New Chair and Membership Appointments Announced for the Federal Reserve Bank of San Francisco’s Economic Advisory Council
SAN FRANCISCO — The Federal Reserve Bank of San Francisco announced a new chair and the newest members of the Twelfth District’s Economic Advisory Council (EAC).
Jacqueline Reses, chief executive officer and founder of Post House Capital, LLC, in Woodside, California, has been appointed chair of the council for 2021. New members of the EAC, whose two-year terms began on January 1, 2021, include: David Carlisle, president and chief executive officer of Charles R. Drew University of Medicine, Los Angeles, California; Beverly Cole, president and chief executive officer of Cole Renwick, LLC, Glendale, California; Christy Johnson, founder and chief executive officer of Artemis Connection, Inc., Mukilteo, Washington; Crystal Maggelet, chief executive officer and chairman of the board of FJ Management, Inc., Salt Lake City, Utah; Sherrie Perkins, chief executive officer of ARUP Laboratories, Salt Lake City, Utah; and Carla Peterman, senior vice president of Southern California Edison, Rosemead, California.
Jacqueline D. Reses
Ms. Reses is the founder and chief executive officer of Post House Capital LLC, in Woodside, California. Previously, she led Square Capital and Square Financial Services, a subsidiary of Square Inc. She was appointed as a member of the Federal Reserve Bank of San Francisco’s Economic Advisory Council (EAC) in 2015. She holds a bachelor’s degree from the Wharton School at the University of Pennsylvania.
David M. Carlisle
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David M. Carlisle, MD, PhD
Dr. Carlisle is president and chief executive officer of Charles R. Drew University of Medicine (CDU) and Science in the Watts-Willowbrook area of Los Angeles, California. He is presently a professor of medicine and public health at CDU, and an adjunct professor of medicine at the University of California Los Angeles. Dr. Carlisle earned a medical degree from Brown University, and a master’s degree and PhD from the UCLA Fielding School of Public Health. He also holds a bachelor’s degree from Wesleyan University.
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Ms. Cole is president and chief executive officer of Cole Renwick, LLC and C&G Consulting, in Glendale, California. She is an independent board member with Bank OZK, Founders First Capital and also serves on boards of the National Association of Corporate Directors and the Private Directors Association. She previously served as an executive with Walt Disney Company, a Wall Street investment banker, and chief executive officer of CR Foods, a women-owned 16 unit-restaurant franchise group located in Southern Florida. Her experience also includes several years as a federal regulator with the Office of Thrift Supervision, the FDIC, and as a portfolio manager with the Small Business Administration. A native of Virginia, Ms. Cole earned a juris doctor from Fordham University, a master’s degree from the Wharton School, and a bachelor’s degree from Boston University.
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Ms. Humphreys is president and chief executive officer of Bristol Bay Seafood Investments, based in Anchorage, Alaska. Prior to her current role, Ms. Humphreys was chief financial officer at Darigold, a leading dairy cooperative, and also served as president and chief executive officer of Icicle Seafoods. Ms. Humphreys earned a master’s degree from the University of Washington, and a bachelor’s degree from the University of Puget Sound.
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Ms. Johnson is founder and CEO of Artemis Connection, Inc., in Mukilteo, Washington. An entrepreneur and educator, she is an adjunct faculty member at the University of Washington, and has also facilitated courses at the Stanford University’s Graduate School of Business. She previously worked in corporate strategy at McKinsey & Co. and, prior to that, also worked as a economics and mathematics teacher. Ms. Johnson holds a master’s degree and certificate from Stanford University’s Graduate School of Business. She also has a master’s degree from Stanford University’s School of Education and a bachelor’s degree from Western Washington University.
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Ms. Maggelet is chairman and chief executive officer of FJ Management in Salt Lake City, Utah, which includes the wholly owned subsidiaries Maverik, a convenience store chain, and Big West Oil, a petroleum refinery. She previously served as chief executive officer of Flying J Inc. and is the founder of Crystal Inn Hotel and Suites. Ms. Maggelet holds a master’s degree from Harvard Business School, as well as honorary doctorate degrees from Utah State University and Weber State University. She also holds a bachelor’s degree from Pepperdine University.
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Dr. Perkins is chief executive officer of ARUP Laboratories, a not-for profit national laboratory associated with the University of Utah Department of Pathology that she has led since 2017. She is a tenured professor of pathology at the University of Utah School of Medicine, where she has served numerous leadership roles, including director of hematopathology, interim department chair, division chief of clinical pathology, director of the ARUP R&D Institute, and member of the ARUP Laboratories’ executive management team. She holds a PhD from the University of Miami and medical degree from Washington University in St. Louis.
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Ms. Peterman is senior vice president of strategy and regulatory affairs at Southern California Edison in Rosemead, California. She is responsible for the company’s federal and state regulatory affairs, energy and environmental policy organizations, energy and environmental policy, and strategic planning. She previously served on the California Public Utilities Commission, the California Energy Commission, and in 2019 was appointed chair the Commission on Catastrophic Wildfire Cost and Recovery by California Gov. Gavin Newsom. Ms. Peterman holds a PhD the University of California, Berkeley and two master’s degrees from Oxford University, where she was a Rhodes scholar. She holds a bachelor’s degree from Howard University.
The remaining members of the EAC include:
Jeremy Andrus, president and chief executive officer, Traeger Grills, Salt Lake City, Utah
Glynis Bryan, chief financial officer, Insight Enterprises, Inc., Tempe, Arizona
Robert Hazleton, president, The Herrick Corporation, Stockton, California
James Healy, founder, JFH Capital, LLC, Los Angeles, California
Paul King, president and chief executive officer, Stanford Children’s Health, Palo Alto, California
Stein Kruse, group chief executive officer, Holland America Group and Carnival UK, Seattle, Washington
Lewis C. Lee, chief executive officer and global head, Aon OP Solutions Group, Spokane, Washington
Kristin Reinke, vice president, Head of Google Finance, Google, Inc., Mountain View, California
Sergio Retamal, founder and chief executive officer, Global4PL Supply Chain Management, Milpitas, California
Willa Seldon, partner, The Bridgespan Group, San Francisco, California
Daniel Weiss, managing partner and co-founder, Angeleno Group, LLC, Los Angeles, California
EAC members provide the Bank’s senior management with information on current and pending developments in the regional and national economies. Members are typically appointed to two-year terms.
Federal Reserve Bank of San Francisco
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.