Membership Appointment to Federal Reserve Bank of San Francisco’s Economic Advisory Council

August 6, 2013

Thomas E. Vice

Thomas E. Vice

San Francisco, CA — The Federal Reserve Bank of San Francisco announced that Thomas E. Vice, Corporate Vice President and Sector President of Northrop Grumman’s Aerospace Systems, Redondo Beach, CA, was appointed as the newest member of the Twelfth District’s Economic Advisory Council (EAC). Mr. Vice’s term will expire December 31, 2015.

Mr. Vice leads Northrop Grumman’s Aerospace Systems operating sector, the company’s largest business unit, focused on manned and unmanned systems, space systems and advanced aerospace technologies. He is on the board of trustees for the Florida Institute of Technology, the board of advisors for Purdue University’s School of Astronautics and Aeronautics, and the board of governors for the USO.

He holds a B.S. in aerospace engineering from the University of Southern California, and has completed numerous advanced management programs.

EAC members provide the Bank’s president and senior management with information on current and pending developments in the regional and national economies.

The balance of the San Francisco Fed’s EAC includes:

Alfred A. Plamann (Chair), Retired, Chief Executive Officer, Unified 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 Chief Executive Officer, Blum Capital Partners, San Francisco, CA.
Ian T. Clark, Chief Executive Officer, Genentech, South San Francisco, CA.
Philip L. Francis, Retired, Executive Chairman, PetSmart, Inc., Phoenix, AZ.
Kathryn A. Hall, Chief Executive Officer and Chief Investment Officer, Hall Capital Partners, LLC, San Francisco, CA.
Sandra R. Hernández, M.D., Chief Executive Officer, The San Francisco Foundation, San Francisco, CA.
Rick R. Holley, President and Chief Executive Officer, Plum Creek Timber Co., Inc., Seattle, WA.
John E. “Jack” Pelo, President and Chief Executive Officer, Swire Coca-Cola, Draper, UT.
George Zinn, Corporate Vice President and Treasurer, Microsoft Corporation, Redmond, WA.


Matthew Schiffgens
Federal Reserve Bank of San Francisco
(415) 974-3246


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.