SAN FRANCISCO — The Federal Reserve Bank of San Francisco announced the newest members of its Economic Advisory Council (EAC), reappointed members, and the redesignation of its chair, effective January 1, 2026.
New EAC members:
Scott Gatzemeier
Corporate Vice President, Front End U.S. Expansion
Micron Technology
Boise, Idaho
David E. Whitehead
President
Schweitzer Engineering Laboratories, Inc.
Pullman, Washington
The following EAC members were reappointed for a second term:
Krystal Burge
Co-Founder
Desert de Oro Foods, Inc.
Kingman, Arizona
Patrick Duke
Senior Vice President and Chief Executive Officer
Doyon Limited
Anchorage, Alaska
In addition, Garrett Lofto was re-designated to serve as EAC Chair in 2026:
Garrett Lofto
President and Chief Executive Officer
J.R. Simplot Company
Boise, Idaho
About the Economic Advisory Council
The Twelfth District Economic Advisory Council (EAC) is a source of information on current and pending economic developments in the Twelfth District. The members provide observations, opinions, and advice to members of the Boards of Directors and Federal Reserve Bank of San Francisco senior leadership. The Twelfth District Economic Advisory Council members reside within the nine-state District of this Reserve Bank.
Jennifer Chamberlain
Federal Reserve Bank of San Francisco
(415) 636-2232
The Federal Reserve Bank of San Francisco (SF Fed) works to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers the nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. By pursuing our two key goals of maximum employment and price stability—known as the Fed’s dual mandate—we work toward supporting an economy that works for everyone.