Los Angeles, California – The Federal Reserve Bank of San Francisco has appointed Luis Faura, president and chief executive officer of C&F Foods Inc., to its Los Angeles Branch board of directors, effective January 1, 2016.
At C&F Foods, a major originator and packer of dried beans, peas, rice and popcorn and ancient grains, Mr. Faura oversees the company’s product operations, new business development, acquisitions, procurement, global sales, finances, personnel, product innovation and marketing along with managing policies and procedures. He is also responsible for accelerating the company’s growth and expanding its market presence.
Mr. Faura serves as chairman of the board of trustee’s at the University of La Verne, member of the board for Armstrong/Pikes Nurseries, as well as on the advisory boards for Pepperdine University and Padres Contra El Cancer, and is an active member of Vistage. He holds a BS degree from the University of La Verne, an MBA from Pepperdine University, and is currently pursuing his Ph.D. in business for executives program in the Watson Graduate School of Management at Oklahoma State University.
The Los Angeles Branch board of directors provides economic perspective on the region to the Federal Reserve Bank of San Francisco’s board of directors.
Other members of the Los Angeles Branch board include: James A. Hughes (chairman), First Solar, Inc.; Gina Marie Lindsey; Robert H. Gleason, Evans Hotels; Ilyanne Morden Kichaven, SAG-AFTRA; John C. Molina, Molina Healthcare, Inc.; David I. Rainer, California United Bank; and Peggy Tsiang Cherng, Panda Restaurant Group, Inc.
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.