United Grocers, Inc., Commerce, CA.
Tracy C. Doi (Vice Chair), group vice president and Chief Financial Officer, Toyota Motor Sales, USA, Inc., Torrance, CA.
Richard C. Blum, chairman and CEO, Blum Capital Partners, San Francisco, CA.
Ian T. Clark, CEO, Genentech, South San Francisco, CA.
Philip L. Francis, retired executive chairman, PetSmart, Inc., Phoenix, AZ.
Kathryn A. Hall, CEO and Chief Investment Officer, Hall Capital Partners, LLC, San Francisco, CA.
Sandra R. Hernández, M.D., CEO, The San Francisco Foundation, San Francisco, CA.
Rick R. Holley, president and CEO, Plum Creek Timber Co., Inc., Seattle, WA.
George Zinn, corporate vice president and treasurer, Microsoft Corporation, Redmond, WA.
Federal Reserve Bank of San Francisco
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.