How Appropriate: Jamie Dimon Reelected As New York Fed Director
From the New York Fed. JPM's ETF boys celebrating by throwing market around any way they want.
NEW YORK—Jamie Dimon, chairman, president and chief executive officer of JPMorgan Chase, has been reelected a Class A director and Jeffrey B. Kindler,
chairman and chief executive officer of Pfizer, has been reelected a
Class B director of the Federal Reserve Bank of New York. Mr. Dimon has
been serving as a Class A director since January 2007 and Mr. Kindler
has been serving as a Class B director since October 2009. Mr. Dimon
and Mr. Kindler will be serving new three-year terms ending December
Mr. Dimon became JPMorgan Chase’s chairman of the board in
January 2007, following his appointment as chief executive officer on
January 2006. He also assumed the title of president upon the company’s
merger with Bank One Corporation in July 2004.
Mr. Dimon is a
director of The College Fund/UNCF and serves on the board of directors
of The National Center on Addiction and Substance Abuse, the University
of Chicago and Harvard Business School and is on the board of trustees
of New York University School of Medicine.
Mr. Dimon holds a bachelor’s degree from Tufts University and a master’s degree from Harvard Business School.
Kindler has been Pfizer’s CEO and chairman since 2006. Prior to his
appointment, Mr. Kindler was vice chairman and general counsel. He
joined Pfizer in 2002 as executive vice president and general counsel
with responsibility for Pfizer’s legal division and was named vice
chairman in 2005.
Mr. Kindler serves on the board of trustees of
Tufts University and Ronald McDonald House Charities. He is a board
member of the Manhattan Theatre Club, Lincoln Center for the Performing
Arts and Catalyst.
Mr. Kindler received his bachelor’s degree
from Tufts University and juris doctor from Harvard University, where
he was an editor of the Harvard Law Review.
The board of
directors of the Federal Reserve Bank of New York consists of nine
members, three of whom are appointed by the Board of Governors of the
Federal Reserve Systems as class C directors. The remaining six (three
class A and three class B directors) are elected by member banks in the
Second Federal Reserve District. Class A directors are drawn from among
the banking community. Class B & C directors are individuals chosen
from professions outside the banking community and typically represent
business, industry, agriculture, labor and consumers.