Theodore F. Craver, Jr. joins Federal Reserve Bank of San Francisco’s Economic Advisory Council

Theodore F. Craver, Jr.

Theodore F. Craver, Jr.

San Francisco, CA – The Federal Reserve Bank of San Francisco announced that Theodore (Ted) F. Craver, Jr., chairman, president and CEO of Edison International, was appointed a member of the Federal Reserve Bank of San Francisco’s Economic Advisory Council (EAC).

Edison International is the parent company of Southern California Edison, one of the nation’s largest electric utilities, and subsidiaries engaged in generation, delivery or use of electricity. Prior to this role, Mr. Craver was chairman, president and CEO of Edison Mission Group. Before that, he was executive vice president of Edison International, and held the position of chief financial officer and treasurer.

Before joining Edison in 1996, Mr. Craver served as executive vice president and corporate treasurer of First Interstate Bancorp, among other roles.  Before joining First Interstate, he worked at Bankers Trust Company of New York and Security Pacific National Bank.

Mr. Craver is on the board and serves as chairman of the Edison Electric Institute, and is on the board of the Electric Power Research Institute. He is a member of the Business Roundtable and is on the Health Net, Inc. Board of Directors. He is also on the Autry National Center Board of Trustees, the California Board of Trustees of The Nature Conservancy, and the Smithsonian National Museum of American History Advisory Board. Mr. Craver earned an MBA and a bachelor’s degree in economics and international relations from the University of Southern California.

EAC members provide the Bank’s senior management with information on current and pending developments in the regional and national economies.  All members serve three year terms.

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

George Zinn (chairman), corporate vice president and treasurer, Microsoft Corporation, Redmond, WA.

John E. (Jack) Pelo (vice chairman), president and CEO, Swire Coca-Cola USA, Draper, UT.

James Beer, executive vice president and CFO, McKesson Corporation, San Francisco, CA.

Richard C. Blum, chairman and CEO, Blum Capital Partners, San Francisco, CA.

Jake Boyer, president and CEO, The Boyer Company, Salt Lake City, UT.

Ian T. Clark, CEO, Genentech, San Francisco, CA.

Philip L. Francis, retired executive chairman, PetSmart, Phoenix, AZ.

Kathryn A. Hall, CEO and co-chief investment officer, Hall Capital Partners, LLC, San Francisco, CA.

Donald R. Knauss, executive chairman, The Clorox Company, Oakland, CA.

Kevin C. Leader, principal vice president and treasurer, Bechtel Corporation, San Francisco, CA.

Jacqueline D. Reses, chief development officer, Yahoo, Inc., Sunnyvale, CA.

Mary Pat Thompson, CFO and senior vice president, MWI Veterinary Supply, Boise, ID.

Thomas E. Vice, president, Aerospace Systems, Northrop Grumman, Redondo Beach, CA.

The Federal Reserve Bank of San Francisco (SF Fed) serves the public by promoting a healthy, sustainable economy, and supporting the nation’s financial and payment systems. With offices in Los Angeles, Seattle, Salt Lake City, Portland and Phoenix, the Bank serves the Twelfth Federal Reserve District, which includes one-fifth of the nation’s population and represents the world’s fourth-largest economy. As part of the nation’s central bank, the SF Fed informs monetary policy, regulates banks, administers certain consumer protection laws and acts as a financial partner to the U.S. government.