The Federal Reserve Bank of San Francisco appointed Deborah Flint, CEO of Los Angeles World Airports, to its Los Angeles Branch Board of Directors for a three-year term, effective January 1, 2019.
Additionally, Robert Gleason, president and CEO, Evans Hotels, San Diego, CA, has been redesignated by the Federal Reserve’s Board of Governors as the Los Angeles branch director and chair of its board of directors. Luis Faura, president and CEO of C&F Foods, Inc., City of Industry, CA, and Anita V. Pramoda, CEO of Owned Outcomes, Las Vegas, NV, have each been reappointed to a second term.
Ms. Flint is CEO of Los Angeles World Airports, with oversight of the Los Angeles International (LAX) and Van Nuys (VNY) general aviation airports. Before assuming her current role in 2015, Ms. Flint served as the Port of Oakland’s aviation director and held various other positions at the Port since 1992. She holds a bachelor’s degree in business administration from San Jose State University.
Mr. Faura is president and CEO at C&F Foods, Inc. A 30-year veteran of the company, Mr. Faura oversees the company’s product operations, new business development, acquisitions, procurement, and global sales, among other responsibilities. He holds a bachelor’s degree from the University of La Verne, an MBA from Pepperdine University, and a PhD in organizational behavior studies from Oklahoma State University.
Ms. Pramoda has served as CEO of Owned Outcomes, a healthcare software company, since 2014. She previously served as co-founder and CEO of TangramCare, and as executive advisor at Technology Crossover Ventures. Ms. Pramoda holds an MBA from the University of Pennsylvania.
Mr. Gleason is currently president and CEO of Evans Hotels, after previously serving as the company’s CFO and general counsel for many years. He has served as a director and chair of the San Diego County Regional Airport Authority, the owner and operator of San Diego International Airport. In addition, he is a trustee of the Francis Parker School and a member of the Executive Committee of the Princeton University Alumni Council, where he co-chaired the Committee on LGBT Alumni Affairs. Mr. Gleason holds a J.D. from the University of San Diego School of Law, and an A.B. in economics from Princeton University.
The balance of the Los Angeles Branch Board of Directors includes:
Carl Chang, CEO, Redwood-Kairos Real Estate Partners, Pieology Pizzeria, Rancho Santa Margarita, CA
James A. Hughes, former director and CEO, First Solar, Inc., Tempe, AZ
Steven W. Streit, founder, president and CEO, Green Dot Bank and Green Dot Corporation, Pasadena, CA
About the Boards of Directors
The Federal Reserve Act of 1913 requires each of the 12 Reserve Banks to operate under the supervision of a board of directors. The Federal Reserve Bank of San Francisco’s head office is governed by nine directors who represent the interests of the 12th Reserve District and whose experience provides the Bank with a wider range of expertise that helps it fulfill its policy and operational responsibilities. The nine directors of each Reserve Bank are divided evenly by classification: Class A directors represent the member banks in the District; Class B directors and Class C directors represent the interests of the public. In the case of the Federal Reserve Bank of San Francisco, its four branches in Los Angeles, Portland, Salt Lake City and Seattle each have a separate seven-member branch board.
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.