As Previously Disclosed, Sheila Bair Is Leaving The FDIC

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FDIC ANNOUNCES CHAIRMAN BAIR’S OFFICIAL DEPARTURE DATE
2011-05-09 18:49:16.408 GMT

(The following is a reformatted version of a press release issued by The FDIC and received via electronic mail. The release was confirmed by the sender.)

FDIC Announces Chairman Bair’s Official Departure Date

May 9, 2011

The Federal Deposit Insurance Corporation (FDIC) today announced Chairman Sheila C. Bair’s official departure will be effective July 8th, 2011. Consistent with previous public statements, Chairman Bair has announced her intention to depart the agency following the expiration of her term as Chairman. The FDIC will hold a board meeting during the first week of July.

This will be Chairman Bair’s final board meeting.

Media Contact:
Andrew Gray
(202) 898-7192
Email: angray@fdic.gov