The central bank district announced Wednesday that Beth M. Hammack, 52, will take over when Loretta Mester steps down June 30.
Beth M. Hammack, 52, will take over as Cleveland Fed President when Loretta Mester steps down June 30. Hammack will take office officially on Aug. 21.
A Goldman Sachs executive and finance industry veteran will take over as the new president of the Cleveland Federal Reserve. Hammack will take office officially on Aug. 21. In the interim, Cleveland Fed First Vice President Mark S. Meder will serve as the president.
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