Tamara Lundgren and Randy Compton Appointed to the Portland Branch Board of the Federal Reserve Bank of San Francisco

Tamara Lundgren

Tamara Lundgren

Portland, OR – The Federal Reserve Bank of San Francisco has appointed Tamara Lundgren, president and CEO, Schnitzer Steel Industries, Inc., and S. Randolph (“Randy”) Compton, president, CEO and co-chair of the board, Pioneer Trust Bank, to its Portland Branch board of directors, effective January 26, 2012.

In addition to her role at Schnitzer Steel Industries, Ms. Lundgren serves on the boards of the Parsons Corporation, US Chamber of Commerce, where she also serves on the executive committee, OHSU Foundation, and the James Beard Foundation. Ms. Lundgren was named Woman Executive of the Year in 2010 by the Portland Business Journal.

Randy Compton

Randy Compton

Mr. Compton is an active member of the business community and serves on the advisory boards of the Oregon African American Museum, Oregon Northwest Black Pioneers, and the Willamette Heritage Center. He is a member of the board of directors of the Oregon Law Foundation and is a member of the Salem Chamber of Commerce Economic Improvement District Committee. He previously served as chair for the Salem March of Dimes.

Other members of the Portland Branch board include: David Chen (chairman), Equilibrium Capital Group LLC; Bob Hale, Hale Companies; Roger Hinshaw, Bank of America; Dr. Joe Robertson, Oregon Health & Science University; and Roderick Wendt, JELD-WEN, 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.